USDCHF
BUY
ENTRY - 0.9959
TP - 1.0038
SL - .9919
ratio - 1.01
risk - 2.00%
03.29.2019 19:30 - 4HR
- Entry based off of Rainbow EMA Reversal
- Waited for consolidation before entry
- Should have put stop below major support around .9905
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Good luck on your trading journal 
Yeah good luck Mackimus, I’ll be watching too 
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USDCHF
BUY
ENTRY: 0.9959
TP: 1.0038
SL: .9919
Ratio: 1.01
Risk: 2.00%
CLOSED POSITION
Pips gained: 39.4
Net profit: $39.40
% earning: 2.02%
Final pip: .9998
04.04.2019 17:06 - 4HR
- Pure technical trade.
- Resistance level around 1.0000 scared me out of trade.
- Hindsight - Exited trade too soon. Should have moved up stop loss to .9963 waited to see next test of 1.0000 resistance level - Now support level.
AUDNZD
SELL
ENTRY: 1.0613
TP: 1.0482
SL: 1.0680
04.15.2019 17:31 4HR
- Pure technical trade
- Rainbow EMA Reversal
- Waited for a bit of consolidation, could not make new highs above 1.0625 area
- 2:1 ratio with stops above strong resistance at 1.0672 and TP around 2nd level of resistance. May look to move TP up to stronger support/resistance around 1.0524.
AUDNZD chart through January 2019 to show trend and support/resistance levels …
04.15.2019 17:31 4HR
USDCHF
BUY
Entry: .9999
TP: 1.0089
SL: .9952
Ratio: 1.74:1
04.04.2019 17:08 - 4HR
- Pure technical trade
- Entry based off of retest of resistance during a bullish trend
- Looking for breakout above 200 MA, then becoming new support
USDCHF
BUY
Entry: .9999
TP: 1.0089
SL: .9952
Ratio: 1.74:1
CLOSED POSITION
Pips gained: 81
Net Profit: $80.34
% Earning: 4%
Final Pip: 1.0080
Trade duration: 11 days
04.16.2019 16:53
- Great trade! Moved exactly as predicted/hoped!
- Slight pull back after consolidation at resistance, then strong move through 200 MA up to s/r level around 1.0048. Previous resistance became support at .9999 level, then great bull move up to NEAR TP level. Closed position 9 pips short of TP. Nailed the close though, currently in a bear 4 hour candle. Will watch to look for possible short position.
GBPAUD
BUY
Entry: 1.8222
TP: 1.8308
SL: 1.8169
Ratio: 1.65:1
04.12.2019 18:16 - 4HR
- Pure technical trade
- Entry based solely off of February support level of 1.8222 area
- Hoping for bounce off of February support levels back to 1.8318 resistance level
GBPAUD
BUY
Entry: 1.8222
TP: 1.8308
SL: 1.8169
Ratio: 1.65:1
TAKE PROFIT
Pips gained: 86
Net Profit: $61.44
% Earning: 2.96%
Final Pip: 1.8308
Trade duration: 3 days
04.16.2019 01:55 - 4HR
- Lucky trade. Squeezed out the last bull run before the support break.
- Nailed the TP around 1.8304 resistance level
- Trade based solely off of strong support levels. Need to incorporate use of indicators and news a bit more before entering a trade.
Good one’s Mackimus!
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AUDNZD
SELL
ENTRY: 1.0613
TP: 1.0482
SL: 1.0680
STOP LOSS
Pips gained: -66.5
Net profit: -$44.67
% earning: -2.20%
Final pip: 1.0680
04.16.2019 22:45 - 4HR
- First trade that the Rainbow EMA Reversal strategy did not work.
- Need to research fundamentals. Assuming the 4 hr 70 pip bull run through stop loss was due to fundamentals.
- Currently making new highs since last November - 5 months
GBPUSD
SELL
ENTRY: 1.2899
TP: 1.2892
SL: 1.2910
CLOSED POSITION
Pips gained: 5.8
Net profit: $5.80
% earning: 0.29%
Final pip: 1.2894
15 min chart
- Saw bearish setup on 15 min chart just over 1.29004 resistance. Waited for bear confirmation candle after red doji.
- Fairly late entry just below resistance but nice 4 bear candles down.
- After a bit of consolidation, moved TP up to around 1.2888 level. Price moved through my TP but did not get filled. Not sure why.
- Price then moved up a couple pips. Got cold feet so closed the position positive 5.8 pips. I’ll take what I can get. Hindsight validated my cold feet as price went back up to resistance, so good exit.
- NEW TRADE PLAN!
- Trading solely off of price action. S/R only!
- Cleaning up charts, removing all indicators and grid lines.
- Looking for reversal/range trading off of support and resistance areas.
- Marking S/R on daily chart, then looking for trade set-ups based off of those S/R lines on daily, 4-1 HR and 30-5 min.
- 10 pip target per day. Will look to increase to 15 or 20 pips /day after 10, 10 pip days.
EURUSD
BUY
ENTRY: 1.1136
TP: 1.1147
SL: 1.1126
CLOSED POSITION
Pips gained: -2.2
Net profit: $2.20
% earning: -0.11%
Final pip: 1.1134
1 hr chart
- Should have not taken this trade
- EURUSD has been very bearish all week
- Got restless and wanted to find an entry around the support level for a bull run up to the next resistance, or at least get a few pips halfway up.
- Waited for the bull doji candle to make a new high and signal bull takeover. Two pip spread so did not get in right with the first move up.
- Decent bull candle, then started to sell off a bit right around my spread entry.
- Didn’t like what I saw so closed my position just under my entry.
- Need to factor in the spreads a bit more on these tight 10 pip squeeze trades.
NZDUSD
SELL
ENTRY: .6663
TP: .6607
SL: .6664
STOP LOSS
Pips gained: -19.1
Net profit: -$19.10
% earning: -0.97%
Final pip: .6663
1 hr chart
- Did not follow resistance reversal entry rules. Wanted to enter trade before bed. Would not have entered trade if I had waited for trade to set up.
- Confident looking reversal trade at .6645 level. Nice bull run up that initially looked to be slowing down at resistance. Bit of consolidation just below level whetted my appetite for entry. FOLLOW TRADE ENTRY RULES!
- Trade hit resistance and pushed up through stop loss.
- Again, would NOT have entered trade if I had tracked price through resistance level. Need to stay patient and follow entry rules.
- Price is still trending towards a short reversal at .6672 level. Will watch for entry based on rules, however it is Friday and rules state to be cautious and limit trades on Fridays.
EURUSD
SELL
ENTRY: 1.1195
TP: 1.1163
SL: 1.1211
STOP LOSS
Pips gained: -16
Net profit: -$16
% earning: -0.82%
Final pip: 1.1211
1 hr chart
- Ugh. My first limit entry order.
- Thought I had a good short setup at the 1.1193 resistance level. Set a sell limit order at resistance when price was a about 8 pips away. Figured IF it went up to that level, that it would bounce back down for at least 20 pips.
- Reversal setup speculation was based solely off of price action (s/r levels). Thinking of maybe implementing 100 & 200 SMA indicators as well as Fibs and trend lines. Thinking I may need a few more indicators to help verify trade setups.
- Also should probably be more cautious with my short position entries. Currently making up 80% of my last 20 trades at a whopping 18.75% win rate.
EURAUD
SELL
ENTRY: 1.5954
TP: 1.5928
SL: 1.5997
CLOSED POSITION
Pips gained: 21.5
Net profit: $15.07
% earning: 0.81%
Final pip: 1.5932
4 hr chart
- Entered based off of range reversal pattern
- Probably entered a bit soon. 4 hr candle hit resistance, then showed a bit of bearish consolidation. Typically would like to enter these trades after stronger consolidation at resistance.
- Daily candles never closed at resistance. Bearish doji daily candle(chart below), followed by bearish consolidation on 4hr chart prompted sell entry.
- Good bear run down to half my TP level. Bull pull back scarred me to close position.
- Current goal of 20 daily pips sealed my decision to close position.
Overall Stats: 4/2019 through 5/3/19 - 1 Month
Pips gained: -156.8
Profit: -77.8
% earning: -4.19%