UPDATE: 01/14/2018
- prices breaks 111.00 level = FIB 50
- the next support level would be =110.00 level
action: - If the price pulls back near MA 13, I will consider sell based on my system and T.A., F.A. condition.
- plan is closed for this pair.
UPDATE: 01/14/2018
UPDATE: GBP/AUD 1/10/2018
UPDATE: 01/14/2018
ONE WEEK OF TRADING JOURNAL PUBLIC
It was more than one week when I decided to go to public my trading journal.
I felt that it was very difficult to keep track of the posts for one plan because of some restrictions when I write some new post to update.
I usually record the plan only by the charts and keep tracking orders by using excel.
How ever, I become more careful, work hard to analyze market and it is a good thing in Forex Market because every thing can happen!
I decide only to post the Daily Chart Analyze/Plan by Chart for now even though most of my profit is from H4, H1 Chart by using My Trading Signal. And I will try to figure out the way for smooth transfer from private journal to public journal.
In conclusion, it is more fun to go online and know that some one read my trading journal. It help me to become a discipline trader to achieve my goal.
1-12/1/2018 Result:
Lesson:
15-19/1/2018 Analyze/Plan:
UPDATE EUR/AUD DAILY: 01/17/2018
BUY : 0.02 @1.54066, 0.04 @1.53973, 0.05 @1.53904 FOR TESTING
0.1 @1.53321, 0.2 @1.53054 BY LIMIT ORDER
EUR/AUD UPDATE: 01/18/2018
Conclusion:
01/25/2018
EUR/AUD H4 BUY UPDATE:
AUD/JPY DAILY SELL UPDATE:
NZD/JPY DAILY SELL UPDATE
UPDATE 01/26/2018:
EUR/AUD H4:
AUD/JPY DAILY:
NZD/JPY DAILY:
HELLO BABYPIPS COMMUNITY!
Someone needs an advice from me!
It has been a month since I public my trading journal. And I always feels exciting about it. There is always time delay when I execute my plan until I update it to my journal.
I try my best to keep my Journal clean, organize, so all Traders can understand my strategy/plan. And perhaps, MAKE MONEY FROM IT.
Unfortunately, I can not public my proven trading system for profit because of intellectual property of developer.
However, If you try to become a Profit Trader by learn to trade by yourself but Forex Trading is not for every one not because you are not smart enough. Only 5% Traders can make stable profit.(Google it…)
It is like a gift. Some traders can make stable profit after a few years of learning, practicing, trading with loss.
I am a Profit, Professional, Discipline Trader since 2014. And I know that it is tough, difficult, not like easy, quickly rich tale.
The key is that you have to follow the trend based one science and later the art, not like forecast the trend.
If you give it a try to become a Forex Trader, and it does not work out. Move on, Hire some one to trade for you, Or Subscribe to Good Signal with small fees.
After all, you do not need to become a good Trader, find one, and follow him!
My 2 cents.
01/2018 SUMMARY:
Here is the summary of my first month to public trading online.
ACCOUNT EQUITY: $6000
PROFIT: $442.49 = 7.37%
PROFIT GOAL: 8% NOT BAD.
TRADES: 5 TRADE PLANS
LESSON:
02/2018 Goal:
The goal for small account in February is:
Account Equity: $5000, reset to $5000 each month.
Profit Goal: $250 = 5%
Risk: %1-%4 for each trade
BACK UP FOR JOURNAL:
I have a back up for my journal at MQL5 in case:
TRADING ACCOUNT PUBLIC PROFIT, RISK, TRADES HISTORY:
DO NOT SUBCRIBE TO MY SIGNAL BECAUSE IT IS NOT FREE ($30)