Hello fellow traders,
Today I will start posting my trade journal here to keep track of my record trading using Price Action.
A little short story of my trading history:
Started trading 8years ago in 2005. Basically know nothing about trading and learn the hard way by myself. Had applied many systems in my trading be it technical analysis using indicators and fundamental analysis using news to trade. Blew my live account more the 5 times during these journey. Wasted 1 whole year trading fx full time and it doesnt work out. I learn the hard way from gaining experience which I’m not going to regret. Finally, when i was about to gave up, i came across price action trading by using just plain naked price action movement.
Started to read all about price action and applied in my trading 2years back and till now i believe this is the system that works fine for me. There is no such thing as Holy Grail system which is believe so. Each system must fit in to individual personality of trading. Pyschological and money management plays a very implortant role in trading. And so, here I am finally ready to update every single of my trading movement.
[U]Here is what I’m going to post:[/U]
-Reason to enter a trade
-R:R
-Daily chart analysis
-End month statement of account balance
[U][/U][B]My trading strategy: [/B]
-pin bar & bearish/bullish reversal off S/R
-4hrs, Daily and weekly chart
-not to enter opp of trend
-Only enters if its high probability setups
[B][/B][I]High probability setups = (pin bar & bearish/bullish reversal off S/R + in trend + reasonable R:R)[/I]
Initially wanted to start my journal in January 2014 but hey price move anytime so let’s start and I hope I can keep posting my trading record and let everyone sees how price action trading works. Till then cheers.
*sorry for my poor english 
