4 Trade journal - Pairs which looking for possible trade in this week

1. AUDCAD

Waiting to price come to area 1, where is support.

2. GBPUSD

We look close to the GBPUSD to see how behave price on support on area 1.

3.CADJPY

Wait to see if the price come to ressistance on area 1, and how react on this area.

4. EURCHF

In area 1 we already have ressistance (approved last week), and wait how to price react to possible support in area 2. Possible small range between area 1 and area 2 or breakout through area 1 or area 2.

5. NZDCAD

Wait to see if support in area 1 can stoped bearish movement.

6. NZDUSD

Monitoring range trading between area 1 and area 2, and watch to find where to breakout will be.

7. AUDNZD

There is range trading between area 1 and area 2. Wait for good setup for range trade,

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.

If you are not experienced in trading (at least a few years), do not invest your money.

4 Trade Journal status

We paused last week because huge market volatility in last 10 days, caused by devaluation of yuan by China and slowdown of China economy.

There are on same pairs spikes of couple hundreds pips in one day.The best strategy in period of huge volatility is stay out of market.

We will resume trading on this account in Monday 31th August.

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.

If you are not experienced in trading (at least a few years), do not invest your money.

3 Trade journal status 20.08.2015

3 Trade journal current status is 4995,36 USD. 

After 21th trading order we are almost on the begining. We will freeze this account and will go to the 4th Trade Journal with different strategy and higher reward risk ratio.

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.

If you are not experienced in trading (at least a few years), do not invest your money.

3 Trade journal status 20.08.2015

3TJ-21PO (Third trading journal -21th pending order) exited with stoploss

Pair: GBPUSD

Pending order: sell limit
Lot:0.1

Entry:1.56600

SL: 1.57200

TP: 1.55600

Reward/Risk:1,67

Setup: 2BR (2 Bar reversal)

Result: 

Entry:1.56603

Exit: 1.57200

Pips: -59,7 pips

Profit: -59,70
Commision fee (Charges): -0,56
Swap: -1,55
Real profit: -61,81 USD

3TJ-20PO (Third trading journal -20th pending order) exited with stoploss

Pair: NZDCAD

Pending order: sell limit
Lot:0.1

Entry:0.86800

SL: 0.87400

TP: 0.85850

Reward/Risk:1,58

Setup: 3BR (3 Bar reversal)

Result: 

Exit: 0.87401

Pips: -60,1

Profit: -45,97
Commision fee (Charges): -0,24
Swap: -0,71
Real profit: -46,92 USD

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.

If you are not experienced in trading (at least a few years), do not invest your money.

4 Trade Journal opened

We open new fourth trade journal.

In this trade journal we will trade on daily chart, but different than in 3 Trade journal that we will trade with higher risk to reward ratio and according that we use different setups.

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.

If you are not experienced in trading (at least a few years), do not invest your money.

3 Trade Journal 18.08.2015 status

3TJ-21PO (Third trading journal -21th pending order) activated

Pair: GBPUSD

Pending order: sell limit
Lot:0.1

Entry:1.56600

SL: 1.57200

TP: 1.55600

Reward/Risk:1,67

Setup: 2BR (2 Bar reversal)

In area 1 we have 2 Bar reversal. That is our base for trade. We have tried again with same entry, stoploss and take profit.

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.

If you are not experienced in trading (at least a few years), do not invest your money.

3TJ status 17.08.2015

3TJ-19PO (Third trading journal -19th pending order) exited with profit

Pair: GBPUSD

Pending order: sell limit
Lot:0.1

Entry:1.56600

SL: 1.57200

TP: 1.55600

Reward/Risk:1,67

Setup: PB (PinBar)

Result: 

Entry:1.56600

Exit: 1.55933

Pips: 66.7 pips

Profit: 66.70
Commision fee (Charges): -0,56
Swap: -0,31
Real profit: 65.83 USD

We exited before tp. It's better with 65 percent profit than to risk to end with sl.

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.

If you are not experienced in trading (at least a few years), do not invest your money.

3 Trade Journal 14082015 status update

3TJ-19PO (Third trading journal -19th pending order) activated

Pair: GBPUSD

Pending order: sell limit
Lot:0.1

Entry:1.56600

SL: 1.57200

TP: 1.55600

Reward/Risk:1,67

Setup: PB (PinBar)

Order on pair GBPUSD was activated on price 1.56600.

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.

If you are not experienced in trading (at least a few years), do not invest your money.

19th and 20th pending order - 12.08.2015

3TJ-19PO (Third trading journal -19th pending order) 

Pair: GBPUSD

Pending order: sell limit
Lot:0.1

Entry:1.56600

SL: 1.57200

TP: 1.55600

Reward/Risk:1,67

Setup: PB (PinBar)

In area 1 we have 2 bar reversal. In area 2 we have pinbar and finally in area 3 we have 2 bar reversal. 

Third area is our base for trade.

3TJ-20PO (Third trading journal -20th pending order) 

Pair: NZDCAD

Pending order: sell limit
Lot:0.1

Entry:0.86800

SL: 0.87400

TP: 0.85850

Reward/Risk:1,58

Setup: 3BR (3 Bar reversal)

In area 1 we have pinbar, and in second area another pinbar and finally in area 3 we have 3 bar reversal.

Area 3 is our base for trade.

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.

If you are not experienced in trading (at least a few years), do not invest your money.

Never give up (12.08.2015) 3TJ status

“I am not discouraged because every wrong attempt discarded is a step forward.”– Thomas Edison

Current balance: 5038,26 USD

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.

If you are not experienced in trading (at least a few years), do not invest your money.

3TJ 11.08.2015 status (Black Tuesday)

Today is black Tuesday :) . Strong Bullish EURO and We had three loss trades in row.

3TJ-16PO (Third trading journal -16th pending order) exited with stoploss

Pair: EURJPY

Pending order: sell limit
Lot:0.1

Entry:137.30

SL: 137.90

TP: 136.30

Reward/Risk:1,67

Setup: 2PB (2 Pinbar)

Result: 

Entry:137.314

Exit: 137.900

Pips: -58,6 pips

Profit: -46,93
Commision fee (Charges): -0,40
Swap: -0,44
Real profit: -47,77 USD

3TJ-17PO (Third trading journal -17th pending order) activated and exited with stoploss

Pair: EURCAD

Pending order: sell limit
Lot:0.1

Entry:1.44500

SL: 1.45150

TP: 1.43350

Reward/Risk:1,77

Setup: 2BR (2 Bar reversal)

Result: 

Entry: 1.44504

Exit: 1.45155

Pips: -65,1

Profit: -49,56
Commision fee (Charges): -0,40
Swap: 0
Real profit: -49,96 USD

3TJ-18PO (Third trading journal -18th pending order) activated and exited with stoploss

Pair: EURNZD

Pending order: sell limit
Lot:0.1

Entry:1.67950

SL: 1.68550

TP: 1.66850

Reward/Risk:1,83

Setup: PB (Pinbar)

Result: 

Exit: 1.68551

Pips: -60,1

Profit: -39,40
Commision fee (Charges): -0,40
Swap: 0
Real profit: -39,80 USD

In area 1 we have 2 bar reversal, and in area 2 is pinbar. Pinbar was our base for trade.

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.

If you are not experienced in trading (at least a few years), do not invest your money.

3 Trade journal status 10.08.2015

3TJ-15PO (Third trading journal -15th pending order) activated and exited with profit

Pair: EURCAD

Pending order: sell limit
Lot:0.1

Entry:1.44500

SL: 1.45150

TP: 1.43350

Reward/Risk:1,77

Setup: 2BR (2 Bar reversal)

Result: 

Exit: 1.43800

Pips: + 70 pips

Profit: 53,20
Commision fee (Charges): -0,39
Swap: 0
Real profit: +52,81 USD

3TJ-14PO (Third trading journal -14th pending order) exited with profit

Pair: NZDCAD

Pending order: sell limit
Lot:0.1

Entry:0.86800

SL: 0.87400

TP: 0.85850

Reward/Risk:1,58

Setup: 3PB (3 Pinbar)

Result: 

Exit: 0.86294

Pips: + 50,6 pips

Profit: 38,53
Commision fee (Charges): -0,24
Swap: -0,71
Real profit: +37,58 USD

3TJ-16PO (Third trading journal -16th pending order) 

Pair: EURJPY

Pending order: sell limit
Lot:0.1

Entry:137.30

SL: 137.90

TP: 136.30

Reward/Risk:1,67

Setup: 2PB (2 Pinbar)

In area 1 we can see pinbar, and in area 2 we can see another pinbar. Second pinbar is our base for pending order.

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.

If you are not experienced in trading (at least a few years), do not invest your money.

3 Trade journal status 08.08.2015 (status after USD news-unemployment rate and non farm payrolls)

3TJ-14PO (Third trading journal -14th pending order) 

Pair: NZDCAD

Pending order: sell limit
Lot:0.1

Entry:0.86800

SL: 0.87400

TP: 0.85850

Reward/Risk:1,58

Setup: 3PB (3 Pinbar)

We have tried we this order again. 

In area 1,2,3 and 4 we have pinbars. Setup is 3 pinbars (al least 3 PB in same area).

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.

If you are not experienced in trading (at least a few years), do not invest your money.

3 Trade Journal update before USD news ( Non farm payrolls and Unemployment rate)

Pairs before and after announcement of Unemployment  rate and Non farm payrolls can be very volatile.
We don't risk and will close all open and pending order. Now we don't have open order and close only pending order.

3TJ-12PO (Third trading journal -12th pending order) deleted

Pair: GBPUSD

Pending order: sell limit
Lot:0.1

Entry:1.56700

SL: 1.57300

TP: 1.55750

Reward/Risk:1,58

Setup: PB (PinBar)

3TJ-10PO (Third trading journal -10th pending order) deleted

Pair: EURCAD

Pending order: sell limit
Lot:0.1

Entry:1.44550

SL: 1.45250

TP: 1.43350

Reward/Risk:1,71

Setup: 2BR (2 Bar reversal)

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.

If you are not experienced in trading (at least a few years), do not invest your money.

3TJ status update after USD news

3TJ-11PO (Third trading journal -11th pending order) exited with profit

Pair: NZDCAD

Pending order: sell limit
Lot:0.1

Entry:0.86800

SL: 0.87400

TP: 0.85850

Reward/Risk:1,58

Setup: 3PB (3 Pinbar)

This trade ended in two parts because trade opened with one trade with 0.09 lot, and one trade with lot 0.01 (I think that was problem with liquidity in that moment).

Result: 

Lot:0.09

Exit: 0.86206

Pips: + 59,4

Profit: 40,50
Commision fee (Charges): -0,21
Swap: -0,63
Real profit: +39,66 USD

Lot:0.01

Exit: 0.86203

Pips: + 59,7

Profit: 4,53
Commision fee (Charges): -0,02
Swap: -0,07
Real profit: +4,44 USD

3TJ-13PO (Third trading journal -13th pending order) activated and exited with stoploss

Pair: USDJPY

Pending order: sell limit
Lot:0.1

Entry:124.40

SL: 124.90

TP: 123.60

Reward/Risk:1,6

Setup: 2BR (2 Bar reversal)

Result: 

Lot:0.1

Exit: 124.902

Pips: - 50,2

Profit: -40,19
Commision fee (Charges): -0,36
Swap: -0,08
Real profit: -40,63 USD

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.

If you are not experienced in trading (at least a few years), do not invest your money.

3TJ Status 04.08.2015

3TJ-11PO (Third trading journal -11th pending order) activated

Pair: NZDCAD

Pending order: sell limit
Lot:0.1

Entry:0.86800

SL: 0.87400

TP: 0.85850

Reward/Risk:1,58

Setup: 3PB (3 Pinbar)

In area 1, area 2 and area 3 we have pinbars. There is resistance area whic we use for sell entry and sell stoploss.

3TJ-12PO (Third trading journal -12th pending order) 

Pair: GBPUSD

Pending order: sell limit
Lot:0.1

Entry:1.56700

SL: 1.57300

TP: 1.55750

Reward/Risk:1,58

Setup: PB (PinBar)

In area 1 we have pinbar and this is are base for trade.

3TJ-13PO (Third trading journal -13th pending order) 

Pair: USDJPY

Pending order: sell limit
Lot:0.1

Entry:124.40

SL: 124.90

TP: 123.60

Reward/Risk:1,6

Setup: 2BR (2 Bar reversal)

In area 1 we can see 2 Bar reversal which was base for our previous trade on USDJPY. In area 2 we can see pinbar which is base for this trade.

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.

If you are not experienced in trading (at least a few years), do not invest your money.