Tuesday, June 30, 2009

Trade on Eur/Usd

Sell Eur/Usd @ 1.4122

SL @ 1.4139

Trade on Aud/Usd

Sell Aud/Usd @ 0.8081

SL @ 0.8120

will hold this trade for mid to long term so will adjust SL accordingly.

Update : Hit SL @ 0.8120 with -40pips.

June result : 331 - 40 = 291pips

Trade on Eur/Jpy

Sell Eur/Jpy @ 134.95

SL @ 135.17
TP @ 134.33

Update : Hit SL @ 135.17 with -22pips.

June Result : 353 - 22 = 331pips

Update on trades

Closed Usd/Cad @ 1.1596 with 71pips profit.

Closed Usd/Jpy @ 95.86 with 56pips profit.

Aud/Usd hit SL @ 0.8089 with -45pips.

June Result : 271 + 71 + 56 - 45 = 353pips

Monday, June 29, 2009

Trade on Aud/Usd

Sell Aud/Usd @ 0.8044

SL @ 0.8089
TP @ 0.8000

Update on Nzd/Usd

Hit SL @ 0.6502 with -19pips

June Result : 290 - 19 = 271pips

Trade on Nzd/Usd

Sell Nzd/Usd @ 0.6483

Tight SL @ 0.6502
TP @ 0.6408

This is a great opportunity with RRR about 1 : 3.9.

Let's see. :)

Trade on Eur/Gbp

Buy Eur/Gbp @ 0.8486

SL @ 0.8451
TP @ 0.8545

Happy pipping. :)

Trade on Usd/Jpy

Buy Usd/Jpy @ 95.30

SL @ 94.90
TP @ 96.09

found a good opportunity in this yen pair.

Let's see. :)

Another new week

Good morning everyone, the market is open again on Monday morning.

Let's fight for another profit week.

Good luck and happy pipping. :)

Saturday, June 27, 2009

Update on Eur/Gbp

Closed @ 0.8509 with +35pips profit before end of this week.

June Result : 255 + 35 = 290pips

Done with the week and still has 1 long position floating in Usd/Cad. Will bring it over the weekend.

Enjoy the weekend. :)

Friday, June 26, 2009

Trade on Usd/Cad

Buy Usd/Cad @ 1.1525

SL @ 1.1443
TP @ 1.1648

Good luck. :)

Update on Aud/Usd

Hit SL @ 0.8078 with -38pips.

June Result : 293 - 38 = 255pips

Trade on Aud/Usd

Sell Aud/Usd @ 0.8040

SL @ 0.8078
TP @ 0.7983

Happy pipping. :)

Trade on Eur/Gbp

Sell Eur/Gbp @ 0.8544

SL @ 0.8580
TP @ 0.8490

Good Luck :)

Update on Eur/Usd and Usd/Chf

What a day. Finally got this 2 trades in profit. Decided to close it before end of US session and make it a day. And the most important is protect the profit as she almost hit my SL previously. Not able to hit my TP however still happy with the pips. :)

Eur/Usd : Closed @ 1.3986 with +39pips
Usd/Chf : Closed @ 1.0938 with +27pips

June Result : 227 + 39 + 27 = 293pips

Thursday, June 25, 2009

Trade on Usd/Chf

Sell Usd/Chf @ 1.0965

SL @ 1.1025
TP @ 1.0875

Good luck. :)

Trade on Eur/Usd

Buy Eur/Usd @ 1.3947

SL @ 1.3887
TP @ 1.4037

Happy pipping. :)

Update on Aud/Usd

Hit SL @ 0.7994 with +6pips profit.

June Result : 221 + 6 = 227pips

Trade on Aud/Usd

Sell Aud/usd @ 0.8000

SL @ 0.8057
TP @ 0.7914
RRR = 1 : 1.5

Happy pipping. :)

PS : already move SL to +8pips @ 0.7992

Wednesday, June 24, 2009

Update on Eur/Usd

Due to news, already move SL to +10pips when the price move down.

Hit SL @ 1.4043 with +12pips profit.

June Result : 209 + 12 = 221pips

Done for the day. :)

Trade on Eur/Usd

Sell Eur/Usd @ 1.4055

SL @ 1.4139
TP @ 1.3929

RRR = 1 : 1.5

Hope for the best. :)

Update on Nzd/Usd

Hit SL @ 0.6464 with -36pips

June Result : 10 - 100 + 99 - 36 + 75 + 197 - 36 = +209pips

About my Stop loss and Take profit

After few good and bad trades, overall still acceptable. :)

And after make some considerations, I decided to put the stop loss just at the highest point plus spread. While for the take profit, I will adjust it manually along the way.

However, I will still set a take profit target before the trade. The risk reward ratio will be 1 : 1.5. Will start this from the next trade onwards.

Happy pipping all. :)

Trade on Nzd/Usd

Sell Nzd/Usd @ 0.6428

SL @ 0.6464

Enter this trade with small lot as many important news coming out tonight. I decided to take on this trade purely on the advise of one of the good trader.

Let's see how it goes. :)

Update on Eur/Gbp and Eur/Chf

Eur/Gbp : Closed @ 0.8488 with + 75 pips profit
Eur/Chf : Closed @ 1.5228 with +197pips profit

June Result : 10 - 100 + 99 - 36 + 75 + 197 = +245pips

So far so good, hope can maintain until end of the month. :)

Trade on Eur/Chf

Buy Eur/Chf @ 1.5031

SL @ 1.5007

Let's see. :)

Update on Nzd/Usd

Hit SL @ 0.6416 with -36pips

June Result : 10 - 100 + 99 - 36 = -27pips

Trade on Nzd/Usd

Sell Nzd/Usd @ 0.6380

Tight SL @ 0.6416 with smaller lot.

Happy pipping. :)

Trade on Eur/Gbp

Sell @ 0.8563

SL @ 0.8663

Good oppurtunity here. Let's see :)

Adjust SL to 0.8600, the highest point.

Tuesday, June 23, 2009

Update on Usd/Chf

Closed @ 1.0762 with +99 profit.

June Result : 10 - 100 + 99 = 9pips

still not so bad. :)

Trade on Usd/Chf

Sell Usd/Chf @ 1.0861

SL @ 1.0961

From now on, will avoid those pair with yen since the volatility is high.

Have a nice day! :)

Update on Usd/Jpy

Hit SL @ 95.22 -100pips :(

June result : 10 - 100 = -90pips

Monday, June 22, 2009

Trade on Usd/Jpy

Found another good oppurtunity. Enter after 1 hour candle closed.

Buy Usd/Jpy @ 96.22

SL @ 95.22

Let's see. :)

Happy pipping. :)

Update on Eur/Usd

I went out to pay some bills and move my SL to +10pips to protect the profit.

Hit SL @ 1.3924

Result for June : +10pips

Trade on Eur/Usd

This is my first trade of this week.

Sell Eur/Usd @ 1.3934
SL @ 1.4034

Saturday, June 20, 2009

About my blog...

Hi everyone, I create this blog for the purpose of tracking my trading record. In my understanding, to become a successful trader, a trading journal is a must. So here is where I start my journey.

I'll post my trades here with 100pips of stop loss. However it will be without take profit. I'll only take profit manually depends on my chart or use trailing stop since I only have the idea of the trend and only my chart will let me know how far can the price goes.

I'll start posting my trade from next week onwards. Stay tune and let's see how thing goes.
Happy pipping all and enjoy your weekend. :)