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06-08-2008, 03:22 PM
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Trading for week 24 - June 9 - 13 2008
Trades I am looking at this week: Long Scalp @ 209.37 Long Scalp @ 208.10 Short Scalp @ 204.47 Short Scalp @ 203.97 Short S/R @ 203.33 Short Scalp @201.51 I have removed the scalp line at 202.61 from my chart - I'm just not too sure about it any longer. So because of the doubt, I won't trade it. I haver also re-opened my demo account, just until I get a micro account set-up. The demo account and then the micro account will be used to try out new things. I don't want to play around with my mini account yet due to it's small size. I have been playing around for a while now with fractals in addition to existing S/R - scalp lines and trend lines... Will update this journal if the results are good. Running total so far for week 24: Scalp trades : 0 PIPS Nick B S/R trades (4hr) : 0 PIPS
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"When I die, I want to die like my grandfather - peacefully, in his sleep. Not yelling and screaming like all the passengers in his car" (unknown author) 
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06-08-2008, 08:17 PM
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Good job. Thanks for post and info Rogan.
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I burn my candles from both ends.
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06-08-2008, 08:40 PM
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Quote:
The 202.60 line looks pukka to me and the 203.33 look dodgy? IMHO of copurse. Rich
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06-08-2008, 08:52 PM
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Quote:
I'm not sure about the 202.60 line - it reminds me of the 204.12 scalp 2 weeks ago - perhap's I'll re-eval at the time, dependant of news and time of day etc... The reason I have 203.33 back on my chart is that price moved away from it at least 600 pips 2 weeks ago... Again though, I will eval the line near the time... If everything lines up and we have some good momentum I'll prob take the trade. Plenty of lines before these two anyway, so I may not need to trade them - "hopefully" 
__________________
"When I die, I want to die like my grandfather - peacefully, in his sleep. Not yelling and screaming like all the passengers in his car" (unknown author)
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06-08-2008, 10:09 PM
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Quote:
I think Rogan's right: evaluating nearer the time seems like a wise option. I like the rest of your lines there R.
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Root for the underdog. No matter who they are.
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06-08-2008, 10:17 PM
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Quote:
__________________
"When I die, I want to die like my grandfather - peacefully, in his sleep. Not yelling and screaming like all the passengers in his car" (unknown author)
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06-09-2008, 07:07 PM
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Trading for week 24 - June 9 - 13 2008
I did not trade the scalp line 209.10 due to it being so close to news. Looks like it worked out for some people though. 09/6/2008 13:45 Long Scalp GBP/JPY 209.37 : +50 PIPS - Traded mini account 09/6/2008 15:25 Short EUR/USD 1.5681: +100 PIPS - Traded mini account 09/6/2008 18.23 Short EUR/USD 1.5642: +68 PIPS - Traded mini account 09/6/2006 EUR/JPY Long 166.16: +70 PIPS - Traded micro test account Running total so far for week 24: Micro test trades: + 70 PIPS Scalp trades : +218 PIPS Nick B S/R trades (4hr) : 0 PIPS
__________________
"When I die, I want to die like my grandfather - peacefully, in his sleep. Not yelling and screaming like all the passengers in his car" (unknown author)
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