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  #1 (permalink)  
Old 08-04-2008, 10:36 PM
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Olby's Journal

This is my journal.

Pips in, pips out.

Hope it's a useful addition to the site.

Let's find out.


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Old 08-04-2008, 11:24 PM
Maverick731 Maverick731 is offline
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Goodluck, mind telling us strategy and such?
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Old 08-05-2008, 08:15 AM
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Hi Maverick, thanks.

I'm basically trading the method that Nick uses. Trades based on S&R, 4 hour timeframe, manual entry/exit. Weekly target of 60 pips.

I eye a few more pairs and have another method based on daily candles that I'm trialing out. I'll point those out as I go.
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Old 08-05-2008, 08:29 AM
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First journal entry is for positive pips. Nice.


Short scalp 211.59 +36 pips.


I lowered my target on this trade, just slightly to 45 pips off the line. G/J has been such a basket case recently, I wanted to play safe. In hindsight it was a little too early but that's better than being a lot too late.
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Old 08-05-2008, 08:36 AM
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Metalhawk Metalhawk is offline
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Quote:
Originally Posted by Olby View Post
First journal entry is for positive pips. Nice.


Short scalp 211.59 +36 pips.


I lowered my target on this trade, just slightly to 45 pips off the line. G/J has been such a basket case recently, I wanted to play safe. In hindsight it was a little too early but that's better than being a lot too late.
I don't think that was too early. Considering the erratic behavior of GBP/JPY lately, I believe lowering your target was actually a good idea.
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Old 08-05-2008, 08:46 AM
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Cheers Hawk.

On to the next one.
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Old 08-05-2008, 06:29 PM
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Hey Olby, nice one starting your journal.

I really need to get on top of mine.

Good luck mate
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Old 08-05-2008, 07:28 PM
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Hey Olby, nice one starting your journal.

I really need to get on top of mine.

Good luck mate
Cheers Rogan,

I've started the journal mainly because I noticed you were out there letting the side down. Someone had to do something.

It'll be a thing.

Definitely.
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Old 08-12-2008, 09:03 PM
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Break down from 207.98

Closed out for +37pips

Not too bad. It was a good line. At another time of day I would have targeted more.

But, I think I'm happy.

Which is nice.
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Old 08-13-2008, 11:14 AM
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Break of 2.0500 GBP/CHF

Closed out +28 pips.

I'm annoyed that I cut this one 10 pips before my target. Target was hit minutes later.

I bawk bawked as Fetor might say.

Reason being that we were 200 pips from the pre-news price and it had stalled just South of the line.

Still. On target for the week.
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