CHFJPY - trade closed

I forgot to mention my CHFJPY short trade... The SL got hit. I will enter again as soon as it turns in its direction down.

GU low from last week...

brokers sometimes have different prices... here you go guys, there is my chart. the arrow is pointing on the 1300 bar...

June 27th Statement

Here are the numbers for last week... GU 4 wins, 3 losses. UJ 4 wins, but two were only small ones, as mentioned in previous post. I prefer small win to any loss:) We will see if it was a good move or not...

...and my account statement...

G8 meeting

Because there is a G8 (G20) meeting on the weekend, I just closed all my 1 minute daily open trades (two UJ trades, both positive +6 and +1 pip). We cannot predict what can happen and because this week was quite successful, I didn't want to ruin it with some wild moves... Better plus 1 then minus 10%:)
CHFJPY trade still open...

CHFJPY - position trade

I just went short with this pair. According to RB's position trading class it is a bit early and it might turn on me, but  I like the place and the candle. It jumped nicely of the long time resistance and went quite strongly (big red candle today) its long time direction, which is down:) Stoch is also overbought... I risk again a little bit less than 5% of my account and the sky is the limit for this pair:) I should rather say hell is the limit (it is going down, right?)...

Two swing trades - update II

EJ closed. First half +108 pips, second half +214 pips... UJ first half closed with +32 pips, second half still open (recently 18 pips away from my TP, at around +75 pips).

Two swing trades - update

half of my positions sold with profit, UJ +32, EJ +108. On the rest I put my SL to BE+1 so this is a free trade now:) There is more space to go IMHO for both of them...

Two swing trades

I just took two shorts, EJ and UJ. Both pairs are at a upper trendline that is quite significant... Also both are ovebought as per Stoch oscillator. Risk : reward ratio is great in these trades, I am risking a little bit less than 5% of my account.

June 21st statement

After almost 5 months of trading we are probably facing the worst period of time... This week was no good again. Thanks to my moving of SL after a close move to TP, I had one small win when it could have been a regular win. On the other side thanks to that some of my losses were smaller than it would be. Last week GU was perfect, this week we had 3 losses in two days... Hopefully we will recover soon:)
From now on I removed EJ from my trading in 1 minute daily. Here is my statement...

GBPUSD position trade - update

My SL got hit yesterday or so that means a loss... There are some new trades setting up...

A little bit of psychology:)

Every trader and me of course as well gets frustrated after a period of bad trades... Always we start thinking that the system doesn't work anymore, that we have a bad luck, that the markets hate us:) and so on...
But these times are what separate LONG time losers from LONG time winners. If you believe in your system, stick to it and just trade it. Look for improvements but don't "overtune" it. I looked at the historical results of 1 minute daily system and found out, that there is one period of time when the drawdown (risking only 5%, not 10% like I do, trading only GU and UJ like me) took almost 2 months to recover! I am 1 month away from such "bad times"! I have 1 more month to have as bad times as there were... Which means, I am actually doing great:) So if any of you guys reading this trade 1 minute as well and feel that we won't get there...forget it! We will...:) Here is a funny commercial video to cheer us up:)

http://www.youtube.com/watch?v=CmSCh5ZkMqk

June 12th statement

This week looked very good at the beginning... At the end the Japan pairs ruined the results though. GU worked perfectly. Here are this week trades

And statement of my account of course...

GBPUSD - position trade update

This trade is still open... SL almost hit, but almost:) Now looking better...

New position trade - GBPUSD

This is my new position trade opened as per Position trading rules taught by RB at Forex SST. My risk is 5% on this trade...

Statement June 5th - up from the abyss:)

This week was totaly different from the last weeks, finally... GU 4x1, EJ 3x1, UJ 2x2. That means 9 wins and 4 losses (one win was smaller though - see picture). I also made that EURCAD trade, so overall this week I had 10 wins and 4 losses. I hope it goes further like this:)

EURCAD trade - profit

My TP profit got hit last night, +374 pips with 2 microlots (what a shame my account was so low by the time I took this trade)... If the price gets through the resistance which is in its way right now and retests it from bellow, I might get back in and ride it down...:)

1 minute daily

This week looks better, guys:) I hope everybody who uses this system is trading... But no trades tomorrow, remember! Unemployment comes out and as per manual we should stay out...

EURCAD trade - update III

Up 310 pips, moved my SL to BE+ something, put my TP to 1.2655, because near there we are getting into some serious resistance from past...

EURCAD trade - update II

Because the trade is running nicely, I am moving my SL again... The risk is now less than 2%