Paul's journal [Brand New Pip Machine]

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Paul
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Re: Paul's journal [Brand New Pip Machine]

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Friday 5/6/2015 Trades (2 campaigns )

09.48 Sell 11254 close 11254 -20 (rent )
10.07 Sell 11223 close 11259 -36 (rent )
10.13 Sell 11258 close 11274 -16 (rent )

16.32 Sell 11240 close 11190 +60
16.36 Sell 11232 close 11187 +45
16.34 Sell 11222 close 11185 +37
DS 6/0
Comments The rents occurred because I was not tuned into the market (promised the grandkids a weekend at the beach so was pre- occupied with that. Rents were a bit larger than I usually take , After the NFP I took the trades as I saw them , closed trades at reverse fruit, but lessons learned too ! If you're mind is not 100% committed do not trade !!
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immy
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Re: Paul's journal [Brand New Pip Machine]

Unread post by immy »

Hi

I see nothing wrong with those rents. except that's how you trade every day. Avoiding risk is not the secret the secret is bigger wins!
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
Paul
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Re: Paul's journal [Brand New Pip Machine]

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8/6/2015 trades ( Campaigns 5-6-7 )

09.03 Sell 11202 close 11183 +19
09.17 Sell 11189 close 11183 +06
09.53 Sell 11183 close 11196 -13 ( rent )
09.57 Sell 11197 close 11205 -08 (rent)
10.24 Sell 11184 close 11144 +40
10.26 Sell 11184 close 11144 +40
10.34 Sell 11166 close 11143 +23 ( addon)
DS 6/1
Comment - Did not realise I Had taken 2 trades at the same level (mistake.)

trades NEO
15.29 Sell 11145 close 11125 +20
15.36 Sell 11138 close 11125 +13( addon)

comment- wanted to try fruit 4.0 so trade was taken on a whim ( DS -1 ) definitely NOT recommended, though there was regular divergence (thanks Immy and Steve for the updated fruit indi )
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Paul
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Re: Paul's journal [Brand New Pip Machine]

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9/6/2015 Trades campaigns 8-9-10

11.10 Sell 11035 close 11044 -11 (rent )
11.15 Sell 11022 close 10983 +39
11.16 Sell 11012 close 10983 +29

14.56 Sell 10978 close 10969 +0.09
15.01 Sell 10969 close 10969 -0.015
15.36 Sell 10998 close 10981 +17
15.39 Sell 10986 close 10981 +.05
16.12 Sell 10972 close 10937 +35
16.20 Sell 10962 close 10933 +29

Comments- Traded when I could , at the NEO had some time to myself so it turned into a good day, still have to work on fruit entries with FTM .
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Paul
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Re: Paul's journal [Brand New Pip Machine]

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10/6/2015 trades campaign 11

9.09 Sell 10982 close 10954 +28
9.37 Sell 10975 close 10961 +14
10.42 sell 11009 close 11033 -24 ( rent )
11.03 Sell 11004 close 10988 +16
DS 4/0

comments- Day started well then heavy storm/ rain lost internet so that was me for the day- there's always tomorrow :)
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Dave
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Re: Paul's journal [Brand New Pip Machine]

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Nice trading, Paul. Continually positive days!
You're limiting your losses and giving your winners a chance, and that (no matter what your system) is an integral part of success. I'm sure you know this, but your biggest loser in the last few days has been -36 pips, yet you have 7 winners > 36 pips. I'm sure in hindsight too you can look back at that 36 pip loser and see that it wasn't an ideal to place to go short!
Keep it up! :-bd
Now, I choose to make a profit in trading.
Paul
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Re: Paul's journal [Brand New Pip Machine]

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12/6/2015 trades

09.51 Sell 11277 close 11260 +17
10.00 Sell 11274 close 11284 -10 (rent )
10.08 buy 11293 close 11289 -0.04 ( rent )
10.10 Sell 11285 close 11253 +32
10.17 Sell 11281 close 11252 +29
15.37 buy 11232 close 11217 -15 ( rent )
15.49 Sell 11216 close 11171 +43
15.54 Sell 11211 close 11217 +40
15.55 Sell 11200 close 11177 +23

comments- traded when I took a break from cleaning up after the bad storm we had, and at NEO when rested and clean ,beginning to like NEO even if it's a bit late for me, still trying with FTM and at times it closes the trade just after I open it,The problem is more with me than FTM ...still have my deadly trigger finger.. ! never mind the rents are of no consequence and I like FTM ... All in all a :) day... now for a restful weekend ....!
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Paul
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Re: Paul's journal [Brand New Pip Machine]

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15/6/2015 trades

09.48 Sell 11035 close 11052 -17 (rent )
10.00 Sell 11031 close 11055 -24 (rent )
10.04 Sell 11031 close 11058 -27 (rent )
10.09 Sell 11019 close 11058 -39 (rent )

comments- Stopped trading after hitting my 5% limit, and fear of revenge trading which I have been guilty of before- never mind tomorrow is another day...! :)
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Paul
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Re: Paul's journal [Brand New Pip Machine]

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17/6/2015 (Wed ) trades

10.12 Sell 11104 close 11033 +71 ( fruit initial SL 14 pips )
10.17 Sell 11086 close 11034 +54 ( addon )

comments-closed trade early due to medical appointment. No trades Tuesday wifi outage all day (frustrating ), hope they get it fixed soon...!!!!
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zlabis
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Re: Paul's journal [Brand New Pip Machine]

Unread post by zlabis »

Wow, Paul,
catching and handling this trade was simply fantastic. ^:)^
"Want what the market wants", Bill M. Williams in "Trading Chaos - Second edition"
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