Topher's Journal

[immy]

A good week this week, well actualy a good overnight trading H1 (the last 4 trades shown below are all from this morning). This week I have taken 9 trades for +139pips (+7.95%).

Usd-Jpy M1 +10 (+1%)
Gbp-Usd M5 +10 (+1%)
Nzd-Usd H1 +15 (+0.75%)
Aus-Usd H1 +4 (+0.2%)
Eur-Jpy H1 +10 (+0.5%)
Eur-Usd H1 +30 (+1.5%)
Usd-Chf H1 +20 (+1%)
Nzd-Usd H1 +20 (+1%)
Usd-Cad H1 +20 (+1%)

I am not taking any more trades today as I don't want to go into the weekend with a loss. I am more than happy with 7.95% for the week.

I am another year older on Monday so my wife is taking me off in the morning to Scotland for an extended weekend. I will be back trading on Wednesday. I hope you all have a great weekend.

Richard

You are proving me right! Richard Well Done! Enjoy the Extended Weekend and I wish you a very happy birthday to come. May the new year be the best of your life. cheers

[Ladytrader]

Great work Richard you are an inspiration for the 1 hour time frame and also trading around building a house! Well done, I hope I can emulate your success

[Topher]

A short trading week for me as I had an extended weekend holiday. So three days trading which yielded 4 trades and +80pips (+4%).

My trades consisted of:
USD-CHF M5 0
USD-JPY H1 +50 +2.5%
NZD-USD H1 +50 +2.5%
USD-CHF H1 -20 -1%

Another short week for me next week as I am away on another short trip mid week.

Hope you all have a great weekend.

Richard

[Leviathan]

Nice work, both the trading and the journal

Question on your exits. What's your criteria?

[Topher]

Nice work, both the trading and the journal

Question on your exits. What's your criteria?

Exits are variable for each trade. I look for support resistance levels and place my TP just above/below that level. If these levels are a long way from my PO and I know I will be away and can't manage the trade (most of last week’s trades) I simply set a fixed TP and let the trade do its own thing.

I have been trading for many years and have always used support and resistance to good effect. My fixed TP exit method may be a little unorthodox, but it is working for me and at the end of the day the objective is to bag those pips and see the account grow. Maybe I can bag more if I use a different trade management system, who knows? At present this is definitely stress free trading and my account is growing, for me that is plan accomplished.

Richard

[Topher]

Another short trading week for me. Only a few hours at the screen which yielded 3 trades and -17pips (-0.85%).

My trades consisted of:
GBP-USD M1 0
USD-JPY M5 0
EUR-USD M15 -17 -0.85%

I shouldn't really have traded this week as I didn't have the time to devote to it and was rushing about. that's lesson learnt and see what next week brings although I don't expect much as I am going away for a few days.

Hope you all have a great weekend.

Richard

[Topher]

Hi Richard,

Was wondering where you got your excel journals from. ? As i would like to purchase some.

Cheers for now Dennis

Dennis

Apologies for the delay in sorting this out. I have had a very busy few weeks.

just fill in the data on the month tabs and leave the summary tab alone. I have left my trades in so you can see how I have filled it in. It won't suit everyones needs/requirements but if you can make use of it then that is great.

Richard

[Den]

Hi Richard,

Was wondering where you got your excel journals from. ? As i would like to purchase some.

Cheers for now Dennis

Dennis

Apologies for the delay in sorting this out. I have had a very busy few weeks.

just fill in the data on the month tabs and leave the summary tab alone. I have left my trades in so you can see how I have filled it in. It won't suit everyones needs/requirements but if you can make use of it then that is great.

Richard

Hi Richard,

I am really grateful of you helping me and posting your excel sheet.

I was the 8th person to download it and I am very disappointed that the other 7 downloaders did not have the courtesy to thank you. Well .....that Karma could be reflected in their lack of pips. )

Yes most of us freely share on this forum to help each other but I suppose you will always get some who take advantage.

Again Richard warmest thanks to you, Dennis

[Topher]

Another very quiet trading month for me as my work is starting to get very demanding as 3 years of design work is coming to a head (I work in car production design). My total trades for May has been 25 which resulted in +267pips (+15.01%).

When I started trading Aims back in January I said to myself that I would give it until the end of May to give the system a proper evaluation. During this time I have traded from M1 to H4 all with great success. My conclusion is very simple. Aims is an excellent system and is the only one I use (I trade it as Immy describes in the manual with no additions) and intend to use it solely as I move forward. I am not going to focus on M1 or H1 etc. I will scan across all timeframes and take the setups as they occur. I am in the process of scaling back the pairs that I trade to make this more manageable.

In the 5 months that I have been trading Aims I have taken 113trades to give me +1908pips (+97.31%). These trades were taken during 334.83 hours of trading which equates to just over eight weeks of trading (assuming a 40 hour week). When I work out the hourly rate it is quite staggering and way above anything I could have imagined.

Initially I traded on demo but very quickly went live using small position sizes. After only a couple of weeks I upped the stake quite significantly as I found this sharpened my focus. After 5 months I am now at a stage where I am making very good money from Aims on a consistent basis and am at a position if I wanted to could live purely on the money I make from trading Aims (even enough to keep my wife in shoes and handbags and have enough left over to pay all the bills). I feel I am fortunate that I have a job that I love very much and have no intention of leaving it just yet, it is a great feeling knowing that I am going to work because I want too and not because I have to.

I just want to thank Immy and everyone on the forum for a fantastic system and the great support. My contribution on here has been limited recently due to my work commitments I will make an effort to at least post some of my trades in the Journal.


Richard

[Grant]

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Grant