Paul's journal [Brand New Pip Machine]

[Paul]

24/4/2015 trades
2 rents -5 -17
3 wins +10 +2 +15
Result for the day +6
Should not have traded this day, my concentration was not there

[Paul]

Monday 27/4/2015 (broker time GMT +2 ) Trades

09:06 sell 11870 +6
09:12 sell 11863 -13 ( Rent )
10:07 sell 11920 +96
10:10 sell 11869 +72
Comments first trade ( +6 ) moved the sl by mistake FO open does look profitable need to pay more attention to it. Missed addon at 10:09

[Paul]

Tuesday 28/4/2015 trades

09:14 buy 12038 +30
09:18 buy 12046 +31
09:31 buy 12059 +18
comments Was in the zone ,feeling good and confident, but must be careful not to become over-confident !

[Paul]

Wednesday 29/4/2015 missed the FO and LO sessions, decided to look at the NYO just before the FOMC report

16:57 sell 115655 (closed 11628 ) +127
17:00 sell 11635 (closed 11623 ) +112

I did SAR the entry and was lucky not to pay rent MUST REMEMBER if trading NYO check for news especially high risk news normally I
Do not trade the NY session as I am usually asleep , so need to be aware of the risks involved . now must monitor the S/L as Per the rules Read the Rules again this weekend, and what should be my max SL should be that I am comfortable with.

[Paul]

Review for April 2015

pips won +964

Rents -52

Comments I have tried to be conservative in my trades but must admit to being reckless ( taking trades that I would have been hesitant about , 1 more month of demo and then back to live account, still need to concentrate on candle size and SL that I am comfortable with .All in all I am happy with my progress this past month. Still a lot to learn and am looking forward to the release of fruit 5.0 and Snorms new EA. lets see where the new month takes me

Reading what I wrote above my left brain was in charge or I am becoming senile, read the fruit pdf again and again and again the answers are there, follow the rules, no exception

Size of candle does not matter ! accept the risk or DO NOT take the trade . !!

[Paul]

4/5/2015 1 trade S1 ( classic )

09:27 buy (11514 ) +28

09:37 buy (11530 ) +11 ( addon )

trailed stop and out at 11542

DS 2/0

[Paul]

5/5/2015 trades for Tuesday

09:27 buy 11514 (close 11542 ) +28
09:37 buy 11530 (close 11542 ) +11
DS 2/0
15:18 SAR buy rent -23
15:23 sell 11613 +91
15:27 sell 11626 +79
DS 2/1
trading the NYO ( my time 7.30 pm )was good to me today will have to check the NYO more often

[Paul]

Trades for Wednesday 6/5/2015

09:16 sell 11374 (close 11341 ) +33
09:22 sell 11357 (close 11341 0 +17
total + 50

comments Meant to come back for the NYO but arrived late, and my meds were starting to slow me down, never mind there is tomorrow

[Paul]

Trades for Thursday 7/5/2015

10:44 sell ( 11330 ) ( close 11300 ) +30
10:50 sell ( 11314) ( close 11303) +11
10:54 ( 11300) ( close 11303) -3

15:18 sell (11395 ) (close 11423 ) -28 (rent )
15:37 sell (11406) (close 11376)+30
15:42 (11389) (close 11376) +12
15:46 (11380 ) (close 11376 ) +4

DS -1

comment the rent was larger than I usually allow especially as I allowed it to break the high of the candle a mistake but +56 for the day

[Paul]

Friday 8/5/2015 trades

10:22 rent -22

10:57 sell @ 11482 close 11425 +24
10:59 sell @ 11472 close 11458 +14
DS 0+0+0
Comment I claimed it as a classic break and Immy corrected me, it was an aggressive entry and not part of the rules, why did I take the trade ? Frustration ? possibly it was a difficult session for me to read , instead I definitely lacked PATIENCE and DISCIPLINE, thank you for correcting me Immy. another flaw of mine is trying to add other strategies before mastering the one I should be concentrating on. these flaws I need to work on !!!!
this weekend re-read the RULES!!!!!
Maybe I already see myself as master when in reality I am still the masters apprentice and a lowly one at that !!