PaulF's Journal

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PaulF
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Re: BobbyF's Journal

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Tuesday 10th Jan - first trade, +2.7 (having missed the first big move down - I placed the order then cancelled it for some reason...!).
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PaulF
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Re: BobbyF's Journal

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Second of the day, stopped out at -7.5:
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PaulF
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Re: BobbyF's Journal

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Trade 3: another loser, -2.6:
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PaulF
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Re: BobbyF's Journal

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Wed 11th Jan. First one of the day (late start due to a cold...), out for +4.4 just ahead of 9.30 news:
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PaulF
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Re: BobbyF's Journal

Unread post by PaulF »

2nd trade, out for -5. I missed the obvious move down as I couldn't see an entry. Then got tempted into a continuation when the AO hadn't had a fresh cross, so it serves me right.
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PaulF
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Re: BobbyF's Journal

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Trade 3, + 45.7 (!). I took profits at the BRN as I needed to go out anyway.
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immy
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Re: BobbyF's Journal

Unread post by immy »

Bloody Good ! All I can say is Good Good Good Rinse and Repeat!
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! 🍌
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PaulF
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Re: BobbyF's Journal

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Thank you for your support Immy!!

Trade 4, + 11.4.
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brendab
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Re: BobbyF's Journal

Unread post by brendab »

Hi Bobby,

What is the BRN?

Thanks!
Brenda
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Brenda
"There's no reason to have a Plan B because it distracts from Plan A." -Will Smith
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PaulF
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Re: BobbyF's Journal

Unread post by PaulF »

brendab wrote:Hi Bobby,

What is the BRN?

Thanks!
Brenda
Hi Brenda,

People say "BRN" for "Big Round Number". Price action often stalls at round numbers (here 1.2700) because humans tend to set targets and orders at them.

So Brenda, is that really your picture? Have you been here long? ;)

BobbyF
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