Topher's Journal

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Grant
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Joined: 14 Aug 2011, 14:52
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Re: Topher's Journal

Unread post by Grant »

Hi Richard,

nice trading... P & D paid off...

Grant
success = patience + discipline - greed
Topher
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Re: Topher's Journal

Unread post by Topher »

Second trade of the day and it was a flyer.
I put my PO 3 pips above the 15 & 60min level as the price had bounced around this area previously.
I trailed the candles by 3 pips until I was stopped out for +31pips.

Richard
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The forex market will pay you well for discipline.
msk185
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Re: Topher's Journal

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Great trading Richard
Topher
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Re: Topher's Journal

Unread post by Topher »

No trades for me today.
6:45am - 8:00am screen time.

Richard
The forex market will pay you well for discipline.
Topher
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Re: Topher's Journal

Unread post by Topher »

I have sat patiently since 8am and have just taken my first trade for a rent payment of 9pips.
5min and 60min Aims were close together so I entered 3 pips below the 60min low, unfortunately it was not to be this time (in hindsight the alligator wasn't fully asleep).

Richard
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The forex market will pay you well for discipline.
msk185
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Re: Topher's Journal

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Hi Richard

I looked at this setup but declined as I had a day low support level at 13140 which i felt would act as support at first attempt to break and therefore didn't give the trade enough scope for a worthwhile risk.

Trying to learn from you about taking the best setups

Cheers

Mike
Topher
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Re: Topher's Journal

Unread post by Topher »

Thanks Mike

I believe a bit of frustration crept in today as I have taken the day off work to soley to trade Aims and there is very little happening.
Sitting on my hands now waiting for the next good setup.

Richard
The forex market will pay you well for discipline.
msk185
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Re: Topher's Journal

Unread post by msk185 »

yep, not the best day, I've not traded at all today, though in part as the internet went down here, but also as I'm trying to stick to the rules and trade with much greater patience and discipline than I have been.

Cheers

Mike
Topher
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Re: Topher's Journal

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7:30am - 9:30am screen time. No setups, so no trades for me today

Good luck with the rest of the day.

Richard
The forex market will pay you well for discipline.
Topher
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Re: Topher's Journal

Unread post by Topher »

6:40am - 11:0am screen time.
No setups I was 100% happy with, so no trades for me today.

Richard
The forex market will pay you well for discipline.
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