kelliPA trade journal

Discussion in 'Trading Journals' started by kelliPA, Oct 13, 2014.

  1. kelliPA

    kelliPA It doesn't get any easier, you just get stronger..

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    A couple of days ago, I noticed that these two pairs (EURAUD) and (GBPAUD) were doing the same thing as my AUDUSD - but in reverse. I didn't take these trades because I was already in the AUDUSD which I felt was an aggressive trade, plus these two pairs are correlated. So, if I was wrong about the price action, I didn't want to be wrong three times! Anyway, it's just cool to see how those played out...

    EURAUD
    [expired image link removed]

    GBPAUD
    [expired image link removed]
     
  2. kelliPA

    kelliPA It doesn't get any easier, you just get stronger..

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    Well, my AUDUSD trade hasn't come up to test resistance like I had hoped, I was planning to put in another sell order at this line. Not really sure what it is doing at this point, waiting to see if it drops further. But as I had mentioned before, I moved the stoploss down, so it's a zero risk trade at this point (and currently at about 9X risk/reward)...should I just get out? I don't know, I think it's just getting started...

    [expired image link removed]

    Meanwhile, I saw this bullish inside day setup on the CADCHF chart, so I went long on this pair. Hoping to get a 3X risk reward on this one.

    [expired image link removed]
     
  3. kelliPA

    kelliPA It doesn't get any easier, you just get stronger..

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    just an update on my trades, AUDUSD did retrace and drop a bearish rejection candle at the resistance level, so I did open another sell order. the stop loss was moved past break even for my first trade, so i am still only carrying risk on one. here's that chart currently:

    [expired image link removed]

    this is my other trade, CADCHF, it's not really moving like I expected, so I thought about closing it out. however, i did trade with the trend, and it is positive at the moment, so i think i will just be patient and wait a bit. maybe make my stop a little tighter.

    [expired image link removed]
     
  4. kelliPA

    kelliPA It doesn't get any easier, you just get stronger..

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    AUDUSD...you're killin me. Woke up to find my second trade had stopped out. Luckily my first trade's stop was trailing a little further behind, I closed out that one for a small profit as AU is looking pretty bullish atm.

    CADCHF is still going slowly.
     
  5. kelliPA

    kelliPA It doesn't get any easier, you just get stronger..

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    Well, this was a frustrating week. A wash as far as trades go. If I would have stuck to my usual goal of 3X risk, I would have had at least 2 winning trades. Oh well, at least I didn't lose money. Live and learn :)
     
  6. kelliPA

    kelliPA It doesn't get any easier, you just get stronger..

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    well that's a little embarrassing, i had to take some time off to focus on work and school and I come back to find that all my charts have expired! can someone please tell me what I should be doing instead? i am not all that experienced with computer programs i guess.
     
  7. sqa

    sqa Village Scribe

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    Find a different image host?
     
  8. jack

    jack Administrator Staff Member

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    Upload it here as an attachment, or use imgur and embed it with tags.

    Either works. :)
     
  9. jack

    jack Administrator Staff Member

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    I removed all the expired image links.. since they looked ugly. :p

    imgur.com is an awesome host.. free and won't expire on you.

    Alternatively, use the upload attachment feature to host the image directly on the forum, that way it won't go anywhere. :)
     
  10. kelliPA

    kelliPA It doesn't get any easier, you just get stronger..

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    Whoa! Long time no see...I just went through a divorce. Sorry for the personal info, but I felt like some explanation is warranted. Anyway, I'm excited to be back :) Now, what to trade? I am super rusty....so feeling a little trepidation atm. But I'm going to jump in short on GU. Sell price 1.54603, s/l at 1.55530 and t/p at 1.51030.
     

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  11. kelliPA

    kelliPA It doesn't get any easier, you just get stronger..

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    Well it is taking a few days, but today's candle does look promising...hoping this trade crashes down to my take profit soon.
     

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  12. kelliPA

    kelliPA It doesn't get any easier, you just get stronger..

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    Almost half way there...must have patience (blue line where price is now) ;D
     

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  13. kelliPA

    kelliPA It doesn't get any easier, you just get stronger..

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    Decided to sell on EURAUD
     

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  14. kelliPA

    kelliPA It doesn't get any easier, you just get stronger..

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    update, both making progress:
     

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  15. kelliPA

    kelliPA It doesn't get any easier, you just get stronger..

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    This EA trade closed out successfully, and a NU trade I had taken (see thread Price Action with CndlstckChic) did drop as I expected it would, but apparently I had tightened my stoploss and yet again got myself stopped out. This is what I was talking about on another thread with needing to have patience! Many more of my trades would pan out if I didn't alter them.
     

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  16. kelliPA

    kelliPA It doesn't get any easier, you just get stronger..

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    This trade is a screw up on my part. First of all, I was greedy and set my TP at more than my usual 3x risk...I do this too often and regret it, this is the last time I swear! So, you will see that price dropped down as expected, but I didn't close out of the trade since TP wasn't hit. Then it retraced up a bit, and feeling impatient with my trade running for so many days, I switched to the 4 hour view and tightened my stoploss and TP. See the arrow above the bearish candle, I had set my stoploss just above that and the X mark over the bullish candle shows wear I got stopped out. I currently have another short trade active on GU, hopefully this one goes better!
     

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  17. kelliPA

    kelliPA It doesn't get any easier, you just get stronger..

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    my last open trade closed out hitting my take profit. account up 2.3 % since my return to trading, i'll take that small victory :)
     

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  18. kelliPA

    kelliPA It doesn't get any easier, you just get stronger..

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    saw a signal on the 4 hour chart for GU followed by inside candle...going to short it:
     

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  19. kelliPA

    kelliPA It doesn't get any easier, you just get stronger..

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    just for fun, i calculated my win/loss rate since i started this live trading journal. i won 61% of trades. 100% of trades moved in the direction i predicted, all my losses were due to adjusting my stoplosses, except one trade (where price came down to within a hair of my take profit, and then rebounded back and hit my stoploss) <--if i would have stuck to my usual 3X risk for my profit target, i would have won this one, but i was being greedy. so, the clear message to myself here is, do not mess with my stoploss once i set it, in fact, just stick with my usual parameters and be patient. i would be a much richer girl by now if i could do this!
     
  20. kelliPA

    kelliPA It doesn't get any easier, you just get stronger..

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    that last GU trade got stopped out...
     

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