- Search Forex Factory
- Rosscub replied Aug 21, 2008
8/20/08 Trade 1 — One trade was taken on a possible up trend initiation. Price move up, but then reversed to take me out at +1 profit Results: Today +1 Pips Week +92 Pips Month + 123 Pips
- Rosscub replied Aug 21, 2008
Trading Psychology — Isn't confidence a psychological issue ;-)
- Rosscub replied Aug 20, 2008
Ditto Mrgreen
- Rosscub replied Aug 19, 2008
8/19/08 Trade 6 — I added to my position on a breakout to the north side. I then trailed until stopped for a +71 pip profit. Today I took 6 trades with 4 losses and 2 winners. With trend trading, a good number of losses can be absorbed during ...
- Rosscub replied Aug 19, 2008
8/19/08 Trade 5 — I re-entered on the pullback and trailed the stop until exiting with a +94 pip profit.
- Rosscub replied Aug 19, 2008
8/19/08 Trade 4 — The fourth trade was a possible upward trend initiation but the pullback took my stop out for a -20 pip loss.
- Rosscub replied Aug 19, 2008
8/19/08 Trade 3 — Next I was looking at a possible reversal to the downside. I entered on a pullback to the downturn in price, but it double bottomed at the 1.4650 number and then stopped me out for a -17 pip loss.
- Rosscub replied Aug 19, 2008
8/19/08 Trade 2 — After being stopped out, I looked for a pullback entry, but price continued down until I was stopped for a -16 pip loss.
- Rosscub replied Aug 19, 2008
8/19/08 Trade 1 — I'm posting later than usual today, and my descriptions may be briefer as well. My first trade was looking for price to continue the upward movement that began in the Euro session, but it found resistance around 1.4700 and ...
- Rosscub replied Aug 18, 2008
Traker KGB, I couldn't log into their demo today either. Ikon said you have to re-install since they have a new server.
- Rosscub replied Aug 18, 2008
8/19/08 — The EUR/USD mostly moved sideways this morning, so no trades were taken.
- Rosscub replied Aug 15, 2008
Dealing with Loss — Hi Rusty105, As I'm sure you know, losses are unavoidable. Trust me, I know. If you don't believe me, look at my journal right now :-) As traders we have to realize that the potential for losses is almost limitless, at ...
- Rosscub replied Aug 15, 2008
1-3% is a realistic goal, especially in the beginning. If you achieve that goal, you will most like strive to obtain more. After that, you will probably go back to having a goal of 1-3% :-) The most important thing is not losing your capital, ...
- Rosscub replied Aug 15, 2008
8/15/08 Trade 3 — My last trade of the day was on the pullback of the downward movement. Price moved down to form a new low, and then double bottomed before reversing to take out my stop. I trailed my stop until exiting with a +8 pip profit. ...
- Rosscub replied Aug 15, 2008
8/15/08 Trade 2 — My second trade was on the initiation of a downward move for the New York session. Price broke through support and then reversed to take me out of the market at breakeven.
- Rosscub replied Aug 15, 2008
8/15/08 Trade 1 — Trading conditions are beginning to improve since price has broken the sideways channel moving downward, but in spite of that fact, I still suffered some loss today. My first trade was an attempt to catch the beginning of a ...
- Rosscub replied Aug 14, 2008
8/14/08 Trade 2 — I entered a 2nd position on the pullback, but it suffered the same fate as my first trade. The result was a -9 pip loss. My disciplined continues to be tested as I approach breakeven for the month, and my drawdown has ...
- Rosscub replied Aug 14, 2008
8/14/08 — The sideways channel is still holding today, and the losses continue to mount while waiting for price to breakout and trend again. My first trade was taken on a possible trend initiation, but price stalled and then reversed to take ...
- Rosscub replied Aug 13, 2008
8/13/08 Trade 7 — My final trade of the day was at a possible down trend initiation. Price tested resistance and then reversed to stop me out at breakeven. Days like these can really test a trader's metal. The only way I know to persevere is ...
- Rosscub replied Aug 13, 2008
8/13/08 Trade 6 — Another attempt to trade the a pullback. Trade ended with a -15 pip loss.