Thanks for the push Phreddy. Here's the first opportunity of the week on the 1H EU. I'm in at 3595 with a 10 pip profit target. SL will be set just below the current bar.

RR's System

As I enter into my second week trading with my newly funded account, I am working on my mindset and getting closer to having my overall plan in order. I continue to make very small entries as I was doing before, building multiple positions for short ...

Road Runner's Trading Journal

Update — Haven't posted since before the holiday's as I was traveling most of December. I've been spending the last few weeks getting my trading plan organized as I have funded my account with a significant amount. This has been a huge ...

Road Runner's Trading Journal

11/22/10 — Yesterday's results: Trade 1 Long: 3607 at 8:06 am, Nov 22 Profit Target: 3707 Stop Loss: Initially none, updated: set to BE Notes: First 1M PA after hours close, confirmed on 5M &15M Result: Closed BE Trade 2 Long: 3616 at 9:05 am, ...

Road Runner's Trading Journal

Weekly Total — I didn't place any trades yesterday. My weekly results were +275 pips. I did not place as many trades, and it was much more manageable and less stressful. My account has done well the last 3 weeks, almost a 20% increase. This ...

Road Runner's Trading Journal

Both of yesterday's open position were stopped out for about a break even average. A bit frustrating as I was barely closed out then price proceeded up to my target profit area, but, it happens. For every time I get stopped out "prematurely" there ...

Road Runner's Trading Journal

11/18/10 — I placed 4 trades today, 2 of which are still open and have a profit target of +100 each: Trade 1 Long: 3594 at 8:21am, Nov 18 Profit Target: 3694 Stop Loss: BE, changed to 3613 Notes: First 5M PA after hours close, 5M IB broken, ...

Road Runner's Trading Journal

Yesterday's Results: Trade 1: +100 Trade 2: -25 Trade 3: +100 Trade 4: +100 Today's Notes: Since I don't start trading until after 8:00am PST, I figure it would be beneficial to start organizing my thoughts on the market before starting. I will post ...

Road Runner's Trading Journal

11/17/10 — I've been away on a mini-vacation the last couple of days. Placed 1 trade yesterday and three today, all of which are still open. A bit of an update on my trading. I am going to try to start leaving more details of my trades in ...

Road Runner's Trading Journal

Great post Paul. All of your points are spot on in my opinion. Once you are able adjust to this somewhat unnatural way of thinking, it becomes so much easier to accept and cut your losses, while embracing the "true" winners" as they pullback and ...

Building an equity millipede

Weekly total — The profit for this week is +476 pips. I am really gaining confidence in this low-risk high reward method of trading, it has really brought it all together for me. I am finding that "stacking" my positions against trend lines ...

Road Runner's Trading Journal

11/12/11 — Both of yesterday's trades closed out at BE, placed a couple more late last night as well as a few this morning, here's the update: B3612 +35 B3608 +44 S3724 +41 S3722 +39 B3670 +18 B3673 OPEN I'm showing 1 minute chart today, since ...

Road Runner's Trading Journal

11/11/10 — Here's a list of today's trade, only 2 still open: S3719 +48 B3685 -30 S3681 +13 B3663 -8 B3671 -7 B3661 BE B3663 BE B3642 OPEN B3658 BE S3663 OPEN

Road Runner's Trading Journal

11-10-10 — Here are today's trades, in same order as purchased: Short at 3785 +18 Long at 3752 +10 Long at 3783 -5 Short at 3772 +100 Long at 3682 BE Long at 3686 BE Short at 3699 BE Long at 3692 +98 Short at 3716 -5 Long at 3716 BE Short at ...

Road Runner's Trading Journal

11.09.10 — Last nights trade was stopped out for -10, unfortunately I was sleeping as it proceeded to climb back up. I managed to get a short in first thing this morning that ran for +100. Made an attempt at a couple of longs along the way for ...

Road Runner's Trading Journal

11/8/10 — Here is my trading log for today, all the closed positions were sold at breakeven. I currently have one open. I only trade EU, with a profit target of 100 pips on each trade. Closed - Trade 1: Buy 3928 SL1: set to 21 SL2: set to BE ...

Road Runner's Trading Journal

Yes, I ideally you work yourself into a profitable position on both ends with some distance, allowing yourself to set SL to break even, and continuing to add on the stronger end. It gets a bit cumbersome to manage, which is why I am only trading EU.

Building an equity millipede

Hey Hubbahubba, I hope you don't mind my humble opinion here, as we are all learning this together, and I myself am still figuring much of this out. I place my stops just beyond what ever price action or S/R point I am using to enter the trade. If ...

Building an equity millipede