As mentioned ealier, I now focus on bigger moves. In last 12 or so hours closed all small pairs and focused only on Euro/GBP and Euro/USD. Several times changed directions to get a hit on a big deal. Finally got one, but unfortunately just before ...

Chicky's Trading Journal

You still have not attained the age when one needs nursing before effective use. I am long on both GBP and EURO with huge huge positions and tiny tiny sls. This is what worked if I look back at my journal.

Chicky's Trading Journal

Comments - I am tired of noises 1. Cannot manage several positions at a time. Now have decided (I think this time it is final) to carry max three positions at a time. Managing several positions make me crazy and see little benefit in it. 2. From now ...

Chicky's Trading Journal

If I can add. It is all about understanding how markets behave, rest is by itself. People should not expect from the market more than they are willing to offer to it. Thank market if it pays you more than your average risk over a longer term. If we ...

EURUSD

because some traders have more regard for their self respect than fearlessly expressing their opinions and that is also in a business that can prove anyone wrong except gods.

A good trader never says what he's buying or selling because...

No one needs to learn all tools. Focus on three that look most simple and easy. Master them. Then start trading with very very very small positions i.e. $0.001 or $0.01 per pip. Open no more than one position at any time. Put stoploss and take ...

I am Totally Lost

Analysis June 24 USD - Up Euro - Down (June 25 1:14 est. changed bias to Up for shorter term) 1:41 going up again AUD - Down (June 25 0:21 est. changed bias to Up for shorter term) GBP - Little down then up (1:34 getting down a little. lets see what ...

Chicky's Trading Journal

Summary of trading results Previous: +2,338 Results of the above trades: +926 pips Total: +3,264 Note: It was a very difficult day from trade management point of view. All profit comes from EU break taking heavy positions. However, went to sleep ...

Chicky's Trading Journal

Summary of trading results Previous: +2,206 Results of the above 8 trades: -64-66+116-61-4+57+4+150 = +132 pips Total: +2,338 Running trades 1. eu B/S several B and S trades for killing +1,377 pips 2. gj S sl -94 pips; re-entered 3. au S closed -23 ...

Chicky's Trading Journal

IMHO it should not go up without touching 1.4050. It usually never does. Someone as well has to eat sls in those closing hours or soon after that. I am heavily short upto 1.4058.

EURUSD

A calf is not a bull, at least yet.

EURUSD

June 23 4:14 London session 1 EJ short stop loss -64 2 GJ Short stop loss -66 3 EU Long Take profit +116 4 GU Short stop loss -61 5 EG Long stop loss -4 (sl was moved closerto BE) 6 GChf Short Sl +57 pips (SL was moved to above BE) June 23, 13;10 ...

Chicky's Trading Journal

Summary of trading results Previous: +1,603 pips These 23 postions +603 pips Total: +2,206 pips No new trades until London opens.

Chicky's Trading Journal

To make this perfect, allow me to add that Levingston, author of "Reminiscence of a Stock Operator" also sat tight for weeks or even months prior to taking a position in order to identify right opportunity. He entered gradually (three lots - one ...

How certain can you be that you have an edge?

21 positions currently open. Will post results on each position 1. UC Long 2 EA Long 3 GC Long 4 AU Long stop loss -72 pips June 22, 19:51 5 UJ Long stop loss -28 pips June 22, 19:11 6 GU Long stop loss -73 pips June 22, 22:31 7 EN Long 8 EChf Long ...

Chicky's Trading Journal

1. Bought Euro (2 pairs) 2. Sold AUD (4 pairs) 3. Sold Kiwi (2 pairs) 4. Sold GBP (1 pair) 5. Bought USD (2 pairs) All the bove 5 position closed on June 22 8:55 am for +550 pips Previous Trading Result: +1,053 pips Last trade five +550 pips ...

Chicky's Trading Journal

Comments on my system Did few modifications to my method, just for the sake of simplicity and increase volume of transactions / turnover for quick results. 1. Trade each pair that shows any potential of gain. 2. Discontinued using 1H and 3H charts. ...

Chicky's Trading Journal

Previous Trading Result: +749 pips Last trade NZD/JPY +304 pips ------------ Total +1,053 pips Running trades: 1. Bought Euro (2 pairs) 2. Sold AUD (4 pairs) 3. Sold Kiwi (2 pairs) 4. Sold GBP (1 pair) 5. Bought USD (2 pairs)

Chicky's Trading Journal

Trades for the week of June 21 1. Bought Euro (2 pairs) 2. Sold AUD (4 pairs) 3. Sold Kiwi (2 pairs) 4. Sold GBP (1 pair) 5. Bought USD (2 pairs) June 21, 23:18 est. Going for a killing on NZD/JPY June 21, 12:41 est. First killing attempt failed. ...

Chicky's Trading Journal