Accountability — Soon I will be posting a complete detailed account of my trading strategy so far. The reason being... I need more accountability to only take the trades that I see as most profitable for me. I have been very lax in this ...

Skracor's Thoughts and Journal of Trading

Further Supply and Demand Zone Thoughts — I think I can explain the zones a little more clearly today as there is clearly a correlation between price turning in areas that it has turned before. It occurred to me that these zones must signify ...

Skracor's Thoughts and Journal of Trading

USD/CAD — H4 trend is down possibly broken but we are in a zone so whatever is decided will be. Right now I'm still looking down. M15 trend is up hopefully breaks soon then I will have an entry into the H4 down move.

Skracor's Thoughts and Journal of Trading

Waiting for possible: Long EUR/JPY Short USD/CAD Long GBP/USD Should be fairly safe trades are with the trend with the exception of the EUR/JPY.

Skracor's Thoughts and Journal of Trading

Supply and Demand Dynamic Zones — I would like to post something that has been alluded to in many other threads but that I have not quite grasped, until now. Price turns in areas or 'zones' that are very precise and broad at the same time in ...

Skracor's Thoughts and Journal of Trading

Eur >:| — Today's bright and cheery thought. If the ratio of losers to winners in Forex is roughly 95:5. And the Eur/Usd is the most traded/ largest volume currency pair. Then the Eur/Usd has the largest number of patsies trading it, and is ...

Skracor's Thoughts and Journal of Trading

4h Trend Based on Weekly Chart — This is what my TL looks like after I take into consideration the Weekly chart, followed by what that TL would look like on the Weekly chart.

Skracor's Thoughts and Journal of Trading

There is no such thing as TF — I'm beginning to see that TF is not what I thought it was. It is merely a way to break up data so that it can be more easily processed. Therefore Trend is a relative term. It is easy to see the 'waves' that price ...

Skracor's Thoughts and Journal of Trading

That's enough charts for now no one seems interested anyway. Sold GBP 1.67245 at 11:24 EST Closed at 1.67150 at 11:41 EST Trade was with the trend took profit at a 4H S/R but I am getting tired and am excited for US session open so will stop and ...

Skracor's Thoughts and Journal of Trading

Minor EUR vs USD retracement trade — small trade I took on the Euro. my thinking was the price was at a S/R had broken one 15M TL and was near another older 15M TL. at this point I am thinking 15M Trend is up but there is no area to draw the ...

Skracor's Thoughts and Journal of Trading

Gbp 11-10-09 1:50pm est — Potential upcoming retracement trade. Waiting for the break of the 1M TL targeting the M15 TL or a TL break for continuation.

Skracor's Thoughts and Journal of Trading

Gbp 11-10-09 10:31am est — As you can see this would have been a great trade TL break with a nice retest for entry small stop loss and a nice big reward. Hope all are having a good trading day.

Skracor's Thoughts and Journal of Trading

Gbp 11-10-09 10:05am est — After the retrace there was a continuation trade and another retracement trade and now it looks like it is setting up for another continuation trade.

Skracor's Thoughts and Journal of Trading

This morning's setup — First thing I see this morning is the setup. I won't be taking any trades though(watching the little one) but will be trading asian session this evening. First a nice break of the 4H TL 4H is now most likely in a down ...

Skracor's Thoughts and Journal of Trading

GBP 11-7-09 9:40PM EST — I was not able to take this trade but now would be a good time to place the SL at BE. No sense being sloppy.

Skracor's Thoughts and Journal of Trading

New Trendline Break — New TL Break in the direction of the M15 Trend. Unfortunately there was no wonderful pullback to get in on. If I had entered Immediately following the bar that broke the TL this trade would have produced pips immediately.

Skracor's Thoughts and Journal of Trading

Gbp 11-7-09 9:04 pm est — Trade Complete. Worked out well enough though the reward was relatively small. Now its time to look for a TL break in the opposite direction to continue the M15 Trend down to the 4H major TL. Chime in if ...

Skracor's Thoughts and Journal of Trading

GBP 11-7-09 8:35PM EST — Heres a Live example of the charts how I am looking at them. At the break and retest of the 1M TL a long retracement entry will be triggered. Supporting evidence: M15 TL is broken to the downside. Therefore current 15M ...

Skracor's Thoughts and Journal of Trading

Example — Here is an example of a long setup. I know this example looks cherry picked but I am going to strive to give live examples as much as possible. Notice the nice retest of the TL after the break out. Also the Trade was with the 15M and ...

Skracor's Thoughts and Journal of Trading

Entries — Entries are taken mainly off the 1M Chart. I know there will be those that scoff at this... so be it. The first thing I look for is a break of a 1M Trendline. My Definition of a Trendline Break: When a candle closes through the ...

Skracor's Thoughts and Journal of Trading