Welcome everybody!
I have decided to start a simple journal of trades to help me analyze and record my trades. I have an extremely busy schedule (thanks to my day job) and although I’ve successfully used Phillip Nel’s 4hr strategy on EU and GU charts, I tend to miss the London open due to work commitments.Phillip has greatly influenced my trading and this thread is ,in a small way, my way of giving back to the fine traders that post on his thread.The system I use, apart from Phillip's) is something I've been using since 2001,although I've refined it many times since then as I've been influenced by the ideas and input of other traders with proven success. I’ve since gravitated to the daily time-frame. I will be posting each live trade. If I miss a live trade posting, I’ll post a screenshot of the trade execution as proof or confirmation. Please note that these are not to be taken as signals or trade recommendations. Once the success (or even failure) of this system has been established by this journal, I’ll consider starting a thread revealing the system itself. Of the 4 currency pairs and two commodity charts I trade, this system has achieved an 86,61% success rate out of exactly 952 trades backtesting from December 2004.That’s 825 wins +127 losses = 952 trades in total.
Hope everyone gets something out of this.
Doji Star
I have decided to start a simple journal of trades to help me analyze and record my trades. I have an extremely busy schedule (thanks to my day job) and although I’ve successfully used Phillip Nel’s 4hr strategy on EU and GU charts, I tend to miss the London open due to work commitments.Phillip has greatly influenced my trading and this thread is ,in a small way, my way of giving back to the fine traders that post on his thread.The system I use, apart from Phillip's) is something I've been using since 2001,although I've refined it many times since then as I've been influenced by the ideas and input of other traders with proven success. I’ve since gravitated to the daily time-frame. I will be posting each live trade. If I miss a live trade posting, I’ll post a screenshot of the trade execution as proof or confirmation. Please note that these are not to be taken as signals or trade recommendations. Once the success (or even failure) of this system has been established by this journal, I’ll consider starting a thread revealing the system itself. Of the 4 currency pairs and two commodity charts I trade, this system has achieved an 86,61% success rate out of exactly 952 trades backtesting from December 2004.That’s 825 wins +127 losses = 952 trades in total.
Hope everyone gets something out of this.
Doji Star