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    Thread: grasper's - Trading journal

    1. #1 Collapse Post
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      Default grasper's - Trading journal

      Good morning, i am a new member, but i have being studying this forum site very well, i have being doing that for more than 1 year, i decided to join you traders now, and i expect to be a permanent member her.

      My Style of trading: I am specialising on the use of automatic trendline displayed on my chart, this trend line would have given me the buy and sell signals, it will gives me the level to place my stop loss and take profit too, this is a good strategy of consistent income making in the market.

      I use the money management of at least 1:2, if that money management is higher than that on the reward side, i will prefer it, this will mean more money in my trading account.

      EXAMPLE WITH GBPUSD: At the current market price, GBPUSD has broken the green line of resistance at 1.2700, it will now be targeting 1.2805 very soon.


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      Default Re: MY TRADING JOURNAL - GRASPER

      Quote Originally Posted by grasper     
      Good morning, i am a new member, but i have being studying this forum site very well, i have being doing that for more than 1 year, i decided to join you traders now, and i expect to be a permanent member her.

      My Style of trading: I am specialising on the use of automatic trendline displayed on my chart, this trend line would have given me the buy and sell signals, it will gives me the level to place my stop loss and take profit too, this is a good strategy of consistent income making in the market.

      I use the money management of at least 1:2, if that money management is higher than that on the reward side, i will prefer it, this will mean more money in my trading account.

      EXAMPLE WITH GBPUSD: At the current market price, GBPUSD has broken the green line of resistance at 1.2700, it will now be targeting 1.2805 very soon.

      Hi hru ,Gbpusd is currently in a sell trend on the broader timeframes ,sofar it is making a bearish flag on the daily chart ,so be very curious while taking buy positions,it can fall at any time to resume its base trend,chart structure is not supporting the buy trades so far,untill we have a strong move up its not a sensible choice to go for a buy entry in this pair,as the trend has the power to hit our trade after consoliodating phase,so far there is a silence in the market because of holidays worldwide so no big move should be expected right now


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      Default Re: MY TRADING JOURNAL - GRASPER

      Happy new year everybody, this year shall be our year of greatest achievement in the forex market. I still do not have the bonus in my account yet, i will only be giving analysis according to my insight about the market until i have the money traded and updated to your.

      I am going by the trading of NZDUSD today, i can see that the market is trying to break above the trendline resistance which is the green line, it is doing that after being rejected by the trendline support which is the red line. If this trendline resistance which is represented at 0.6712 can give up, we should expect the market of NZDUSD to hit 0.6744.


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      Default Re: MY TRADING JOURNAL - GRASPER

      Quote Originally Posted by grasper     
      Good morning, i am a new member, but i have being studying this forum site very well, i have being doing that for more than 1 year, i decided to join you traders now, and i expect to be a permanent member her.

      My Style of trading: I am specialising on the use of automatic trendline displayed on my chart, this trend line would have given me the buy and sell signals, it will gives me the level to place my stop loss and take profit too, this is a good strategy of consistent income making in the market.

      I use the money management of at least 1:2, if that money management is higher than that on the reward side, i will prefer it, this will mean more money in my trading account.

      EXAMPLE WITH GBPUSD: At the current market price, GBPUSD has broken the green line of resistance at 1.2700, it will now be targeting 1.2805 very soon.

      Hello mate very whome welcome on this forum I hope here you will be share with us a good analysis so again we'll come and dear brother I don't like scalping I am not scalpers so try to make your self a long term good trader so best wishes for you and yourtrading keep it up


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      Default Re: MY TRADING JOURNAL - GRASPER

      Quote Originally Posted by grasper     
      Happy new year everybody, this year shall be our year of greatest achievement in the forex market. I still do not have the bonus in my account yet, i will only be giving analysis according to my insight about the market until i have the money traded and updated to your.

      I am going by the trading of NZDUSD today, i can see that the market is trying to break above the trendline resistance which is the green line, it is doing that after being rejected by the trendline support which is the red line. If this trendline resistance which is represented at 0.6712 can give up, we should expect the market of NZDUSD to hit 0.6744.

      I guess you are so wrong with this analysis you made with NZDUSD, all what my trading chart is telling me now is that the market wil still be falling, that is what we should get ready for. And as you can see on my trading chart below, you can see that the market price is still very far away from the 200SMA line which is now at 0.6816, i remain bearish on NZDUSD as long as that point is intact.


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      Default Re: MY TRADING JOURNAL - GRASPER

      USDCHF has being showing some strong sell signal since a month ago, and there is to how strong a bullish force can play with it, it will still give way to another bearish leg, that is what we see happening now. Trendline confirms this pattern at 0.9908, and i think it is a long term movement for now, because it has ranged for too long. You can also see how the support and resistance trendline both intercepted on the chart, that means that resistance level is a strong one that the market will not likely break in the time soon. More selling pressure is to be witnessed on USDCHF for now.


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      Default Re: MY TRADING JOURNAL - GRASPER

      How i wish i have seen this analysis yesterday before it was late, i would have entered it myself, because i saw a similar analysis on last week Friday, and the market worked well in the selling direction, but i did not do the follow up. I think that it will be selling further today, it is clearly showing on the market now, we should get ready for it. With what i am seeing on the chart now, i guess that the market will soon tough 0.9732 support level very soon. All the best in your trading my friend!


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      Default Re: MY TRADING JOURNAL - GRASPER

      I want to seize this opportunity to thank you traders of mt5 forum for showing me love ever since i started with you. My first trade was not a good one though, i got margin call yesterday after receiving the low bonus that is almost $11, the trade of GBPJPY failed, i will try to trade more properly next time. I will work on my risk and money management, that is where i believe that i am lagging the correct safety of my trading account.


      I have seen the direction of GBPUSD, it seems that this pair will be falling today. The trendline support which is the red line and the trendline resistance which is the green line are both above the price of GBPUSD, that is a strong market decision when we see a thing like that. That interception point is the one i boxed with red line. I will go for "Bear mode" on GBPUSD today, that bias can only change when the market crossed above 1.2787, that may not happen today.


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      Default Re: MY TRADING JOURNAL - GRASPER

      Wel come dear in this forum and thanks for sharing good information and knowledge with us ..today I do entry on GBPUSD for ahoet time and my to is 1.27100 and I hope now it will down on this point and then it will go up and then for long time buy entry but now I am in selling position for short time...I hope you earn more here and get good profit..


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      Default Re: MY TRADING JOURNAL - GRASPER

      Quote Originally Posted by grasper     
      I want to seize this opportunity to thank you traders of mt5 forum for showing me love ever since i started with you. My first trade was not a good one though, i got margin call yesterday after receiving the low bonus that is almost $11, the trade of GBPJPY failed, i will try to trade more properly next time. I will work on my risk and money management, that is where i believe that i am lagging the correct safety of my trading account.


      I have seen the direction of GBPUSD, it seems that this pair will be falling today. The trendline support which is the red line and the trendline resistance which is the green line are both above the price of GBPUSD, that is a strong market decision when we see a thing like that. That interception point is the one i boxed with red line. I will go for "Bear mode" on GBPUSD today, that bias can only change when the market crossed above 1.2787, that may not happen today.

      Hello mate, there is always an another time to do things right bevause in forex market trading the aspect of one or more losses cannot be avoided. I think you should first concentrate on having a good account balance goal first and thereafter go on trading because the balance like $10 or less than $500 will sincerely put more pressure on you as a trader with daily needs to meet up with. However, if you have other source of generating income then allowing your account balance up to $200 is better. Remember, that moderate low lot size use is one of the critical factor to ensure successful trading outcome.
      The World Best Grid Trader !


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