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Horne's journal

Horne

Well-known member
Joined
Apr 5, 2017
Messages
84
Points
18
Location
Brisbane
  • Thread Starter Thread Starter
  • #21
This is the format I will use in future. New Account. Account currency is AUD and times are my local time.

Day: Monday
Date: 4th Mar 2019
Time Open: 18:08
Close: 18:20
Account Balance: 1000.00
Currency Pair: GBPAUD
Set Up: Bull Continuation
Entry Price: 1.86895
Stop Loss: 1.86695 (20 pips)
Take Profit: 1.87030 (13.5 pips)
Lots Traded: 0.4
Slippage: +1.1 pips
Commission: -5.24
Net P/L: +53.16
Comments: Trend wasn't obvious on the pip range chart, but looking at the hourly, was trending clearly last week with decent pull back on Friday almost back to the 85 EMA before recovering.

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Horne

Well-known member
Joined
Apr 5, 2017
Messages
84
Points
18
Location
Brisbane
  • Thread Starter Thread Starter
  • #22
Day: Tuesday
Date: 5th Mar 2019
Time Open: 18:08
Close: 19:30
Account Balance: 1053.16
Currency Pair: GBPCAD
Set Up: Bull Hidden Divergence
Entry Price: 1.79573
Stop Loss: 1.75773 (20 pips)
Take Profit: 1.76108 (13.5 pips)
Lots Traded: 0.42
Slippage: none
Commission: -5.47
Net P/L: -94.38
Comments: Entered this trade (at market) seconds after UK services PMI number came out and got a fill considerably less favorable than I wanted. And in hindsight I really should have been aware of the bearish divergence which was occurring near the big round number.

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Last edited:

Admin

Administrator
Staff member
Joined
Mar 13, 2017
Messages
2,796
Points
118
Location
Gold Coast
Hey Horne, think you've got a + instead of a - there unfortunately. Good format, though and keep going (y)
 

Horne

Well-known member
Joined
Apr 5, 2017
Messages
84
Points
18
Location
Brisbane
  • Thread Starter Thread Starter
  • #24
you're right. I'll fix it. thanks for pointing that out.
 

Horne

Well-known member
Joined
Apr 5, 2017
Messages
84
Points
18
Location
Brisbane
  • Thread Starter Thread Starter
  • #26
I like it. I prefer it to metatrader anyway. Sort of limited as far as brokers who offer it, and there are a few areas I think could be improved. But I'm generally happy with it.
 

Horne

Well-known member
Joined
Apr 5, 2017
Messages
84
Points
18
Location
Brisbane
  • Thread Starter Thread Starter
  • #27
Day: Tuesday
Date: 5th Mar 2019
Time Open: 22:03
Close: 22:37
Account Balance: 958.78
Currency Pair: GBPUSD
Set Up: Bear Flag
Entry Price: 1.31720
Stop Loss: 1.31870 (15 pips)
Take Profit: 1.3152 (20 pips)
Lots Traded: 0.38
Slippage: +0.8 PIPS
Commission: -4.94
Net P/L: +106.84
Comments: Hourly chart shows GBPUSD has been in a down trend since last Wednesdays high. Saw a flag/channel which broke lower. Waited for the retrace before entering. Was quite confident in the trade and wanted 20 pips to recoup losses from previous trade. I'm aware that revenge trading is not advisable but worked out this time.
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Last edited:

Horne

Well-known member
Joined
Apr 5, 2017
Messages
84
Points
18
Location
Brisbane
  • Thread Starter Thread Starter
  • #28
Day: Wednesday
Date: 6th Mar 2019
Time Open: 18:20
Close: 18:35
Account Balance: 1065.62
Currency Pair: EURAUD
Set Up: Bull Continuation
Entry Price: 1.60714
Stop Loss: 1.60564 (15 pips)
Take Profit: 1.60814(10 pips)
Lots Traded: 0.42
Slippage: +0.7 PIPS
Commission: -4.72
Net P/L: +40.22
Comments: I didn't want to push this one too much as EURAUD had already moved over 110% of it's ADR at time of entry.
279
 

Horne

Well-known member
Joined
Apr 5, 2017
Messages
84
Points
18
Location
Brisbane
  • Thread Starter Thread Starter
  • #29
Day: Thursday
Date: 7th Mar 2019
Time Open: 20:15
Close: 22:07
Account Balance: 1105.84
Currency Pair: EURAUD
Set Up: not clear
Entry Price: 1.60621
Stop Loss: 1.60471 (15 pips)
Take Profit: 1.60721 (10 pips)
Lots Traded: 0.44
Slippage: +0.1 pips
Commission: -4.94
Net P/L: -70.50
Comments: On the hourly chart I liked the way EURAUD came back close to the 85 ema which coincided with bullish divergence on the range bar chart, but missed that trade as it was earlier in the day. Waited for a pull back, then to close back above the Kijun Sen before going long still thinking it looked bullish post EA GDP data.
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