Croc
Fun Poster
- Messages
- 494
- Joined
- Aug 23, 2013
- Messages
- 494
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- Points
- 10
Hai, di sini aku akan catatkan semua trades aku dan harap ia akan dapat membuatkan aku lebih disiplin dan dapat mengenalpasti kelemahan dan kesalahan. Aku akan ikut guideline carigold untuk start journal ini.
Introduction of my Journal:
Trading system that I use is based on Price Action and I only trade Pin Bar (PB). There's several ways to trade the pin bar, but I only trade with the trend and with confluences. There's also a few methods to enter a trade based on PB. We may enter the trade when the price breaks through the high or low of the PB (we will use stops order for this kind of entry method), trade when price retrace to the 31.2% or 50% or 61.8% of the PB (we will use limit order), trade at the close when the PB close (we will use market order). I don't use any other indicators beside 2 EMAs (yg ni, ku belajar dari Nial), 8EMA & 21EMA. The combination of 20 and 50 is also useful from my experience but it's quite slow.
The time frame I make my analysis and place my trades are based on Daily Time Frame chart and above. I didn't trade any time frame below Daily. This is because I feel more relax and can choose the time I prefer to make my analysis and hopefully we will only discuss daily time frame chart and Pin Bar in this thread so that all of us will be in the same page.
I learn price action from a lot of international forums such as the most famous one, babypips. It's really a good place for most beginner traders to start their learning curve. The second place is Nial Fuller website, he talks a lot about price action, trading psychology and money management. I have learn a lot from him too. Especially his article.
Below are the pairs that I trade and monitor:
I don't put a lot of attention on economic news release, I only take those high impact news into account like NFP, interest rate, FOMC and important speeches. Other than these, I found they don't impact the market a lot thus I don't take other news release into consideration. During the news release, I will not trade and if I'm in a position, I will leave it open for it to either hit my SL or hit my TP.
All my trades will have at least 1:2 Risk to Reward ratio and I risk 2.5% for each trade.
I don't have a weekly or monthly target because I trade daily time frame and above therefore setting weekly or monthly is not quite realistic and sometimes I will have losing months. It would be better to have a goal set for each quarter or yearly goal. My goal is on average I will make 2R (1:2 risk to reward) or 5% and above every month at the end of the year.
Buat pengenalan aku dalam Inggeris kerana ku tadi nampak guidelines tulis dalam Inggeris dan terus ku buat intro ini. Aku dah tahu price action lama dah tapi baru-baru aku start trading live. Telah deposit $1000 ke Exness account, nampak banyak +ve reviews, jadi try tengok. Tapi spread dia agak tinggi, hanya major pairs seperti EU rendah, yang lain agak tinggi. Tapi akaun ku automatic jadi swap free, bagus juga bagi swing trader seperti aku ni kerana kebanyakan trade aku buka selama 3 hari, kadang-kadang ada trade yang sampai satu bulan.
Aku akan update analysis dan trade ku kat sini tapi aku hanya trade agak-agak 3-6 kali je sebulan, sikit aje. Kadang-kadang akan banyak sikit, tapi jarang lebih 10 trades sebulan.
Result:
23~27 Sep 2013 : +4R (2 Trades, 2 Win, 0 Lose)
30~04 Oct 2013 : +1R (3 Trades, 1 Win, 2 Lose)
07~11 Oct 2013 : +1R (2 Trades, 1 Win, 1 Lose)
14~17 Oct 2013 : +7R (3 Trades, 3 Win, 0 Lose)
21~25 Oct 2013 : - 1R (1 Trade, 0 Win, 1 Lose)
28~01 Nov 2013 : - 1R (1 Trade, 0 Win, 1 Lose)
04~08 Nov 2013 : +2R (1 Trade, 1 Win, 0 Lose)
11~15 Nov 2013 : +2.5R (1 Trade, 1 Win, 0 Lose)
18~22 Nov 2013 : +0R (3 Trades, 1 Win, 2 Lose)
25~29 Nov 2013 : +2R (1 Trade, 1 Win, 0 Lose)
Introduction of my Journal:
Trading system that I use is based on Price Action and I only trade Pin Bar (PB). There's several ways to trade the pin bar, but I only trade with the trend and with confluences. There's also a few methods to enter a trade based on PB. We may enter the trade when the price breaks through the high or low of the PB (we will use stops order for this kind of entry method), trade when price retrace to the 31.2% or 50% or 61.8% of the PB (we will use limit order), trade at the close when the PB close (we will use market order). I don't use any other indicators beside 2 EMAs (yg ni, ku belajar dari Nial), 8EMA & 21EMA. The combination of 20 and 50 is also useful from my experience but it's quite slow.
The time frame I make my analysis and place my trades are based on Daily Time Frame chart and above. I didn't trade any time frame below Daily. This is because I feel more relax and can choose the time I prefer to make my analysis and hopefully we will only discuss daily time frame chart and Pin Bar in this thread so that all of us will be in the same page.
I learn price action from a lot of international forums such as the most famous one, babypips. It's really a good place for most beginner traders to start their learning curve. The second place is Nial Fuller website, he talks a lot about price action, trading psychology and money management. I have learn a lot from him too. Especially his article.
Below are the pairs that I trade and monitor:
- EUR/USD
- GBP/USD
- AUD/USD
- NZD/USD
- USD/CAD
- USD/JPY
- XAU/USD
- XAG/USD
- EUR/JPY
- GBP/JPY
- AUD/JPY
- NZD/JPY
- CAD/JPY
- EUR/GBP
- EUR/AUD
- GBP/AUD
- AUD/NZD
- AUD/CAD
- EUR/CAD
- EUR/CHF
I don't put a lot of attention on economic news release, I only take those high impact news into account like NFP, interest rate, FOMC and important speeches. Other than these, I found they don't impact the market a lot thus I don't take other news release into consideration. During the news release, I will not trade and if I'm in a position, I will leave it open for it to either hit my SL or hit my TP.
All my trades will have at least 1:2 Risk to Reward ratio and I risk 2.5% for each trade.
I don't have a weekly or monthly target because I trade daily time frame and above therefore setting weekly or monthly is not quite realistic and sometimes I will have losing months. It would be better to have a goal set for each quarter or yearly goal. My goal is on average I will make 2R (1:2 risk to reward) or 5% and above every month at the end of the year.
Buat pengenalan aku dalam Inggeris kerana ku tadi nampak guidelines tulis dalam Inggeris dan terus ku buat intro ini. Aku dah tahu price action lama dah tapi baru-baru aku start trading live. Telah deposit $1000 ke Exness account, nampak banyak +ve reviews, jadi try tengok. Tapi spread dia agak tinggi, hanya major pairs seperti EU rendah, yang lain agak tinggi. Tapi akaun ku automatic jadi swap free, bagus juga bagi swing trader seperti aku ni kerana kebanyakan trade aku buka selama 3 hari, kadang-kadang ada trade yang sampai satu bulan.
Aku akan update analysis dan trade ku kat sini tapi aku hanya trade agak-agak 3-6 kali je sebulan, sikit aje. Kadang-kadang akan banyak sikit, tapi jarang lebih 10 trades sebulan.
Result:
23~27 Sep 2013 : +4R (2 Trades, 2 Win, 0 Lose)
30~04 Oct 2013 : +1R (3 Trades, 1 Win, 2 Lose)
07~11 Oct 2013 : +1R (2 Trades, 1 Win, 1 Lose)
14~17 Oct 2013 : +7R (3 Trades, 3 Win, 0 Lose)
21~25 Oct 2013 : - 1R (1 Trade, 0 Win, 1 Lose)
28~01 Nov 2013 : - 1R (1 Trade, 0 Win, 1 Lose)
04~08 Nov 2013 : +2R (1 Trade, 1 Win, 0 Lose)
11~15 Nov 2013 : +2.5R (1 Trade, 1 Win, 0 Lose)
18~22 Nov 2013 : +0R (3 Trades, 1 Win, 2 Lose)
25~29 Nov 2013 : +2R (1 Trade, 1 Win, 0 Lose)
Last edited:
Tapi 30 pips pun 2.5%, 200 pips pun 2.5% Tak syok sangat bila dapat 300 pips kerana pun sama dengan 30 pips, 2.5% juga :-<
