My Currency Journey

I need another trading structure (mind)

2010-02-23T21:22:00.000Z

Here is the resume from my February trading:

I just got burned real bad, just because i was not at my computer, at one point i was 300 pips in the money, but because i didn´t manage to have the time i am now in the 400 out of money. I need to create another trading time system for me.

I´m now in this trade,

I fell that NZD as room to fall, my stops are near 2.0000. let´s see what happens. Good Trades

February Resume

2010-02-17T18:27:00.000Z

I have not had much time to post my trades, but here is my February resume:

Good trades, any question, just ask, and will gladly answer.

February trades and resume

2010-02-10T01:41:00.000Z

Where are my February trades:

I´am still in 2 trades, the gbpjpy trade i have still half of my position runnig (stop at breakeven), and a eur/aud trade that i expect to go lower.

Gbp/jpy:

Eur/Aud:

Closing my trades

2010-02-05T11:16:00.000Z

I just closed my trades a few hours ago, because i really didn´t feel that secure, and i didn´ like the price action, and because is Friday the movement maybe erratic.I am seeing good zones for positions in some pairs, but i´m going to wait until Monday to make some decision. Here are my February trades:

February trades and resume

2010-02-04T19:58:00.000Z

This month there was been some bad trades, some of them very emotional and not rational. Currently this month i am down a litlle:

But we must resist, and continuous to fight so that we can win the war in the long run.

I have 3 positions open, as you can, because, i think this pairs NZD and AUD lost a bit and are now at reasonable values, and because for some EUR shoud not be that strong. Remenber this are very risky trades.

Were is the screenshot of my NZD/JPY :

January results

2010-01-30T21:32:00.002Z

This are my January results :

All my postitions, were very small, and i was always with low leverage positions, i could had have easly hold on swings of 500 pips ( +- 5 % of my total). If i was 10 times more levereged i would had make 26.6 % in this single month, but maybe my slepp wouldn´t exist. If i could make this kind of return every month, that would represent +-30 % year, and that i consider very good. I hope i can chat with all of you, so that we can all learn from with others.

Good Trades

January trades

2010-01-30T20:41:00.002Z

The Nzd/usd trade, went wrong because the stoploss was to close, and the Nsd/jpy trade i close it early because, there was to many fundamental data coming, and i was happy with my profit.

This are my January trades:

Nzd positions

2010-01-28T21:10:00.002Z

Just open 2 long positions, 1º- Nzd/usd and 2º - Nsd/jpy, based on good technical support, and before the Nzd "Building Consents m/m", so that i can make a good entry, they are very, very risky trades.

Today´s resume

2010-01-28T19:54:00.001Z

I closed the Nzd/Jpy for 9 pips, and i did later open a long Nzd/usd position that ended with -51 pips.

I closed all my other positions, because of the "Fed Chairman Nomination Vote", and i didin´t know what to think of it. My total pips for now is 799.

I´m looking for new levels to make new entries. I hope you can comment my ideas, and we can further discuss it . Good trades.

Nzd/Jpy - Trade

2010-01-27T22:54:00.001Z

I enter this trade based on the 63.00 support (entry late), fundamental speaking, i think theres still risk aversion (yen bullish), i think that this comodity pair (nzd) should recovey a litle, so maybe this is a counter trend short trade.....lets see.

The Beginning

2010-01-27T22:30:00.004Z

I, in this blog i will show my trades, my ideas, and what comes to my mind. I will try to make a regular weekly update on my trade ideas (or even daily if i can).

My story: I´m studding Fx for about 2 years, and recently i decided to trade live, but with small lots. Now i am more a fundamental (about 60%) view trader with using technical zones to enter trades. And this my journey.

The picture, shows my January 2010 trades.

I still have 4 trades open, but they are long term (maybe several weeks or months).