ilearn2t
Sergeant Major
- Messages
- 711
Hello Everyone
Welcome to my trading journal.
This journal will involve a "real" manual trading account complete with my "future" up=to-date trades I hope to make to keep the profits flowing.
It involves 3 currency pairs (EUR/USD - GBP/USD - AUD/USD) as they all have a moderate to strong correlation, I "sell" the EUR/USD & "buy" the GBP/USD using the AUD/USD as a buy or sell when I suspect the time is right.
My current plan is to allow the GBP/USD to drop below 1.6510 before placing a "buy" order, with two already "buy" orders placed on this pair, I'm looking for this pair to trade upward and bring the EUR/USD with it.
Looking to place a "sell" order on EUR/USD at around 1.3480. I managed to capture this 3 times already around this price on 24th 25th 26th this month for a combine total of 80 pips.
If the latter occurs first, and I can't close at my 20 pips or more profit level, the AUD/USD might get a look in.
The AUD/USD is rising high these days, but well above its 30 day "Moving Average" cycle, so it looks odds on a "sell" order might come into play.
Record so far:
Total Trades = 53
One loss on "swap" value.
Deposit $10.65
Equity: $21.51
Good luck
ilearn2t
Welcome to my trading journal.
This journal will involve a "real" manual trading account complete with my "future" up=to-date trades I hope to make to keep the profits flowing.
It involves 3 currency pairs (EUR/USD - GBP/USD - AUD/USD) as they all have a moderate to strong correlation, I "sell" the EUR/USD & "buy" the GBP/USD using the AUD/USD as a buy or sell when I suspect the time is right.
My current plan is to allow the GBP/USD to drop below 1.6510 before placing a "buy" order, with two already "buy" orders placed on this pair, I'm looking for this pair to trade upward and bring the EUR/USD with it.
Looking to place a "sell" order on EUR/USD at around 1.3480. I managed to capture this 3 times already around this price on 24th 25th 26th this month for a combine total of 80 pips.
If the latter occurs first, and I can't close at my 20 pips or more profit level, the AUD/USD might get a look in.
The AUD/USD is rising high these days, but well above its 30 day "Moving Average" cycle, so it looks odds on a "sell" order might come into play.
Record so far:
Total Trades = 53
One loss on "swap" value.
Deposit $10.65
Equity: $21.51
Good luck
ilearn2t