Go on hollydays !

Hi everybody !

I take little hollydays until sunday. So I will make a recap of the week when I will come back.

Have a nice day !

Bad Tuesday !

Hello !

Today I spent 2 orders, one of which is ongoing. I trade without thinking, without analyzing the market, etc ... I have very little trade. Initially I did not want to go order because I was too tired. But to make you happy, I said "if I will not trade nothing to tell yet." What good reason to place an order!

So logically I made my first stop to 30 pips. But I did not have enough, I spent a 2nd order after 21h while I can almost never trade after hours especially with as little movement. I have a stop 20 pips this time, but it is very very close. I think it will soon be hit ...

Good evening !

Monday, No trade !

Hello !

Today I did not go to trade, I have not had any real clear signal from the time I arrived in front of my screens. 

So I preferred to stay away.

PS : I have finished to read CityBoy, and I recommend it ! It's a really good book about finance world.

Have a nice day !

Cityboy !

Good evening !

Thursday, I've bought the book : Cityboy: Beer and Loathing in the Square Mile. I've read about 300 pages, and it is a really good book. 

I like the way it is written. Geraint Anderson is really an amusing character, his personality is strange. He is divided between his education and his desire for revenge. I'm pretty in hurry to know the end !

So, I advise everybody interest by finance to buy this book.

Have a nice day !

Thursday and Friday, No time to trade !

Hi everybody !

I have not had time to write thursday night because I went back again later. So I apologize for the delay. I'll make a summary of Thursday and Friday in one post because there is not much to say.

 Thursday I did not have much time to trade, I only spent an order around midday on GBP/JPY. I went short, but unfortunately due to the high spread my goal was not achieved.  All that was missing a little more pips or two. My stop was hit following the strong rebound that followed the lowest.

Result of Thursday : -30 pips

Friday, the situation was quite similar. I did not have much time to trade and I have never like place orders on Friday evening. I made only an order on GBP/USD, because majors crosses fallen for most but not this one. So I relied on the correlation and the signals that I received from my system. I put a TP at 20 pips only because I did not want to fall into the same trap as the previous day with a spread too high. Finally my goal was reached very quickly and the fall continued even lower as I thought. 

Result of Friday : +20 pips

No significant errors in my approach. Except for the friday order that I spent a bit hastily and would have requested two minutes of thinking.

Good evening everybody!

Wednesay, neutral day !

Good evening !

Today, I have nothing to say. I have just shorted EUR/JPY when it broke the yesterday lower, but my stop was reached before the fall.

Result : -30 pips or -31.20€ 

And after I have shorted again a few minutes after the news, I was lucky because I got 32 pips or 33.36€.

Have nice trades !

Tuesday, no luck !

Hi everybody !

I have decided to jump from last monday (may 4) to To(ues)day (may 12), because I'm a lazy guy.

So let's go for the story of my unlucky day. 

5:00 pm : Back @t home, I turn on my screens and I run MT4 like everyday of the week. No signal. I have no choice, I have to wait.

Later, I see on 15 and 30 min charts, that EUR/JPY and GBP/JPY have finished their consolidation. I think that it's a good idea to open a short trade.

6:13 pm : I'm short on EUR/JPY. Target at 60 pips.

6:20 pm : I'm short too on GBP/JPY. 

6:30 pm : After 10 minutes of thinking, I have decided to short GBP/USD too. I can earn more but I can lose more with the correlation between GBP/JPY and GBP/USD. But I want more profit, so I short.

6:49 pm : GBP/USD and GBP/JPY stops are touched. There was a big rebounce unfortunately, and in my opinion, that's a reaction of the speech of Obama diffused on bloomberg at same time.

Result : - 60 pips or -61.09€

I'm unlucky because 5 minutes later, GBP/JPY fall again...

6:55 pm : I'm short on GBP/JPY. TP 30 pips.

6:58 pm : EUR/JPY and GBP/JPY reached their target !

Result : +88 pips or +61.17€

I'm pretty satisfied of my trading day except when I have shorted GBP/USD.

Have a nice day !

Lundi, moyen !

Hi everybody !

Today I havn't had a lot of time for trade. However I have taken a position. But I have closed my trade when the price has stop to move. 

But don't worry, there is a lack of liquidity. (Non-working day in Japan and England.)

Buona sera !

Vendredi, pas terrible !

Hello ! 

May 1, non-working day for France and many countries. So with this free time, I decided to gardening !

This is a joke ! How can I gardening when forex call me ? That's impossible ! But maybe I should have...

So I begin my day with my alarm which ring at 6:30 am ! I've forgotten to stop it... But fortunately, I sleep two minutes later.

I wake up at 8:30 am, I turn on my computer like everyday and I run MT4. At first sight, the market seems really flat, but it's normal for May1.

During the day I have taken few positions, but without real signal. So I lost few bucks...

----------------------------------------

I close this week with a negatif result. That's not really surprising, because I have traded without discipline from wednesday until today...

Result of the week : -87.88€ so -4.39% 

Have a nice Week-End !

Jeudi Noir !

Good evening.

Today was a really bad day. I made some newbie mistakes, and I didn't respect any rules. 

I have continued to trade with several orders in the same time while I've already lost more than 4% of my asset.

I didn't wait any signal to take a position and I've traded whereas I knew that I had no time...

Black Thrusday for myself.

Good night.

Mauvais Mercredi, mais finalement pas tant que ça !

Hi ! 

Since a long time, wednesday is a bad day for me. The only day where I can trade almost all the daytime, it ends mostly by a loss... So I took the decision to change this !

This is my day story :

10:30 am : I'm back @t home. I turn on my screens and I run MT4. I'm ready to "trade forex like a pro" (FxPro Advertisement seen on Bloomberg TV).

Forex is rather flat, I have forgotten but today it's a non-working day in Japan. They are in Golden Week. But no stress, there are some news at 2:30 pm

2:30 pm : I take a short position on GBP/USD, but few minutes later I'm not confident and I decide to get out of my position. Result : 0 pips, it's a neutral trade.

2:45 pm : I open a short position on GBP/JPY, I put a tightened stop loss. More tightened than I used to set. The stop is reaches 20 minutes later.

In the same time I re-short GBP/USD. And when the stop was touched on GBP/JPY, I have decided to move down my TP in order to recover my loss. Very Good Idea Madjes ! The cross rebounce on a support, I'm afraid and I leave my position.

Results of these 2 trades : -26.5 pips or -27.14€ !

Mood : Angry !

After this 2 stupids trades, I decide to calm down and to listen nice music : America - Ventura Highway.

5:00 pm : I'm calm. In trading regrets are useless, so I have learned my lesson and I continue to trade.

5:15 pm : GBP/USD breaks its trendline and I open a long trade without hesitance. I set my stop loss and my TP at 30 pips. 

5:20 pm : EUR/USD follow GBP/USD. I'm long. TP and stop loss at 20 pips.

Few minutes later, my target is reached on EUR/USD, but GBP/USD is turned over and I decide to leave for security with + 20 pips.

Results of 2 trades : +40.1 pips or +40.10€

Wednesday doesn't will be my bad day anymore ! 

Result of the day : +13.6 pips or+12.96€

Have a great day !

Bon Mardi, mais pas excellent !

Hello !

It was a good day, but it could have been better ! Indeed, once more I was too impatient, but unlike yesterday I don't forgive myself.

Here is my day :

4:30 pm : I'm back @t home.

First order, 5:07 pm. Second order, 5:10 pm.

I see a sell signal on GBP/USD, I'm waiting for confirmation while keeping an eye on GBP/JPY. The cable falls and I open a short trade, GBP/JPY is maintained on its levels but the signal of sale is already given and I count on the correlation of these crosses. I'm shorting GBP/JPY.

GBP/USD reaches my target, but GBP/JPY rebounds on it support just before the TP. I'm afraid, I close my position. A few minutes later, the fall continues...

6:01 pm : All the orders are closed. + 50.4 pips = +51.13€

Once more, I'm not proud of my attitude. I lack of discipline.

Have a nice day and nice trades !

First Day !

Good evening ! Here are the results of the first test day. But before, few precisions about my trading day :

- I have traded only after school, about 7:00 pm

- Trichet had already begun to talk when I arrived @t home

- Like all Monday, I'm tired (ok it's easy, but it's true !)

7:05 pm : I see a signal on GBP/USD, I short without any hesitance. I put my stop loss above the last top in 5 min charts and I set my target.

7:10 pm : EUR/USD and EUR/JPY are already falling. Too bad, it's too late ! 

50 minutes later I decide to take my profit. I'm too impatient and the currency continue to fall until my take profit a few minutes later. So I only earn 30 pips instead of the 50 expected.

I'm not proud ofmy attitude but it's monday and I forgive myself.

Who I am ?

Hello everybody, I'm a young trader under 20 years old who trades since about one year.

I first tried the stock market during few months but I didn't like it pretty much. Not enough active for me. Forex, this is what I mean by saying "active"! Always open, excepted during week-ends but who cares ? Week-end is time for rest, friends or family.

So, I began trading without any knowledge, but someday a trader named Darthtrader organized few webinars with his friend Sylvain. I learned the basis of trading, and much more like money management. I really thank them for their generosity.

With their strategy I made some pips everyday during some months. But when summer arrived, the market calmed down. I could not succeed in making profits anymore. I lost a few bucks, but not too many !

Since this, I've been looking for a really efficient strategy, and I have tried a lot of differents things but I have not find yet the best one.

Also, I have read few books, like Market Wizards, Street Smarts, Secrets for Profiting in Bull and Bear Markets, etc... I'm certainly a lucky guy because all of these books are excellent and I have learned a lot with each one.

Two weeks ago, I build a new strategy. This one looks really good and I think, it's probably the best that I have ever made. So I decided to create this blog in order to share each day the results with  you.

I hope to get some good results and few readers.

Have a nice day !