Admin Trading Journal Oanda

Posts: 5063 · #16 - December 06, 2018, 02:46:57 PM

There was a good set up on AUDUSD to go long. The FEN indicator produced a signal on the Daily chart. Price has been moving down for 3 days prior. So this is a good reversal point and a bottom will form on this Daily candle. So I will only be buying for now.

I placed 2 pending orders at support levels. Both orders were filled. I closed both early for profit and will be re-entering if there is another move down.

Total profit made was +$46.77

Posts: 5063 · #17 - December 06, 2018, 03:57:03 PM

I placed another sell trade for EURJPY based on my assessment from yesterday. The trade hit TP. I will most likely be staying out of EURJPY for now because there are better set ups available.

Profit made was +$39.84

Posts: 5063 · #18 - December 07, 2018, 02:21:28 PM

There is a very good set up on the USDCHF now. A weekly trend line has been broke to the upside and price is now retesting that line. I will only be looking to place long trades on USDCHF for now.

On the H4, price broke a trend line to the downside and retested that line. So I expected price to drop, which it did. I had buy limit pending orders there waiting.

I traded this set up twice. For the first time, I changed the TP so it would close early for small profit. For the 2nd time, I had 2 pending orders there at support points. My 2nd pending order was within about half a pip from filling. It's frustrating and happens a lot in my trading. So I missed out on more profit. I manually closed the trade that did trigger for a small profit.

Total profit made was +$35.61

Posts: 5063 · #19 - December 07, 2018, 03:56:49 PM

There was a FEN indicator signal on the AUDUSD H1 chart. The signal was posted in the live signals section of this forum. Prior to the signal, the AUDUSD price shot up. So there was a good chance the signal would result in a top and then a bearish reversal. So I placed a pending sell limit order higher than the previous candle (expecting a top) which just so happened to coincide with resistance. I set TP and the nearest support level. The market went up almost perfectly to trigger my order and then the TP was later hit.

Profit made was +$30.75

Posts: 5063 · #20 - December 07, 2018, 10:05:34 PM

I placed more sell trades for EURJPY. I still think EURJPY will fall so I have been buying on bullish movement at different times. I closed some of these early because of it being late Friday and also because I wanted to get into another trade.

Total profit was +$39.09

Posts: 5063 · #21 - December 10, 2018, 06:49:21 PM

I placed more buy trades on USDCHF based on the bullish forecast from a previous post. I placed 3 orders total and averaged in price. TP was later hit. I will be getting back into this if price dips down.

Total profit made was +$42.08

Posts: 5063 · #22 - December 11, 2018, 02:22:19 PM

I traded EURJPY again based on my assessment from last week. I am only looking to sell right now so I sold again after price went up to a resistance point. TP was simply the next support point. I made a fast 20+ pips off this trade.

Total profit was +$50.29

Posts: 5063 · #23 - December 11, 2018, 03:21:44 PM

I got back into USDCHF as I said I would do before. I placed a buy trade after price dipped back down. I profited about 20 pips from this trade.

Profit made was +$52.23

Posts: 5063 · #24 - December 12, 2018, 10:11:16 PM

I placed some sell trades on USDJPY. There was a daily trend line that was broke to the downside and then retested. So I will only be looking to sell for right now. There was also a trend line on the H4 that provided good resistance. So I placed multiple trades at good spots and averaged in price. There were 4 trades made total.

Total profit was +$100.06

Posts: 5063 · #25 - December 13, 2018, 01:43:36 PM

I made a few sell trades on EURUSD. The trades were made based off trend lines and support/resistance. Some trades I closed early and another one hit TP.

Total profit was +$40.75

Posts: 5063 · #26 - December 13, 2018, 01:57:09 PM

I placed some more sell trades on EURJPY. I sold at resistance and the psychological level of 129. The TP level was simply the next support point which was later hit.

Total profit made was +$68.19

Posts: 5063 · #27 - December 13, 2018, 02:54:10 PM

After my previous post about my EURJPY sell trades hitting TP, price shot back up to where I had entered before. So I re-entered again at the 129 level. It was an easy and fast 20+ pips.

Profit made was +$47.98

Posts: 5063 · #28 - December 14, 2018, 02:18:01 AM

I placed a couple more sell trades on the USDJPY. There is a daily trend line which is acting as resistance right now. One time I closed the trade early for small profit and another time I had 2 pending orders of which 1 filled.

Total profit made was +$30.58

Posts: 5063 · #29 - December 14, 2018, 12:23:37 PM

I was bearish on EURJPY so I placed another sell trade at the 129 level just like I did twice yesterday. EURJPY later became extremely bearish and my TP was easily hit.

Total profit was +$55.07

Posts: 5063 · #30 - December 26, 2018, 09:24:49 PM

I made 7 sell trades on EURUSD. The trades were made mainly because of resistance from multiple trend lines. I will only be looking to sell EURUSD for now.

I also made a deposit of $1500 to increase my available margin to make more trades since leverage on Oanda is low. I will be withdrawing some profit after the New Year. The current balance after the EURUSD trades were closed is $5521.98.

Profit from interest was $83.24
Profit from trades was $429.80
Total profit = +$513.04