Thread: RichLadyFX Trading Journal

After some thought, eventually I decided to start my very own journal to record my journey in this highly unforgiving land. Some basic advice:

1. I have no particular or favourite pair to trade, trading any pair that I can see the set up.

2. Always buy on dip or sell . Dip or High refer to fibo retracemet amount of 50%

3. Entry is set by few factors like fibo level, breaking of trendline, a couple MAs, candlestick formation etc..

4. Account balance/equity is simply USD 215. Since my broker only allowed me to trade minimum 1 pip = 1 USD, I need to be quite careful.

5. This week I am looking to sell major pair only after it retraces to my fibo level. I.e selling .

6. Wish me luck. I really2 need that.

7. Sample of the chart:

I need you lot of success in your trading journey as luck should not be a part of a trading egy additionally will be does help every now and than

Have Fun with it... I enjoy mine. .

Originally Posted by ;

Good Luck. I look forward to studying this diary because you progress. Have you got any weekly pip targets or monthly goals?

Jeremy

Currently no specific pips aims or monthly goals. Maybe later...

Originally Posted by ;

I wish you lot of success on your own trading journey as fortune should not be part of a trading egy also is does help every now and than

Thanks for dropping by. We should not depend on luck to succeed. But when there is news spike and your are 1 pip from being discontinued and also the market suddenly reverse...

Originally Posted by ;

Have Fun with it... I enjoy mine. .

Thanks, looking forward for this

On the lookout for a sell entry for major pairs, none detected. Prices haven't retraced much to at least 50% fibo amount of last week move.

Sorry for not upgrading.

I've changed my account to a broker which permits me to trade 1 pips 10 cent. The balance/equity is now usd 622.16 including a bonus 0f 90 usd. Will post my entry beginning this week

Cheers to all...

Originally Posted by ;

Sorry for not updating.

I've changed my account to a broker that allows me to exchange 1 pips 10 cent. The balance/equity is currently usd 622.16 including a bonus 0f 90 usd. Will post my entrance starting this week

Cheers to all...

Glad to hear that. Nowadays you have greater control on your risk

Trade safe and looking forward to your updates.

Best of Luck. I look forward to reading this diary as you progress. Have you got any weekly pip objectives or monthly objectives?

Jeremy