Thread: Ice cream 2.0 Journal

Hello everyone,

I guess I want to start implementing a journal to my own trading. I tend to have a little busy in my trading so I want to record myself and become disciplined and that I guess this may help.

I am an intermediate trader with three years expertise not neccessarily excellent experience. I am not full time. I have only broke even for the season and I think I am getting better. This Journal will hopefully solidify that.

I Am just starting out with demand and supply levels coupled with FIBs and Pivots. I also run a few EAS which have established profitable. One is commercial so that I wont talk too much but I understand that the creator. The other two are private creations of mine I had either tweaked or made to perform far better. While the EAS run on one account I shall manually exchange on the other.

MY aim is NOT TO Eliminate MONEY! I dont think using a daily portion or pip value is useful. It compels you to take bad trades in the event the market stinks and cease when the market heats up. This is to help me develop a trading program. I utilize a lot of limit orders in my manual trading thus use them at your own risk.

I boils down to seven or eight pairs for now and may down it farther if I get confused until I master Offer and demand. Looking at a lot of charts without enough screens can cause confusion particularly if starting out with a new method. My purpose is to have sufficient capital to buy a new or good used trading channel by the end of the year.
The next target would be to go whole time six months after that.

Wish me luck

Okay Im somewhat lazy about drawing lines on charts. I figure if there is a tool for a job then I must allow it to do the job. Why use a handsaw to cut a tree down when you have a chainsaw lying around.

A number of those indiors are donational in nature. They are not mine. So I will not post them. While I earn some money from them I intend on donating. But I dont believe they'd allow me to post them. The twonigeriaforextradingand also the coder. If you'd like these google around and you will find them.

The boxes represent regions of supply and demand. They are multi Time frame in nature.

Green -Chart time frame provide
Light red- chart TF demand
Aqua- Daily Supply
Orange-daily Demand
Purple-weekly provide
Yellow-weekly demand
Solid boxes are virgin zones and hollow boxes are touched zones.

I then placed a daily Pivot on my chart because I typically work with the h1 TF or sometimes the m15 or m5 for a fast scalp but Im trying to get away from that. H1 is nice and simple to begin with

The blue lines on both sides are many different fib retracement and expansion levels.

The green squiggly lines will be the 50 period Bollinger band.


It is advisable to go and observe Sam seiden videos before your eyes bleed I'm not going to describe supply and demand. See the movies. Then read all the way through Rocky's journal to find out the remainder. Then hang out with deankenney in his skype room. He is somewhat more of a purist than I without his meteoric rise I wouldn't have been convinced of these methods. This is a journal for my own selfish purposes.

Today the more conditions that are met the better probability of having a good trade.


State one -we attained a GOOD supply or need zone (check origin of zone to see whether price moved sharply off for a two to one reward to rsisk ratio)

Condition 2 - Zone confluences with Fib degree

Condition three- Zone confluences with pivot degree

Condition four- current Timeframe zone is inside Daily or weekly zone of same type.

State five- Price is outside of Bollinger band while inside the zone

The longer conditions are met the greater the trade probability. One through four could be observed in advance. Number five cannot

So I place A limit buy in a need zone or a limit sell in a distribution zone and await price to come and fulfill my limit. My stop is a few pips past the outside border of this zone and also my first goal will be a few pips away from the inside edge of the opposite zone for a 2:1 reward to risk. I use and EA that draws draggable lines for SL, TP, and BE. And I've drag and drop progr to place and alter my limit orders. As I mentioned before I am idle and if I could get a tool to do the task all the better.

This is untested so Im not going to give the template or the indies. This is a journal. If you would like to follow along thats excellent! Its for me to develop a little bit of subject I have been lacking.

So far My trades happen to be lack luster.

Two Usd sgd trades ceased out for gt;.5% each.
G/y trade ceased for BE 1


E/u commerce not triggered. Have put up limitation marginally lower searching for a retrace until it takes off. I believe it will short big time on tuesday.

Set up all charts on one hour because the stop workouts appear to occur at the fifteen and don't allow enough wiggle room. Will continue superior money management until my eye gets somewhat better than that I can risk more.

One hour doesnt have me running to the computer screen every few minutes because some minor SZ or DZ was hit. Columbus day and JPY holiday caused narrow markets making retracing nearly an impossible jump to get on the train ride of this dollar bear run. Fortunately Badass caught on the trend. Nevertheless holding some drawdown down reduced but will make up a little additional profits before I cut them loose.

New EA hasnt traded today. Its a picky one. LOL But I know its a great one.

Reminder to put Rapture on retail sales coming up and loing other Spiker news occasions.

I have been waiting for levels on levels to continue trading. Once more I had been stopped out on a fantastic cable commerce before it took off. I think I'm still not givin g the transactions the breathing room they want while going optimistic. Will continue to gradually increase Break even markers.

Rapture EA is doing nicely. Founded on Ozzie NFP also it required in several pips. Not so great on retail revenue. I kept it on too long on usdcad and lost a few pips in the procedure. But gained more than missing.

Badass Ea continues to perform as anticipated but holding a signifigant draw down. Its more or less operating at the back ground today.

No transactions on my buddies EA. The silent one I'll call it. LOL

Over all profit in the account this week was 5%. Not too bad. I expect this to go up as my guide method improves. The E/u will probably be setting up for some shorts this week because we've penetrated deep into daily supply. Looking for shorts at hourly supply areas. If daily supply holds other pairs must fall into line by mid week.

Opened a free trading room on anymeeting.com


http://www.anymeeting.com/badass1

I'll be available mostly during the asian session and possibly ealry london occasionally. Basically will ensure it is available for everyone. A place whwere we can share screens and Ideas.

Sorry I havent posted. Been crazy busy a week. Upping my risk since I am now more comfortable with the template and have modified it.

Couple of great manual transactions but My discpline in recording was lacking. Need to keep up what I began as this was my biggest down fall.

Also added a trend tool when price is in between major zones. Will newspaper trade this new idea to find out if its possible.


Opening up room this evening if you want to hang out and knock back a cold one and also look for swing opps with me.

Will open up it about 6pm EST.. Nothing webinary. Just hanging out and people swapping screens and fish tales.

Hi folks. Been flying in the real world for a while. This diary is more for my own wants but if anybody wishes to join along I'd be happy for the firm.

I had a series of unfortuante events which forced me to pull my Risk capital. Today Hoepfully most of these things are supporting me. Being a father, husband a buddy and having a full time job makes trading occasionally difficult but I do know if I continue to persevere I'll make itin this match.

Some of my approaches are somewhat unconventional but I have adopted more conventional items. I exchange support and resisitence using trend lines as well a s fib or two. I adopted a new egy that keeps me out of trouble. It is a homemade Oscillator based on moving averages. Back in the saddle for a week and I just a couple of pipssdown. This week has been crazy. However, my new oscillators show clearly the reason why.

Will post some screen shots later. I still follow sam seidens teachings as well as rugged's journal. I hope to be as great as them one day. Time can make this difficult however.

Ok This works. The JMA Oscilattor is the combo of both histogr beloow. This shows you the slope of this Jurich Moving Average (basically an high reactive MA.) The best one is the 4h and the lowest one is the m15.

I've horixzontal lines Put on the 4h in .007 and -.007. These inform me that the uper levels tendencies strength. If it passes those lines items are starting to heat up and thats a fantastic thing! If its inside these lines then price is just meandering so I either stay out or trade with very small lots range trading using s/r.

After outsdie the lines I can safely exchange (or even more safely commerce ) At the direction of the top level trend. I then use the base histogram that seems for retraces contrary to the top level trend aand trade off of supprt and resistance lines in addition to trend lines.

All lines and charts are automated. Im lazy so I search for tools to do the job. Now was extremely slow and only manged to lose approximately 3 pips. Can't wait for my oscillator to give me the green light.

Set my rapture EA to get Ozzie new tonight. Rapture wouldn't work on my previous broker. Lets see what it will with my new broker.

Just managed a 1.5% increase in equity according to ECB rhetoric. Chickened out early because it would have been an easy 3% but I listened to a few too many bears. Hanging on for tomorrow.
Going camping this weekend so My moment might be somewhat scarce. Got Wi fi acces although not sure I'm likely to utilize it.