Thread: How I Trade While Working Full Time

Let's see if this journal thingy helps me become a better trader.

I'm able to trade any H4 candle during the week because of my schedule. I just trade at the direction of the D1 and W1 trend. I wait for pull backs to go into. While I see a set up I like I input at the opening of the Following H4 candle. The arrows in my charts mean I input at the open of the candle I'm pointing to. More rules to follow along as I post transactions.

I'm obviously going to attempt and post trades as they occur, but here's a recap of several trades for this past week:

GBPUSD, USDJPY, EURJPY, GBPJPY, EURGBP [a few to start. Too busy to find more right now.]

NZDUSD trades last week. Notice: trades are ENTERED at the OPEN of this candle that the arrow is pointing to. Yellow RSI line is D1 and gloomy RSI line is W1.

USDCAD trades. Note: 50% amount in MTF RSI decides trend: gt;50 = uptrend, lt;50 = downtrend.

EURAUD RECAP. Trading notice: this RSI MTF provides a different look over time. Thus, I refresh the charts just.

GBPAUD weekly recap. Trade installation: RSI MTF is set to two

CADJPY weekly recap. 1/14 midnight candle left me stress the movement had already happened so I waited to get an indecision candle. Then I jumped in with 3 positions during the next three candles - since RSI H4 lineup was still rising against the trend.

AUDJPY weekly recap. 1/14 midnight candle left me nervous about the move maybe already passing, so I waited to get an indecision candle and then entered on the open of the next candle - that also was an indecision candle. I didn't, although I must have entered because that's the rule. NOTE: the 3rd trade doesn't resemble a valid entrance, but AT THE TIME OF THE TRADE all the RSI lines were in order to sell. Again, refresh charts just before trading because historically, the indior will probably look different. NOTE: horizontal lines represent 100 pips on all my charts.

NZDJPY weekly recap. Additionally, have a look at the week before last - I still have some commerce entrances pictured on that candy downtrend. Of course, even a monkey could have made money during this tendency, right? Note that as this week began, this pair was consolidating. That is where many trend following methods fail. I still made pips throughout the range, maintained out of the imitation out uptrend and captured the downtrend once again later in the week. Naturally, I have losing trades/days. In reality, this method could have quite large draw downs because I could potentially open a couple of dozen transactions at the same time. But I usually come back with a vengeance. I remember being down 400 pips at one stage and then checking my accounts later in the day to find I had made about 800 pips and was therefore about 400 pips up to the day! Not for the faint of heart, I understand.

AUDCAD weekly recap. This pair gave me a few losses [120 pips complete ] to start the week and the W1 never crossed up over the 50 level to give me a chance in the uptrend.

CADCHF weekly recap. Second trade was a failure and I chose to await an indecision candle which never came so I overlooked the reversal. The consolidation later in the week produced a crystal clear signal so I missed the movement after that.