Thread: My Asian Breakout trading Journal

Originally Posted by ;

Long GBP/USD triggered @ 1.7331
SL Proceeded to Violate even

Short USD/CHF triggered @ 1.3117

Result for 27-Dec-2005
GBP/USD
Long:1.7331 SL Has Been triggered @ 1.7331 result:0 pip

USD/CHF
Short: 1.3117 Trade closed at 12 noon EST @ 1.3143 Consequence:-26 pip


Result for the day: -26 pip

Today's Entry 28-Dec-2005

GBP/USD
Extended:1.7340 SL:1.7300 TP:1.7397
Short:1.7265 SL:1.7305 TP:1.7208

USD/CHF
Extended:1.3174 SL:1.3134 TP:1.3231
Short:1.3109 SL:1.3149 TP:1.3052

GBP/USD Long triggered @ 1.7328, SL had been triggered @ 1.7288. Result: -40 pips

USD/CHF short triggered @1.3049, TP triggered @1.2992, Outcome: 57 pips

Result for 03-Jan-2006

GBP/USD
Extended actuated @ 1.7328, SL was triggered @ 1.7288.
Effect: -40 pips

USD/CHF
Short triggered @1.3049, TP triggered @1.2992.
Result: 57 pips

Impact for the afternoon: 17 pips

I have started Asian breakout journal since 21-December-2005. Here's the review of the result since that time.
I am trading both GBP/USD and USD/CHF. After reviewing, I have opted to extend profit taking target from High 70 to High 120 pips.

Date GBP/USD USD/CHF P/L
21-Dec-05 57 0 57
22-Dec-05 57 -35 22
23-Dec-05 30 4 34
27-Dec-05 0 -26 -26
28-Dec-05 104 0 104
29-Dec-05 -31 -73 -104
30-Dec-05 0 -26 -26
03-Jan-06 -40 57 17
Complete 177 -99 78

Result for 04-Jan-2006

GBP/USD
Long triggered @ 1.7547, SL proceeded to break and was triggered.
Result: 0 pip

USD/CHF
Short triggered @1.2815, Trade closed at EST noon
Result: 7 pips

Result for the afternoon: 7 pips
Result for Jan 06: 24 pips

Result for 05-Jan-2006

GBP/USD
Short triggered @ 1.7524, SL has been triggered.
Result: -40 pips

USD/CHF
Long triggered @1.2812, SL has been triggered.
Result: -40 pips

Impact for the day: -80 pips
Impact for Jan 06: -56 pips

Today's Entry 06-Jan-2006

GBP/USD
Extended:1.7586 SL:1.7546 TP:1.7693
Short:1.7511 SL:1.7551 TP:1.7404

USD/CHF
Extended:1.2806 SL:1.2766 TP:1.2913
Brief:1.2735 SL:1.2775 TP:1.2628

Note that NFP is released later of the day.

Result for 06-Jan-2006

GBP/USD
Long triggered @ 1.7586, TP has been triggered.
Effect: 107 pips

USD/CHF
Short triggered @1.2735, SL has been triggered.
Result: -40 pips

Impact for the day: 67 pips
Impact for Jan 06: 11 pips