A Systematic Trader's Journal

All positions closed out.  long 30000 aud at 0.7771, stops at 0.7700. Should be all for today. Breakout of either side will definitely emerge as a new trend.  Good trades to all.

Reversed to short 100,000 AUD at 0.7747. Stops at 0.7777 Cheers

I am long 1,000 AUD/USD at 0.7780, 14,000 at 0.7779, and 35,000 at 0.7792. Good trades to all.

 Dear mates, The day has been challenging day for me where I have realised a few mistakes that I could have been on today's losses. Yes, I have to admit that both trades today were made with negligence and with little vigilance. I will thus avoid making this same mistake by not trading between  SGT 0800hrs  (0000hrs GMT) and  SGT 1630hrs  (0830 GMT) daily, as I admit that I am not very focused within that time of the day. Trading time horizon may be in a matter of minutes. Trades are made in a manner that will consistently look forward to an exit on the short term, although it has a primary target that will be looking forward to stay on a trend for the long term. This method may not be a conventional strategy that you may agree with, but it is something that has worked for me for a period of time.  I shall leave no stone unturned from my next trade, in addition, I would want to remind everyone who is reading this that there is no strategy that is fool-proof and free from losses, th...

30,000 GBP/USD was exited at 1.7721.  Stops for 20,000 GBP/USD was shifted to entry price at 1.7682.  Good trades.

Hi guys, For your info, I am long 50,000 AUD/USD at 0.7903, as well as 50,000 GBP/USD at 1.7681. The stop level for both position will be 100 pips away from entry price. Existing long position of 15,000 GBP/JPY, remains open at 189.49.    Will be looking forward to reduce my position before tomorrow's voting with the congress, and the NFP announcement.  Good trades to all. 

For your info, I have just made a 15,000 long position on GBP/JPY at 189.49. 

Hi all, It has been another interesting week that will make history in the global financial markets where the US markets lost a total of $1 Trillion on the market bourse, as Dow was down  777  points closing 10,365.45, Nasdaq down  199  points closing the day at 1983.73, S&P 500 down by  106 points closing the day at 1106.39, in the US market trading. Asian bourses was pretty weak gaining what was lost from the opening at mid-day with STI closing down  2.43  points at 2358.91, Nikkei 225 closed down  483.75  points at 11259.86, Hang Seng closed up  135.53  at 18016.21 (where tomorrow will be a public holiday), and Chinese stock exchanges closing for the week for National Day. The selling in the earlier session was sparked by a rejection of the bailout plan that was proposed by Henry Paulson, and his Fed aides, as many market participants held high hopes of the implementation of the proposed rescue package. In my opinion, a veto on the proposed bailout plan may not exactly be a wron...