FareTrade

Now it's time to tell why BP6 was opened in this exact moment Here is a snapshot of two week chart of British Pound with horizontal volume on it. You can see that there is a HUGE (marked purple) price level of interest - this is big boys positions. Than you can see last small area of interest (marked red) - this is the last accumulation. After touching this level and finding that there is no one selling - price jumped up. Here is close look on price-volume action at that day Price level which is marked green is the place where BP6 was supported by professional money - huge impulsive volume bursts after which price never go below. Ideal place to open LONG position is of 9:15. As you can see below there is a nice "tick reversal pattern"

Here is the BP6 trade ending I did close the position after big spike and as usual lost some of the profit. Nevertheless, the trade gave an amazing profit of 115 ticks. SF6 was a disaster trade which ended with a huge loss for me. The cause is the order type - DAY instead of GTC.

There is misunderstanding - your screen-shot says it's USD/CHF and I'm saying about CHF/USD. This way you will have no problems with quotes 8-)

Meanwhile I opened another LONG position today. The choice is CA6 - Canadian Dollar

BP6 is just a PERFECT trade! Just look at this beauty: That was an entry point and here is the position statement at the moment The algorithm of the trade was the same - I did cover half of the position on the beginning of the RALLY and then put stop on brake even level.

Hi! I do trade only major pairs - in this case this is Swiss Franc / USD. Well, let me finish this trade and I will explain all in details with screen-shots. Now I would only show trades in progress. By the way I entered the Swiss Franc on long side again yesterday. This BUY was performed right after this HUGE shake out: Few minutes after opening - I covered half of position and put stop in the brake even point. So now the position is still hanging and showing nice profit

Here are two trades which I opened today. Swiss Franc. Opened Long position with wide stop. British Pound. Nice buy from volume level

Hi everyone! I'm new comer to this forum. I do trade FX pairs for about one year. So you may say that I'm still a beginner. I want to start this thread in which I would post all my trades. Why do I need it? Firstly, I found lack of discipline inside me so I decided to post every trade with full description of motivation and answer on main question that every trader asks himself before entering the market - "Why do I enter the market here at this exact moment?". This way I hope I would be able to fix my over trading problem and will calm my emotion approach a little bit. Secondly, I would like to receive your comments and all your critics. This way I can see what you traders are thinking about the entry points and hopefully I will get some experience from you guys. So please write what do you think about all you will see here!