The title says it all, another crap day for the scalper and i am beginning to think the markets have eyes and ears - they knew i was coming today and decided to play havoc with my weekend plans...........
Had a trade short on the good old breakout, managed to move SL to B/E and it got hit, so still on +155 for the month.
I had 8 trades on the scalper, 6 losses and 2 wins, carnage is the only way to describe it. Luckily the last two trades i placed, hit both my targets, so made the total a little bit more respectable, but not much. Finished on -84 for the morning work, so this brings my total for the month down with a BANG!!!
My percentage increase for the month so far is +20.7% and this is all down to the breakout with it's great R/R of 5:1. Just need the scalper to find its feet again.
Result for the month so far:
Breakout = +155 - Total for the yr (starting from the 4th Jan): +125
Scalper = +16.2 (I missed some profitable trades early on in the month due to having to look after the little one, so for accurate results i need to add 50 pips to the total, but will keep it as it is as these are my actual results) - Total for the yr (starting from 1st Feb): +451
That's it for the day. Going to Birmingham this weekend to see one of my favourite DJ's play, so should be a good one. There's about 6 of us going out, so will have a sore head on Sunday i reckon.
Have a good weekend everyone.
Friday, 19 March 2010
Thursday, 18 March 2010
Gave most of it back
Today was a little better for the scalper, started off with a near enough perfect trade short on EJ, which bagged me a nice and easy +62 pips, then got a bunch of other signals, some winners, some losers and actually ended up giving most of it back to the markets or as someone i trade with likes to say, 'loaning it to the markets'. Ended up +13 pips for the mornings work and it makes me think why didn't i stop at the EJ win. It's a difficult one and something i am toying with at the moment. I am looking at stopping early if in a decent profit, doesn't suit everyone, but i think may suit my trading style. I will do a lot more research on it first and may implement it into my trading plan.
My breakout was a no trade so still on +155 pips for the month, so happy with that.
Result for the month so far:
Breakout = +155 - Total for the yr (starting from the 4th Jan): +125
Scalper = +100.2 (I missed some profitable trades early on in the month due to having to look after the little one, so for accurate results i need to add 50 pips to the total, but will keep it as it is as these are my actual results) - Total for the yr (starting from 1st Feb): +535
That's me done, my Mum is having Tia today, so going to chill out for most of the day, may just catch up on some sleep. Good luck.
My breakout was a no trade so still on +155 pips for the month, so happy with that.
Result for the month so far:
Breakout = +155 - Total for the yr (starting from the 4th Jan): +125
Scalper = +100.2 (I missed some profitable trades early on in the month due to having to look after the little one, so for accurate results i need to add 50 pips to the total, but will keep it as it is as these are my actual results) - Total for the yr (starting from 1st Feb): +535
That's me done, my Mum is having Tia today, so going to chill out for most of the day, may just catch up on some sleep. Good luck.
Wednesday, 17 March 2010
Poor Day
The scalper is having a poor few days and is def going through a rough patch, hopefully i will start seeing some decent results shortly. Today was another one of those trading days where i wish I'd of stayed in bed, a -15 on the breakout and a -49 on the scalper. These days you have to take on the chin and that's exactly what i'm going to do.
A few traders in my live trading room have started to trade the scalper and low and behold as soon as they did, it's taken a downturn. It's funny, but this occurs very often when a new strategy is introduced, i'm beginning to think that the markets are actually intelligent and know what's going on, or is that me being paranoid.....
Result for the month so far:
Breakout = +155 - Total for the yr (starting from the 4th Jan): +125
Scalper = +87.2 - Total for the yr (starting from 1st Feb): +522
Chelsea where knocked out of the Champions league last night, that's another blow for me as i had a bet on them to win it. So the middle of March is causing me a bit of grief, both in trading and footy betting, but aye, such is life.
I fly out to Thailand in 2 weeks to go house hunting for the big move end of this year and my little girls passport has been lost in the post, so have to go sort that now as well, GGGRRRR!!! Things can only get better aye.
Have a good day.
A few traders in my live trading room have started to trade the scalper and low and behold as soon as they did, it's taken a downturn. It's funny, but this occurs very often when a new strategy is introduced, i'm beginning to think that the markets are actually intelligent and know what's going on, or is that me being paranoid.....
Result for the month so far:
Breakout = +155 - Total for the yr (starting from the 4th Jan): +125
Scalper = +87.2 - Total for the yr (starting from 1st Feb): +522
Chelsea where knocked out of the Champions league last night, that's another blow for me as i had a bet on them to win it. So the middle of March is causing me a bit of grief, both in trading and footy betting, but aye, such is life.
I fly out to Thailand in 2 weeks to go house hunting for the big move end of this year and my little girls passport has been lost in the post, so have to go sort that now as well, GGGRRRR!!! Things can only get better aye.
Have a good day.
Tuesday, 16 March 2010
Scalper took a hit!!!
Good morning everyone, hope your trading is rocking on........
My breakout activated for a short, was looking good, then at 0745, it totally changed direction and started to shoot upwards. Wasn't too bothered by it though as had moved my SL to +20, so bagged them pips and moved on. Breakout is now on +170 for the month and with my original SL set at 15, i am confident i will have a profitable month.
The scalper is going through a rough-ish few days, but just got to take it on the chin. I like to compare my trading to a good footy team, you have great periods of the season, then usually a dodgy few games and then a good period again. As long as your up there at the end, it's all that matters. I'm going through that rough period of the month with the scalper, but still up near the top of the league!
Result for the month so far:
Breakout = +170 - Total for the yr (starting from the 4th Jan): +140
Scalper = +136.2 - Total for the yr (starting from 1st Feb): +571
That's me done again. Just want to thank those of you who read my blog, it's much appreciated. Happy pipping!!!!
My breakout activated for a short, was looking good, then at 0745, it totally changed direction and started to shoot upwards. Wasn't too bothered by it though as had moved my SL to +20, so bagged them pips and moved on. Breakout is now on +170 for the month and with my original SL set at 15, i am confident i will have a profitable month.
The scalper is going through a rough-ish few days, but just got to take it on the chin. I like to compare my trading to a good footy team, you have great periods of the season, then usually a dodgy few games and then a good period again. As long as your up there at the end, it's all that matters. I'm going through that rough period of the month with the scalper, but still up near the top of the league!
Result for the month so far:
Breakout = +170 - Total for the yr (starting from the 4th Jan): +140
Scalper = +136.2 - Total for the yr (starting from 1st Feb): +571
That's me done again. Just want to thank those of you who read my blog, it's much appreciated. Happy pipping!!!!
Monday, 15 March 2010
Mixed Bag!
Another Monday is here and another low pip count for the scalper.
Friday started badly, but ended strongly and if you remember i had one trade still active on Friday, which eventually came in for me, so +20 pips to add to my figure from Friday's results.
Today was another dodgy start, but a decent enough finish, ended up in profit in the end, with a cracking +3 pips. WOW!!! But still a profit and adding it to my total for the month it is still looking strong.
The EMA was running through the box on my breakout so a no trade. That is still on a nice +150 pips for the month, so in a strong position there as well.
Result for the month so far:
Breakout = +150 - Total for the yr (starting from the 4th Jan): +120
Scalper = +177.2 - Total for the yr (starting from 1st Feb): +612
That's me done, a slow day, but that's trading for you. You can't rake in the pips everyday, but if your up overall at the end of the month, that's all that matters.
Have a good afternoon.................
Friday started badly, but ended strongly and if you remember i had one trade still active on Friday, which eventually came in for me, so +20 pips to add to my figure from Friday's results.
Today was another dodgy start, but a decent enough finish, ended up in profit in the end, with a cracking +3 pips. WOW!!! But still a profit and adding it to my total for the month it is still looking strong.
The EMA was running through the box on my breakout so a no trade. That is still on a nice +150 pips for the month, so in a strong position there as well.
Result for the month so far:
Breakout = +150 - Total for the yr (starting from the 4th Jan): +120
Scalper = +177.2 - Total for the yr (starting from 1st Feb): +612
That's me done, a slow day, but that's trading for you. You can't rake in the pips everyday, but if your up overall at the end of the month, that's all that matters.
Have a good afternoon.................
Friday, 12 March 2010
Bad Start, Great Finish!
The title says it all today, a few dodgy set ups on the scalper then boom we hit a good run. Currently on -39, but with one EJ Long still active, hoping for it to hit 2nd target soon.
The old faithful bagged me another 75 pips today (get in!). That puts it on +150 for the month, i think we are back in business!!!
Result for the month so far:
Breakout = +150 - Total for the yr (starting from the 4th Jan): +120
Scalper = +154.2 - Total for the yr (starting from 1st Feb): +589.2
One trade still active, EJ long
That's me done, have a good afternoon.
The old faithful bagged me another 75 pips today (get in!). That puts it on +150 for the month, i think we are back in business!!!
Result for the month so far:
Breakout = +150 - Total for the yr (starting from the 4th Jan): +120
Scalper = +154.2 - Total for the yr (starting from 1st Feb): +589.2
One trade still active, EJ long
That's me done, have a good afternoon.
Wednesday, 10 March 2010
Classic Breakout
Gooood morning!!!!!!
Another great morning and good enough for me to actually finish for the day at 0845, now that sounds good to me cheeko..... This time it wasn't the scalper believe it or not, it was my old faithful...... yep the BREAKOUT!!!!!! +75 on that one this morning, with what i can only describe as a "classic breakout" to the short side. A nice easy +75 was bagged, which was a surprise after the very slow start to the year.
The scalper threw up two great signals, one on EU and the other on EJ at 0630 to go short, which would have been the perfect set up, but due to me changing my start time to 0700, i missed them, but not to worry. After the great result on the breakout i have decided to finish early again (part timer i hear you all shout!).
A comment was made in my live trading room this morning in reply to me stating i was probably going to finish with a +75 in the bag: "good enough Shane, looks like some of us here are learning to take whats on the table." I think this is a very good point and something i will be looking at more closely. Sometimes i think i am prone to over trading, which can result in me turning a profitable day into a loser, so will be looking at possibly stopping if i bag a lot of pips early on. Watch this space............
Result for the month so far:
Breakout = +75 - Total for the yr (starting from the 4th Jan): +45
Scalper = +193.2 - Total for the yr (starting from 1st Feb): +626.2
That's me done again, off to the cinema to take advantage of Orange Wednesdays i reckon, have a good en...... Oh Man U and Milan tonight, should be a corker, but will be staying away from the Stella's - LOL!
Another great morning and good enough for me to actually finish for the day at 0845, now that sounds good to me cheeko..... This time it wasn't the scalper believe it or not, it was my old faithful...... yep the BREAKOUT!!!!!! +75 on that one this morning, with what i can only describe as a "classic breakout" to the short side. A nice easy +75 was bagged, which was a surprise after the very slow start to the year.
The scalper threw up two great signals, one on EU and the other on EJ at 0630 to go short, which would have been the perfect set up, but due to me changing my start time to 0700, i missed them, but not to worry. After the great result on the breakout i have decided to finish early again (part timer i hear you all shout!).
A comment was made in my live trading room this morning in reply to me stating i was probably going to finish with a +75 in the bag: "good enough Shane, looks like some of us here are learning to take whats on the table." I think this is a very good point and something i will be looking at more closely. Sometimes i think i am prone to over trading, which can result in me turning a profitable day into a loser, so will be looking at possibly stopping if i bag a lot of pips early on. Watch this space............
Result for the month so far:
Breakout = +75 - Total for the yr (starting from the 4th Jan): +45
Scalper = +193.2 - Total for the yr (starting from 1st Feb): +626.2
That's me done again, off to the cinema to take advantage of Orange Wednesdays i reckon, have a good en...... Oh Man U and Milan tonight, should be a corker, but will be staying away from the Stella's - LOL!
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