Dons trading journal GBP/USD

[Don4]

Im curently long looking for tp at 2.0055

[Don4]

Finally took profit on yesterdays long trade at 2.0055 +4%, this morning placed a short trade that was stoped out -2%.

[Don4]

No trades today!!!

[Don4]

Well went short this morning with a take profit of 1.9871 TP hit +4%.

[Don4]

I was short this morning before the nonfarm release,needless to say stoped out for -2%.(was slipped a little)



Total Pips- +234
Equity- +19.6%
Win%- 44.83%




http://www.traderslaboratory.com/for...1&d=1178288813

[Don4]

Well I have been pretty bored the past few days, so i figured i would try and come up with a long term system off the weekly charts, just to pass some time(and to help a friend) this is still very early in my testing but would like to get some opinions. The rules are- 1 trade a week with 6% risk with a R/R at 3 to 1. I tested this on the past 40 weeks I know this is very early in testing,ill probably go back at least 3 years then forward test a while on demo(if it makes the 3 year test) all testing is done manually so i can get a feel for how it will work. What do u think? is 6% to much per trade even though it is 1 trade per week.Some weeks there will be no trades.


http://www.traderslaboratory.com/for...1&d=1178495973

[Don4]

Im long with TP of 2.0023.

[Don4]

Stoped out -2%.

[Don4]

Yesterday no trade, today tp was hit for +4%,now i have been looking at a longer term system and i believe im onto something good, im going to test this theory with a live trade, i entered at 1.9939 stops are at 1.9924 and tp is at 2.0124 the R/R was to good to pass up so we will see how it goes!!! And no this wasnt a miss type

[Don4]

well my long shot was stoped out for less than 1%,but that was a trade i had to take. The good news is this morning i had a sell sig (on my short term system) and as it stoped one out my TP was hit +4%