[FareTrade]

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!

[FareTrade]

Here are two trades which I opened today.

Swiss Franc. Opened Long position with wide stop.




British Pound. Nice buy from volume level

[Mysticforex]

Hi Faretrade ! Welcome.

What are you trading the CHF against? And, you promised to give your reasoning behind taking the trade.

[Mysticforex]

Hi Faretrade ! Welcome.

What are you tradinf the CHF against? And, you promised to give us your reasoning behind taking the trade.

[FareTrade]

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

[FareTrade]

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.

[FareTrade]

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

[Mysticforex]

Hi Faretrade,

I guess this is what has me confused, the prices on my chart are not at the levels that yours are.