Lorenz's Trading Journal

Trading Today, Friday March 14, 2008 (1)

lorenz — Fri, 14 Mar 2008 04:47:23 +0000

Sell USD/JPY @ 100,554 at 10:40 (GMT+7), SL=30 TP=

H1 chart:

Price below Gan Hilo, triggerlines is blue and solar wind is red, momentum below zero line

H4 Chart

Price below Gan Hilo, both triggerlines and solar wind are red, momentum above zero line

Trading Today, Monday March 10, 2008 (3)

lorenz — Wed, 12 Mar 2008 13:56:54 +0000

Open position:

Buy EUR/USD @ 1,54531 at 18:19 (GMT+7), SL=30 TP=40

H1 chart:

Price above Gan Hilo, both triggerlines and solar wind are blue, momentum pointing up above zero line

H4 Chart

Price above Gan Hilo, both triggerlines and solar wind are blue, momentum pointing up above zero line, strong bull

Close position

40 pips, TP Hit @ 1,54931 at 20:51 (GMT+7).

Trading Today, Monday March 10, 2008 (2)

lorenz — Wed, 12 Mar 2008 08:35:15 +0000

Open position:

Buy USD/JPY @103,170 at 15:17 (GMT+7). SL=30, TP=30.

H1 Chart

Price above Gan Hilo, triggerlines is blue but solar wind still red. Momentum is pointing up, still below zero line.

H4 Chart

Price above Gan Hilo, both triggerlines and solar wind are blue. Momentum is above zero line.

Close position:

-30 pips, SL Hit @ 102,854 at 17:26 (GMT+7).

Buy stop order from 06:53 @102,750 got filled at 17:27 manually closed @102,793 at 18:13 get 4.3 pips.

Price suddenly moves down, maybe there is a rumour or hidden news about USD. Big sharks are selling dollar again?Is the FED action last night with $200 billion injection into financial sector fail?Hmmm…market will tell. Meanwhile, just wait for the chance to buy back USD/JPY

Trading Today, Wednesday March 12, 2008 (1)

lorenz — Wed, 12 Mar 2008 05:38:35 +0000

Open Position:

Sell USD/JPY @ 103,278 at 07:01 (GMT+7) SL=30, TP=40. Take small retracement to daily pivot on Asion Session.

H1 Chart

Price below Gan Hilo, TriggerLines and Solar Wind are red, Momentum crossing down 0 line.Open position on opening of the second candle

H4 Chart

Retracement to daily pivot

Close Position:

40 pips, TP Hit (102, 878)) at 11:00 (GMT+7)

Trading Today, Monday March 10, 2008

lorenz — Mon, 10 Mar 2008 09:07:55 +0000

Open Position:

Sell USD/JPY @101,981 on 16:01 (GMT+7) SL=30, TP=30

H1 Chart

Price below Gan Hilo, Both Triggerlines and Solar Wind are red, Momentum pointing down below 50 line

H4 Chart

Price below Gan Hilo, Both Triggerlines and Solar Wind are red, Momentumbelow 50 line

Close Position:

-30 pips, SL Hit on 18:21 (GMT + 7)

Note:

This journal is based on my own analysis on H1, H4, and Daily Time frame and used in order to make me more discipline on trading practices.