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Ijak's Trading Log, Try to get my 1st $1000 Withdraw

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  • #16
    today I have a lot of work to do and only now I have time to update my journal
    And today , we only have one important USD news

    today i do some multiple entries



    Buy HK50 (Hanseng )
    Reasojn : engulfing on m15

    [SPOILER]

    [/SPOILER]
    Indices trading have different sensation, although the spreads are small, but we can quickly experience a plus or minus in one single moves
    Closed profit +40$

    and after that i bought GBPUSD and sold EURGBP
    [SPOILER][/SPOILER]
    Got tight spread , and closed by my trailing stop

    And i now i try another trading instruments provide by Tickmill, which is JPY225 (Nikkei)and EURJPY
    Reason : engulfing on MA
    [SPOILER]

    [/SPOILER]

    Comment


    • #17
      Sell EURGBP
      god, I hate this Inverted Cup and handle Pattern.


      [SPOILER]
      [/SPOILER]

      Example of Cup and handle Pattern in WTI/CL

      [SPOILER]

      looking this WTI, makes me wanna open a trade, because my broker uses fixed 1 lot , and 1 lot = 0.01$ / pips which means i trade WTI with cent account
      [/SPOILER]

      Comment


      • #18
        Try To buy NZDCHF

        Finaly i am back trading forex, because indices trading is very painful.
        For smallest lot in my broker, smallest used margin is in JP225 , it is around $14-$15. not to mention, index have very wild movement.
        need bigger balance sigh
        and looks like they applied 1:100 leverage in all indices instrument
        [SPOILER]

        Reason, hammer on MA with counter sell if it become invalid
        [/SPOILER]

        Comment


        • #19
          Finally got margin called
          and based on FXBlue statement
          My total deposit/WD in Tickmill via skrill or fasapay are :
          Deposit : $178.37
          WD : $221.34
          WD - Deposit = $42,97

          so with my total net WD , i can say, i am still losing my money.
          But no problem.
          I cosider this as my learning experience .
          and i learned in hard way, in the next trades, i better do not touch indices , because if i trade with minimum amount i better trade WTI because even WTI used margin is relatively big because it is using 1:100 leverage, but WTI smallest lot is cent pips . so it is better for money management

          This journal will be my documentary repot so i can study my mistakes and become a better trader in near futures

          and like arnold said in terminator.

          " I'll be back"

          The End of Part 1

          Comment


          • #20
            Deposit Small amount before NFP
            and taking advantages from this volatile news .
            Sell USDCHF and CADCHF because in TF H1 already formed continue pattern.
            so lets hoping its valid


            [SPOILER]

            [/SPOILER]

            Comment

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