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Trader Johns Journal


trader.john

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Hi,

 

I would like to start a thread wherein i will put entries, TP and SL levels for some of the trades, I will be taking.

 

Hopefully, some of you will benefit from those entries. Note that this is not a trading advice, but just the trades i intend to take.

 

Let me also tell you in the beginning that, I am not a super success trader. So, pls do not take any trades, blindly.

 

My aim is to make to 250 pips every week.

 

 

bye 4 now.

 

 

rgds

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Re: Trader Johns Journal

 

Hi,

 

I am just a Price action trader. I just follow the rules below:

 

rule 1: Trade only with the trend

rule 2: look for a bearish/bullish candle formation after some retracement at support/resistance level.

rule 3: Only look at TFs 4 hour or above.

rule 4: stay away from major news announcements.

 

 

I hope this helps.

 

rgds

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Re: Trader Johns Journal

 

Hmm.. I am also trying to get good trade based on price action.

 

So far, I am using only pin bar mixed success so far.

To you, what type of candle is important to you & make u think u going to trade it?

 

What is the bullish & bearish candles u will look at?

 

Thanks... Sorry to ask so much questions. Cos I want to learn as much as I can now.. Since now there r someone able to guide me in it..

Thanks

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Re: Trader Johns Journal

 

The flight took off without me. the low was 85.50, shy of 20 pips. but, already hit my first target.

 

let us wait for another setup.

 

 

rgds

 

 

 

Hi,

 

another trade, i intend to take is:

 

buy CHF/JPY:

 

Entry: 85.30

SL: 85.00 (better 84.95 because 00s are always stop hunter)

 

TP1: 86.00

TP2: 88.00

 

rgds

 

as always, not a trade recommendation. compare this with whatever is your strategy

 

 

 

rgds

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