My trading journal

[jjshah]

could you elaborate what is tp and jpy.

quit some time i am watching your thread.

Satheesh

tp = take profit
jpy = japanese yen

 

[jjshah]

Why stop? Do continue.

It would help if you posted the trade logic too.

This is kind of my trading journal where I post my trades to keep track of record and people can also have a look at it. But expectations are growing higher and I can't cop up with that. This is the only reason i decided to stop. This system is very discretionary so very hard to explain everything. I use Fibonacci for target and stop loss.
Not sure i will continue posting any more.

 

[jjshah]

Re: eur/jpy trade

short eur/jpy @ 156.70
s/l 157.17
tp 156.45

trade closed sl hit
-47pips
Total -38pips

 

[jjshah]

eur/jpy trade

may be last trade for this thread
short eur/jpy @ 157.15
s/l 157.80
tp1 156.05
tp2 155.45

 

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[Hafiz Sharkar]

You are on the right track, of course; depending on others trading strategy or system is not any permanent solution! In addition, if you can overcome learning difficulties in your demo, then surely you are going to make huge profits in your live trading! That’s the main advantage of learning! It takes time but the result is so much effective!