Comments for ICHIMOKU FOREX TRADING JOURNAL

Comment on Greetings by Soheil

Soheil — Thu, 17 Feb 2011 22:06:24 +0000

Good Day Kingich,
thanks for the post.
I started trading this method since May 2010, using the Ichimoku system. things were awesome at first and i managed to gain 50% on my trading account, but gradually i lost it to the market again.
As soon as i got close to my original investment, i stopped trading. something was wrong so i had to figure out the problem and fix it.
I quit trading and got back to planning board. i have been working on my trading skills ever since and i tried to own this trading system as much as i possibly could.
this is my suggestion to everyone reading this post as well . we have hundreds and hundreds of trading systems out there but unless you pick one, work your A.. off making it your own and know all its ins and outs, there will be a very slim chance of winning in this market.
what really helped me a lot was using the back testing applications that help you test your strategy in real time and with historical data.
i strongly recommend these types of tools and urge everyone to dive deep in whatever systems they are most comfortable with and study the price action behavior on the selected system.
I have a very busy schedule so i did not have a chance to post my new three trades which all were winning trades on my blog.
i will hopefully post them here in near future.

Comment on Greetings by kingich

kingich — Thu, 17 Feb 2011 21:04:53 +0000

Hi buddy,

I’ve also been trading on Dukascopy. You stopped writing blog, what’s the matter? Trading isn’t going well?

Let me know, I’m struggling too, maybe we can exchange some experience

best regards,

ivan

Comment on USDCHF Long Trade by Soheil

Soheil — Fri, 21 May 2010 03:51:25 +0000

Hi Asher,
It is an honor to have you here buddy. you are right, it was a 4Hr chart and exit was not quite clear. i replaced it with the 1Hr instead.
i move my stop with the previous heiken candle’s open and as it is clear now, price hit my stop and moved a little bit higher. but it is still in the same range and it does not worth the nerve racking wait for it to break to the upside. i have set alarms and will jump in if the alarm is triggered.

Once again, i am proud to see you here and will appreciate if you drop by from time to time.
Cheers.

Comment on USDCHF Long Trade by Asher

Asher — Fri, 21 May 2010 02:54:15 +0000

Good Trade, nice use of Heikin Ashi however I could not understand your Exit point.

BTW, thanks for linking to my Blog.

Cheers.