Fxtrading Journal

[nomx]

have closed the position at 1.0160 for +1 ..

[BenCapFX]

Hi nomx

Very nice Usd/Jpy trade. I had a bad session........check my thread.

Btw if you don't mind me asking what sort of money management do you use?

What I mean is how many Xmargin loss per trade total exposure at any one time........stuff like that.

Peace

[nomx]

so current total is like this

EURUSD -9
EURUSD -41
USDJPY -12
USDCAD +36 + 41 + 1 = +26
USDJPY +25 + 41 + 28 = +31
USDCHF +1

total = -4 pips current

[nomx]

Originally Posted by BenCapFX

Hi nomx

Very nice Usd/Jpy trade. I had a bad session........check my thread.

Btw if you don't mind me asking what sort of money management do you use?

What I mean is how many Xmargin loss per trade total exposure at any one time........stuff like that.

Peace

Hi BenCapFX.

I am checking your thread regularly

i am using always 5%-3% on my account divide my trades into 3 halves this way i can get out at different different levels depending on s/r .



regards
nomx

[nomx]

Originally Posted by nomx

so current total is like this

EURUSD -9
EURUSD -41
USDJPY -12
USDCAD +36 + 41 + 1 = +26
USDJPY +25 + 41 + 28 = +31
USDCHF +1

total = -4 pips current

Here i am dividing my total profits by 3 cause as the position get out so as the dollar value in profits for the remaining.

[nomx]

took short usdjpy 106.25 with stop 106.55

[nomx]

closed at 106.35 for -13

[BenCapFX]

There Is Trendline Resistance @ 106.45 Fib Resistance At 106.58
These Are Bid Pricesbtw.