Freebies Journal

Hi everyone, I will post my trades here from tomorrow onwards. Hopefully, this exercise will help reinforce my discipline in following my trading plan. Any feedback is wholeheartedly welcome.

hello,
Good decision please post your trades but please post very carefully beause if anybody follow your trades then he got profit then he will happy but he will get loss then he will suffer so please post very carefully. and once again all the best.

regards,
k.n.v

Best of luck freebies, we look forward to seeing your trades. Don't worry about if people are following your trades or not, that is their decision, this is after all a journal not an alert service.

15/05/2006

EUR/USD:
Short - 2 Lots - Entry Order at 1.2834
Stop Loss: 1.2861

Signals: Trendline retest, Hidden Divergence on CCI

Let's see how the trade works out

Trade has been good so far. Closed 1 lot at +30 pips. For the other lot, I moved my stop loss to +10 pips to lock in some profit.
Chart included below. Happy trading.
Update: Closed the second lot at +18 pips.

15/05/2006
AUD/USD:
Long 0.7631 - Stop loss at 0.7605
Since this is a counter-trend trade, I enter only one lot. I will monitor this trade very carefully and get out as soon as I have reasons to worry.
Signals: Double bottom, Regular Divergence on MACD and CCI. Triggered by MACD Histogram crossing 0 line.

I closed the trade for 21-pip profit as news is about to come out. Today has been good to this little asian guy .

15/05/2006
EUR/USD:
Short - 1 Lot - Entered 1.2832 - Closed 1.2804

16/05/2006
USD/CAD
Short - 2 Lots - Entry @ 1.1161
Stop Loss 1.1175

Hi Freebie,

How did u get the two indicators to show together ie 14 cci and 50 cci in metatrader.

thanks,
traderandreas

Simply drag and drop the second indicator onto the first indicator's panel.

Thanks freebies for the help, done it and it works.
traderandreas

Closed one lot at +22 pips. The other lot, move stop to +10. Let it run for a while.
Sorry for a typo. Text on the image should read "Double Top and Divergence".
Update: Second lot got stopped out for 10-pip profit.

16/05/2006
USD/CAD
Short - 2 Lots - Entry @ 1.1101
Stop Loss 1.1115
Update: Stop Loss hit

16/05/2006
USD/CAD
Short - 2 Lots - Entry @ 1.1110
Stop Loss - 1.1125
At the time of this posting, price is at 1.1092, therefore I moved stop loss to breakeven for both lots.

But what U.S. brokers use or offer MetaTrader? Would you have to pay extra?
Thanks,

MetaTrader is free to download at www.strategybuilderfx.com

USD/CAD closed for +17 pips each lot.

Hi freebies,

Could you share your system with us so we can follow your trades.
ie ma settings, time scales, when you trade etc.

Your trades so far have been excellent.

thanks,
traderandreas

For every trade I take, I often include a brief explanation of what gets me in. My trades will eventually reveal bits of my methodology. It's not a system. It's somewhat discretionary with a set of rules for entries and exits. As I live in Vietnam and still go to graduate school in the morning and early afternoon, I mainly trade Euro and US sessions.