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Thread: TheDoctor Trading Journal - Multi Strategy Systems

  1. #1
    Hello, Traders/Readers/Visitors,

    This thread/forum is created to diary my trading journal and how I trade and position the market.

    About
    I have traded at the live market since 2010, doing so fulltime since 2012.
    Generally, I realized the market has both technical and fundamental trading facets.
    However, I personally prefer to check out the market purely on the technical side of things.

    Disclaimer
    Practice me on this trip to discover new trading chances if you're a newbie or perhaps veteran searching for another view to trade the market.
    I love to keep things simple here and use the naked chart as I trade solely on Price Action Trading and utilize Fibonacci based on my interpretation.
    That I have nothing to show off or boast around and not here to promote anything as well.

    Asking questions/comments
    I do not have every answer to everything, but that I will share with you my own personal views and trading experience of how I see the market and how I trade them.
    Please be precise in asking question 1 thing at one time, I do not have all knowledge to answer you afterall the market is a zero-sum game.
    I love to keep things simple, the market is either trending, sideway, or even arbitrary.

    Rules
    Please maintain my thread clean and hygienic from debate or flaming. Trading is a game, and I am not an ace! I also lose.
    However, I will attempt to be precise and accurate on my trading set up, as I think I will improve my subject and patience with a little more...
    I will moderate and ban people if I find the remarks unconstructive.
    Thank you!

    Trading Systems
    Range Trading to trade market
    Trending System follows the overall tendency on pullbacks.
    Breakout system which might be attributed to a high effect news event.
    Random system using pivot.
    Sampling new systems.

  2. #2
    Trade #1
    Date: 15th March 2018
    Currency Pair: $AUDUSD, #AUDUSD
    The machine employed: Range Trading

    Trader#8217;s Summary if any:

    AUS harbor#8217;t held over 0.79 for the last 24-48 hours. There was a strong spike yesterday following the core retail revenue (US) data which arrived weaker than consensus.
    Since then 0.7868 was providing interim service where another key support is 0.7845 level which was the support of the overall bullish AUD view.
    A fall below 0.7840 will begin to flip AUD to sideway market/bearish view.

    Trading Installation Market Economy Order: 0.78918 Stop reduction: 0.7920 Take Profit: 0.7860 Trade Management Breakeven: 20 points Trailing: 20 points Level: 0.7910 (If price closed below this amount, I might consider to cut or scale from position) 2nd Take Profit amount: 0.7830

  3. #3
    Quote Originally Posted by ;
    Trade #1 Date: 15th March 2018 Currency Pair: $AUDUSD, #AUDUSD The system employed: Range Trading Trader#8217;s Summary if any: AUS harbor#8217;t held over 0.79 for the last 24-48 hours. There was a powerful spike yesterday following the core retail revenue (US) information that came weaker than consensus. Since then 0.7868 was providing interim service where another vital support is 0.7845 level that was the aid of this overall bullish AUD view. A fall below 0.7840 will begin to flip AUD into sideway market/bearish view. Trading Setup Market Sell Order: 0.78918...
    Trade #1 transferred favor. [Green]

    Levels - 0.7864, 0.7840

    Pivot shifted to 0.7840 instant and 0.7864 for any service turns resistance

  4. #4
    Trade #2
    Date: 16th March 2018
    Currency Pair: $USDJPY, #USDJPY
    The machine employed: Range Trading

    Trader's Summary if any:

    Risk off sentiment up to now, JPY crosses are on its service amount and might fall but also a possible amount to buy.
    Buying USDJPY for slight recovery which may also be turned into a house run, if JPY stops strengthening and Dollar continues its rampage against other major currencies.

    Trading Installation Market Buy Order: 105.84/86 Stop reduction: 105.50 Take Profit: 106.20
    Trade Management Breakeven: 25 points Trailing: 25 points Level: 105.70 (If price closed below this amount, I may consider to scale or cut from position) 2nd Take Profit level: 106.60

  5. #5
    Quote Originally Posted by ;
    Trade #2 Date: 16th March 2018 Currency Pair: $USDJPY, #USDJPY The system used: Range Trading Trader's Summary if any: Risk off belief so far, JPY crosses are about its own service level and may drop but also a possible level to buy. Buying USDJPY for recovery which may also be turned into a home run, in case JPY stops strengthening and Dollar continues its rampage against other major currencies. Trading Setup Market Buy Order: 105.84/86 Stop Loss: 105.50 Take Profit: 106.20 Trade Management Breakeven: 25 points Trailing: 25 factors Level: 105.70...
    Trade #2 transferred in favor. [Green]

    Degrees - 105.60, 105.84, 106.20

    Pivot 105.84The position was tanking with other JPY pairs until US Session was more powerful overall. Up following EURJPY and GBPJPY and others stopped falling. Ranking swing straight back to profit.

  6. #6
    A DEEPER TECHNICAL ANALYSIS INTO EURUSD AHEAD OF FOMC RATE HIKE WEEK 19TH MARCH 2018 -- DESCENDING TRIANGLE BREAKOUT

    TheDoc's opinions and Perspectives.
    I prefer some shorter trend fall to 1.2200 flat or under, the price might want to check this level before or through FOMC Rate increase this coming Wednesday.
    If EURUSD can endure this bounce, it might again re-tests that the 1.2550 level or greater.
    But fundamentally, TheDoc is bearish on EURUSD even if it can be rebound back on 1.2160-1.2200 level on account of the high differential interest rate on USD against EUR dollar which is currently standing at 0% contrary to a 1.75% upcoming interest rate on the US Dollar that makes longing the EURUSD at the level too expensive.
    A hefty fall below 1.2160 will invalidate the EURUSD's bullish view this calendar year 2018. And start to prefer a downside bias under 1.2088 that was the resistance in 2017 and earlier this year in January 2018 prior to the breakout to 1.2550 level.
    A 1.2160 break may technically decline into 1.18 zone readily within days or 1-2 weeks.
    So look out for our breakout when key amounts are broken up

  7. #7
    Trade #3
    Date: 26th March 2018
    Currency Pair: $EURUSD, #EURUSD
    The system used: Range Trading

    Trader#8217;s Summary if any:

    EU traded higher after making another greater low off 1.2305 against 1.2285.
    The resistance of 1.2345 has become intraday service level. EU looks bullish but a pullback might still be in play with.
    EU is ranging between 1.2250 - 1.2440 on the bigger picture, there might be a number of different levels of service resistance.
    Upside resistance is 1.2412 and 1.2440.

    Trade Entry Market Sell Order: 1.23768 (Asia Market) Stop Loss: 1.2406 Take Profit: 1.2346 Validity: No Limit Time Trade Management Breakeven: 20 points Trailing: 20 points Level: 1.2390 (If price closed above this amount, the trader might consider to cut or scale out of position) 2nd Take Profit level: 1.2316

  8. #8
    Quote Originally Posted by ;
    Trade #3 Date: 26th March 2018 Currency Pair: $EURUSD, #EURUSD The machine used: Range Trading Trader's Summary if any: EU traded higher after making another greater low off 1.2305 against 1.2285. The resistance of 1.2345 has become intraday service level. EU looks bullish but a pullback may be in play with. EU is ranging between 1.2250 - 1.2440 on the bigger picture, there might be many different degrees of service resistance. Upside resistance is 1.2412 and 1.2440. Trade Entry Market Sell Order: 1.23768 (Asia Market) Stop Loss: 1.2406 Take Profit: 1.2346...
    Lowest attained 1.2358, missed breakeven by 2 points and hits STOP LOSS

  9. #9
    Trade #4
    Date: 27th March 2018
    Currency Pair: $AUDUSD, #AUDUSD
    The system Employed: Range Trading

    Trader's Summary if any:Market Sell Order: 0.77537(Asia Market) Stop Loss: 0.7783 Take Profit: 0.7723 Validity: No limitation Trade Management Breakeven: 20 points Trailing: 20 factors Level: 0.7770 (If price closed above this level, the trader may consider to cut or scale out of position) 2nd Take Profit level: 0.7693

  10. #10
    Quote Originally Posted by ;
    Trade #4 Date: 27th March 2018 Currency Pair: $AUDUSD, #AUDUSD The system used: Range Trading Trader's Summary if any: Market Sell Order: 0.77537(Asia Market) Stop Loss: 0.7783 Take Profit: 0.7723 Validity: No limit Trade Management Breakeven: 20 points Trailing: 20 factors Level: 0.7770 (If price closed above this level, the trader might consider to cut or scale out of position) 2nd Take Profit level: 0.7693 picture
    Trade #4 moved in favor. [Green]

    Amounts - 0.7723, 0.7700

    Pivot 0.7720

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