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  1. #1
    Rookie Member nichijou's Avatar

    nichijou's Trading Diary !!!

    Hello there.
    I'm beginner of BOs, and create this Thread to keep an overview and that somebody can give me tipps and say me, if I do anything wrong.
    I trade with the CommiTraders and want to use primary the "The Best MACD Entries"-Strategy, cause they sound very good to me.

    But I start with EURCAD which isn't supported by the CommuTraders. I have seen that the ATR goes up, before the price going up on the daily timeframe, so I think the price continue going upwards and place an (imaginary) CALL trade:

    Asset EURCAD, Entry Price 1.3510, Expiring 18 o clock (GMT+2).

    Thank you for reading.
    Last edited by nichijou; 05-13-2015 at 12:17 PM.

  2. #2
    Rookie Member nichijou's Avatar
    My first really test with the MACD + SMA on 5 minutes timeframe.

    Click image for larger version. 

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    Trend goes upwards, the red MACD signal line cross the blue base line bullish and the oscillator is > 0.
    I thought that this is a good indication to place a CALL trade and I won.

    Asset: AUDUSD; Strategy: CALL; Entry price: 0.8106; Expiry Price: 0.8108; Expiry Time: 5 minutes;

  3. #3
    Rookie Member nichijou's Avatar
    Next try, this time on 15-M-Timeline. Trend goes upwards, MACD Oscillator is > 0 and MACD Lines cross. I think its look good.

    Click image for larger version. 

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    I lost, the price gone immediate in the other direction:
    Asset: NZDUSD; Strategy: CALL; Entry price: 0.7546; Expiry Price: 0.7533; Expiry Time: 15 minutes;
    Last edited by nichijou; 05-14-2015 at 08:28 AM.

  4. #4
    Rookie Member nichijou's Avatar
    Next try on 15m.

    Click image for larger version. 

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    Look like the price will go upwards.

    Asset: EURUSD; Strategy: CALL; Entry price: 1.1393; Expiry Price: 1.1407; Expiry Time: 15 minutes;
    I won, but the price was in the first 10 minutes very instable and I think that was may pure luck. May there is a mistake in my process. I think I trade too early, I will try the next trade when the current Bar is complete.
    Last edited by nichijou; 05-14-2015 at 10:10 AM.

  5. #5
    Rookie Member nichijou's Avatar
    I lost many trades in a row, but on 12:10 the signal line cross the base line bearish, the oscillator was positive and the trend goes upwards. Looked all like a raising candle. I think there is something that I don't see yet.

    Click image for larger version. 

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    Cause I lost all its may better to trade in the other direction. But I think that's strange. xD
    Last edited by nichijou; 05-14-2015 at 01:57 PM.

  6. #6
    Legendry Member Michael Hodges's Avatar
    I think maybe you start with a higher time frame chart and get an idea of where the trend is heading, then use that direction to screen out trades that are counter trends... and maybe some support/resistance lines... one of those losses, #3 post up there, looks like it failed because of resistance...

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  8. #7
    Rookie Member marielouise's Avatar
    I am a new beginner in this option trading and recently my friend suggest me a good online options trading education site by Dan Passarelli and his mentors of Market Taker Mentoring. That was very helpful for me. I hope it will be help you.
    Last edited by marielouise; 05-15-2015 at 06:15 AM.

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  10. #8
    Rookie Member nichijou's Avatar
    @Michael: Thank you very much. Since I included the Pipholic SR indicator in my trades, I won more than I lost. When my MACD/SMA-Indicator give a sigal, I trade in the other direction, if the current price is in the near of one of the SR lines. When the price is beetween the lines I follow the MACD/SMA direction. I do nothing, if the price break one of the SR lines or there is less space beetween the lines. I tested it on 15m-Timeframe, cause I'm generally to slow for 5m.

    marielouise: Thank you, I will take a look on this.

  11. #9
    Rookie Member nichijou's Avatar
    Cause I was working, I updated my Indicator with email alert and use a 30m timeframe. This is a flashback (/lookback/review, I'm not sure) of the trades today.


    GBPUSD $1.5672 $1.5678

    USDJPY $119.7500 $119.735

    USDCHF $0.9207 $0.9203


    AUDUSD $0.7997 $0.8004

  12. #10
    Rookie Member nichijou's Avatar
    USDCAD $1.2049 $1.2045

    14:30 (I was in a meeting with shared desktop, I traded ~5 Minutes after the signal arrived)

    AUDUSD $0.8001 $0.7998

    NZDUSD $0.7408 $0.740

    USDCHF $0.9192 $0.9190

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