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  1. #1
    Senior Member arrais's Avatar

    The Daily Trades of Arrais !!!

    Hi traders, I'll do my best to mention here my trades and I hope that you can discuses about my trades to correct my trading style.


    Below a review of my first two micro live trades of 06 June 2017:

    AUDUSD was taking with the group in the skype. That was not a good trade
    http://prntscr.com/fgqo06

    USDJPY:
    https://prnt.sc/fglslj
    http://prntscr.com/fgqrny

    Ema, trendline and S&R all confirmed for a put trade. The result was ATM because my expire was only 10min. That is the higher expire time my broker had. If it was 30min expire then it had been a ITM. I already found a broker which has better expire time Next time will be better!

    Plse if there is any comments let's me know.

  2. #2
    Legendry Member Okane's Avatar
    Hey good to see your diary here!

    Good job on the UJ. How many assets are you analyzing at the moment?
    Live Webinar: Hidden Content
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  3. #3
    Senior Member arrais's Avatar
    Quote Originally Posted by Okane View Post
    Hey good to see your diary here!

    Good job on the UJ. How many assets are you analyzing at the moment?
    Hi Okane, I am using 13 pairs
    eurusd
    gbpusd
    usdcad
    euraud
    nzdusd
    gbbjpy
    usdchf
    eurgbp
    eurjpy
    gbpaud
    audjpy
    usdjpy
    audusd

  4. #4
    Legendry Member milos's Avatar
    I use top five pairs eurusd, gbpusd, aud/usd, usd/cad and usd/jpy.

  5. #5
    Legendry Member Michael Hodges's Avatar
    Wow, that's a lot of pairs. You may want to consider paring the list down, no pun intended, for easier trading. But otherwise great job so far and glad to have using the diary. Hope to see many more great posts, maybe you can win Trader of the Month in the future.

  6. #6
    Senior Member arrais's Avatar
    Quote Originally Posted by milos View Post
    I use top five pairs eurusd, gbpusd, aud/usd, usd/cad and usd/jpy.
    Hi Milo, ok I'll reduced my pairs. Better to trade only those 5 top pairs and after I can add more pairs.

  7. #7
    Legendry Member Okane's Avatar
    Quote Originally Posted by arrais View Post
    Hi Milo, ok I'll reduced my pairs. Better to trade only those 5 top pairs and after I can add more pairs.
    That's better. Many people think that fewer assets mean fewer trades but that's not necessarily true!
    Focusing on fewer assets means better focus and this could improve the quality of your analysis and
    you can even find more trades. Anyway, give it some time
    Even 5 assets are still a whole lot
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  8. #8
    Senior Member arrais's Avatar
    Review of my two live trades of 07 June 2017:

    USDJPY

    After the trendline and S&R were broken naar the downside I opened a put order.

    Expiry: 10min.

    https://prnt.sc/fh0em4
    https://prnt.sc/fh0d3t

    EURUSD

    On 5 min timeframe the trendline and S&R were broken to the upside!
    https://prnt.sc/fh255y

    On 1min timeframe I took a put on the candle which it broke the trendline and S&R!
    https://prnt.sc/fh24lr

    Expire: 30sec
    https://prnt.sc/fh22uc

    That was a TURBO trade with less stress

    Today 2 ITM
    Last edited by arrais; 06-07-2017 at 11:45 PM. Reason: Forgot an picture

  9. #9
    Legendry Member willyw's Avatar
    Quote Originally Posted by arrais View Post
    Hi Milo, ok I'll reduced my pairs. Better to trade only those 5 top pairs and after I can add more pairs.
    Hi Arrais, what Milos, Okane and Micheal mentioned is also what I am going to tell you.

    Let me give you a quote to give you an understanding.
    You are like a GP (General Practitioner), you cure patients with all sickness. But you cannot cure patients with major sickness like heart attack, etc...etc...
    We are like doctors, major (specialize) in 1 or 2 currency pairs will be good enough.
    Like the saying; "Jack of all trades but master of none"

    Each and every individual ccy pairs have their characteristics and behaviour. Understand them will help you trade better.

    I only trade USDJPY and i trade Gold as my secondary asset.
    I have written some post on the characteristics on USDJPY. Read them and you will know what I mean by understanding the ccy pairs. Is about 1 or 2 year ago that I have written.

    Good Luck Arrais
    Willy Twitter: Hidden Content

  10. Thanks Ronnel, plmoore246 thanked this post
  11. #10
    Legendry Member milos's Avatar
    I can add USD/CAD and crude oil correlation. Also I can explain currency correlation AUD/USD and USD/JPY. EUR/USD and USD/CHF.

    You need to learn basic binary options trading. It needs to use two or three trading assets. Later your trading skills will become higher level.
    Last edited by milos; 06-08-2017 at 08:32 AM.

  12. Thanks plmoore246 thanked this post

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