Trading Journal


November 2010

Starting from November, I’m trading with the modified Profit Target = 35 pips instead of previous 40 pips, and Break Even rule of 20 pips instead of old 24 pips.


1st November- LONG
Entry: 1.6076
SL: 1.6036
P/L: - 40 pips
the market was already quite high, however, I followed the rules

2nd November- LONG
Entry: 1.6064
SL: 1.6024
P/L: - 40 pips

3rd November- NO TRADE

4th November- LONG
Entry: 1.6122
PT: 1.6161
P/L: + 39 pips
finally a profit this week

5th November- SHORT
Entry: 1.6227
PT: 1.6192
P/L: + 35 pips



Weekly summary
2 profits, 2 losses, 1 no trade, the week ended with -6 pips loss.


8th November- SHORT
Entry: 1.6137
PT: 1.6137
P/L: 0 pips

9th November- SHORT
Entry: 1.6120
PT: 1.6084
P/L: + 36 pips

10th November- NO TRADE

11th November- LONG
Entry: 1.6142
SL: 1.6142
P/L: 0 pips

12th November- SHORT
Entry: 1.6048
SL: 1.6048
P/L: 0 pips



Weekly summary
1 profit, 0 losses, the week ended with +36 pips profit.


15th November- SHORT
Entry: 1.6116
PT: 1.6080
P/L: + 36 pips


16th November- SHORT
Entry: 1.6044
SL: 1.6046
P/L: - 2 pips
kicked out at BE, with some slippage


17th November- NO SIGNAL


18th November- LONG
Entry: 1.5931
SL: 1.5889
P/L: - 42 pips


19th November- LONG
Entry: 1.6039
PT: 1.6075
P/L: + 36 pips



Weekly summary
2 profits, 1 loss, 1 no trade, the week ended with +28 pips profit.
last two weeks are not extremely profitable, but we still made some small profit.
With 2% risk per trade we made slightly less than 2% gain per week, still much better than in any bank.


22nd November- LONG
Entry: 1.6020
PT: 1.6056
P/L: + 36 pips
quick profit today, nice week start


23rd November- SHORT
Entry: 1.5905
PT: 1.5945
P/L: - 40 pips
it was going against support, but I had to take the signal, it was according to the rules


24th November- NO SIGNAL


25th November- SHORT
Entry: 1.5757
SL: 1.5757
P/L: 0 pips
it seemed we’ll end up in stop loss, then it returned back to profit and at last we were kicked out at BE


26th November- SHORT
Entry: 1.5716
SL: 1.5716
P/L: 0 pips



Weekly summary
1 profit, 1 loss, 2 times kicked at BE, the week ended with -4 pips loss.


29th November- NO SIGNAL


30th November- NO SIGNAL



Monthly summary for November
6 profits, 4 losses, 5 no trades, the month ended with +54 pips profit
November performance is below average, the market didn’t go in our favor many times. We were also kicked out at BE quite often.