Ghareb’s Forex & Equities Trading Journal

we are down this week by -5%

friday session triggered 3 new orders from the pending orders list which are Shorts in GBPJPY, EURUSD, EURAUD (return to the last pending orders list)

so this week we closed 4 positions 3 losses and 1 profit and have 10 active positions now

no daytrades today and one pending order activated from yesterday list: the EURCHF Short

The New Pending Orders putted for tomorrow:

EURUSD

• SellStop @ 1.3525, SL @ 1.3810, Reason TII, Degree ***

NZDUSD

• BuyStop @ 0.5975, SL @ 0.5800, Reason TI, Degree ***, Addition
• BuyStop @ 0.6040, SL @ 0.5800, Reason R, Degree ***, Addition
• BuyStop @ 0.6090, SL @ 0.5800, Reason R, Degre ***, Addition

AUDUSD

• BuyStop @ 0.7140, SL @ 0.6950, Reason TI, Degree ***, Addition
• BuyStop @ 0.7270, SL @ 0.6950, Reason R, Degree ***, Addition

EURAUD

• SellStop @ 1.9100, SL @ 1.9490, Reason TII, Degree ***

GBPCHF

• SellStop @ 1.6490, SL @ 1.6840, Reason TIV, Degree ***

GBPJPY

• SellStop @ 137.70, SL @ 141.70, Reason TIV, Degree ***

2 from our 7 positions have triggered SLs this Friday and they are EURAUD and USDSGD

the following are the closed Trades in this week

11 trades closed and 5 still active and turned to the next week with green unP/L, 9 profit trades and 2 losses

we are up this week by +17.05% and up by +72% since start from 12 December 08

the change and Balance curves in the following pics

the active trades are five in the following

late update for the forex trades::

no new orders in the pending list except the reverse USDCAD Long if the short stopped out
and the AUDCHF Shorts stopped out with little profit after the trailing stop we did as we said in the last post

the closed trades are:

Closed..Trade #07: Short AUDCHF @ 0.7420, Closed @ 0.7300 (+120 pips) stepped out in [29/12/08]
Closed..Trade #12: Short AUDCHF @ 0.7310, CLosed @ 0.7300 (+10 pips) Stepped out in [29/12/08]

now only there are 7 active trades and they are in new order:

Trade #01: [22/12/08] Short USDCAD @ 1.2010, SL @ 1.2400
Trade #02: [23/12/08] Short USDSGD @ 1.4400, SL @ 1.4480 “SL moved from 1.4600″
Trade #03: [23/12/08] Short GBPCHF @ 1.6060, SL @ 1.6710
Trade #04: [29/12/08] Long EURAUD @ 2.0610, SL @ 2.0100
Trade #05: [29/12/08] Long EURUSD @ 1.4135, SL @ 1.3815
Trade #06: [29/12/08] Long NZDUSD @ 0.5830, SL @ 0.5700
Trade #07: [29/12/08] Long AUDUSD @ 0.6935, SL @ 0.6750

the week begins and finally we can control the account after those holidays
today I returned to the office and found that 5 orders from the old pending orders list activated and in profit

the new orders are:

Trade #12: Addition to AUDCHF Short @ 0.7310, SL 0.7620 (310)
Trade #13: Long EURAUD @ 2.0610, SL 2.0100 (510)
Trade #14: Long EURUSD @ 1.4135, SL 1.3815 (320)
Trade #15: Long NZDUSD @ 0.5830, SL 0.5700 (130)
Trade #16: Long AUDUSD @ 0.6935, SL 0.6750 (185)

until now the account is up by approximate 20% unrealized

let’s stop adding positions for now cuz the risk is about the 10% now and see what this beautiful week deliver