Not a great day. I took 4 long trades in AUD/USD, EUR/USD, NZD/USD and CAD/JPY. End the day with -0.75 R loss. In fact, at the point of writing, I saw another long opportunity of Aussie dollar, but I decided to call it a day. I see a tendency of over trade today.
After reading an interview of Toni Hansen at stocktickr’s blog. I start keeping detailed journal again. Yup, I admit I have been sluggish in this area. Most of the time, I am just keeping an excel spreadsheet for all my trades with little comment. Now I am pulling out charts of my trades and give a little more descriptive comments for each trade.
I will be doing some Aussie stocks swing trade preparation again over the weekend.
Have a good weekend everyone.
From the desk of Trader Gav