Trading Room Journal

Daily Log’s of SwingFish Trading activity, Profits, losses toughts, as shown in Tradingroom & Youtube

Hey! There's a new Trading Log draft available - today's entries, thoughts, gains & losses as they happen, in realtime with screenshots and the ideas behind it.

159 | -0.92% | 4 Setups | 1 Hedge

Early Friday Session (have some Official stuff to do in the morning)
First Started off with AUDJPY Long. the vWap went Flat .. so this was not such a good choice, and it was soley based on the USDollar movements. (this is the trade-Set i have hedged and likely take with me over the weekend, if i not continue trading later on)
a Qucik Scalp downwards on USDMXN .. worked well nothing much to say about it .. was plain Bias entry .. no technical stuff, just the fact that the USDollar was going down.
GBPAUD vWap Reversal down .. early exit first anticipated a long trade .. then reverted to Short which worked well. for some reason, I exit early .. as the target (trendline was 6 pips down below) and it was reached as well just a few minutes later. the Reverals play on AUDJPY did cost plenty of Points and Money, so this Session closes with a loss of 0.92% P.S: i may have some trades in NY Session, but can't promise anything ...
https://www.youtube.com/watch?v=T6x8kkJzUvI
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-0.920% 2 SET

158 | +0.74% | 3 Setups

Starting the Day a bit late today arround 10:10 .. sorry about that .. 2 quick non-planned setups on AUDSGD Short , Long USDJPY and Long EURGBP EURGBP i noticed the top of the current channel was reached already .. (after entering) ill try to exit that somewhat green the AUDSGD Trade bounced about 0.4pips Before my exit point and it's a loss now. well can't always win, decided to stretch the risk a little bit and let it go back to the vWap. Looking at EURGBP a few minutes later .. this would bave been a nice vWap Reversal trade, if the Trendline would not lead me in thinking we at the top. well after we always Smarter.. AUDSGD went to the vWap as planned .. added another SHort position to pay for the loss .. if it not playing out immediately i will start the SwingFish Helper bot to Hedge the positions .. so we can plan on fixing this at a later time. USDJPY ran straight trough the Trendline & the Take Profit. adding 0.7% to the day. AUDSGD starts acting funny ... the M30 chart shows some Resistance on the current price, that's why I did not hedge yet..but it feels like this is not been a very good idea ... but it feels like this is not been a very good idea ... need to watch that closely. UPDATE: reversed twice .. cutting a nice loss hole in the P/L ... Short now will the loss is paid. if AUDSGD falls another 6 points iam good and will exit for today.   Closing up Shop today with a +0.745% Gain. P.S: i may have some trades in NY Session, but can't promise anything ...
https://www.youtube.com/watch?v=Oe4npAf6a8M
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+0.740% 2 SET

157 | +0.945% | 2 Setups | 2 Hedges

Morning Everyone .. well it's more Night as it's about 4 am right now. in the morning i have to make some Government runs .. so no Asia session trades. to keep the spirit and not break the chain .. I made a few trades before going to bed. turned out in 4 Setups (where 2 of them are still active) USDMXN Hedged with 4pips distance and AUDJPY hedged with 1 pip distance. for the working ones: USDCHF quick scalp down from the vWap to the next short-term point. worked out flawless with 0 drawdown. then GBPAUD, this one was a more a cover trade for the failed AUDJPY Trade, it took forever but went as planned so i exit at the next top point to realize the Profit, and placed a Hedge on the AUDJPY Trade.   the Hedges USDMXN and AUDJPY where stupid rush-trades. both have almost flat vWap and the Price Structure did not point any clear direction. midterm USDMXN is due to fall and AUDJPY to rise .. but that is for another day Closing up Shop today with a +0.945% Gain. P.S: i may have some trades in NY Session, but can't promise anything ...
https://www.youtube.com/watch?v=J8XmlQ3UN9c
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+0.945% 2 SET

156 | +1.32% | 2 Trades

Sunny Tuesday Morning ..
i have to go to the Bank later, so no UK session Trades, sorry
trades of the day Long USDCHF and Short AUDJPY both target the white trendline.   Results: USDCHF: Exit Early (some Family stuff to take care off) original Target was reached. Then AUDJPY: Whipsawed twice, then it did what i expected it to do .. covered the Hedges and added 1,3% gain Closing up Shop today with a 1.32% Gain.
https://www.youtube.com/watch?v=Wdl3fTvmU_Y
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+1.320% 2 SET

155 | +0.796% | 4 Trades

in the Aftermath of the German Election . Good morning everyone, strangely DAX Futures gaped down but that gap could not even be considered as such, so much for the bad Afd Party shock. start the day with a short Trade on USDSGD. looked very clean, but then sitting on the toilet and watching it from my Mobile, made me change my mind, sold the risk and set the Stop to +0.7. which was then hit about 2 minutes later. gain 0.21% for the Chicken out trade ;) Later a Nice vWap Reversal on EURAUD, failed once but on the second try, it worked as expected. (another tiny gain) Quick Trade on AUDSGD .. which led to an Auto Hedge, which I choose then to ignore as I went on the DAX the DAX, however, turned into a massive Whipsaw massacre .. tons of trades and cover trades to pay for losses. in the end, went out with a 0.796% Total gain for the day. so let's just ignore that this did happen at all ;)   https://www.youtube.com/watch?v=VBdayLTbOCQ
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+0.796% 2 SET

154 | +3.54% | 3 Trades

Good morning everyone, well, "morning" is a bit imaginary as it is 12:20 right now. had to burn some Midnight oil again... DAX has fallen overnight .. it will create a nice Gap (as of now around 12566 (1 Hour before Pre market opening) quick Scalp up on GOLD late entry over the vWap .. exit in the first sign of weakness Another short (and late) scalp on USDJPY did "Chicken out" and not afterwards, that was a good decition got rid of the DAX-Hedge .. but the market turned quite strangely due to Draghi Speach .. so i went out before the big move ...over all a green ish day .. i think the DAX will go up to 12642, but with recent events on it .. its maybe not such a good idea.   https://www.youtube.com/watch?v=qHt6KExYxZE
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+3.540% 2 SET

153 | +0.995% | 2 Trades

was up until 3 in the morning. now it's 9 in the morning (same day) Yesterday was a pretty much non-eventful day because everything waited for FOMC and FED announcements. however, despite my Bias, all indices did go UP .. which is a very strange behavior .. okay the DAX will go up because of the EURO dropping so hard. but DOW, Nasdaq, Russel had no real reason to do so. so in a bit sleepy motion made the first 0.12% on a VERY tiny GOLD scalp.  not really had an angle to put a take profit anyway .. so I closed it out. then being stupid for the first time today: the first hedge was watching AUDJPY making a beautiful Reversal (left on the picture, I did see it as it was +3 from the vWap, so I did not enter there) entered upwards NZDUSD (right chart) .. realized that AUD and NZD correlating so on the first sign of this going bad, I place a hedge trade as this very likely would turn bad... and it did.
### STREAM STARTS HERE ###
Finally, found an angle on the NZDUSD trade (trendline connecting the last lows) the conjunction point is just a few pips away. on the way back to the vWap (which is quite common) the SwingFishHelper did Auto-Hedge for me, that was okay but too early, so let's gamble a little, reversed the Hedge position .. and got out early on the minor-trendline. adding a nice gain of 0.875% to the account. I'm quite sure price may go to the 0.7311 area on NZDUSD (i put an arrow on the chart for my original Target) .. but since this was a hedge-resolution trade, going out with 0 is the goal .. anything greener is just a gift.

NEVER PUSH YOUR LUCK! calling it a day with total Gain of 0.995% 

  https://www.youtube.com/watch?v=O-KloZ36ds4
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+0.995% 2 SET

152 | +2.21% | 3 Trades

hey there, the morning session was a bit quiet ... went out basically on 0 with NZDJPY trades EURAUD Saved the day, whipsawed myself a few times in participation for a drop but then it really happend and we went out with 2.21% total gain
the Dax Hedge is still on ... somehow its moving into London session FAR up .. well we just wait it out .. 2$ Ccost on Swap wont kill us for another day ;)   https://youtu.be/u5njfPzkfmw
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+2.210% 2 SET

151 | +0.25% (+2% hedged equity) | 2 Trades

Good Morning the DAX Trade is still on .. expecting it to drop .. but have a Hedge on for security Meanwhile a quick Scalp down on USDCHF the scalp of USDCHF worked out well .. added about 0.25% the DAX Trade played out well .. The position is not closed but Hedged locking in a Total Equity Gain of 9.2% I may later release the hedge .. or just close the position out realizing the Equity to the Account Balance   https://www.youtube.com/watch?v=WWoquz2_kRA
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+0.250% 2 SET

150 | -0.12% | 6 Trades (+5% Equity Hedged)

beautiful Monday Morning to everyone. wanted to start the week with a "probe trade" (Long Gold) ..did not work.. so the week starts red .. (what a shame) well, the day is not over yet .. so let's see whats gonna happen. Reversed the gold trade to Short as we are inside a nice channel, however, Siver is above the channel already .. so my initial Long maybe turning out to be the right decision after all. went Long NZDUSD on a vWap Reversal building up .. but for some reason it does not build up any momentum. later went short the DAX .. the usual play .. everything straight forward .. but then .. nothing happens !!! After 4 hours i placed a hedge order so i can leave the house . and guess what happens about 10 minutes after? Dax dropped about 145 Points. well back .. closed the hedge positions .. scaled on as the drop appeared to continue .. and then again .. nothing happens. seriously ? well, i have about 5% equity gain locked in a hedge position .. so will see what happening tomorrow with that one ;)   https://www.youtube.com/watch?v=77xGGovOvQc
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-0.120% 5 SET

Challenge Account Balance Differences

Total Gain after closing on Friday is +8.9% but the account Balance is higher due to Commissions (IB, mirror, and refunds) has been paid as well. so Sunday Closing Balance was $ 1359.36 I will withdraw the commissions from the account to reset the account to the current gain of 8.9 %. Monday opening Balance will be: $ 1089.00  

Show me the Differences

well first we have to remove the initial Balance of 1000$ plus the gain of 8.9% (89$) leaves us with 270.36$ 226.92$ are from IB Commissions paid to this account (this is unrelated to the challenge) Additionally, 43.44$ has been paid as Mirror Fees to the account. resulting in other users copy trades and pay a marked-up commission of 5$ per Million traded. from this 5$ the account receives 66% (rest is shared with the broker and Spotware for executing the trades)

as you can see by this example, it is possible to make honest money with providing additional Services as a Trader.

without the need of posting photos of rental Ferraris or fake Watches on Instagram or charge users 50$ for a Signalservice or "Education"  
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+0.000% 0 SET