Showing posts with label Paper Trading. Show all posts
Showing posts with label Paper Trading. Show all posts

Thursday, August 3, 2023

GBPNZD PAPER TRADE (LOSS)

 





Currency: GBPNZD

TimeFrame: 15 minutes, 3 minutes, 1 minutes

Catalyst: Support and Resistance, Trendline with Breakout

Type: Short

Buy Price: 2.08423

Sell Price: 2.08550

Stop Loss: 2.08550

Volume: 0.01

Profit: $1.25

Reason for Buying: My catalyst for this trade is to look for support and resistance and trade them if the price touch the support and resistance level(see the 1st chart). For this trade I look at the 5 minutes 3 minutes and 1 minute chart but on I choose on the 1 minute chart for the clarity of the trendline. When the trendline was broke that was my trigger to enter the trade. Lo and Behold I lost the trade because it touch my Stop Loss 

GBPCAD PAPERTRADE (WIN)







Currency: GBPCAD

TimeFrame: 15 minutes, 5 minutes

Catalyst: Support and Resistance, Trendline with Breakout

Type: Long

Buy Price: 1.169157

Sell Price: 1.169226

Pips: 6.9 

Volume: 0.01

Profit: $0.52

Reason for Buying: For this trade I look for support and resistance ( more than 100 pips as you can see on the chart on green highlight on the 1st chart). My plan is to touch the price either on the support or resistance. For this trade I made long because the price touch on the support level and my trigger is on that candle (pointed by white arrow on the 2nd chart) because as you can see I draw a trend line and the trend is going up that's why my plan is to go long. When the price hit at 1.69282 I immediately change my stop loss (see on the 3rd chart) for the reason of what if the price fall down again and my profit will gone? When scalping we should protect our gain. And as you can see the price fall down again below my entry so my decision was really good.

Sunday, July 23, 2023

EURUSD PAPER TRADE (WIN)

 




Currency: EURUSD

TimeFrame: 1 Hour

Catalyst: Trendline with Breakout, STC

Type: Long

Buy Price: 1.12290

Sell Price: 1.12354

Volume: 0.03

Profit: $1.92

Reason for Buying: As you can see on the chart that pointed in the blue arrow it has already break the trendline which indicates a buying signal (naa siyay letter B nga naay green background). And I also look at the STC it has already in the 0 line which means that after this trend it will go change to buying signal which the red line will turn into green line. I enter the trade because I knew for the fact that the Trendline with Breakout has signaled to buy and I look the charts in the previous breakout it has profited atleast 50 pips. Now I entered the trade and I sold it at 1.12354 because the profit has gone up to $3sh and I decided to cut profit at $2 which is the reason I close the trade. Now I close the trade because when I saw the previous breakout it will give a momentum but it will also go back to the price of the BREAKOUT, that's why I decided to buy again at 1.12290 buy using a buy limit...

Tuesday, September 25, 2018

HOUSE Paper Trading August 13 2018 (LOSS)

Reason to buy: 52 Week New High and above MA200 MA100 MA50 MA20



Its loss because its probably the general market is is a down trend

Thursday, August 16, 2018

PXP FOOD Paper Trading August 16 (WIN)

This morning I decided to have my Investa Watcher wherein you can select stock and you can put and entry and exit and you can have the ratio of your risk and reward. This is my first time using this kind of feature in Investagrams.



As you can see the above image FOOD and PXP not only hit my entry price but hit the Target Price today which is the good part. The bad part is I don't have a Buying Power in my account that is why its sad. But all in all I was so happy that my trading plan was executed well. I hope that I will stick to my trading plan which is NOT GREEDY(if I left behind who cares there is another opportunity everyday) and always only bet to loss 2% of my equity. 

Wednesday, July 4, 2018

TBGI Paper Trade July 5 2018


Kini nga Stock trending sa topic unya iyang MA20 is na break unya ang price dool na sa resistance level nga .45 unya current price niya is .445. Nindot pud kaau iyang CCI ADX og MACD which is in buying signal. Ang akong entry price ani is .42 - .43.




Nag open siya sa .44 unya nag high siya sa .46

Mao ni iyang mga Traded Price og Buyer og Seller(TBPS)



Naunsa mana nga pagka 12:50 sa hapon this day July 12 nag pagawas og disclosure ang TBGI unya nindot pa gyod nga disclosure(Positive nga balita). pero wala ko kabantay kay nag adto ko ug Valencia pagkahapon kay nagpalit og tambal. LOL ☺


Lesson:

1. Dapat as a trader always CHECK the DISCLOSURES EVERYDAY.