[NeverQuit]

Today was a small losing day for me. My trading account is currently at $76.53. My account seems to be goingback and forth. I believe that I will turn things around though so I'm not worried about much.

I refuse to lose! I'm going to start trading off the daily chart. My lack of sleep is starting to have a negative impact on my trading. I'm also starting to see that it is pulling me away from my family more than I would want. Trading is something that I have a passion for but my family is something I have a love for.

So I will be trading off the daily chart for the rest of the foreseeable future. Trading on a higher timeframe will also allow for me to post my trades because they will be fewer of them. I will add a few pairs to give me a few more trading opportunities.

I will become successful in this business...no doubt about it.

[NeverQuit]

This post is to talk about my switch to the daily timeframe. I will continue to trade the lower timeframes during the US session as that is the only session that I can trade without sacraficing time with my family and not screwing up my sleep.

I wake my kids up for school during the US session so I'm able to trade that session with no problems as I will already be awake and their time will be occupied with getting ready for school.

When I'm trading the US session and trading off a lower timeframe, I will continue to trade the EUR/USD pair only as I have been doing in the past. When I'm trading off the daily chart, I will trading any of the five pairs listed below.

EUR/USD
AUD/USD
EUR/JPY
USD/CAD
USD/CHF

I will be using a FXCM Metatrader 4 platform that generates a new daily candle at 4pm PST. So a little after 4pm PST, I will create a post each day outlining my new trades, exisiting trades or anything I feel I want to share.

My trades will be taken live on my Oanda account and also in the FXCM demo account.

I must say that in no way are my trades signals or trade recommendations. They are just my live trades and I use this journal to keep track of everything. Feel free to leave comments.

I will be back in two hours to post if I have any trades or not.

[NeverQuit]

I just wanted to create a post saying that I was able to make a small profit on my intraday trading today. My account is currently sitting at $77.51.

As you can see from my post above, I'm focusing more on trading off the daily charts but will still be trading the US session on the intraday timeframes.

I will no longer trade the Europe session because it does not coincide with me spending time with my family and my sleep habits are getting all screwed up.

[NeverQuit]

This post is to display the trades that I just entered based off the daily chart. The trades that I entered are listed below.

EUR/USD: Long @ 1.3029 / Stop loss @ 1.2778
USD/CAD: Short @ 1.0334 / Stop loss @ 1.0586
USD/CHF: Short @ 0.9394 / Stop loss @ 0.9647

These are not trade signals or recommendations. These are just the trades that I have taken in my live trading account. I will post again at 9pm PST tonight to give an update on how each trade has played out up until that point.

Chat later!

[NeverQuit]

Originally Posted by NeverQuit

Here is my updated post on the progress of my trades thus far.

EUR/USD: Long @ 1.3029 / Stop loss @ 1.2778 +1 pip
USD/CAD: Short @ 1.0334 / Stop loss @ 1.0586 +16 pips
USD/CHF: Short @ 0.9394 / Stop loss @ 0.9647 +5 pips


Total: +22 pips

I will post another update when I wake up in the morning. Good trading to anybody who will be trading tonight.

[NeverQuit]

I've closed out my trades based off the daily charts...of course right before the took off in my direction (which I never doubted). I'm going to take the remainder of the year off from my trading.

Going to relax from forex a bit and get my mind back together. I will be picking my trading back up at the new year and will begin posting again also.

Have a wonderful holiday season and chat with you all in 2012!

[NeverQuit]

Alright my friends, I'm back with my trading. I've closed out all open positions that I had and will be getting back to the basics.

EUR/USD is the only pair I will trade and I will be trading off the 5min chart.

As of right now my balance is $78.41 and I'm looking forward to growing it one trade at a time.

Chat soon.

[RyanMatthews]

Wow. Very amazing and personal journal here. I just came from your weekly journal and thought you had good patience, but it seems you're quite a level-headed and no-games type of trader. You also touched on why I probably won't start trading, which is my family. I've only been married for two years and have a son, but I find myself with so much little "personal time" that I couldn't find a way to justify trading to myself.

This doesn't mean I don't want you to stop, because you're putting in quite a bit of work to make it work for you, so please don't think that. A profit is a profit, and it seems you've kept an account for quite some time.. more that can be said for many others.

I wish you the best luck in 2012, mate!

[NeverQuit]

Hello RyanMatthews,

Thanks fo stopping by this journal also. This is the journal I will be focusing on for the foreseeable future. I took the holiday season off so I'm just getting back into my trading.

One thing about me is, I'm a straight shooter. No need to lie or stretch the truth. I am honest about my account size and everything. I figure so many people lie to make things seem better than they are but I'm not that type of person. I just tell the truth and try to help othes just like people have helped me.

I know I will succeed in this business and if I can help someone else reach their goals just like others helped me, then I will gladly do it.

Visit as often as you can and I will gladly help you.

Originally Posted by RyanMatthews

Wow. Very amazing and personal journal here. I just came from your weekly journal and thought you had good patience, but it seems you're quite a level-headed and no-games type of trader. You also touched on why I probably won't start trading, which is my family. I've only been married for two years and have a son, but I find myself with so much little "personal time" that I couldn't find a way to justify trading to myself.

This doesn't mean I don't want you to stop, because you're putting in quite a bit of work to make it work for you, so please don't think that. A profit is a profit, and it seems you've kept an account for quite some time.. more that can be said for many others.

I wish you the best luck in 2012, mate!

[NeverQuit]

I took one trade last night and it turned out to be a profitable trade. I made a gain of 2.4% to my trading account.

That trade has my account sitting at $79.86 right now. As of right now I'm sitting on the sidelines waiting for a new signal.