Greetings!
Hi thx for dropping by my live trading journal, i am a financial planner in Malaysia, KL. After been trading demo for a couple of months i decided to head on to the real thing. Before that i traded stocks on my local exchange. The demo was profitable with not much of an emotion and psychology attached on each trade but when it comes to real money these two elements really does matter and i’m yet to get a control over it.
I started live about a month ago, around the early of September 2008. i follow strict money management rules and usually risks 1-2% of my account on each trade.
i'm an eager learner and serious about my trading, i consider myself still a newbie and hope that FF gurus out here would drop some comments on my trades as i'm eager to improve on my trading skills, cheers !
I trade mostly the EUR/USD and GBP/USD.
Trading Strategy: (Updated 22nd November 2008)
1. Multiple time frame
M30 chart:
5 EMA
8 EMA
DEMA DINAPOLI
M5 chart:
30 EMA
8 EMA
5 EMA
Stochastic (8,3,3)
M1 chart:
8 EMA
5 EMA
Stochastic (8,3,3)
OSMA THV
2. Trendlines
I use the M30 chart to look for the main trend and trade in that direction. M5 and M1 is use to pinpoint entry signals based on stochastic
As of 22nd November 2008:
Accounts balance at -5.76%
Hi thx for dropping by my live trading journal, i am a financial planner in Malaysia, KL. After been trading demo for a couple of months i decided to head on to the real thing. Before that i traded stocks on my local exchange. The demo was profitable with not much of an emotion and psychology attached on each trade but when it comes to real money these two elements really does matter and i’m yet to get a control over it.
I started live about a month ago, around the early of September 2008. i follow strict money management rules and usually risks 1-2% of my account on each trade.
i'm an eager learner and serious about my trading, i consider myself still a newbie and hope that FF gurus out here would drop some comments on my trades as i'm eager to improve on my trading skills, cheers !
I trade mostly the EUR/USD and GBP/USD.
Trading Strategy: (Updated 22nd November 2008)
1. Multiple time frame
M30 chart:
5 EMA
8 EMA
DEMA DINAPOLI
M5 chart:
30 EMA
8 EMA
5 EMA
Stochastic (8,3,3)
M1 chart:
8 EMA
5 EMA
Stochastic (8,3,3)
OSMA THV
2. Trendlines
I use the M30 chart to look for the main trend and trade in that direction. M5 and M1 is use to pinpoint entry signals based on stochastic
As of 22nd November 2008:
Accounts balance at -5.76%