The purpose of this thread is to keep a journal of my trade ideas and for those who are interested in my trading to discuss and learn.
My interest began more than a year ago, spent a couple of months dwelving into all aspects of technical analysis, read a number of trading books, tried a couple of systems on ff forums with a demo account and blew one live account. I have been trading 'live' for almost 11 mths now. While I am not making a living out of forex trading (I trade mini lots), I have been consistently profitable. This was only possible because I came across a really good thread on ff, and was fortunate to learn from a terrific trader, damion.
The trading method is simple. There will be no indicators, although I do observe the stoch/macd at times for divergence. The technical tools and techniques I use include trendlines and classic TA patterns. I trade mostly the majors on all timeframes.
In the next few posts I hope to share a few of my open trades. I do not trade very often, alot of my decisions depend on opportunity and market conditions. There are times when I don't trade at all for weeks.
My interest began more than a year ago, spent a couple of months dwelving into all aspects of technical analysis, read a number of trading books, tried a couple of systems on ff forums with a demo account and blew one live account. I have been trading 'live' for almost 11 mths now. While I am not making a living out of forex trading (I trade mini lots), I have been consistently profitable. This was only possible because I came across a really good thread on ff, and was fortunate to learn from a terrific trader, damion.
The trading method is simple. There will be no indicators, although I do observe the stoch/macd at times for divergence. The technical tools and techniques I use include trendlines and classic TA patterns. I trade mostly the majors on all timeframes.
In the next few posts I hope to share a few of my open trades. I do not trade very often, alot of my decisions depend on opportunity and market conditions. There are times when I don't trade at all for weeks.