Hi folks,
This Journal is a place for me to simply post charts for my trades and follow up analysis.
I have around 6 month experience in Forex trading, and in that time I have studied most of what's out there (I spent ALOT of my free time on it). I've tried out many systems, mainly a 1 second scalping strategy and a fib based system. For me these didn't work out, however I know others can make consistent profits.
One method of trading that I came across around the start of my studies was James16 style trading. I have been a member of the PF a few times and have got a good handle on the various ways it can be traded. I've been active in the public forum under another username and this. I posted my setups there but feel I want my own place, without the noise.
It cannot be repeated enough what Jim (J16) has given us for free, its simply awesome. If I could give one piece of advice it would be read his thread from the beginning.
I am currently in demo (as per post one of J16) using FXPro MT4, and only trading dailies. My demo account is 10k (now 10,150 after my first trade (see below)). I risk around 3% per trade.
Ill post my first trade I did from last week and one pending I have this week later on.
Feel free to ask anything.
Regards
Tac
This Journal is a place for me to simply post charts for my trades and follow up analysis.
I have around 6 month experience in Forex trading, and in that time I have studied most of what's out there (I spent ALOT of my free time on it). I've tried out many systems, mainly a 1 second scalping strategy and a fib based system. For me these didn't work out, however I know others can make consistent profits.
One method of trading that I came across around the start of my studies was James16 style trading. I have been a member of the PF a few times and have got a good handle on the various ways it can be traded. I've been active in the public forum under another username and this. I posted my setups there but feel I want my own place, without the noise.
It cannot be repeated enough what Jim (J16) has given us for free, its simply awesome. If I could give one piece of advice it would be read his thread from the beginning.
I am currently in demo (as per post one of J16) using FXPro MT4, and only trading dailies. My demo account is 10k (now 10,150 after my first trade (see below)). I risk around 3% per trade.
Ill post my first trade I did from last week and one pending I have this week later on.
Feel free to ask anything.
Regards
Tac
I hear and I forget. I see and I remember. I do and I understand.