Mathematically, and even assuming a zero spread, you will transform a 500 Pounds Forex account (the currency in your account does not matter a bit here) into a Million Pounds account once every 2000 attempts. That means you would have to blow up ...

Sorry for this delay, I am currently working on some new, more advanced money management techniques.

Yep, the market is ALWAYS going the right way when we have no position

Right on the money.

Next week I will stop posting here and start a new trading journal. I will be using an entirely new trading system based on a rather revolutionary trading concept. More info later. Thank you all for stopping by and for visiting this thread regularly ...

Apparently and from what I understand, Google and other search engines can inform a company if its company's name appears somewhere on the Internet, for a fee of course.

Trading results for week ending May 15, 2015. Long EUR/AUD at 1.4135, 41 pip stop: -10 pips Short EUR/CAD at 1.3524 (limit order), 37 pip stop: +4 pips long EUR/AUD at 1.4135, 42 pip stop: break-even Long EUR/NZD at 1.5158 (limit order), 45 pip ...

Out at 1.0764, 12 pip loss.

Out at 1.0775, - 10 pips. Long AUD/NZD at 1.0776, 43 pip stop.

Short AUD/NZD at 1.0765, 43 pip stop.

Out at 2.0990, +116 pips.

Long GBP/NZD at 2.0874 (limit order), 42 pip stop.

Out at 2.0902, +20 pips. Waiting for re-entry.

Reducing stop to 24 pips.

Long GBP/NZD at 2.0882, 51 pip stop.

NZD/JPY now testing the neckline zone...

Magnificent top Head and Shoulders formation on the NZD/JPY (5 min) by the way, see chart below. Now all we need is the breakout and we are in business...

Short NZD/JPY at 89.00, 39 pip stop.

Thanks Imran.78p. Unfortunately my short order at 1.5240 was never triggered. The EUR/NZD came 2 pips near that price and then went almost 200 pips in the right direction, without me. This pending order has now been cancelled.

Short EUR/NZD at 1.5240 (limit order), 48 pip stop.