Another signal is forming LONG for EUR/JPY but i will wait for another 15 minutes to confirm the signal. When i started this testing journal, i was only thinking of trading EUR/USD to concentrate on the pair, but i notice that signals are coming quickly for other pairs too. So here i am testing the same method on other pairs. I am hoping i am right on this one, since it is almost the end of the week and i am really, really hoping to make it a positive week for my first week of trading.
- | Membership Revoked | Joined Nov 2005 | 1,429 Posts
Good job trader101. It's rare that a novice trader accepts that the problem with a system is often themselves and avoids the temptation to tweak the rules to compensate. Even if the system sucks, I think you'll learn some valuable lessons. Keep up the good work. 
- | Commercial User | Joined Dec 2006 | 2,911 Posts
Good job trader101. It's rare that a novice trader accepts that the problem with a system is often themselves and avoids the temptation to tweak the rules to compensate. Even if the system sucks, I think you'll learn some valuable lessons. Keep up the good work.
I will make this as my 5th trade for the week.
---BUY EUR/JPY @ Mprice
My SL for this is 30 pips. This is a ranging pair so i am expecting more than 50 pips profit for this.
- | Membership Revoked | Joined Nov 2005 | 1,429 Posts
Looks like that system isn't doing too badly after all. 
- | Commercial User | Joined Dec 2006 | 2,911 Posts
Looks like that system isn't doing too badly after all.
Yep, with all those advice from you guys, and the encouragement make me feel like i belong here and give me some confidence after Hillmy told me that he lost 11 in a row before making it. And how are you making this week??, bro, if i may ask. Lets do this again next week. What really concern me all the time is the news report that screw up our technical analysis, but i think compensating it makes no difference.