Hi All, a couple months ago I decided to take the plunge into Forex trading because I cant trade stocks with my 9 to 5. The leverage is nice too
Feel free to leave feedback on my trades/ strategy etc. and I hope to eventually meet some people to toss ideas around with on aim.
I started a practice account to practice and try to test some ideas while I save to get an actual account going. I started with only 3k in the practice account to simulate the actual amount I will be starting with. After a few trades in and out to get used to metatrader 4 I set up some pending orders based on 4 hour charts with an eye on the daily for market direction.
Trade #1
http://i24.photobucket.com/albums/c2...er/5-26-01.jpg
On this trade I noticed the USDJPY and placed a range trade as seen in the pic. It was triggered today and Id like to take profit but didnt see it until the market closed.
Trade#2
http://i24.photobucket.com/albums/c2...er/5-26-02.jpg
This trade is using simple trend following strategy ive been tinkering with using the 14 period moving average.
I traded one contract on each of these trades for a current total gain of 2140.43
Feel free to leave feedback on my trades/ strategy etc. and I hope to eventually meet some people to toss ideas around with on aim.
I started a practice account to practice and try to test some ideas while I save to get an actual account going. I started with only 3k in the practice account to simulate the actual amount I will be starting with. After a few trades in and out to get used to metatrader 4 I set up some pending orders based on 4 hour charts with an eye on the daily for market direction.
Trade #1
http://i24.photobucket.com/albums/c2...er/5-26-01.jpg
On this trade I noticed the USDJPY and placed a range trade as seen in the pic. It was triggered today and Id like to take profit but didnt see it until the market closed.
Trade#2
http://i24.photobucket.com/albums/c2...er/5-26-02.jpg
This trade is using simple trend following strategy ive been tinkering with using the 14 period moving average.
I traded one contract on each of these trades for a current total gain of 2140.43