from $300 to $1mln using M1 timeframe - another online hero

hi guys. first of all i want to say my native language is not English. so sorry for my poor english.
the second one. i prefer a daytrading. basically im watching 1m, 5m, 15m. and 8 pips range bars charts to enter the trade. also im using s/p, trendlines from 1h,4h, 1d but im not using this tf to enter the trade.
im trying to trade all time, from london open session to NY open. but its really hard. coz i got a main job. but i hope, the trading will be the main job, and i dont need to wake up early to my fkn job !
tomorrow i will post the first trades my strategy and hope that all will be ok!

UPDATE
balance (live account) 347$
13.02.2012 +93$ - 43 pips (balance 440$)
14.02.2012 +208$ - 65 pips (balance 648$)
15.02.2012 +200$ - 42 pips (balance 849$)
16.02.2012 +117$ - 25 pips (balance 966$)
17.02.2012 +78$ - 14 pips (balance 1045$)
21.02.2012 +50$ - 10 pips (balance 1095$)
05.03.2012 +29$ - 29 pips (balance 1125$)
16.03.2012 balance 2033$
01.04.2012 balance 2442$
04.04.2012 balance 2542$
05.04.2012 balance 2749$
06.04.2012 b 2794

i have 3 type of 1m chart.
this is the one of them
my rules:
im watching for the morning break out. if the price goes down
SHORT trades
1. price under the 200 ema
2. MACD crossed down
tp about 10-15 pips
i marked it by solid red line

if i missed this trade, im watching when the price comes back to the 21 ema, and sell it. (BUT im trading this situation only if the price fall down 20 or more pips before that) - dotted red line. tp 5-7 pips.

next trade the same one

another one its sell when the price comes back to 50 ema
but if i'll see a divergence on MACD 1m i dont take that one (but im ignoring div on macd after big gulfs)

for different tpl dif rulles. so i hope it will be clear to understand my rules to enter tomorrow, when ill post more pictures

http://i036.radikal.ru/1202/81/7c5b72649221.gif

Good luck. I look forward to watching your journal and trading progress.

Do you have a time frame you wish to turn the $300 into a Million? My advice would be not to rush and take your time with it. It's quite a difficult endeavor. Its much easier on paper than really doing it.

 

1. Strict Money Management
2. Follow your system to the letter (Hopefully it's tried and proved)
3. Keep a trading log

Wishing you all the best

Jeremy

thx Jeremy for your kind words

ok so let's get started

My balance is 347,20$

1st trade +3,6 pips - lot size 0.25 (+9$)
tp was so low coz trend is up, and it was my first trade, so im lil bit nervous.
but we see a double top, so i m jumping for the shot
trix was red

2nd pic it s a 8 pip range chart

2nd trade

waiting for fib levels.

close + 9 pips (0.25 lot)
and after few minutes the price move up
whats happen? some kind of rumors or news?

and the main rule
dont forget to use SL ! move SL to break even !
the main problem of all traders is a trading without SL. i dont need this kind of problems, so i remember myself to use it all the time!

so many opportunities to trade from top levels, but boss coming around
and watching me haha

ok so the last trade for today was

the price is moving up and touch the 200ema
there is no divergence on 1m trix (its very important!)
and mtf macd m5 was red
i need to say mtf macd m5 the same thing like ema200 m1. really helpfull things. dont trade aganst it, and u ll get the profit.

so +31 pips

and i have 440$ on balance. +93$ for today.

so u can see my 4 main tpl
1 - thv tpl
2 - thv by misspips
3 - default 1m chart + macd
4 - 8 pips range bars + macd

u can say they all the same. but sometimes i can see clearly the situation on black font (thv tpl), sometimes get the situation on misspips tpl and etc

hope tomorrow will be the good day as today

hey. I see u trade off the 1min Chart. I heard that commission will kill you if you trade the lower tf. Is this true at all?

And how much are u risking per trade?

hmm i have no commission for the opening trade, only in stocks. i'm trading forex.

my risk is about 8% per trade, my sl is always 10pips.

saw a pin bar at 15min and jumpnig up
can't control the position, cuz im on my work now and close with a 4pips profit (+11$)

I'm very sad about this day
coz I broke my rules. i didnt set up SL. and started to do smthng on my work. no chance to open my metatrader. and the position was opened when the news (German ZEW Economic Sentiment) was starting to review. i miss that! im idiot!

but thanks god all ended well
here is a trade.

and i got new rule
dont open the trade before news!

UPDATE just had a new trade. but so tired to make a new pic

so today about +65 pips (+4 +51 +10) = +208$

Could you share your indi and template, it's very interesting?

i will share tpl, when come home

today was 4 trades (+16 +18 +6 +2)
2nd trade was
1. trix red
2. macd red
3. we bounced off from daily high

May I ask which is your broker and how much leverage do you use?

Thanks!

im using a service by Russian bank to trade forex.
i also trying to trade on demo by fxpro and alpari, but it unreal to trade with this companies when news comming. coz the quotes from mt4 always freezes. and you dont know whats going on with ur position
i use 1:100 lev

Thank you! But you trade news also? MT4 is quite crap software in my opinion!

so today only 1 trade +24 pips (117$)
i was so nervous. i got a lot of signals but wasn't confident. afraid to loose my money. ahhhhh it was really terrible day.
all movement was in NY session. it's a pity coz i usually don't trade NY.
i clearly see whats going on in London session. clearly see when the price break through asian session's corridor. NY session it's something inconceivable for me.

on demo it's really easy to enter. to enter vs trend. to enter with trend.
ah in real account it's so fakn hard.
need to improve my entry points. I do not want so nervous.
need patience, need confidence.
where i can get this abilities? today i understand i have no this abilities. it's a pity