IGFX Trades

I had started another thread for this Explorer but it did not attach the explorer so here is another one.

The aim of this thread is to follow the day to day trading activities on the account linked to this thread through the trade explorer.

My system is pretty simple. I trade the 34,2 Bollinger Bands with a 34,8,8 stochastic. A cross of the 50 level on the stochastic and the middle MA on the BB are my entry signals.

I exit at 10 pips profit or a reversal signal.

Its really that simple, and it works.

I hope to attach some charts but here is today's trade

Oh yeah, I trade the EURUSD on the 15 or 30 min charts during the London and New York sessions.

Objectives.

Average 10 pips per day. Simple

One more thing, My leverage is quite high on this account. The issue of position sizing and the rest is an issue I will get into more details later. First, lets get things rolling and then we'll get back to the other issues later.

The issue of making 10 pips a day, or the average of the same figure is as old as the markets themselves and so I will not indulge in that. Thing is, without objectives.....

I made my 20 pips today by shorting the pair after price closed below the middle BB line.