I am trying to build up a bit of a track record in a public forum, so this seems to be as good a place as any. I trade mainly the GBP and EUR/JPY using tech indicators on a 2hr chart. I enter with a position size that I can close half at a certain level. I do use Oanda, which lends itself nicely to this, however if you were using another platform, you would be required to open with 2 lots etc. My trades can last hours or days.
I have been trading this method for while and it does semm pretty consistent, so I'm pretty confident this journal will show a profitable result. Like most systems, there will be losers, but they will be pretty well controlled. The trick is to catch the big moves, which will more than make up for the losses. Currently short on the GBP and the EUR/JPY, so I'll have to wait on new signals. As most of my trades are 'at market' orders, I will enter my trades on my platform and then immediately call the trades here in this forum, so there maybe a few pips out of sync, but hopefully should work out in the wash.
Now I Just have to wait on some new trades, and looking forward to the challenge. Cheers.
I have been trading this method for while and it does semm pretty consistent, so I'm pretty confident this journal will show a profitable result. Like most systems, there will be losers, but they will be pretty well controlled. The trick is to catch the big moves, which will more than make up for the losses. Currently short on the GBP and the EUR/JPY, so I'll have to wait on new signals. As most of my trades are 'at market' orders, I will enter my trades on my platform and then immediately call the trades here in this forum, so there maybe a few pips out of sync, but hopefully should work out in the wash.
Now I Just have to wait on some new trades, and looking forward to the challenge. Cheers.
JAGfx