forexnoob101's journal - part III

A little synopsis of my journal to come. I am a trader in the foreign exchange market for a few years and have decided to start yet another journal. My first journal has been officially closed and am extremely thankful and grateful for its performance, and for everyone watching. It has truly been a blessing. My second journal has just been closed due to the fact that the investor would need his funds for months at a time for his business and forgot to tell me upon investing. For this reason I have decided to start my third and final journal here on Forex Factory using my own funds. Most of the funds are coming from my first journal and a little from the second journals commissions.

The point of this journal is not to replicate the first or second journal in any way, shape, or form. That was the whole point of starting something new.

My goal for this journal is to aim for 1% a day during the first phase. I will aim for more some days, other days I will aim for less depending on market conditions. Only after the first phase I will decide on what to do next.

I do not give out signals, recommendations, or an analysis, so please do not ask. This journal's purpose is to post results only.

Thanks again for understanding.

forexnoob101

Balance - 2,747.95 USD

Leverage - 200:1

Broker - IBFX


The type of trading style I decided to use for this account applies many tools which mainly feature Patterns, Gann Lines, Average Cost, Elliot Wave Patterns, Candlesticks, Ihimoku Kinko Hyo, the Fibonacci Retracement Tools, Moving Averages, Heiken Ashi, Moving Averages and eASCTrend 6.0 (not the one made for MT4, the original version)

Also please note I have 2 other traders/partners I have implemented for this account to have 24/5 coverage from Brazil and Japan.

forexnoob101

Account Balance = $2,824.45 USD
Performance on July 20th, 2008 = + 2.78%
Total Performance - Since Inception (July 20th, 2008)= + 2.78%

Account Balance = $2,874.27 USD
Performance on July 21st, 2008 = + 1.76%
Total Performance - Since Inception (July 20th, 2008)= + 4.54%

No trades

Total Performance - Since Inception (July 20th, 2008)= + 4.54%

Account Balance = $2,921.87 USD
Performance on July 23rd, 2008 = + 1.65%
Total Performance - Since Inception (July 20th, 2008)= + 6.19%

Account Balance = $2,837.60 USD
Performance on July 24th, 2008 = - 2.88%
Total Performance - Since Inception (July 20th, 2008)= + 3.31%

Account Balance = $2,908.06 USD
Performance on July 25th, 2008 = + 2.48%
Total Performance - Since Inception (July 25th, 2008)= + 5.82%

*due to rounding total performance calculations are corrected at the end of the trading week

Sorry I have to close this thread as I have an emergency and will not be back for many months.

forexnoob101