The Backyard Trader - CopyFX at RoboForex - Medium Risk | Forex Factory

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The Backyard Trader - CopyFX at RoboForex - Medium Risk

  • #1
  • First Post: Edited Aug 7, 2018 10:27pm May 20, 2018 7:05am | Edited Aug 7, 2018 10:27pm

Forex Signal Copy Service

by The Backyard Trader



The Strategy:
Day Trading based on Fundamental Analyses, Economic Behavior and Key Price Levels.

The Opportunity:
Keep it simple - I suggest to start with a $100 investment, because the Risk is Medium. Once you are familiar with my trading style you can increase your account balance as your appetite for profit/risk increase. I myself started trading with $150 and set myself mental goals at $300, $500 and then $1,000.

Do not invest money you cannot afford to loose!

CopyFX: - https://www.copyfx.com/ratings/ratin...it/period/all/ ( No Signal Copy Fee - only Commission on Profits! )

MQL5: - https://www.mql5.com/en/signals/431684 ( $30/month )

SignalStart: - http://www.signalstart.com/analysis/...rdtrader/33528 ( $30/month )

FX Junction: - https://www.fxjunction.com/profile/fxinvestfund ( $30/month )

Contact Details:

  1. Skype: "thebackyardtrader"
  2. Facebook Page: https://www.facebook.com/thebackyardtrader/
  3. Facebook Group: https://www.facebook.com/groups/thebackyardforextrader/


23 July 2018:
So...... I'm taking this back up to $900!!!!
I've done this before and will do it again and this time I will keep it there!!!!
HOW?
DISCIPLINE, PATIENCE, COMMITMENT
You are either with me or against me.....

NOTE:
DO NOT USE MONEY YOU CANNOT AFFORD TO LOOSE
DO NOT USE MORE THAN $100 EVEN IF YOU CAN AFFORD IT

Trade Safe!
  • #2
  • Edited May 21, 2018 12:23pm May 20, 2018 10:48pm | Edited May 21, 2018 12:23pm
Good start for the week and my CopyFX service as my first trade goes straight into profit and banked 9.6%
Trade Safe!
  • #3
  • May 21, 2018 10:46pm May 21, 2018 10:46pm
I'm Short AUDJPY for the day, but don't expect a big push, however I'm confident I'll get at least my +20pips.

Let's watch it
Trade Safe!
  • #4
  • May 24, 2018 12:56pm May 24, 2018 12:56pm
For those of you that followed me from my previous thread will know I build this account up from a low $9 acc balance.

My goal was $100, then $150 and then $200, which I broke today!

My next goal would be to reach $300 before EOM, which leaves me with 5 trading days....

Here we go!

PS: If you have $100 to risk join me for 2 weeks and just maybe you can also make some decent profits! See Post #1
Trade Safe!
  • #5
  • May 24, 2018 2:17pm May 24, 2018 2:17pm
Anticipating GBPJPY to test lower support level during the course of tomorrow...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_24May2018.PNG Size: 40 KB
Trade Safe!
  • #6
  • May 24, 2018 3:12pm May 24, 2018 3:12pm
Quoting fxinvestfund
Anticipating GBPJPY to test lower support level during the course of tomorrow... {image}
Where can I get those Support and resistance Lines there
My Email For Help: [email protected]
  • #7
  • May 24, 2018 10:25pm May 24, 2018 10:25pm
Quoting tcmm
{quote} Where can I get those Support and resistance Lines there
I draw them manually as I see them on the chart
Trade Safe!
  • #8
  • May 25, 2018 9:58am May 25, 2018 9:58am
I closed some of my trades early as I felt that price was loosing momentum.

I'm still very happy with the daily profit and I've reached $223 acc balance.

I know have 4 days to make $77 in order to reach my goal of $300 by EOD Thursday.

Have a good weekend all
Trade Safe!
  • #9
  • May 27, 2018 10:39pm May 27, 2018 10:39pm
Not expecting much movement today, but hey you have to be in it to win it!

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 20 KB
Trade Safe!
  • #10
  • May 27, 2018 11:17pm May 27, 2018 11:17pm
Subed
very interesting approach
  • #11
  • May 27, 2018 11:28pm May 27, 2018 11:28pm
If you have a daily goal of 2.5-10%, does it mean that you close your trades daily?
  • #12
  • May 28, 2018 12:17am May 28, 2018 12:17am
Quoting bulldogwizar
If you have a daily goal of 2.5-10%, does it mean that you close your trades daily?
Hi, yes I normally do close before NY close. It is very seldom I leave it open unless I have allready made my daily profit and I'm +20pips on a trade I'll move the SL to BE and widen the TP and let it run.
Trade Safe!
  • #13
  • May 28, 2018 11:58am May 28, 2018 11:58am
Quoting fxinvestfund
Not expecting much movement today, but hey you have to be in it to win it! {image}
This trade has lost it's momentum and I'm back at BE after +15pips in profit... but hey this is part of trading....
Trade Safe!
  • #14
  • May 28, 2018 12:06pm May 28, 2018 12:06pm
USDCAD is my long-term trade for the week as price makes it's way back up to previous Sell Zone. At this stage fundamentals support this so I do hope price follows.

I'll move my SL to BE when I'm +30pips.

Target = +130pips.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD_29May2018.PNG Size: 32 KB
Trade Safe!
  • #15
  • May 28, 2018 10:36pm May 28, 2018 10:36pm
Quoting fxinvestfund
Not expecting much movement today, but hey you have to be in it to win it! {image}
This is hoe deceiving the market can be.... I had a short order on USDJPY and I closed it yesterday at just about BE, because it was going nowhere.....

Now look at the picture below and you will understand what emotions I'm going through right now.....

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY_30May2018.png Size: 26 KB
Trade Safe!
  • #16
  • May 29, 2018 12:30pm May 29, 2018 12:30pm
Squeezed 9.9% profit for the day, but only 6.4% for the week thus far.

I will still push for $300 acc balance by Thursday, but I'm not going to increase the risk, so if I don't make it, I don't make it.....kapish!
Trade Safe!
  • #17
  • May 30, 2018 10:30pm May 30, 2018 10:30pm
Sorry Ladies and Gents....... I'm pushing so hard to reach my $300 goal by tomorrow that I over traded and picked up 2 losses yesterday, which was completely unnecessary!!!

Focus man
Trade Safe!
  • #18
  • May 31, 2018 5:15am May 31, 2018 5:15am
Quoting fxinvestfund
Squeezed 9.9% profit for the day, but only 6.4% for the week thus far. I will still push for $300 acc balance by Thursday, but I'm not going to increase the risk, so if I don't make it, I don't make it.....kapish!
I'm settling for $265. I know I might be able to squeeze another trade today, but I've allready made my daily target and greed can bite you in the bud quite quickly.
Trade Safe!
  • #19
  • May 31, 2018 11:59am May 31, 2018 11:59am
Tomorrow I'll be looking at USDJPY and GBPUSD to trade.

Below is the two trading zones I'll concentrate on for USDJPY

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY_31May2018.png Size: 27 KB
Trade Safe!
  • #20
  • May 31, 2018 10:38pm May 31, 2018 10:38pm
I've made my GBPUSD setup for the day. USDJPY has given me a similar setup so I'm not going to trade both pairs at this stage as that would increase my exposure.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_01June2018.png Size: 33 KB
Trade Safe!
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