Steve Trading Journal

Have been meddling with this monster for the pass one and a half years with nothing but loss (Have to admit I am a nerd as I trade without any knowledge in fundamental and lost around 1k SGD) but haven't given up yet though.
Recently after purchasing and reading up lots of forex related books, I am back. ^_^
The reason for setting up this journal is to allow me to see how I am trading with my new found knowledge.

My trading system:
1) I don't use my capital to trade anymore but rather I trade using my interest. (That is right I waited for three months to see my $2000USD getting an interest of $10USD and that is my current startup capital. LOL)

2) Trade at $1 per entry and of cos that will grow as my profits increase as for now I will stick to this.

3) Using the popular Support and resistance and round up price (X.XX00) level and trendline as entry points (admit a bit too much but as of now I am more lean towards S/R, trendline and Round up price level)

4) I decided to use fundamentals to confirm the trend rather than technical analysis as I think it is too complicated and messy for me.

This is my trading system as for the exit part I guess the strategy is to keep moving up my take profit level.

31/03/2008 (Cloudy Weather here in Singapore)
As I have just started to trade again I am currently concentrated on monitoring EUR, GBP, USD, JPY and AUD economic reports via forexfactory.com for confirm trend directions. I will not make any entries as of now till I am more conscious of what is happening in the market.

01/04/2008 (Normal day)

Currently compiling economic reports that are less than six months old as I believe anything more than six months old is not worth looking into. During the process my printer ink ran out great. T_T