Bio: I've traded forex for the 3 years, and during that time I lost about 3 grand. It wasn't until 5 months ago that I started reading james16 thread and started to consistently profit with my demo account. Now I've decided to trade live and move my journal online.
Pairs: I trade the EURUSD and GBPUSD.
TimeFrame: I utilize the Daily Chart to analyze the status of the market, then move down to the H4 to determine the trend, and then move down to the 15 min chart to find a good entry point
Trading System: Price Action/Market Action, I try to identify the direction of the market in the daily chart, then move down to the H4 charts to identify the trend, and then move down to the 15 min to find entry.
Trading Routine: I start off my trading day at 9PM EST and for 1 hour I analyse the market. Then after analysis, I'll start trading until 2PM EST and then for the next hour I'll review the day and type out my reasons and if I made any mistakes. I'm going to post every analysis and reviews on this thread for the viewers to critique or just think about.
Goals: Like everyone, My Goal is to make money full time off of Forex, but I have a bigger goals. My bigger goal is to help my parents and their church members financially. I believe that It's only through Christ that I can achieve any sort of victory in life, so I am going to give everything back as I have received.
Trading Journal: Like I said, I'm going to post my analysis, my review of the day, my charts, and my entries/exits. I would really want everyone who views this thread to give any thoughts. I believe that is the only way anybody can get better.
I tend to be a detail freak, so I will be posting every single detail I can find.
I understand that most people here in Forex Factory aren't mean, but just in case.
Disclaimer: This thread is nothing more than a record of my personal opinion. My analysis, my reviews, my trades are nothing more than personal actions/beliefs that should not in anyway shape or form influence your decision.
Pairs: I trade the EURUSD and GBPUSD.
TimeFrame: I utilize the Daily Chart to analyze the status of the market, then move down to the H4 to determine the trend, and then move down to the 15 min chart to find a good entry point
Trading System: Price Action/Market Action, I try to identify the direction of the market in the daily chart, then move down to the H4 charts to identify the trend, and then move down to the 15 min to find entry.
Trading Routine: I start off my trading day at 9PM EST and for 1 hour I analyse the market. Then after analysis, I'll start trading until 2PM EST and then for the next hour I'll review the day and type out my reasons and if I made any mistakes. I'm going to post every analysis and reviews on this thread for the viewers to critique or just think about.
Goals: Like everyone, My Goal is to make money full time off of Forex, but I have a bigger goals. My bigger goal is to help my parents and their church members financially. I believe that It's only through Christ that I can achieve any sort of victory in life, so I am going to give everything back as I have received.
Trading Journal: Like I said, I'm going to post my analysis, my review of the day, my charts, and my entries/exits. I would really want everyone who views this thread to give any thoughts. I believe that is the only way anybody can get better.
I tend to be a detail freak, so I will be posting every single detail I can find.
I understand that most people here in Forex Factory aren't mean, but just in case.
Disclaimer: This thread is nothing more than a record of my personal opinion. My analysis, my reviews, my trades are nothing more than personal actions/beliefs that should not in anyway shape or form influence your decision.