My notebook - "Target 2000 pips per month "

Hello fellow forum members ,
First of all few words about myself . I'm trading in the forex market for 4 years already while 2 out of them i'm earning money. My method isn't based on technical analysys , my entries take place after strong market signals , while taking special attention at markets opening hours and financial data publication hours .The method used by me was learned from " veteran " forex trader . I won't hide the fact that i'm still in touch with him but nowadays our conversations deal only with different aspects of the market .
Depends on the time i'll manage to find i'll share with you my achivements .

see ya till the next post......

Hello ,

Sorry i took me a while but i had many things on my head last few days....
So , the session yesterday started with some optimistic mood for my opinion .
I opened long's for all of my 4 pairs i'm trading with , unfortunately it didn't last for long. The market became horizontal .
I saw nice short " jumps " on the market before the asian markets were opened .
My result for yesterday was +224 pips , i opened 4 long's before the european markets opened and after that 4 short's before the start of an american market , hopefully i'll make about 2000 pips profit this month .


https://mail.google.com/mail/?attid=...820dbb967b5399https://mail.google.com/mail/?attid=...820dbb967b5399



for those having difficulties seeing the graphs here are the links:
http://img709.imageshack.us/i/gbpusdi.gif/
http://img101.imageshack.us/i/gbpjpyf.gif/
http://img18.imageshack.us/i/eurusde.gif/
http://img651.imageshack.us/i/eurjpy.gif/
https://mail.google.com/mail/?attid=...820dbb967b5399https://mail.google.com/mail/?attid=...820dbb967b5399

Hello ,
Friday's session was very problematic in my opinion . As you know it all started with the asian session . Sudden strengthening of usd and jpy , on the pairs i'm working with , efficiently blocked entries before european session .
Finally i decided on two entries only with eur jpy and eur usd pairs. The pairs with gbs i decided not to touch due to data and corellation lack .
My friday's profit was +121 pips
Monthly profit : +1536
Year 2010 : + 5711 pips

See ya on monday
Have a great weekend.

http://img268.imageshack.us/i/eurusdo.gif/
http://img213.imageshack.us/i/eurjpy.gif/
https://mail.google.com/mail/?attid=...82f06676505df6https://mail.google.com/mail/?attid=...82f06676505df6

Let me guess ,trading the news??

Can you explain what you meant ??

You said your method isn't based on Technical Analysis and it you focus on financial data publication. AKA news trading. I only use trends as TA and I like Fundamental analysis very much ,so hope you share with us ur style.

To me it looks like trading big sup or res

Brb-Fraudin:
No , you didn't understand me , i don't relay on forex data at all , my method relies on astimating the market at taken moment .As for forex data i take into consideration only the hours of publication , i never "believe the market " and i don't think i should explain it to anybody here , when i see a direction i jump in .

ingmarforex :
yeap , i take only small steps moving always forward , for me it's like that for 2 years already .

Hello ,
Monday ( 26/04 ) session was quite difficult for me and i managed to earn only a few pips .For this reason on tuesday (27/04 ) i was a bit skeptic considering the "truth" of the market which means i was afraid of false entry signs .But although my skepticism , waiting almost until the beginning of european markets ,i entered with shorts .
My gain happily earned was + 364 pips.
Monthly profit : +1960 ( almost my target )
Year 2010 : + 6135 pips

http://img100.imageshack.us/i/gbpusdg.gif/
http://img189.imageshack.us/i/gbpjpyv.gif/
http://img682.imageshack.us/i/eurusdz.gif/
http://img571.imageshack.us/i/eurjpy.gif/
https://mail.google.com/mail/?attid=...83ef5aaa14d8bc
https://mail.google.com/mail/?attid=...83ef5aaa14d8bc
https://mail.google.com/mail/?attid=...83ef5aaa14d8bc
https://mail.google.com/mail/?attid=...83ef5aaa14d8bc

Hello
It's a second day in a row that the market goes crazy.For us in the forex market those are the best times in which we are able to earn lots of money .
On 04/05/10 i worked only till midday because i had to keep on studying ....
I opened on each of my pairs short's which gave me total gain of +234 pips .
Yesterday ( 05/05/10 ) was bit worse . I waited all day long for short entries until i reached the time of entrance . I entered for a short period of time after economic data from US and because i was worried about the american stock market i got out earning +201 pips .
My gain this month : +435 pips
Year : +6750 pips
This are the links for graphs from session 04/05/10 :
http://img534.imageshack.us/i/gbpusdg.gif/
http://img20.imageshack.us/i/gbpjpy.gif/
http://img413.imageshack.us/i/eurusdl.gif/
http://img64.imageshack.us/i/eurjpy.gif/
And these are from yesterday's session :
http://img132.imageshack.us/i/gbpusd2.gif/
http://img21.imageshack.us/i/gbpjpy2.gif/
http://img404.imageshack.us/i/eurusd2f.gif/
http://img38.imageshack.us/i/eurjpy2.gif/

That's all for now fellows .
See ya.

Yesterday's session was my first this week fellows. I decided to wait until all the mess will pass .Unfortunately , till now i don't see the end of it .
Yesterday i waited for the market jump from the morning . Also , in order to stay on the safe side i waited until the beginning of the european markets.
After waiting for a while there was actually a jump although i thought the market will be horizontal today.
My pairs with JPY gave me a great comfort entering longs, and due to JPY weakens and with USD getting stronger i gained quite few pips. GBP also got stronger but it was only for a short period of time.
Summering the day , my exit was a bit to early but i was afraid of turnovers like the day before .
my daily profit :+210 pips
Monthly:+645 pips
Year :+6780 pips
http://img130.imageshack.us/i/gbpusdw.gif/
http://img413.imageshack.us/i/gbpjpy.gif/
http://img192.imageshack.us/i/eurusdm.gif/
http://img185.imageshack.us/i/eurjpyf.gif/


See ya.

Looks like a very easy clean strategy you have here. Not getting them all but the majority seem straight forward. Is the use of the 10 min chart a major part of the system or just a personal choice?


Great Trading Ken

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