So, im still very much the noob, but had my first profitable week lask week (I know, no pretence, do it for 3 months blah blah).
I have decided, of a weekend, to look at the majors and at least have a plan for the week. At the moment will such a small amount of capitol invested, I only trade for short periods, most orders are in for 3-4 hours and then I grab 10-30 pips of profit. However I do try to manouver a couple of posiitons to a few days to play the broader fundamentals.
To that end I have written up this plan : http://myforex-adventures.blogspot.c...ly-report.html
Now, I dont expect it to be right (I am still learning) but I would be interested in feedback, thoughts on bothering having a plan like this and also other elements I should consider when drawing up a plan.
I didnt cut n past it here as its a bit long and also I dont really want to be seen as giving advice as Im very much at the Muppet end of the Muppet to Master scale.
Still be interested in feedback.
I have decided, of a weekend, to look at the majors and at least have a plan for the week. At the moment will such a small amount of capitol invested, I only trade for short periods, most orders are in for 3-4 hours and then I grab 10-30 pips of profit. However I do try to manouver a couple of posiitons to a few days to play the broader fundamentals.
To that end I have written up this plan : http://myforex-adventures.blogspot.c...ly-report.html
Now, I dont expect it to be right (I am still learning) but I would be interested in feedback, thoughts on bothering having a plan like this and also other elements I should consider when drawing up a plan.
I didnt cut n past it here as its a bit long and also I dont really want to be seen as giving advice as Im very much at the Muppet end of the Muppet to Master scale.
Still be interested in feedback.