My trading account

Forex is a Poker Game not a Chess game
its the best odds not the best player

The most important rules.
1. Trade with the trend
2. Must have a target and a stop lose
3. Must have 2 to 1 Risk to reward ratio to trade (better 3 to 1 RRR)
4. Find a good trigger - Master it. Know it’s really not that important
4. Find a trade put it on and forget it let it run;; do not play with it : Win Lose and move on.
5. Only take the 2nd or 3rd swing in a move
6 only 3% each trade no more the 9% total

http://www.forexfactory.com/attachme...1&d=1318369267

Again the System is not really that important
I am using 50sma and a 14 CCI
S/R Trend lines and candles
Maybe Fib window 38% to 62% area

http://www.forexfactory.com/attachme...1&d=1318382178


The Key to trading is math.
I can control my odds in the Risk Reward Ratio(RRR)
Its the Win Loss Ratio(WLR) I have to figure out

100 trades of 100 lots each

1:2 risk reward ratio
1 to 1 Win Losers ratio = 50 lots
2 to 1 Win Losers ratio = 101 lots
3 to 1 Win Losers ratio = 125 lots
4 to 1 Win Losers ratio = 140 lots

1:3 risk reward ratio
1 to 1 Win Losers ratio = 100 lots
2 to 1 Win Losers ratio= 168 lots
3 to 1 Win Losers ratio = 200 lots
4 to 1 Win Losers ratio = 240 lots

Pre- Market

Account $100,000

Quite a number of possible set ups on the Day and 8 hours charts,
nothing on the 4 hour and the 1 hour.

Will look again at 8pm

I still have no signals - but I am watching.

1st trade 1 to 3 RRR

Day trade - audusd
Short
2% of account
entry: 1.0202
SL: 1.0405
TP: 0.9555

2nd trade 1 to 3 RRR

Sell limit
Day trade - eurusd
Short
2% of account
entry: 1.3795
SL: 1.3955
TP: 1.3305

Good luck mate

some set ups on the 4 hour charts

2nd trade 1 to 3 RRR

Sell limit
Day trade - eurusd
Short
2% of account
entry: 1.3795
SL: 1.3955
TP: 1.3305


Was put in LS is now MS


3rd trade
Tue 17/10 MS audusd Day/2% Short (E) 1.0245 50% (SL)1.0405 (TP) 0.9555

Day &Date/Ent/ pair/ Time frame/%/ short-long/entry/Reason to enter/SL/ TP/pips count
Mon 17/10 MS audusd Day/2% short 1.0202 3 CR 1.0405 0.9555 61
Mon 17/10 MS eurusd Day/2% short 1.3795 3 CR 1.3955 1.3305 56
Tue 18/10 MS audusd Day/2% short 1.0245 3 CR 1.0405 0.9555 18

at

entry 1 - 50
entry 2 + 61
entry 3 - 7

Day &Date/Ent/ pair/ Time frame/%/ short-long/entry/Reason to enter/SL/ TP/pips count
Mon 17/10 MS audusd Day/2% short 1.0202 3 CR 1.0405 0.9555 18
Mon 17/10 MS eurusd Day/2% short 1.3795 3 CR 1.3955 1.3305 47
Tue 18/10 MS audusd Day/2% short 1.0245 3 CR 1.0405 0.9555 27

Up date at market close up 164 dallors

Hour trades

Date/Day Margin pair Short/long (Enter)Stop loseTarget entry RRR pips Out come
Thru 20 Nov 4%bGPBUSD Short (MS) 1.58151.57261.5793 1 to 3.5 90 Win
Thru 20 Nov 4%bEURUSD Short (MS) 1.38521.37061. 3809 1 to 3 105 Win
Thru 20 Nov 4%bGPBUSD Short (MS)1.58151.57061.5793 1 to 3.5 120 Win


Thru 20 Nov 4%EURUSDShort (LS) 1.37931.36601. 37631 to 3
Thru 20 Nov 4%GPBUSDShort (LS) 1.58051.57101.57821 to 3

Day trades still runing
no new day trades . range trades so o was doing hour trades
[font=Calibri][color=#984806]Mon 17/10 MS audusd Day/2% short 1.0202 3 CR 1.0405 0.9555 33
Mon 17/10 MS eurusd Day/2% short 1.3795 3 CR 1.3955 1.330518
Tue 18/10 MS audusd Day/2% short 1.0245 3 CR 1.0405 0.9555 10

Hour charts

Thru 20 Nov4%EURUSDShort (LS) 1.37931.36601. 3763 1 to 30 loss
Thru 20 Nov 4%GPBUSDShort (LS) 1.58051.57101.5782 1 to 35 loss

Fri 21 Nov4% EURUSDShort (LS) 1.37931.36601. 37631 to 3 126 win
Fri 21Nov 4% GPBUSDShort (LS) 1.58051.57101.57821 to 3 8 still on --45 loss

Starting to see trends coming into the markrts !!!

also been read an amazing ebook I found here on FF
its summery of
Sam Seiden supply and demand
its
BS Trading

Buying and Selling No Bull
By Kenneth Lee

Date/Day Margin pair Short/long (Enter) - Stop lose - Target- Entry - RRR pips Out come
Fri 21 Nov 4%b eurchf Short (MS)- 1.2355- 1.2230- 1.2312- 1 to 4 -- ---

I am looking to enter maybe at a low price lower

Date/Day Margin pair Short/long (Enter) - Stop lose - Target- Entry - RRR pips Out come
Fri 21 Nov 4% nzdusd Short (MS)- 0.8032- 0.7875- 0.7997- 1 to 3.5 -- ---


There are signs Possitive usd vs the cad, aud and nzd
the nzd looks like it is the weekest of the 3 also its the only one
I can get a RRR of 1 to 3 or better

I am betting we will not get good news out of euro world this weekend.
the market is better the reverse ... I think this is dumb money
and as the usd is weaker then the jpy

I like this trade if I get it
if the euro world does get its rear in gear I am dead.

I am starting to watch Gold and Silver
I did not take it but was I saw the set up on gold

Date/DayMargin pair Short/long (Enter) - Stop lose - Target- RRR pips Out come
23/Sunday 4% audjpy day short 80.56 73.5 0.8014 1 to 3 9