From $100 to $10k in 50 trades

Update:

major hit on Friday (caused by my stupidity - about 80%), only about $30 left... next week will be an all-in week, and depending the results, I will recondsider, how to continue... somehow I will...:-)

Open positions from Friday:
EURUSD short from 1.3125
USDJPY long from 98.15

Just to add to my last post.

I have especially studied the EU pair although what I'm going to say doesn't just apply to EURUSD exclusively. But I've noticed that just about every week we get at least two 100 pip swings. Whoever is trading these swings (more then likely some BIG players) is picking up 200 - 350 (some weeks) pips a week. If they are big players they are probably trading multi-lots which adds up to a lot of bucks. Of course there are always opposing parties to the trade - if they are buying, there are plenty people selling (usually small suckers like us!!) and vise versa.

So, obviously, I have been spending a lot of time looking for their "trigger point". Find it and one could be on to something really good and I think I'm on to it with this new strategy. Time will tell of course!


Rgds

New System

Already two winning trades on: Gold (1472 - 1478), USDCHF (still running)

Hi uafx

I've decided to open up my 21 SMA system on FF but I don't want to start a new thread.

There is a lot more important info on the strategy that I need to share with those who are interested and if you give me permission, I can post the info and charts as well as set - ups and trades in progress here on your thread.

It's up to you.


Just don't lose heart because this strategy is a winner!

Rgds

Jerry

OK, you've got my permission...:-)

I didn't loose my heart, so if your strategy is a winner and you want to share, then welcome here once again...:-)

Hi uafx

Thanks - but's it's Ok - I have decided to post the strategy on my own thread:


http://www.forexfactory.com/showthre...62#post6659962


Will start posting some charts and more info tomorrow