Exness Cent Account Management - No management Fee - From 10$

Hello everyone,

I'm a swing trader.

I trade primarily on Daily chart. I use 4H chart to trail the stop loss level or place a hedging position to reduce the risk.

I'm looking for the Pin Bar pattern, Engulfing pattern and Breakout pattern in combination with wave analysis, trendline rebound, triangle pattern, fibonacci retracement level analysis, support and resistance levels to pull the trigger.

I focus on trade management.

Never grid, never martingale, never scalping... I seriously hate risky money management system.

In this thread, I will show you my real-time positions with my technical analysis and their results

If you like my trading style and my track record, please subscribe!

http://www.myfxbook.com/members/voth...binhood/807405

PERFORMANCE:

2014 Jan: +5.5%
2014 Feb: +1.88%
2014 Mar: +1.25%
2014 Apr: -2.56%
2014 May: +5.29%

If you don't want to miss any trading setups and have exactly the same entry, Stop Loss level, Take Profit level with my master account => contact me for further informations.

Thank you ! Good luck to all !

Long position on NZD/JPY:
Entry @ 86.355
SL : 50 pips
TP: 50 pips
Risk : Reward = 1:1

The reasons why I entered this trade:
- Daily Pin Bar pattern.
- Trendline rebound.
- Strong support level.

Why I choose the TP level at 94.330:
- There's a strong resistance level at the 87.34 area.

I will update the result of this position as soon as it touches SL or TP level.

Here are the illustrations:

Attached Image (click to enlarge)

Attached Image (click to enlarge)

Attached Image (click to enlarge)

Long position on CADJPY:

Entry @ 93.823
SL : 50.7 pips
TP: 50.7 pips
Risk : Reward = 1:1

The reasons why I entered this trade:
- Daily Pin Bar pattern.
- 61.8% fibo retracement level rebound.
- Strong support level.

I will update the profit/loss of this trade as soon as it touches SL or TP level.

Here is the illustration:

Wow, your result is very excellent. But your myfxbook link seems wrong, anyway I got it: http://www.myfxbook.com/members/voth...binhood/807405

Is it yours?

Keep it up, looking forward to you better result.

Regards
PROredart

I have just modified the Stop loss levels of my 2 long positions on NZDJPY and CADJPY => The risk is reduced significantly.

CADJPY update:



NZDJPY update:



Today, I placed a long entry on GBPAUD :
Entry @ 1.81299
Stop Loss @ 1.79370
Take Profit @ 1.83160

Unfortunately, the price immediately goes against my prediction => I have to place a hedging short position with the same volume of the main position:

Entry: 1.80676
Stop Loss: 1.81389
Take Profit: 1.79370 ( = Stop loss price of the long position )


I will update the result as soon as the TP or SL are triggered

My trading decision today:

A short position on GBPCHF

Entry @ 1.50132
Stop Loss @ 1.50783
Take Profit @ 1.49425



NZDJPY update:



CADJPY update:



GBPAUD update:

I placed a hedging long position for the hedging short position => I call this method is "multi-level hedging positions" => The risk is minimized.
Entry @ 1.80885
Stop Loss @ 1.80457
Take Profit @ 1.81389



Happy Trading !

Update trades results:

NZDJPY : -7.4 pips



CADJPY : -12.2 pips



New position today:

Short position on EURGBP
Entry @ 0.81255
Stop loss @ 0.81490
Take Profit @ 0.81008