1% Account Growth A Day

first losing day in the last 14.

I entered the market just a fraction too early on the eurusd before it reversed and then had a poor second entry which i decided to scratch for a 2 pip loss + commission. Really disappointing and was a great looking stop run but just ran a little too far for me.

eurusd

Shrug it off, looks like you are doing a good job , 14 days in a row, I wish I had a 14 day winning streak

Cheers MCRotter

Onwards and upwards!

Its been a tough week this week especially with the vix increasing. I am expecting to see some more volatility in the market s now.

Yesterdays trades + 1.7%

0.74% on friday and just shy of the 2% target for the week. (1.95%)

News wise its been very interesting this week, it looks like things are about to kick off. The volatility index has gone through the roof, the ADR on the gbp has nearly doubled and commodities are all over the place. Its looks like its going to be an intersting month.

Keep your stop losses tight, your entries disciplined and and your money management strong and it could be very profitable.

Looking at the eur and gbp it looks like we have just had a big stop hunt below the previous lows on the 1hr chart. I'm not expecting, but the market could prove me wrong, (something it does well) for the lows to be revisited. (be aware of news events at the moment) An entry on the gbp at 7063 and 3505 on the euro with stops below the lows (10 pips) look like decent short to medium term trades (3 days)

Fridays Trade

Out for a flat trade today. The call over the weekend was to buy the gbp at 5763

I placed my stop be and it just pipped me out.

Well done if you took the trade. 8 pips draw down. If you haven't got your 1%, stop to be and let it run for the next 3 days.

Eur trade still valid