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Forex trading is definitely one of the most lucrative online jobs today. You can work at your own time and pace without a terror boss breathing behind your neck. Most of the online brokers allow their new traders to open forex account for as low as $1! that's amazing!

If you are still a newbie i this kind of business, I recommend you to GOOGLE the following for you to understand more about forex, CLICK the top most GOOGLE result to get the best information.

I WILL POST HERE TOMORROW MY FIRST FOREX FREE SIGNALS, (EUR/USD).

Time of entry should be 0600H (phil. time, GMT+8)

Good luck and happy trading!

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Showing posts with label trading strategies. Show all posts
Showing posts with label trading strategies. Show all posts

Date: November 21, 2008
Time: 0600H Phil Time (GMT +8)
Pair: EUR/USD
Position: SELL
Entry Price: 1.2455
Target Price: 1.2425 (30 PIPS)
Stop Loss: 1.2555 (-100 PIPS)
Remarks: Target Price Hit (30 PIPS)

My Forex Trading Journey Nov 15

Tragic trading day as it seems as of this week. EUR/USD gone wild early in the morning (Phil time)spiking a very huge uptrend candles in its first hours, I positioned SHORT and set my TP at 1.2600. I'm 13 pips shy of my target and it went straight back up again hitting my SL, so I lost more that 10% of what I have earned this week. But still this is an excellent week for me. 8.82% is not bad. Gain is gain no matter how small or big it is.

no. of trading days: 6
platform/broker: fxcm
initial capital: $5,000.00
pair: eur/usd
leverage: 1:400
trading system: pivot point/grid systems (with sma/ema, rsi) for short/medium/long term trends
money management: 1% and 0.5% total capital per trade
open trade/s: 0
open order/s: 0
equity: $5,440.82
floating p/l: $0.00
ending balance: $5,440.82
gain percentage: 8.82%

My Forex Trading Journey Nov 10

Hello dear visitor, I made a couple of wining trades yesterday and my equity rose 6.75%. Though market as of this time is very shaky, trading seems to be a GAMBLE. But just stick to your system. Follow your indicators and limit your losses.

no. of trading days: 2
platform/broker: fxcm
initial capital: $5,000.00
pair: eur/usd
leverage: 1:400
trading system: pivot point/grid systems (with sma/ema, rsi) for short/medium/long term trends
money management: 1% and 0.5% total capital per trade
open trade/s: 2
open order/s: 9
equity: $5,298.58
floating p/l: $50.00
ending balance: $5,337.41
gain percentage: 6.75%