gbp usd and gbp jpy seems that have finish the down move and maybe they will go up now…
this is not a advice!!! is just my point of view. but it could give the opurtunity for a good trade
gbp usd and gbp jpy seems that have finish the down move and maybe they will go up now…
this is not a advice!!! is just my point of view. but it could give the opurtunity for a good trade
i will post here my trades with SL and close time.
don´t follow them for now, but if you like them follow my system
my first trade here will be:
sell eur gbp at 0.9128.
my sl is at 0.9158
my first TP is 30pips and move sl to BE at 20pips profit
i´m seing a double top pattern in aud jpy in 5M chart. if my MA cross i i´ll sell it.
usd cad is at a 4h strong support line at 1.0450
if my ma´s cross i´ll buy it
close my eurgbp trade at 0.9078
made 45 pips with it
i also made 190 pips in gbpjpy and 120 pips on gbp usd
a nice day:D
i sell now audjpy 79.97 with SL at 80.35 my first TP will be 40 pips
i´m still in the phase when i don´t try to make alot of money but just make money consistently every day.
and i think i reach that already.
after my first phase when i has risk 2-3% of my account per trade in my live account (with good results but alot of stress) i found that the trick is always keep the heart beat very low so now i only risk 0.2 - 0.5% of my account per trade.
and with that risk management i still can made 1-3% profits per day. i know that´s not super amazing but now i get profits with no stress at all.
this is how it looks my pc screen right now… and it looks like that almost every day now.
http://i842.photobucket.com/albums/zz349/ruilima22/excel.gif
so i very glad with what i´ve reach so far in forex trading… i´ve a great system, i´m start to have a good discipline and because i risk so litle my emotions don´t interfere in my actions.