Hello,
I am a novice trader who has been learning all aspects of Forex for nearly one year. I have a live account that is currently on hold while I learn to trade with discipline, using a method that suites my personality and style of trading.
In my blog Drain The Banks, I will be posting my daily trading results. I am using the well known cult status “Drain The Banks” method.
The purpose of this exercise is to give myself a resource where I am able to identify mistakes that I may have made in trading and also to help me decide which pairs and money mangement I would like to adopt with this strategy.
I will be taking “Classic DTB Reversal” trades on the m15 chart. More information is on my blog but to summarise:
h1 semafor
m15 trigger
SL: Break of S/R
TP: 5+ pips
I am currently using a demo account and plan to trade this method live if this test proves to generate positive results. I aim for 10 pips a day.
I upload screenshots of many of the “classic DTB reversals” that I trade, winners and losers.
Please visit Drain The Banks to follow my progress and drop me a comment.
Below is an example of a winning trade (5+ pips):
