Hey all,
I somehow lost my old login, so I’ll be posting from this one.
On 27 November I started with $50 in my trading account and in this thread I’ll be updating my progress on my journey of turning it in to $1000.
I trade based on my own technical analysis, trade faily big but not excessively big. Risking maximum 10% of account per trading day.
It’s now the 30th and I’ve already run it up to $110.35.
Feel free to comment, ask questions or contribute.
Good Stuff. Looking forward to see your future trades.
Long eur/usd 1.3079, targeting 1.3120, stop 1.3058.
No disrespect, But i saw enough threads like this which didn’t last more than a couple of day’s.
It’s of help, if you can put down your trading strategy and your experience in trading the markets.
You mean you would like to know how I find my trades?
Yeah I’ll get round to posting analysis here. I’m active on a couple of forums plus have a blog plus other projects so it’s a bit difficult, but I’ll get round to it soon.
The proof is in the pudding, wait and see.
Short now eur/usd 1.3080
Going short here eur/usd 1.3072, stop 1.3090, target a lot lower.
1- Macd histogram crossed under zero on 4 hour
2- negative RSI divergence with price action usually means price action follows in direction of rsi divergence (down)
3- Slow stochastics crossed and pointing down.
Currently trading 1.3050, was a good call!!
Btw, account balance up to $128. Alive and kicking.
Sell or buy?
How many trades do you take per week ?
how much risk do you take ?
R:R ??
Going long 1.2970 stop below 1.2955.
Reason:
15 minute candle basing formation and too far deviation from ema’s (moving averages)
possibly a breakout and retest of the descending trendline on daily. After this retest, it’s possible to pull straight back up and continue the uptrend.
Been a little quiet on the thread, but challenge is still on in full force.
Account balance $133.22 as of 11 Dec.
I’ll post a few more trading recs this week with graphs and such of my entry points and reasoning behind WHY I take the trade.
Proof of trades and account:
