It's been a minute since I have posted on BP. I'm glad to be back! A lot has happened in the past few months that has greatly impacted my trading. I have since recently gotten back in with some of the old and some new. I will have to go into more depth in another post about the update, but forward and back testing have shown me I have what it takes to succeed at trading, all I have to do is invest more time, patience, practice and capital in order for me to become a full time trader. By the end of September I am funding my account with a thousand dollars that I will be trading with proper risk management. If I am profitable by the end of October, I'm investing another thousand into my account... so and and so forth through January. Not to mention when tax season comes (I'm very excited)... I'm investing my entire tax return into my account as well.
Enough small talk for now, Onto the gold...
Last week I took upwards of 250 pips profit (since I always trade the same trade size now, all pips are equal). This week I hope to continue the trend of slow steady growth.
That being said, Just closed out of my long position I placed right before close on Friday for roughly 50 pips.
Tonight's trade: EU Long. I longed EU @ 1.14383 and have roughly a 100 pip stop set at 1.134
I expect a minimum of a 50 pip profit today based off the data. Currently Im up roughly 5 pips at the time of this posting.
I will be back again tomorrow am with an update and will be posting my new signal each night at 9 p.m eastern time. I only trade EUR/USD for the time being as well.
Happy trading! Hope everyone has had a good year thus far.