Archive for 'forex results'

Safe to go Back into the forex Markets Yet ?

Thursday, June 18th, 2009 at 2:16 pm  

Hi, This is an update to the post earlier in the week advising my LMT Forex Followers not to trade until the current market turmoil settles down. My advice, nay insistance ! is continue to stay away. As you can clearly see in todays 4 hour Forex Chart of the aud ( I could have used…

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LMT Trade Plan Week 15th June & Results

Sunday, June 14th, 2009 at 3:05 pm  

Last week I received over 40 LMT Forex Signals including 12 off the daily charts. I personally took 12 trades, all of which were winners. Some only hit the 1st target and pulled back and took out the 2nd lot at entry, but as I have explained often, I have found this to be the…

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Risk Reward in Forex

Saturday, May 16th, 2009 at 3:47 pm  

The secret to becoming a successful forex trader is the ability to maximise your gains and minimise your losses. This is easier said than done ! In my 1st month trading forex I won 65% of the trades and yet I somehow managed to lose money ! Obviously my losses were bigger than my wins,…

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6th May Results + 118 pips

Wednesday, May 6th, 2009 at 6:59 pm  

In April most of my 1800+ pips were made from breaks of asian high and low ranges. This week it has been bounces off 200 emas+ lots of other reasons. This is not my normal method of trading. I am adapting to the market as I see it on an almost daily basis at the…

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5th May results + 48 pips

Tuesday, May 5th, 2009 at 7:10 pm  

Lots of smaller trades today, without much success on follow throughs. I was trying to get back in the good books with my wife, so had to go out and only traded a few hours in the morning, London session. The following is a euro/$ trade, bounce off a 200ema. The chf bounced down off…

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4th May Results + 220 pips

Tuesday, May 5th, 2009 at 2:33 pm  

I was in big trouble with my wife yesterday. I said I wasn’t going to trade as it was a bank holiday.* All the family came back from the beach for lunch & I sneaked into my office for a peek at the charts “just in case;”- it was so obvious  I had to take…

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April 2009 Results + ?? Pips

Sunday, May 3rd, 2009 at 5:40 pm  

Well i didn’t make it to 2000 pips, but still my best month ever trading forex. If you had traded $10 a pip following my strategies you would have earned $18.000+ in a month !! The pleasing thing for me was twofold. 1) The profit was made using low risk, repeatable trades. 2) That I…

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29th April Results + 213 pips

Thursday, April 30th, 2009 at 8:44 am  

Great start to the day. My euro/$ trade which I opened yesterday, as explained in my results, closed for a 145 pip profit. I have then taken 20 pips off a gbp and +20 on a euro long, break of the asian overnight high. And a further 28 pips off the 2nd euro lot. Still…

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