Thursday, August 28, 2014

2.30PM

Wow.....my last post here was 4 years ago. I don't even remember that this blog still exist.

Anyway, if you read my last post which was in July 2010, I mentioned then that was going to be a fresh start with $2000 as trading capital. Well, that didn't work out either. The account was nearly wiped out after a year. Since then my trading slowed down until end of 2012 when I picked up from where I left off. By this time I have read countless books and reviewed dozens of systems and strategies.  I have also transferred my account from Oanda (US) to Oanda (Asia Pacific).

In 2013 I was perfecting my own method of trading which is based on Price action and Probabilities. This method is much more simpler and easier than any other strategies I tested. I only have 2 EMA's on my charts. I trade only GBP/USD pair. I only open one trade at a time.

By the end of 2013 I deposited US8800.00, added to the existing balance that was in my account makes the account balance US$9010.98. At the time of writing this post, my account balance is $7011 but I have withdrawn approximately US$2884 back to my bank account. So this means that I am already in profit.

I was and still am a long time reader of ForexFactory.com. In the site there is a tool called Trade Explorers that can calculate statistics of your trades by just linking your live or demo accounts of preferred brokers. I finally joined Forex Factory as a member after all this years just to use this tool. So now my trades at Oanda will be displayed and can be viewed by everyone. You can view my trades here.

As of now, I will update and post my thoughts or trades here from time to time.

Trade Well.
Juf

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