7/02/2010

July 2nd Statement

This week was fine with 1 minute daily. Actually if you look at the pictures it worked great:) Another two or three weeks like that and we are back to the best level ever... This week I tried to play a bit with the PT more. On Thursday I managed to squeeze a little more pips from both pairs thanks to trailing stop. What I do is that if I see a clear direction (on longer time frame) and see that the pair is moving quite strongly my direction (the same way as on the longer time frame) then if I am sitting by my computer I cancel my regular TP. When the price goes and hits the original TP, I close half of my position. Then I leave the rest on trailing stop and watch for sudden move against me. We will see how this works. It is more discretionary and demands time in front of the computer but it might help get bigger winners, which is the key to every successful trading. If you are starting with this system just stick to the rules and you will be fine:)




















And of course my account statement  







There is a public holiday over here on Monday and Tuesday so I might not be able to trade because I will be away. I am holding my fingers crossed for you guys to get some winners:)

4 comments:

  1. Well done! You seem much happier than yeaterday! You can have a weekend feeling good now!! Hope goes well next week.
    Phil

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  2. Hi Phil,

    yes, I am!:) I hope others are doing well too!

    Have a nice weekend

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  3. HI Slurpee
    What a great week for 1 min daily.Wish there could be plenty of these weeks.
    Did you get one of my e mails I sent you?

    Regards
    Shawn

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  4. Hi Shawn,

    yes, it was a great week indeed:) I did get your email but didnt have time to response until today. I will write you in an hour or so...

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