9/30/2010

Disasterous week for GU

Well, it is not even Friday and we already know, that GU is giving us quite a hard time this week... I didn't trade today, there are some strong resistances I consider on both pairs I trade... See pictures:




















BUT! The statistics talks for itself...DO NOT stop trading now, because the winners are on its way! We have to stick to the system that works... and 1MD works, we have seen it! HOLD ON

UPDATE:
if anyone stayed with the system, you have a nice win on GU today... Unfortunately I wasn't at my computer:(

9/26/2010

Little changes

You can see that there are two trades open, those are not 1MD trades. I saw some possible price action trades this week so I took 4 of them... 2 were losses, two are winners where partial profit is taken and the rest of positions is still open with SL set to BE+1. From now on, I might take this kind of trades if I have time and see some... Also I will use one signal service with very little risk because I find their results good and the trades easy to set. I know that I have said I would trade only 1 MD to see how it performs, but I also realised that my purpose of this site was to show that it is possible to transform a few hundred USD into a few thousands in one year, not to make this site only 1MD trading results:) I hope you won't get mad at me...

UPDATE: guys, don't waste your time with buyforexsignals.com. They dont respond to emails at all and their results are fake... I also talked to Phil that is posting here and will try FxChilds play system...

September 26th Statement

Hi fellow traders! Last week was decent. GU 4:2, UJ 2:3 (1:4 for me), so I am break even, the ones that follow strictly the rules are slightly positive...:)























9/20/2010

Bad luck

Just so you can see how bad luck can work sometimes...:) This is my todays loss on GU...

9/19/2010

September 19th Statement

Hi all,

if you were trading last week, you ended up nicely positive. Seems like things are changing in our favour again:) I stayed out of GU as I stated earlier but if you traded it as per plan, you had 3 wins and 1 loss. I cought only 1x1 but I believe we are going to move again which will bring us more winners...
On UJ there were 2wins and 1 loss which I also had on my account. One trade is still open, hopefully it will reach the TP:)
I know we have had another hard time weeks before this one, but we have to stick to the plan and hold on...

























UPDATE: I just took GU buy from Friday. With the same amount risked, which means I risk much less, because the price is lower. So if it goes against me, I will lose much less than if the trade got triggered on Friday as it should but with much higher profit potential...

9/16/2010

In GBPUSD again...

I think we might be trending again in GU, so today I put orders on this pair again...

9/15/2010

A few words

I just wanted to put my today's thoughts here... Of course, there is no trade on UJ today, because the band is WAY TOO WIDE. We can see what a government intervention can do to a market:) My opinion though is that the government cannot fight the market for a long time, if the direction is short and the overall mood will stay short. But we will see, what happens...
The GU on the other hand might go finally some direction and that will be the moment I will get back to trade this pair.

What are your thoughts on this situation, guys?

9/13/2010

Last 14 days

As I look at the last 2-3 weeks, 1 MD is having a very hard time... Luckily for me, I was away but those of you guys following strictly the system are experiencing some drawdown. On GU, there were 2 wins x 12 losses, which is really awful. As I look on daily chart, we are in a obvious sideways market, so I will stay away on this pair until we move out of the channel. As an indicator I will look at the wawe indicator...
On UJ we had 3 wins and 5 losses and 3 trades are still open (if you follow the rules properly)... Here we are in a clear downtrend so I will keep trading...

Lets hold on, better times have to come, as always!












9/07/2010

Hello from Mallorca

Hi guys,

I am sending warm hello from sunny island in the meditteraen sea. I have very limited connection access but maybe from tomorrow I will be able to put in the trades. As I see the beginning of this week is good, hopefully most of you took the trades and packed some $$$!:)

Take care,

Slurpee