Fast FMT: -40
FMT: -40
EFMT: -38
Total: Fast FMT -80, FMT -72, EFMT -31
Probably should have used a long candle filter but I have decided no to... I should have.
5/31/2011
5/30/2011
5/27/2011
5/26/2011
May 26th
I hung on today and it paid off...:)
Fast FMT: +10
FMT: +35
EFMT: +38
Total: Fast FMT -50, FMT +8, EFMT +45
Fast FMT: +10
FMT: +35
EFMT: +38
Total: Fast FMT -50, FMT +8, EFMT +45
5/25/2011
May 25th
Fast FMT: +10
FMT: +35
EFMT: +7 (TP didn't get hit by 2 pips, so TL did its job)
Total: Fast FMT -60, FMT -27, EFMT +7
FMT: +35
EFMT: +7 (TP didn't get hit by 2 pips, so TL did its job)
Total: Fast FMT -60, FMT -27, EFMT +7
5/24/2011
5/23/2011
May 23rd
FMT: no trade
Instatrade platform and FxPro showed no trade today but some other brokers (regarding to the FMT forum) showed short and it was a win... :(
Instatrade platform and FxPro showed no trade today but some other brokers (regarding to the FMT forum) showed short and it was a win... :(
5/20/2011
5/19/2011
5/18/2011
May 18th
FMT: -40 pips
Fast FMT: +10 pips
Total: FMT -132 pips, Fast FMT -90 pips
I will start trading the system with setting 38 SL, 38 TP, 27 pips TS as well... Let's see how it goes with better risk reward ratio... All with 2% risk
Fast FMT: +10 pips
Total: FMT -132 pips, Fast FMT -90 pips
I will start trading the system with setting 38 SL, 38 TP, 27 pips TS as well... Let's see how it goes with better risk reward ratio... All with 2% risk
5/17/2011
5/16/2011
5/15/2011
May 13th
FMT: -40 pips
Fast FMT: -40 pips
Total: FMT -52 pips, Fast FMT -60 pips
It was a black Friday 13th for me... I traded only 2% the FMT and it was a good move. I will continue with 2% just to stay more conservative.
I had an amateur day though in my own trading. Was trying to "catch the falling knife" like some say. Just a lot of stupid mistakes and also a little bit of bad luck with two trades hitting my SL exactly on pip and then turning and hitting my TP... well, trading is not easy and I have stay calm. Tomorrow back to work:)
At least 24 USD back from Cashbackforex made me happier...:) That is money for a week of trading and I am trading only microlots. I am looking forward to have a bigger account.
On Zulutrade I took some more Signal Providers out to stay only with the conservative ones. Now I am down to 9 providers, all of them I trade with only microlots (except for one that is trading strategy similar to FMT and has low SL). There are 4 Signal Providers I would recommend. I have traded with all of them for at least 2 months, with Mercury for 3 months. All of them stick to their strategy, have a strick stop losses and I have a profit from trading with them. With Mercury it took me 2 months to get positive but he says that in his strategy description... Here are the 4 that I can recommend:
Mercury FX, FX Combo, FOREXTECHNO - [EURUSD_LT] , FOREXTECHNO - [SYSTEM_A]
There are others I use but it is not long enough to recommend them...
Fast FMT: -40 pips
Total: FMT -52 pips, Fast FMT -60 pips
It was a black Friday 13th for me... I traded only 2% the FMT and it was a good move. I will continue with 2% just to stay more conservative.
I had an amateur day though in my own trading. Was trying to "catch the falling knife" like some say. Just a lot of stupid mistakes and also a little bit of bad luck with two trades hitting my SL exactly on pip and then turning and hitting my TP... well, trading is not easy and I have stay calm. Tomorrow back to work:)
At least 24 USD back from Cashbackforex made me happier...:) That is money for a week of trading and I am trading only microlots. I am looking forward to have a bigger account.
On Zulutrade I took some more Signal Providers out to stay only with the conservative ones. Now I am down to 9 providers, all of them I trade with only microlots (except for one that is trading strategy similar to FMT and has low SL). There are 4 Signal Providers I would recommend. I have traded with all of them for at least 2 months, with Mercury for 3 months. All of them stick to their strategy, have a strick stop losses and I have a profit from trading with them. With Mercury it took me 2 months to get positive but he says that in his strategy description... Here are the 4 that I can recommend:
Mercury FX, FX Combo, FOREXTECHNO - [EURUSD_LT] , FOREXTECHNO - [SYSTEM_A]
There are others I use but it is not long enough to recommend them...
5/12/2011
5/11/2011
5/10/2011
5/09/2011
5/07/2011
May 6th
FMT: +35 pips
Fast FMT: +10 pips
My notebook was off today in the morning so the trailing stop did not work, therefore I get a full win, otherwise I would have only a few pips. Sometimes we have a good luck:)
Total: FMT -7 pips, Fast FMT +10 pips
Fast FMT: +10 pips
My notebook was off today in the morning so the trailing stop did not work, therefore I get a full win, otherwise I would have only a few pips. Sometimes we have a good luck:)
Total: FMT -7 pips, Fast FMT +10 pips
5/05/2011
5/04/2011
May 4th
FMT: +2 pips
Fast FMT: +10 pips
Total: -42 pips, Fast FMT 0 pips
So far the FMT works OK. My trading is going better, but it is more work and much more screen time...:)
Here are my today's trades and one trade that I have just opened - again, it is a withthetrend trade, entered because of support (now resistance) at 0.86 level. SL 25 pips, TP 56.
UPDATE: this trade hit the SL, so I entered short again...
Fast FMT: +10 pips
Total: -42 pips, Fast FMT 0 pips
So far the FMT works OK. My trading is going better, but it is more work and much more screen time...:)
Here are my today's trades and one trade that I have just opened - again, it is a withthetrend trade, entered because of support (now resistance) at 0.86 level. SL 25 pips, TP 56.
UPDATE: this trade hit the SL, so I entered short again...
5/03/2011
GBPUSD
One trader asked me about my opinion on GBPUSD recently... The long time trend is long (on weekly), but we have had a nice price action from historic resistance...
If you shorted yesterday, you could have made a nice profit (or still are in a nicely positive trade). But for me, I dont see a good oportunity now, I mean I dont know where we are going now, because when we look at 4hr chart, there is confluence of 100 MA, 50 Fib and a quite strong support (used to be a resistance), so I am not sure if it will go further down... If the price breaks the 1.64 level and then retest it, I would go short, with TP of around 1.62 or so... But we would have enter on retest to have a good risk to reward ratio.
If you shorted yesterday, you could have made a nice profit (or still are in a nicely positive trade). But for me, I dont see a good oportunity now, I mean I dont know where we are going now, because when we look at 4hr chart, there is confluence of 100 MA, 50 Fib and a quite strong support (used to be a resistance), so I am not sure if it will go further down... If the price breaks the 1.64 level and then retest it, I would go short, with TP of around 1.62 or so... But we would have enter on retest to have a good risk to reward ratio.
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