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SLK Forex Journal - Home | forexjournal.weebly.com Reviews
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Forex Journal
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2 trader
3 trading
4 strategy
5 gbp/usd
6 cable
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8 technical
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10 foreign
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Forex Journal

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1

My Strategy - SLK Forex Journal

http://forexjournal.weebly.com/my-strategy.html

RSI, stochs, MACD and all these indicators might work well for many, but I feel uncomfortable with them. I like something simple. I'm using something that has been working well, without any indicators, just strict money management. Time stated here will be in GMT 8. I'll open the GBP/USD chart at 5 pm. I trade the breakout of the channel from 8 am - 5 pm pm. Usually I set up the trade at 3 pips away from the high/low. Stoploss 25 pips, target 50 pips. So few things will happen:. Stop loss hit: 25 pip loss.

2

Money Management - SLK Forex Journal

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This shows how many mini-lots I would trade each attempt, and what is the take profit to set. It shows how many tries I would have before I blow my account. If I am disciplined enough to stick to my plan, my account should grow like this:. A gentleman asked me for clarifications of the tables here, so I thought I'd put up the whole conversation here for anyone else who wonders. Thanks to the gentleman in Singapore. Now that u mention MM, i am looking at your webpage MM section. And only lot sizes change?

3

My Goal - SLK Forex Journal

http://forexjournal.weebly.com/my-goal.html

My plan is to trade on my mini live account and be profitable for some time, maybe 6 months or a year. With that track record, I'll apply to be an account manager, so I can manage other people's money (OPM) for much much higher returns. This way hopefully I'll be able to grow my account to the $100,000 needed to trade standard lots. Build a profitable track record, 6 months and above. Manage other people's funds for much higher returns, to be put into my own trading account. Create a free website.

4

Trade Journal - SLK Forex Journal

http://forexjournal.weebly.com/trade-journal.html

It's easier to keep track of my trades blog style, so visit my forex blog. Create a free website. Create your own free website. Start your own free website. A surprisingly easy drag and drop site creator. Learn more.

5

Backtest - SLK Forex Journal

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Manual backtest results, starting capital $3700 (7 January - 31 July 2008). Capital grew 33% in 6 1/2 months, about 5% per month. Final account balance: $4,929, an increase of $1,229. Backtest based on entry time 4.40 pm, expiry time 8.20 pm. This is not to replace the 50 pips plan, but to put on top of it. Am going to test this out on the same time period I just tested to see what's the difference. The account grew 47.75% in 6 months, about 7.3% per month. Create a free website.

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SLK Forex Journal - Home

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Forex Journal Software - The4xJournal is Forex Trading Journal Software and Database to Journal Your Forex Trades - Trade Journal Diary | The4xJournal computer software allows you to document, track, and journal your currency trades and is a great Forex Jo

The4xJournal software allows you to journal your forex currency trades. Some features include:. Note entry for each currency pair you trade. The ability to insert and store your chart screenshots with notes about that specific trade. Insert observed or back tested trade screenshots and notes. The ability to insert and store your recorded trade movies. Keep track of pips gained or lost, time and date, time in trade, and trading strategy used. View on your iPad, iPhone and iPod Touch.

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FOREX EDUCATION AND ANALYSIS

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Financial Freedom - Home

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Forex Joustar | Trading Systems | Forex Software

Dear Fellow Forex Trader,. My name is Derin K Walters and I am a long term Forex and stock trader with several years of experience. I am here to talk to you about forex and also show you something that me and my team discovered. What you as a trader need to know is how to use something that works and STICK TO IT! With The Correct Approach, Setup And Discipline, YES. You Can WIN Trading Forex! Nal you when to buy or sell. And believe it or not! It is Very ACC URATE. Let Me Show You How It Works. Here are ...

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