lot1: +50pips Moved lot2 and lot3 to break even Stopped out at break even Was a HUGE whipsaw due to the GDP data coming out for the US. Theres still more news to come. Not the greatest week for a trend trader Total So Far: +602pips

My first post on Fxfactory and first journal

Sell GBP/USD @ 1.9582 SL: 1.9642 Target: Lot1: 50pips, Lot2: 100pips, Lot3: TBA Noticed MacD and RSI negative divergence on 4 hour and 1 hour charts (used 1 hour to confirm, its the only time i ever go below 4 hr chart)

My first post on Fxfactory and first journal

I will be posting my strategy later this week, very busy this week, exam and papers due

My first post on Fxfactory and first journal

Total So Far: +552

My first post on Fxfactory and first journal

all 3 lots stopped out at -60pips so -60*3= -180 heres the money management for the trade: 1) I bought 3 mini lots and had $6551 in my demo account so.. True leverage: 30,000/6551= 4.58:1 (below 20:1) 2) My stop loss was 60 pips initially so at 3 ...

My first post on Fxfactory and first journal

I opened up another demo account using my broker's dealstation, MGForex I currently have $6551 in the account so i will be using this w/ mini lots to be more realistic on how i would go back into the market w/ a live account. I will post my money ...

My first post on Fxfactory and first journal

Sell GBP/USD @ 1.9479 SL: 1.9539 Target: Lot1: 50pips, Lot2: 100pips, Lot3: TBA

My first post on Fxfactory and first journal

lots 2 and 3 stopped out at break even Total So Far: +732

My first post on Fxfactory and first journal

lot1 closed at target for +50pips lot2 and lot3 stops moved to break even

My first post on Fxfactory and first journal

this is just a side note for anyone interested in trading Trading in the Zone by Mark Douglass is a MUST READ, I am currently 3/4's of the way through and am very impressed to see his philosophy on why professional traders are able to be ...

My first post on Fxfactory and first journal

Buy GBP/USD @ 1.9535 SL: 1.9475 Target: Lot1: 50pips, Lot2: 100pips, Lot3: 200pips

My first post on Fxfactory and first journal

does that actually close out the trade or does it just open up a separate order?

My first post on Fxfactory and first journal

closed out lot2 and 3 at 1.9508 for a profit of: lot2: +14pips lot3: +14pips Total so far: +682pips

My first post on Fxfactory and first journal

Lot1: grabbed +50pips Stop loss moved to break even on lot2 and 3 Target for lot2 and 3: 1.9422 (+100pip for each) Question for everyone!! Does anyone know how to set a target price for individual lots in mt4?? I can only do this manually... I am ...

My first post on Fxfactory and first journal

Sell GBP/USD @ 1.9522 SL: 1.9582 Target: lot1: 50pips, lot2: 100pips, lot3: TBA

My first post on Fxfactory and first journal

lot3 was stopped out at 1.9583 for +50pips this was due to a news spike from the GBP Retail Sales coming out worse than expected So this trade gave me a total of +200pips Total so far: +604pips

My first post on Fxfactory and first journal

lot1: +50pips lot2: +100pips lot3: target: 1.9733, stop: moved to 1.9583 (+50pips lock-in)

My first post on Fxfactory and first journal

GBP/USD @ 1.9533 SL: 1.9473 Target: lot1: 50pips, lot2: 100pips, lot3: TBA

My first post on Fxfactory and first journal

thx Bob appreciate the positive comments lot3 stopped out at 1.9490 @ break even So total so far: +404pips

My first post on Fxfactory and first journal

lot3: target: 1.9376 (+114pips) stop: breakeven MacD and RSI are both showing strong positive divergence, so we will see where this trade ends up

My first post on Fxfactory and first journal