Long Term is almost in action — I have developed most of my new long term trade strategy. Unfortunately my broker doesnt offer very good rollover rates for carry trades so that wont benefit me, but i am feeling confident about this strategy ...

My Path To Financial Freedom

Just to update my status, I will be taking a minor break in my trading to research long term trading, i have had a great experience and learned tons in the past few months, but i have realized that although it will be more of a challenge i think, ...

My Path To Financial Freedom

ahh yes i feel like i am drawing too many trendlines at the moment, do u have like a general rule of thumb as to how far back you go, do ur trendlines depend on how many bounces there were on it etc. im asking all this because i really want to be ...

Steviet's Live Trades!

well done Steve, Do think this may be the end of the drop for GBP, bounced of a support trendline that started 10/16/06 I attached a picture of what im seeing

Steviet's Live Trades!

well a pip = $1 the way i have it set up.. so wherever you see pip just put dollar

My Path To Financial Freedom

a.Hit stop for -44pips on both 2 lots Cumm Earnings: -430pips .. thats what happens when you break the rules... definitely time to take a break to review this weekend

My Path To Financial Freedom

its a good thing the weekend is here, I will THOROUGHLY go through my trading in the past 2 months over this weekend to organize my money management, i feel that my losses have been too big for how big my wins are.. I set my targets so that my ...

My Path To Financial Freedom

Buy @ 1.9855-- (-5 for spread) – 3lots a.Stops: 1.9816 (risk -44pips)

My Path To Financial Freedom

yes, this is true, good suggestion I have just never used a demo/live account that lets you use less than a full mini lot size

My Path To Financial Freedom

i actually just placed a buy at 1.9855 since the levels matched up as todays low, i only used 2 lots as it is not what i normally do

My Path To Financial Freedom

i. Hit stop for -39pips on all 3 lots Cumm Earnings: -342pips looks like another one that just went almost 100% the wrong direction... this will be the last trade for this month since i started on the 11th price broke through 3 major support lines ...

My Path To Financial Freedom

Buy @ 1.9910-- (-5 for spread) – 3lots a. Stops: 1.9876 (risk -39pips) b. Lot 1: Target—1.9958 c. Lot 2: Target—1.9983 d. Lot 3: Target—1.9998 I will probably move my targets before the news release at 7am

My Path To Financial Freedom

Gbp B 1.9907/9887 S 1.9958/77 Im looking for entry at 1.9908 again

Can I make 40% per month consistently

heres todays levels, ill be waiting for entry again at 1.9908 interest rates at 7am so i will trade accordingly to the time frame

My Path To Financial Freedom

i. Moved stop to breakeven at +25pips ii. Hit breakeven Cumm Earnings: -225pips Im very happy with this trade since i got in at 1.9908, which price has bounced off 3 times, 1 pip away from todays low It was good for a move of almost +30pips.. also i ...

My Path To Financial Freedom

Buy @ 1.9908-- (-5 for spread) – 3lots a. Stops: 1.9876 (risk -37pips) b. Lot 1: Target—1.9958 c. Lot 2: Target—1.9983 d. Lot 3: Target—1.9998

My Path To Financial Freedom

Since price is trending UP and recently broke a long term resistance trendline which has now become support (1.9900-1.9910 level) I will be looking to buy at 1.9908 since that matches robs level I will place my stop at 1.9876, which will allow me to ...

My Path To Financial Freedom

heres robs levels for today followed by my levels

My Path To Financial Freedom

hey dave, Do you have record of your cumulative earnings so far, just curious to know how you were doing. Lookin forward to seeing your profits

Can I make 40% per month consistently