Sunday, 20 July 2014

July trading results so far - 2014



Hi all,

while so far in July-2014 the profit I have made using the TMS method is totaling $470 currently using $1 per pip as seen below:


Looking at today's chart there are no trades and so will be back tomorrow with another update. Please remember that I am only trading from 6-630am UK time, so if I don't see any trade between that time it will be a no trade day.

I am also using FXCM as my broker just to note.

Have a great day :)

Tuesday, 15 July 2014

Trading Day 1 and July Results so far ( Trading Made Simple Method)

Hi all,

Sorry for the delay in posts:(.

I have been busy at work and also on holiday which was needed :). But the good news is that I have had a great start to July 2014 trading the TMS(Trading Made Simple) system.

The first trade I posted was a loser for $-35.44  but the five other trades this month were winners and showing a net profit of $459.98 using $1 per pip. Lets hope it continues this way :).

The broker I am using is FXCM and I highly recommend you sign up using Cashbackforex to maximise
 profits.

I will post a screenshot of P&L later. I enter any trade from 6-6:30 am UK time and close all trades at 2pm UK time using a 200 pip profit target.

Any questions on how I trade this free system from the Forex Factory please let me know.

Have a great day :)




Tuesday, 24 June 2014

Trading Day 1 ( Trading Made Simple Method)

Hi all,

This is my first trade using the free method that can be found HERE (I DID NOT CREATE THIS METHOD).

Please note that I trade the following pairs only: GBP/USD, EURUSD, USDJPY and GBPJPY.

Timeframe: H4 only

Trade One 

Well I was up bright and early as always and the TDI on the USD/JPY had crossed with a nice gap. The candle stick was the first bullish of the day so I entered a BUY trade as below:

Trade information:

Type:Buy

Size:1.00

T/P: 200 pips

Time: 6:30am in theUK 

I am hoping this will be a winning trade as it looks like a strong signal and I have set a hard profit target of 200 pips. Please note this is my preference and there are no hard and fast rules, just follow your trading plan.

I will close all open trades on the 3rd candle and take any profit or loss as the rules.

Well I be back later with the result of the trade and fingers crossed it's a winner :).

Happy trading:)

Disclaimer

Please note that you trade at your own risk as the information above is just my trading experience. Please seek professional advice before risking your own money. 







Tuesday, 17 June 2014

Early bird trading method - introduction (trading with day job)

Hi all,

I have always been interested in trading and brought many so called systems and methods which all turned out to be profitable only to there publisher, but I have no hard feelings and should have known:). After reading all that crap and losing money I went back to the drawing board.

I was lucky to come across the forum Forex Factory which is a great forum to learn Forex trading and was even luckier to come across a FREE method called Trading Made Simple.

I will go into detail of the system next post.

Happy trading :)