Goldmine!

FX4Newbies · Dec 26, 2010, 3:29pm

The weekly chart wrap-ups are now posted on the blog for those who would like another view.

Take care,

FX4Newbies

FX4Newbies · Dec 27, 2010, 9:34am

Good Monday Morning Traders,

Price found support and pushed off...approaching support again at the time of this post. Will see if more buyers are present to go higher...or whatever the market says.

Take care,

FX4Newbies

FX4Newbies · Dec 27, 2010, 10:57am

Hello again Traders,

When I began this thread in June of this year, it was my intention to share my analysis using the Pitchfork as well as my trades. Well, the analysis side took on a life of its own and I did not post as many trades. For the coming year, I have decided that the best way for those interested in seeing the outcome of the trades, was for me to set up an account with MT Intelligence. The attachment will show the details.

I will also use this account as an example to help traders who may be starting with what is the usual minimum account size of about $250.00 USD. I will trade/manage this account in phases:

Phase 1: Trade 1 mini-lot, which would be about 10% of the equity. Daily Profit Target: 20 pip minimum. Once the account has doubled, we will enter Phase 2. I will begin trading this account after the New Year.

I think it will be an exciting journey...at least for me

.

Take care,

FX4Newbies

NOTE: The trades may not be published immediately after I click, but will be available for viewing some time thereafter.

FX4Newbies · Dec 28, 2010, 8:19am

An updated view of EU.

Take care,

FX4Newbies

FX4Newbies · Dec 31, 2010, 8:20am

Hello again,

Price at WL1 finding resistance. Needs to find support and more buyers to go higher.

Take care,

FX4Newbies

FX4Newbies · Jan 1, 2011, 8:30pm

Weekly chart wrap-ups are now posted on the Blog.

FX4Newbies

FX4Newbies · Jan 3, 2011, 7:02am

Good Morning Traders,

Well, thus far, the EU had been showing sings of weakness. Found support at L-MLH of teal green fork. Will have to see if it can hold. Red arrow shows area to watch. Don't presume, just let the market confirm.

Take care and all the best for the New Year.

FX4Newbies

FX4Newbies · Jan 4, 2011, 7:50am

EU is now battling with some resistance. FOMC Minutes later today. ML intersection above. Price still in uptrend territory. Let price confirm which way.

FX4Newbies

Dec 26, 2010, 3:29pm	#473
FX4Newbies Veteran Member Member Since Apr 2010 660 Posts	Weekly Chart Wrap-Ups Posted The weekly chart wrap-ups are now posted on the blog for those who would like another view. Take care, FX4Newbies __________________ My Pitchfork Goldmine Blog.: The market has a cheque for me. I'm just waiting for it to tell me when it will be ready, and where I need to go to pick it up.

Dec 27, 2010, 9:34am	#474
FX4Newbies Veteran Member Member Since Apr 2010 660 Posts	Price Pushed Off Good Monday Morning Traders, Price found support and pushed off...approaching support again at the time of this post. Will see if more buyers are present to go higher...or whatever the market says. Take care, FX4Newbies Attached Thumbnails __________________ My Pitchfork Goldmine Blog.: The market has a cheque for me. I'm just waiting for it to tell me when it will be ready, and where I need to go to pick it up.

Dec 27, 2010, 10:57am	#475
FX4Newbies Veteran Member Member Since Apr 2010 660 Posts	Trading Journal and Money Management 4 Starters Hello again Traders, When I began this thread in June of this year, it was my intention to share my analysis using the Pitchfork as well as my trades. Well, the analysis side took on a life of its own and I did not post as many trades. For the coming year, I have decided that the best way for those interested in seeing the outcome of the trades, was for me to set up an account with MT Intelligence. The attachment will show the details. I will also use this account as an example to help traders who may be starting with what is the usual minimum account size of about $250.00 USD. I will trade/manage this account in phases: Phase 1: Trade 1 mini-lot, which would be about 10% of the equity. Daily Profit Target: 20 pip minimum. Once the account has doubled, we will enter Phase 2. I will begin trading this account after the New Year. I think it will be an exciting journey...at least for me . Take care, FX4Newbies NOTE: The trades may not be published immediately after I click, but will be available for viewing some time thereafter. Attached Thumbnails __________________ My Pitchfork Goldmine Blog.: The market has a cheque for me. I'm just waiting for it to tell me when it will be ready, and where I need to go to pick it up. Last edited by FX4Newbies; Dec 27, 2010 at 2:01pm.

Dec 28, 2010, 8:19am	#476
FX4Newbies Veteran Member Member Since Apr 2010 660 Posts	An Updated View of EU An updated view of EU. Take care, FX4Newbies Attached Thumbnails __________________ My Pitchfork Goldmine Blog.: The market has a cheque for me. I'm just waiting for it to tell me when it will be ready, and where I need to go to pick it up.

Dec 31, 2010, 8:20am	#477
FX4Newbies Veteran Member Member Since Apr 2010 660 Posts	EU at Warning Line Hello again, Price at WL1 finding resistance. Needs to find support and more buyers to go higher. Take care, FX4Newbies Attached Thumbnails __________________ My Pitchfork Goldmine Blog.: The market has a cheque for me. I'm just waiting for it to tell me when it will be ready, and where I need to go to pick it up.

Jan 1, 2011, 8:30pm	#478
FX4Newbies Veteran Member Member Since Apr 2010 660 Posts	Re: Goldmine! Weekly chart wrap-ups are now posted on the Blog. FX4Newbies __________________ My Pitchfork Goldmine Blog.: The market has a cheque for me. I'm just waiting for it to tell me when it will be ready, and where I need to go to pick it up.

Jan 3, 2011, 7:02am	#479
FX4Newbies Veteran Member Member Since Apr 2010 660 Posts	Re: Goldmine! Good Morning Traders, Well, thus far, the EU had been showing sings of weakness. Found support at L-MLH of teal green fork. Will have to see if it can hold. Red arrow shows area to watch. Don't presume, just let the market confirm. Take care and all the best for the New Year. FX4Newbies Attached Thumbnails __________________ My Pitchfork Goldmine Blog.: The market has a cheque for me. I'm just waiting for it to tell me when it will be ready, and where I need to go to pick it up.

Jan 4, 2011, 7:50am	#480
FX4Newbies Veteran Member Member Since Apr 2010 660 Posts	Where's EU? EU is now battling with some resistance. FOMC Minutes later today. ML intersection above. Price still in uptrend territory. Let price confirm which way. FX4Newbies Attached Thumbnails __________________ My Pitchfork Goldmine Blog.: The market has a cheque for me. I'm just waiting for it to tell me when it will be ready, and where I need to go to pick it up.

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