£500 to a million spread betting Forex

I'm going to take my account up to £1,000,000 . Watch and learn .

That sounds good. Don't forget though that my FX Book is notoriously easy to fake, and that scammers do it routinely. Not much point therefore in using it to prove results.
 
That sounds good. Don't forget though that my FX Book is notoriously easy to fake, and that scammers do it routinely. Not much point therefore in using it to prove results.

not here to prove anything mate , just my Journal .
I find fxbook extremely handy for keeping track of my progress .
 
I had never heard of myfxbook, I have just googled it. Looks interesting, is it any good? and is it safe to link it to your trading account?
 
not here to prove anything mate , just my Journal .
I find fxbook extremely handy for keeping track of my progress .

No no, not saying you are. I didn't know what your intentions were, that's all. If you just want to use it for your own purposes I'm sure it's very good.
 
anyway ....some charts im looking at , gbpusd .

Could be a break out of this upper wedge on the weekly chart, or maybe short it down to the 200 ema on the daily , will see what happens on Monday ?

I take most of my trades of the H1 charts with some levels taken from the dailys and sometimes weeklys .

I might try an entry on the M15 sometimes too .

I will be risking about 5% of my account per trade with a max stop around 150 pips .
so if i have a 150 pip stop that will be 20p per point or if i have a 75 pip stop 40p per point ....something like that.

ah yea ...im working full time too so most trades will be in the evening , and i should take '' Forex '' out of the thread title cos i will be trading gold and oil too.
 

Attachments

  • gbpusdbreakout.PNG
    gbpusdbreakout.PNG
    74.2 KB · Views: 334
anyway ....some charts im looking at , gbpusd .

Could be a break out of this upper wedge on the weekly chart, or maybe short it down to the 200 ema on the daily , will see what happens on Monday ?

I take most of my trades of the H1 charts with some levels taken from the dailys and sometimes weeklys .

I might try an entry on the M15 sometimes too .

I will be risking about 5% of my account per trade with a max stop around 150 pips .
so if i have a 150 pip stop that will be 20p per point or if i have a 75 pip stop 40p per point ....something like that.

ah yea ...im working full time too so most trades will be in the evening , and i should take '' Forex '' out of the thread title cos i will be trading gold and oil too.

Hey Price

You seem to trade the same instruments as me. I trade gold, oil, eur, gbp. I post a few ideas sometimes.....have a flick through the thread.

http://www.trade2win.com/boards/general-trading-chat/116880-current-charts-you-find-interesting.html

What style of trading are you going to use? and how will you manage trades during the day if you working?

Good Luck and all the best (y)

Im quitting my day-job in the next two weeks:eek:...and will be day trading full-time.
 
What style of trading are you going to use? and how will you manage trades during the day if you working?

Good Luck and all the best (y)

Im quitting my day-job in the next two weeks:eek:...and will be day trading full-time.

will just be basic horizontal support , trend line break outs , re-tests and Heiken Ashi candles . I will just put my stops in and check the price when i can maybe on the iphone but i dont like moving my stops to early anyway .....will see .

Good luck yourself , cheers .
 
will just be basic horizontal support , trend line break outs , re-tests and Heiken Ashi candles . I will just put my stops in and check the price when i can maybe on the iphone but i dont like moving my stops to early anyway .....will see .

Good luck yourself , cheers .

I'm pretty much the same except i don't use trendlines at all :). I use long tailed pin bars too for re-tests of S/R with the daily trend. Exits are tough but i think heiken ashi could be very useful for that; which pairs/markets will you focus on?
 
I'm pretty much the same except i don't use trendlines at all :). I use long tailed pin bars too for re-tests of S/R with the daily trend. Exits are tough but i think heiken ashi could be very useful for that; which pairs/markets will you focus on?

will be the FX majors and gold , oil , maybe s&p500 .........yea i've only just started using Heiken Ashi and i find them alot easier than normal candles .
 
Your pressing the same buttons and keeping the same hours
can I come a long for the ride
 
Top