My Metatrader Trade Blog

  

     About My Metatrader Trade Blog : 
I created this blog of my mt4 charts to document my trades and give others an inside transparent look into my own success with forex trading.

     About Me ( 7 Years Later ) : 
I'm no different than most traders. I have blown 5 accounts in my days and tried every popular indicator with minor success. If I knew back then it would take me this long to succeed, I may of never started trading, but nonetheless I'm glad I did. I don't consider myself an expert yet, but more of an "advanced level" intermediate trader.

     My Trading Tools of Choice : 
1. My first observation to price comes from a simple understanding of single price candles - how they form, WHERE they form plus their reaction and speed.

2. Fibonacci is my price measuring tool and the second critical ingredient to trading.
  Learn How To Trade Automated Trading My Video Archive
 
       My Current Trading Performance:
       26 losses 128 wins Win Rate = 83.11%

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02/08/11

Feb 08

Categories: Winning Trades

UsdJpy Short +21 pips

I'm going to share a small conversation I had the other day with another trader. This person was wanting to trade what appeared to be every hour. He was constantly wanting to be in a trade at all times - so it seemed. He asked how often I traded, and I said when ever price sets up just right which on average is about 2 trades a week sometimes more. He seemed shocked!!

But see, here's the thing I said to him. If you knew a set up that didn't fail, would you wait for it, EVEN if it took a week or a month to appear? I got no response from him, but I hope his answer would of been a YES.

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01/28/11

01/22/11

Jan 22

Categories: Winning Trades

UsdJpy +110 Pips

Trades like this are extremely nice when they set up just right and with a very tight stop. Very small risk, very large reward !! &amp;#58;&amp;#36;&amp;#58;&amp;#36;
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01/18/11

Jan 18

Categories: Winning Trades

GbpJpy Short + 55 Pips

This is a scary pair for many traders. High volatility and fast moves. Came out a winning trade. I was about 99% confident in this one !! On a side note - my AudUsd trade below lost and has been re-labeled as a losing trade
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