This is the 7th week of Forex Day Trading with the 5EMAs Trading System. This week, I only took 3 trades, with all 3 trades turning out to be winners.
My Day Trading Results With The 5EMAs Forex Trading System
This is the week by week results for forex day trading with the 5EMAs Forex Trading System.
Starting [...]
Entries from November 2007
My 7th Week of Forex Day-Trading: +3.09%
November 25th, 2007 · No Comments
Tags: Day Trading · Forex Trading · Forex Trading Systems · Trading Thoughts
Finding Your Trading Success
November 22nd, 2007 · No Comments
In the course of your trading education, you’ll come across many various trading strategies, tactics and techniques. Some of them might make sense to you, some of them won’t.
There are traders who have traded for quite some time (and I mean in terms of years, not weeks or months) who still find it difficult to [...]
Tags: Forex Trading · Trading Lessons · Trading Psychology · Trading Thoughts
A Review Of The Sure-Fire Forex Trading System
November 21st, 2007 · No Comments
The Sure-Fire Forex Trading System is a forex trend trading system based on proven trading concepts. Mark McRae, the creator, has put together a very well organized and solid forex trading course that covers many important aspects of forex trading.
Areas covered in the course are:
Understanding how the forex markets operate
Products available to be traded in [...]
Tags: Forex Trading · Forex Trading Strategy · Forex Trading Systems
My 6th Week of Forex Day-Trading: -0.83%
November 18th, 2007 · No Comments
This is the 6th week of day trading with the 5EMAs Forex Trading System. I’ve started applying more trading discipline this week, with only 4 trades taken.
My Forex Day Trading Results With The 5EMAs Forex Trading System
These are the week by week results over the past 6 weeks of taking the complete 5EMAs Forex Trading [...]
Tags: Day Trading · Forex Trading · Forex Trading Systems · Trading Lessons · Trading Psychology · Trading Thoughts
My Fifth Week of Day Trading: +3.32%
November 10th, 2007 · No Comments
This is the fifth week of my day trading adventures with the 5EMAs Forex Trading System. It’s been more fun this week, and I’ve cut down on the mistakes made in week 3 and 4.
My Forex Day Trading Results with the 5EMAs Trading System
This is the update of the past 5 weeks where I’ve been [...]
Tags: Day Trading · Forex Trading · Forex Trading Systems · Trading Lessons · Trading Thoughts
Drawdowns and Required Percentage Gains
November 9th, 2007 · No Comments
Do you really understand how important managing your trading risk is?
Going through drawdowns isn’t only something that a trader has to manage emotionally and psychologically, it impacts your overall trading results. How?
Drawdowns and Required Returns
Let’s take a look at how drawdowns can impact your overall trading performance.
To simplify the implications, take a look at [...]
Tags: Forex Trading · Money Management · Trading Lessons
A Review of The Forex Killer Forex Trading System
November 5th, 2007 · No Comments
If you’re looking for an automated, forex trading signal generator that can help you improve your forex trading results, you’ve got to check out the Forex Killer Trading System.
One of the greatest problems that traders face is deciding when to enter a trade. This indecision as to whether the signal is “right” or “wrong” causes [...]
Tags: Day Trading · Forex Trading · Forex Trading Strategy · Forex Trading Systems · Trading Thoughts
My Fourth Week of Forex Day Trading: -5.74%
November 4th, 2007 · No Comments
This is the review of my fourth week of day-trading with the 5EMAs Forex Trading System.
These are the trading results for the past four weeks of day-trading with the 5EMAs Forex Trading System.
My Forex Day-Trading Results
Since I started forex day-trading from October 8th 2007, these have been my results week-on-week:
End of Week 1: $10,513.20 (+5.13%)
End [...]
Tags: Day Trading · Forex Trading · Trading Lessons · Trading Thoughts
USDCAD Head and Shoulders Pattern 05
November 2nd, 2007 · No Comments
In the midst of all this testing of forex day-trading, here’s a follow-up on the USDCAD Head and Shoulders chart pattern trade. It’s only one trade, but when you get one like this and manage it accordingly, it’s a big whopper for so little work.
This is the 5th follow-up post on the USDCAD head and [...]
Tags: Chart Patterns · Forex Trading · Forex Trading Strategy · Technical Analysis · Trading Lessons · Trading Thoughts
Forex Day-Trading Through News Announcements
November 1st, 2007 · No Comments
When your forex day trading system is based on technical analysis, there are basically three elements to learn:
The understanding of your forex day trading system
The actual execution of your forex day trading system
The times when you should NOT execute your forex day trading systems
Forex Day Trading Systems Based on Technical Analysis
When your forex day-trading system [...]
Tags: Day Trading · Forex Trading · Technical Analysis · Trading Lessons
