Day 2 : First Profits !

btw this is spot trading so you got roll over the next day (check it in google about spot fx trading)

Currencies : EUR/USD
Qty : 10,000
Side : Sell
Price : 1.2241

voila !! first profits ! first trade was 1.2151 and then 1.2241 ! 90 pips different ! (do the math) which equal to $90 !

ok good start now unto the second trade

1. Strategies Used : Income Generator
   Currencies : NZD/CHF
   Qty : 10,000
   Price : 0.796
   Side : Sell (Shorting)
   
   
2. Strategies Used : Sniper
   Currencies : USD/CHF
   Qty : 10,000
   Price : 1.1487
   Side : Buy(Long)
   
   
3. Strategies Used : Sniper
   Currencies : USD/CHF
   Qty : 10,000
   Price : 1.1507
   Side : Sell
   Total Profits = $20 (20 pips)
   
   

DAY 1 : Dawn of a Noob's trader

DAY 1 : Dawn of a Noob's trader (18th May 2010)

So i purchased the following :

Strategies used : Pivot Trading
Currencies : EUR/USD
Qty : 10,000
Price : 1.2151

this is a bit of risky gun blazing trading since i entered when the risk is kinda high (not exactly 1:1, unfortunately i realize after i've entered), and the price movement is below the pivots line (quiet far)...ill provide pictures next time

What the hell is this blog for ?

Hey boys n girls...

Okay so i decided to create this trading blog as a journal for my personal trading activity and to help all of those people that wanted to start trading.

Personally I've been through couple of seminars about tradings (stocks, options, forex, cfd's, etc.) however most of those seminars i attended a bit to early (a.k.a im still too young and doesnt have enuf monies), just recently i've attended a seminar by Greg Secker from Knowledge to Action pty ltd, its mainly about Forex trading, just google it..anw i got the offer from empowernment australia, some kind of organisation that promotes these kind of seminars about wealth and motivational things...

So yeah i recommend that training for anyone who's interested to start Forex trading cuz he's preety honest and decent guy, and most importantly he knows what he's doing but be prepared to invest approx +/- $10,000 AUD to open your account ($5000) and to attend his programe ($5000) and then an airfare to Sydney to his trading floor (im in Melbourne btw)...

For starters i'ved used the following tools for my trades :

1. ThinkOrSwim for my broker account (i know lots people dont agree to use this broker as a forex trading account, but hell...u can use anything u like..im sticking to this first)

2. eSignal (charting tools) - monthly cost is incurred (check it out in their website)

3. ForexFactory.com - very very nice forums/websites for forex news and tips

So yeah lets start with the trades :

OK ! im not really gonna reveal their secret in forex trading (cuz im gonna be in a lot of trouble if i did hahaha) so im just using this blog to record my trading strategies and its results....if u guys have any question just put a comment in this blog or just email me at chria1@gmail.com..NOW ! off to next section