ThinkExist Dynamic daily quotation
“Many of life's failures are people who did not realize how close they were to success when they gave up.”
- Thomas Alva Edison
prayer

Tuesday, March 30, 2010

14th trade

This taken 30th march. Wrong entry at between 38.2% and 50% of the fibo. Lost 165 pips. LIVE TRADE. Lesson learnt WAIT FOR THE PERFECT ENTRY TO MINIMIZE RISK AND MAXIMIZE REWARD. If the trade is gone wait for the next trade, the market is not going any where. Small school fees for each lesson learnt. lol.

Friday, March 19, 2010

13th trade


19th March. LIVE TRADE. lost 186 pips . Lesson learnt to enter between fibo 61.8% and 76.4% to reduce losses. well can't save much here as could have save 28 pips from the lost. But this was a wrong analysis and the lost was inevitable.

Thursday, March 18, 2010

12th trade

This was taken 18th march. LIVE trade. made 30 pips. Did not follow up on this one. But was trying to take small profits. Well did not learn the lesson of RISK to REWARD ratio.

11th trade

This was taken on the 18th march. LIVE trade. Sort of a revenging the market after the 95 pips lost. Well did not really revenge the market, but made 2 entries and in the end was breakeven. Lesson learnt, do not revenge the market you will always lose. When you are emotional do not trade.

Wednesday, March 17, 2010

10th trade

Another LIVE trade, but bad one, lost 95 pips here.
This was taken on the 17th march.

Tuesday, March 16, 2010

9th trade

Confidence was boosting all around. Another LIVE trade. 16th March. 50 pips gain. Not bad.

Saturday, March 13, 2010

8th trade

13 march. Demo another 200 pips gain . well the projected values were from fibo retracements for projection of wave 5. The 1st and 2nd projections were hit on the 2nd April. After that i did not follow up.

Wednesday, March 10, 2010

7th trade

This was taken on the 10th march sad to say in demo. 200 pips gain. 60 min chart. But lasted almost 2 weeks. let your profits run....

Tuesday, March 9, 2010

6th trade

Well this was taken 9th march, my LIVE trade. Not bad 50 pips. Well if i had not exited would have hit my STOPLOSS.

5th Trade


5th trade 9th march. 100 pips gain . Man i thought i was on the roll..... time to go live ? oh did i mention i was demo trading. well now i did lol.

4th Trade

4th trade 9th march.
100 pips gain but risk to reward was lousy. By the way i used renko charts to trade before but not now.

3rd trade

This was my 3rd trade taken 9th march where my elliott wave analysis went wrong and i lost 81 pips.
Elliott wave is not easy to analysis. This was the day i realised that lol.

Friday, March 5, 2010

2nd TRADE

This was my 2nd trade 5th March also. Made another 70 pips.

My 1st Trade

This trade was taken on the 5th of mar 2010. Well it was a good trade. Made 70 pips.