I have started this to help myself and others who are interested in Elliott Wave theory in relation to FOREX trading. I will post my trades taken and the profit targets and stop losses as i take the trades.
Hope to learn more and teach more.
(DO NOT TAKE THIS AS SIGNALS i do not give signals. Even if you take the trades i am not responsible for the winning and losses:)
“Many of life's failures are people who did not realize how close they were to success when they gave up.” - Thomas Alva Edison
Ohh man, it looks like you are losing a lot than you are gaining lately. Maybe you should review you plan. It's harder trading so many pairs at different time frames.
I am using only 2 time frames 15 min and 60 min and 13 pairs. This week i lost, but it was because i tried another new plan, didn't work out well most of the losses were contributed by that new plan. Well according to the old plan, alot of the trades ended with breakeven. You will see it in the recap. Thanks for the concern. Nevertheless i am going to review the plan this weekend. Thanks dude.
Hi Shiro Nice blog. It certainly helped me to narrpow down the number of pairs I was looking at during the trading session. I found if I have 10+ pairs/sxreens to look at I could never focus properly and effectively on just the just the 1 or 2. cheers Jimmy http://fxintradayjim.wordpress.com/
Hi James, Thanks for the advise. Certainly i look at maximum 3 pairs when i am in the market, but i always look at other pairs for my setup when i am free. I agree with you it does get confusing when you have alot of open positions, but it only happens in the demo account (hehe), not in live account don't have that much of capital :).
Ohh man, it looks like you are losing a lot than you are gaining lately. Maybe you should review you plan. It's harder trading so many pairs at different time frames.
ReplyDeleteI am using only 2 time frames 15 min and 60 min and 13 pairs. This week i lost, but it was because i tried another new plan, didn't work out well most of the losses were contributed by that new plan. Well according to the old plan, alot of the trades ended with breakeven. You will see it in the recap. Thanks for the concern. Nevertheless i am going to review the plan this weekend. Thanks dude.
ReplyDeleteHi Shiro
ReplyDeleteNice blog.
It certainly helped me to narrpow down the number of pairs I was looking at during the trading session. I found if I have 10+ pairs/sxreens to look at I could never focus properly and effectively on just the just the 1 or 2.
cheers
Jimmy
http://fxintradayjim.wordpress.com/
Hi James,
ReplyDeleteThanks for the advise. Certainly i look at maximum 3 pairs when i am in the market, but i always look at other pairs for my setup when i am free. I agree with you it does get confusing when you have alot of open positions, but it only happens in the demo account (hehe), not in live account don't have that much of capital :).