My Trading Strategies for a start

Discussion in 'Forex' started by Loftrader, Oct 22, 2015.

  1. I have been practicing on a Demo account for three months now using the Bill William’s strategies I read about. I understand how to use these strategies and I made quite a fortune on a demo account. On Monday I opened a live account hoping to implement same strategy while taking note of the Fundamentals.

    Capital: 5k (plus my 10%bonus)

    Broker for now: Profiforex (STP/ECN)

    Features I needed: Accepts U.S traders, 1:500 leverage, Low Fixed spread without commission, fast execution, accepts Bitcoin.

    Strategies I have mastered
    Moving Average and SAR combined
    Bill William's zonal Trading system


    Started Trading Yesterday – short term only. I enter trades whenever I get a Green or Red signal using the AC and AO oscillators. But I check to see if there is any news release before taking any action.

    EURUSD bought 1lot and closed @1.1354. profit $170

    NZDUSD sold 1Lot and closed @0.6725 Profit $70

    I will share my analysis on this thread.

    I prefer you don’t reply to my thread if you are only here to criticize.
     
  2. Lol, this thread is funny and makes me laugh. I personally have studied these indicators as well and did not have the balls enough to rely on such lagging indicators. Well, I am waiting to see how far you can go with this stuff. I don't mean to criticize, I am just curious. Is 1lot not too risky for you?
     
    gkishot likes this.
  3. Well, it is serious business for me.
    If you have the Awesome indicator and Accelerator inserted on your chart for USDJPY, you will notice that they are both on green (Buy Signal). I entered this trade about 2hours ago and it is heading toward my TP already. After checking the news, I am confident I will get something good out of this.

    This is why I order for 1lot to increase my pip value since I am 80% sure of what I am doing @henry
     
  4. What amount exactly is that "fortune" you made on the demo account o_O
    post your real live trading figures as well. later on when available.
     
  5. carrer

    carrer

    If you make a fortune in the real account, you have to thank Bill William for that.

    Let us know how it goes with your real account.
     
  6. @carrer, I think you should be more interested in my Real account. Anyway, I have attached a file of my real account summary for the past 5 or 4 days. The only loss was a mistake I made on click the wrong button. My account summary.png

    I have come to understand that forex requires a bit of thinking and understanding. Also a combination of both the technical and fundamental. When a technical indicator provides a signal, I look at the fundamental signs. Also I don't rely on one signal. I will continue to post my progress here. If you want to join me, let me know ;)
     
    userque likes this.
  7. carrer

    carrer

    Very impressive. Looking forward in joining you. :)
     
  8. Sell position on GBPUSD hit TP @185.41. made $223 in 20mins. AUDUSD position is still on, if you want to join, the TP is 0.7218.
     
  9. All the major pairs seem to be sleeping today. I am not getting any signal from both indicators. Today is s boring. Yesterday was quite good as I made $325 as profit.
     
    carrer likes this.
  10. Maxue

    Maxue

    I think funds safety and survival is first thing for new ones should consider, lower leverage, small funds, set up stoploss, that will help you to pass the freshmen test.
     
    #10     Oct 29, 2015