Bon Mardi, mais pas excellent !

Hello !

It was a good day, but it could have been better ! Indeed, once more I was too impatient, but unlike yesterday I don't forgive myself.

Here is my day :

4:30 pm : I'm back @t home.

First order, 5:07 pm. Second order, 5:10 pm.

I see a sell signal on GBP/USD, I'm waiting for confirmation while keeping an eye on GBP/JPY. The cable falls and I open a short trade, GBP/JPY is maintained on its levels but the signal of sale is already given and I count on the correlation of these crosses. I'm shorting GBP/JPY.

GBP/USD reaches my target, but GBP/JPY rebounds on it support just before the TP. I'm afraid, I close my position. A few minutes later, the fall continues...

6:01 pm : All the orders are closed. + 50.4 pips = +51.13€

Once more, I'm not proud of my attitude. I lack of discipline.

Have a nice day and nice trades !

First Day !

Good evening ! Here are the results of the first test day. But before, few precisions about my trading day :

- I have traded only after school, about 7:00 pm

- Trichet had already begun to talk when I arrived @t home

- Like all Monday, I'm tired (ok it's easy, but it's true !)

7:05 pm : I see a signal on GBP/USD, I short without any hesitance. I put my stop loss above the last top in 5 min charts and I set my target.

7:10 pm : EUR/USD and EUR/JPY are already falling. Too bad, it's too late ! 

50 minutes later I decide to take my profit. I'm too impatient and the currency continue to fall until my take profit a few minutes later. So I only earn 30 pips instead of the 50 expected.

I'm not proud ofmy attitude but it's monday and I forgive myself.

Who I am ?

Hello everybody, I'm a young trader under 20 years old who trades since about one year.

I first tried the stock market during few months but I didn't like it pretty much. Not enough active for me. Forex, this is what I mean by saying "active"! Always open, excepted during week-ends but who cares ? Week-end is time for rest, friends or family.

So, I began trading without any knowledge, but someday a trader named Darthtrader organized few webinars with his friend Sylvain. I learned the basis of trading, and much more like money management. I really thank them for their generosity.

With their strategy I made some pips everyday during some months. But when summer arrived, the market calmed down. I could not succeed in making profits anymore. I lost a few bucks, but not too many !

Since this, I've been looking for a really efficient strategy, and I have tried a lot of differents things but I have not find yet the best one.

Also, I have read few books, like Market Wizards, Street Smarts, Secrets for Profiting in Bull and Bear Markets, etc... I'm certainly a lucky guy because all of these books are excellent and I have learned a lot with each one.

Two weeks ago, I build a new strategy. This one looks really good and I think, it's probably the best that I have ever made. So I decided to create this blog in order to share each day the results with  you.

I hope to get some good results and few readers.

Have a nice day !