Hey guys, I very rarely post any kind of account statement or trade proofs ( I get accused of faking documents or whatever), but I thought Id share this one. It was a series of 4 trades I took on the 5 minute GBPJPY just a few minutes ago in a teeny tiny $75.85 account. The first trade was based on visual divergence. (After a while, you get a feel for divergence on the price without seeing any indicators.) The second trade was a buy trade off of support. Trade 3 and 4 were sell trades off resistance. All these were without any kind of indicators, only support, resistance and a trendline. Its trading big... higher risk, larger percentage risk and so on. Its not for everyone, but I just wanted to show what is possible (this might be irresponsible of me to post this, actually). Its important to note that I would never trade this big on a larger account, but on a smaller account I dont mind. I grew this one abandoned account from $75.85 to $106.58 in just over half an hour using nothing more than old-school tactics. Say what you like (I may remove this post if I dont like the comments). I probably wont post another one of these for a while, but I just wanted you to see what can be done in FX when you take the time to learn the ropes. Russ
Posted on: Tue, 30 Sep 2014 06:58:57 +0000
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