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Old 20-12-2006, 01:38   #2
ecology10
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Re: Yesterday +140 pips, this month +1000

Thats good work, and I see you traded EURUSD (5MIN). You went long and short. Thats interesting to me because as a trader even if you are scalping, you would want to trade with the trend. And if you were able to pick bottom and tops, thats amazing (single most hardest thing to do). In my opinion support and resistance; trendline are good enough, as long as you have a good money management rules.

Trading demo and trading live is a-lot different. Once money is involved deciphering emotions is the key. Going short and long in such a short period is High Risk, High Reward situation.
I like it some-one is keeping it simple, it's all about one's confidence in the strategy and trading style.

Good Luck, happy holidays ...
Ohh and I think this strategy will work well, considering the volatility around this time is usually low (relatively to Nov (end)).
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Last edited by ecology10 : 20-12-2006 at 04:06.
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