Alert: AUDJPY Head And Shoulders?

Tuesday, June 30, 2009

I've spent most of today scalping the AUDJPY (on the long side).Jumping up to my 3hr and 4hr charts, as I have two platforms running, I see an upside down head and shoulders.You may want to take a look at this and see what you think.

Back From A Trading Break

Saturday, June 27, 2009

Well, it's been a while since I posted. Things have been hectic, but I did just take a short vacation. No running water. No cell phones. No internet. No trading. There were, however, lakes and fish.I think I'm ready to do some serious speculation at this point... as long as the market behaves.Hopefully I'll soon be posting and tweeting up a storm!We'll see.


Thursday, June 4, 2009

On my last post, I was telling you about a new system. I decided to do forward testing. As usual all testing was done on a demo account. No live account was hurt during the testing period.

The result as you see is superb. There are actually 2 part of testing. The early trades are done on a shorter time frame, 5 minute to be exact. The later part of testing is done on a longer time frame, 1 hour.

I must say the system looks promising on the longer time frame. On the shorter time, I just dont have the time to monitor the trades.

As of now the system is running on my live account. At the moment on 4th June my account is up 40%. Hopefully everything goes well and I will have good profit by end of the month. Will keep you inform on the result later.

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