Saturday, August 29, 2009

Due to restricted time and Internet connection that I have now, I have opted to trading using the daily charts.

Its not as aggressive and thrilling as trading on the shorter time frame but the result is about the same minus the headache. I'm beginning to like daily trading. I need to make decision once in a while and the rest of the time I just hold my position.

On a daily chart, the candlestick is much easier to read and pattern is much clearer. On 13th August I opened 3 position. 2 of which is still holding while 1 has been closed. At the moment all position are in profit.

Daily trading is not for everyone. It took me sometime to adjust on the requirements of daily trading, but once you are there you never look back.

Till next time, good luck everyone

Robot Trading

Friday, August 21, 2009

I'm finally trading my own proprietary forex robot.The best part is that I have the sound of money chiming on my computer at work every time I have a position closed due to reaching it's take profit price.Anyway, no, I have no other hype to push.What I do have is the power of the robot mind to watch the market 24 hours a day. What do I mean? I mean that as long as my computer stays on and

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