[Natebug]

Will start off by saying im a new trader and I will log what percentage and on what I made my money on in currency tradeing.

3% CAD/CHF

If you have questions about how im doing this please ask in thread as im going fishing with freinds and im not sure if anyone will even read this . Happy 4th EVERYBODY

[Natebug]

Upon further thought (and looking through alot more peoples posts) i feel confident in full disclosure to this journal would be more beneficial for all. So with that in mind im gonna explain what i traded, when, why, and what resources i used to make my decision. I think this will greatly help the newbies and the pros and gray hairs (peeps that been in the game longer than i have) can help and correct me along the way .
Thanks Everybody

Nate

[Paul75]

I have few queries for you:

1. What is your trading platform?
2. What is your trading style, manual or automated?

Please share your trading strategies and tools as well.

[Natebug]

Answer to paul75

Um FXCM
Mine is preety simple, First take AUD/USD, pull up a chart on it, use an over lay of USD/CAD need to have chart set at 5minutes - 6 hours i find works the best.
Now when those two lines the AUD/USD and USD/CAD lines cross or get very close to crossing i buy both positions.
Then i wait for one to make a profit (how depends on you really), I sell it then i wait for those two to recross again.
Once they recross i sell the loser wich buy this point "should be" less than what i made i sell that and rebuy both. Their are occasionaly times where you will be able to make profit on both without selling for loss but this happens very rarely.
Also i never ever ever ever ever ever ever ever ever ever trade more than half of my balance. This compensates for the down side risk that i take.

Manual always manual i hate automation (mainly cause i dont know how to do it, but also because id miss out on big opportunitys that way)

Far as Tools go i like to your RSI as a way to tell when the top is in, other times i just go with my gut and sell when we get a profit. Im more after a steady progression of profit then a huge load all at once.

[Natebug]

7/5/2012

Well traded this morning on CAD/CHF and thank you CANADA (i think)!! , made a woping 11 bucks lol. But hey were working with 200 bucks here so not exactly high roller stuff ya know. Anyway its 1120 am central and i just rebought the CAD/CHF with its opposite (kinduv) AUD/CAD so we will see which rat in the race can make us some money .

Still miffed that i missed buying the EUR/GBP and USD/CHF cross (grrrrr stupid cat) but bugsy (thats the cat) just had to wake me up at 5 am pester and demanded petting till 6am (i calmy threw her out of my room) when i got back to sleep woke up at 930 am and screwed my hole day up. So they thank you Bugsy may you pounce on an electric fence.

At any rate we made 5% on that CAD/CHF trade so not bad, but would could have made more if SOME KITTEN HADNT BUGGED ME. Sigh, just remember all to lock the cat up or its just one more thing that can mess with your trading.

cya tommorrow

[Paul75]

Thanks Natebug to share your trading details with us. I also like to manual trading as it offers me more control on my trading.