Friday, May 2, 2008

56th DAY (Feel comfortable..)

Today i try trading using scalping strategy. using 3EMA & 30EMS indicators. It's really helpfull because thus indicator is giving me good & accurate hint to make decision. Today i make profit USD3000 and my equity raise from USD5oK to USD60K less than 2 weeks. For me it was good enough to a newbie like myself.

Now i feel comfortable with the trading strategies, espcially using 3EMAs indicator.
My next target is to trade with dicipline.
1)Using only 10% from total equity
2)To enter position after get solid hint form indicator 3EMAs and Kuasa Forex.
3)To close position immedeately once targeted profit achieved. How much?(only 20pips/day)
4)To eye also the 7 bar strategies

* I want to master using scalping strategies and trade not more than two hours a day with target profit of 20pips a day.

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HARI-HARI SEMALAM