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 Hello Traders, I thought that I would give you a quick update on my trading for this past month. Although I am trading an small account with this system, it is for two reasons. First, I want to prove that this system works with real money in live market conditions. Although some people may [...]  Why is it called that? Because consistent profits through good trading is just like Freeway Panda. This is a giant stuffed panda that I always see when I am driving on the freeway. I was just driving along one day and I saw it out of the corner of my eye. Of course, my [...]  This post is a little experiment in making my trade reviews more interesting. I found myself falling asleep yesterday doing my own trade review. Yeah, doing my own review! If I can’t even sit through my own trade reviews, how can I expect you to? But I don’t feel too bad. I have seen [...]  Happy New Year! This is going to be a great year… Well, I didn’t have to wait long to get a trade setup this year. Another trade setup in the Wallaby and I took it. This trade was a little different from other Wallaby trades in that I actually added to the position because [...]  In the past, I had a tendency to not pay attention to the charts immediately after I closed a trade. That meant losing out on some excellent opportunities that would have made up for a loss or added more profit to a winning trade. I’m not exactly sure why that was, but I have [...]  It has been awhile since I posted a trade, but there hasn’t been much to report. As I mentioned in a previous post, my trades haven’t been setting up so I have just been waiting around. It is just as well because the holidays have kept me a little busier than usual. This trade [...]  As you have seen from my Wallaby posts, I have been using a demo account to track my real-time trading results in the EURUSD. However, when I logged in last week, I was disappointed to find out that my demo account had been closed. Crap. I chose IBFX to demo trade with because as [...]  In my Wallaby Trade followup analysis, I wondered what the testing results would be if I used a strict 1:1 Reward/Risk profit target. This would probably increase the win ratio, but would it be more profitable overall? If are not familiar with the parameters that I used in the first test, read this post [...]  Today I have a quick trade to report, nothing fantastic. There was a Wallaby setup on the 1H EURUSD, so I took it. The Wallaby indicator went divergent and Stochastics were way oversold. As the yellow Stochastics line rolled over, I entered the trade. It was a good entry and exactly what I look [...]  Here is another Wallaby Trade that I did on Monday. It didn’t last too long, but it was profitable. The only trouble was that I got out too early and had to go through the torture of watching the price drop even more. I would have made a lot more on the trade than [...] |
 
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