Friday, January 25, 2008

ESCALATOR AGREEMENT +200pips gain/$4000. BALANCE NOW $22000




This is a trade taken on 22 JAN. It is a Classic example of escalator to agreement trade. The 4H was the first to break the 20 line. It is followed by a 200pip gain!

Sorry for the 1 month of inactivity. I was busy with work and had no time to trade. But my last trade last month gave a whooping $6000!! And this trade gave me another $4000. I am trading 2LOTS per trade now. So now my account is already $22000. I am very happy and confident of MTF STOCHASTICS. In future, I will be posting about how to trade instead of just showing my trade. Hopefully though, if I got time.

Saturday, January 5, 2008

AGREEMENT+ELASTIC trade VERY STRONG 250pips gain so far USD5000


Now I am trading 2 lots. This is a very strong move as the 3 stochs are tight and close together. I am confident of the price going down even more and perhaps have a 400pips gain that is USD8000 all in one day!

But I must admit that this is not an easy strategy. You have to get the feeling of it. There are some trades which may fail too. For example, the stochs may be moving up but the price may be moving down.... Such anomaly is not uncommon. But if you trust the overall stochs, and stay in the trade, it is possible to break even. This strategy requires monitoring. That is why I am looking for another strategy that does not require me to monitor it for a long time.