Back... I think :))

Man, it's been a long time since I posted here. :)

Well, that's mainly because I haven't traded anymore since march. A lot's happened since then, I went through two job places, the first was extremely easy but the pay sucked, and the second had good pay put was in 3 shifts and I didn't like having NO free time at all. I'd rather stay home trading and cut back on other expenses. :))

Currently I'm looking for work and I've decided to start trading again. When I saw I didn't have anymore time for fx I just stopped trading alltogether, put things on pause and hoped to get some strenght back for when I will have time for trading.

So, well, here I am, back now, and I can't help but having a sense of being overwhelmed. I dusted of MT4 today, my demo account expired long ago, :)) so I opened a new one. Fresh new charts, fresh new setup. Well actually I'm still gonna trade the Cowabunga system, It's the easiest I've come across so far. No point in changing something that works. Of course I will try other systems if I find something, but mainly this is what I'll be trading for now.

Also, I'm planning to open a real account, and I'm considering InterBankFX as my broker. Still, for now I think i'll trade demo a couple of months just to see where I'm at. No sense in rushing things. :)

As far as this blog goes, I don't now how updates are going to be from now on. I think I'll just post when I feel like it, some posts may be the trades I take, some may have screenshots or not, and some may be just about me blowing off steam when stuff goes wrong. :) I will keep a journal though. I'll probably post a report here, at the end of every trading month.

Well, that's about it, the best comeback I came up with. :)

Happy trading!

Update March 07 2008

Bullish signal at 11:30 AM GMT / 03.07.2008

Entry : 2.0135
SL : 2.0110
Target : 2.0200

Outcome: +65 pips

Update March 04 2008

Bullish signal at 5:45 AM GMT / 03.04.2008

Entry : 1.9867
SL : 1.9835
Target : 1.9900

Outcome: -32 pips

Update February 26 2008

Bullish signal at 7:00 AM GMT / 2.26.2008

Entry : 1.9659
SL : 1.9637
Target : 1.9699

Outcome: +40 pips

Update February 25 2008

Bullish signal at 9:15 AM GMT / 2.25.2008

Entry : 1.9647
SL : 1.9604
Target : 1.9694

Outcome: +47 pips

Update February 25 2008

Bullish signal at 6:15 AM GMT / 2.25.2008

Entry : 1.9661
SL : 1.9645
Target : 1.9695

Outcome: -16 pips


Ouch! Crash and burn...

Update February 19 2008

Bearish signal at 8:45 AM GMT / 2.19.2008

Entry : 1.9465
SL : 1.9550           (ya, i know, it's steep. :P)
Target : 1.9400

Outcome: + 65 pips

Ok, ok, I know I was lucky. This is probably one of those trades I wouldn't have the guts to take If I'd be trading my own dime. :P . I entered (very!) late, aprox. 2 hours after the signal occured, most of the movement had happened allready. I had to leave home right then, so it was now or never. I took it, and kept it open over night. Guess I was just lucky. ;)

Anyway, after a wierd week, I'm back where I started. I've made no progress this week, but haven't stepped back either. I guess that's what happens when you get into something too confident... :) I'm hoping to keep it steady 'till the end of February, maybe catch one or two trades this week, although school and work will be something of a bother. :P

Good luck trading tommorow!