Well, the road ahead is actually simple. Apply my trading strategy as per the rules. When I get an entry signal, I take the trade, and when I get the exit signal, I exit the trade. That’s it!!!!.

The purpose of this blog is to give me that extra motivation to commit and to keep my emosions under control, and to assist newby traders, or even old timers, to help you realise that forex trading is not a get rich quick overnight scheme, and that if you stick to your strategy and treat it like a business and keep the emotions out of the way, you can make a success of it. So I will be posting my live results on this page every week, and also post comments describing the trades and the emmotions experienced.

The strategy I am going to apply is a very basic and simple strategy, as I have found that keeping it simple is the best. No need to have the chart cluttered with all the latest indicators. I will be trading off a 4 hour chart. I have back tested the strategy and it has very good results. My goal is now to trade the strategy according to the rules applied during the back test.

And hopefully here you will witness, live proof, how I can at long last after 4 years make a success of forex trading, and that this will help you not to make the same mistakes and not wasting 4 years.

Next post will be on 28 August 2011