Forex Howto

08 Nov, 2006

My Current Status

Posted by: Milton In: OLD Archives

I’ve got some more cash in my forex trading account, still nothing huge, though at least if I do well I might make a little bit more money :)

My current status is that I’m not trading very often, my currency of choice is the EUR/GBP which is not really very volatile… meaning I need to wait a long time between trades. At present I’m waiting for the big upswing, which hopefully this time will go further than the last couple.

During the last few days I’ve made a few small preemptive buys, though they’ve been stopped out :( I had a limit buy which was filled at 0.67110, I was hoping that it was placed high enough for it to be on a breakout, though I just managed to catch the top of a spike.

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About FOREX Howto

Forex Howto is a site that I setup some years ago, I neglected it for a couple of years and now it's back online.

It will have my progress as I explore the world of Forex trading and my experiences in trying to profit from it.

If you need to contact me, just leave a message on any of my posts and I'll be sure to read it.

About me: I'm a 31 year old aussie living in Sydney, Australia.

I work as a programmer and hope to someday use my programming skills and growing knowledge of FOREX and markets in general to run live automated trading systems (all going well they'll be profitable).

A couple of pages which might be of interest to new traders: