Finally, I stumbled onto this "Trading Journals" section so I could share my Charts that are based on the brilliant authors on FF !
Because I blended, what I believed, are the best in the FF Forums into my Charts, I have had so much trouble posting in any specific FF Thread without fluffing feathers in fellow FF members. But, rightfully so and to be expected.
I am more of a freelance eclectic trader and use whatever it takes to make the most PROFITS with the LEAST STRESS !
I do want to thank those who have influenced me, namely CigarGuy in his newer PVSRA based on FIFO, the folks at TMS, Davits and Lawgirl's Chart Lover's Thread - as well as the genius MT4 coders and FF Staff that has made my Forex trading more success - finally, some success after gambling away $4,000 approximately 10 years ago and poor results on Demo accounts since then !
I welcome anyone who would like comment or post any feedback according to FF guidelines - I would enjoy the intellectual exchange as a life-time student and a Forex "Chart Lover"as per Lawgirl's Thread philosophy - where I posted for a long time after the Thread was abandoned for years ago !
To stay healthy, I use the following TFs according to my EST while not over-trading with a very large SL of 300 Pips resulting in large %Draw Downs (DD%) - I am still tweaking the DD% based on Equity and Balance based on a Problem-Oriented Outcomes like we do in Medicine - In general, I am shooting for DD% < 40% and PF > 2.0 - and finally, I do not worry that the Bulls and Bears will not allow each other to Over or Under trade, staying within my 300 SL to 500 SL, as needed - remember the Newton Third Law "What Goes Up Must Come Down".
MY PERSONAL BUSINESS PLAN :
Business Mission Statement: My goal is to "Make Forex Easy (Ref 1 below)" to make money to help improve the quality of life, resulting in improve quantity in a health, for myself first, then for others around me."
1. "Be Pro-active (See Ref 2 below) " by beginning with Daily Time Management Schedule (EST):
0700-0800: Breakfast
0800-1200: M30
1200-0100: Lunch
0100-1700: M30-H1
1700-1800: Dinner
1800-2400: H1-H4
2400-0700: Sleep
2. "Have The End In Mind (Ref 2)" with a PROFIT-ORIENTED GOAL(S):
Equity-Capital | Pips/Day | Lots/Trade | $ USD/Month
________________________________________
Year 1:
$1,000 - $5,000 | 50-100 | 0.01 - 0.03 | $ 1,000
Year 2:
$ 5,000 - 10,000 | 50-100 | 0.01 - 0.03 | $ 10,000
Year 5:
$ 10,000 - 100,000 | 50-100 | 0'01 - 0.03 | $ 100,000
3. Finally, "First Things First (Ref 2)" with your Rules or Steps to follow:
I post in alphabetical order, using the FF pairs with the 7 Majors, the addition of EURJPY and GBPJPY. I only trades with TP of 5 Pips with SL of 300 Pips and very small multiples of 0.01 to 0.03 lots , according to rules and indicators influenced by the aforementioned brilliant Forex authors and Forums here on FF.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
My first Chart using my FXChoice ECN GMT-2 Demo account and still EXPERIMENTAL as my approach matures over time - Hopefully, I will Profit, more than Lose:
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Here are my favorite FF Indicators, Expert and Template that I have modified for your use:
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
As CigarGuy likes to say: "Stay Green My Friends..." and stay Healthy to do so by getting good daily SLEEP, EXERCISE, DIET and LAUGHTER....there is NO FOREX IN HEAVEN ! You may quote me ;-) (LOL)
Sincerely.
DrForexMD aka G-Doc, Dr. John, Doc, DJ-Doc
The [Forex] Gambler by Kenny Rogers:
P.S.: Reading Forex Charts is so much reading X-Rays, EKGs and EEGs in Medicine ! How interesting - like a ForexCare !
P.S.: My collection of Indicators and Template will be uploaded for your convenience later today.
REFERENCES:
1. James Dick: "Forex Made Easy: 6 Ways To Trade The Dollar." McGraw-Hill, New York, 2004,
ISBN: 0-07-143894-7.
2. Steven Covey: The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change", Simon & Schuster, New York, 2003, ISBN-13: 9781451639612
Because I blended, what I believed, are the best in the FF Forums into my Charts, I have had so much trouble posting in any specific FF Thread without fluffing feathers in fellow FF members. But, rightfully so and to be expected.
I am more of a freelance eclectic trader and use whatever it takes to make the most PROFITS with the LEAST STRESS !
I do want to thank those who have influenced me, namely CigarGuy in his newer PVSRA based on FIFO, the folks at TMS, Davits and Lawgirl's Chart Lover's Thread - as well as the genius MT4 coders and FF Staff that has made my Forex trading more success - finally, some success after gambling away $4,000 approximately 10 years ago and poor results on Demo accounts since then !
I welcome anyone who would like comment or post any feedback according to FF guidelines - I would enjoy the intellectual exchange as a life-time student and a Forex "Chart Lover"as per Lawgirl's Thread philosophy - where I posted for a long time after the Thread was abandoned for years ago !
To stay healthy, I use the following TFs according to my EST while not over-trading with a very large SL of 300 Pips resulting in large %Draw Downs (DD%) - I am still tweaking the DD% based on Equity and Balance based on a Problem-Oriented Outcomes like we do in Medicine - In general, I am shooting for DD% < 40% and PF > 2.0 - and finally, I do not worry that the Bulls and Bears will not allow each other to Over or Under trade, staying within my 300 SL to 500 SL, as needed - remember the Newton Third Law "What Goes Up Must Come Down".
MY PERSONAL BUSINESS PLAN :
Business Mission Statement: My goal is to "Make Forex Easy (Ref 1 below)" to make money to help improve the quality of life, resulting in improve quantity in a health, for myself first, then for others around me."
1. "Be Pro-active (See Ref 2 below) " by beginning with Daily Time Management Schedule (EST):
0700-0800: Breakfast
0800-1200: M30
1200-0100: Lunch
0100-1700: M30-H1
1700-1800: Dinner
1800-2400: H1-H4
2400-0700: Sleep
2. "Have The End In Mind (Ref 2)" with a PROFIT-ORIENTED GOAL(S):
Equity-Capital | Pips/Day | Lots/Trade | $ USD/Month
________________________________________
Year 1:
$1,000 - $5,000 | 50-100 | 0.01 - 0.03 | $ 1,000
Year 2:
$ 5,000 - 10,000 | 50-100 | 0.01 - 0.03 | $ 10,000
Year 5:
$ 10,000 - 100,000 | 50-100 | 0'01 - 0.03 | $ 100,000
3. Finally, "First Things First (Ref 2)" with your Rules or Steps to follow:
I post in alphabetical order, using the FF pairs with the 7 Majors, the addition of EURJPY and GBPJPY. I only trades with TP of 5 Pips with SL of 300 Pips and very small multiples of 0.01 to 0.03 lots , according to rules and indicators influenced by the aforementioned brilliant Forex authors and Forums here on FF.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
My first Chart using my FXChoice ECN GMT-2 Demo account and still EXPERIMENTAL as my approach matures over time - Hopefully, I will Profit, more than Lose:
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Here are my favorite FF Indicators, Expert and Template that I have modified for your use:
Attached File(s)
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
As CigarGuy likes to say: "Stay Green My Friends..." and stay Healthy to do so by getting good daily SLEEP, EXERCISE, DIET and LAUGHTER....there is NO FOREX IN HEAVEN ! You may quote me ;-) (LOL)
Sincerely.
DrForexMD aka G-Doc, Dr. John, Doc, DJ-Doc
The [Forex] Gambler by Kenny Rogers:
Inserted Video
P.S.: Reading Forex Charts is so much reading X-Rays, EKGs and EEGs in Medicine ! How interesting - like a ForexCare !
P.S.: My collection of Indicators and Template will be uploaded for your convenience later today.
REFERENCES:
1. James Dick: "Forex Made Easy: 6 Ways To Trade The Dollar." McGraw-Hill, New York, 2004,
ISBN: 0-07-143894-7.
2. Steven Covey: The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change", Simon & Schuster, New York, 2003, ISBN-13: 9781451639612
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647