Hello,

I have been trading off and on for a couple of years now (while making a little profit). Lately I got into trading price action after reading Naked forex (a worth while read).

I try and keep it very basic and just commerce out of daily / weekly S/R along side a couple of candle confirmations (engulfling/kangaroo tails) on a min of 4hr and Daily charts. No indiors is used by me.

So far I have logged the previous 3 months in presentation and I have manged to grow my own account just over 5% a month. I risk no more than 2% of my 5k account (#100) and typical 60-70 pips a good trade. I'd say my win rate is about 70% thus far. I trade around 15 FX pairs.

Basically I want to know if I am on the ideal track. Is 5% a month good to target?

Thanks,

Jack