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System has to be based on price action.
Then and only then will it give you an edge.
You do not need much of an edge.
Then you will need very good M/M adhere to your rules.

ie. ...

Pound Long 50,000 (5 mins)
ET: 1.6503
SL: 1.6488
T: 1.6547

Eurusd Long 50,000 (5 mins) sft
ET: 1.4592
SL: 1.4575
T1: 1.4620

Pound Long 50,000 (5 mins)
ET: 1.6524
SL: 1.6516
T1: 1.6547

Both Goals hit up 645.81

Fantastic trades missed

CanChf Short 50,000 (1 hours)
ET: 0.9300
SL: 0.9320
T1: 0.9253


Usdjpy Short 50,000 (1 hours)
ET: 82.25

Sunday/Monday 24/25

2 SFT Struck

UsdChf Short 50,000 (1 hours) in
ET: 0.8856
SL: 0.8888
T1: 0.8855
Upward 47pips $264.87

Weekly Totals:
Cash at start of this week $100,000
Complete for the day $1145
Complete for the week $104,336
Floating 0


ok week- I was quite busy
Will not be trading Friday...

Trap up for Wed.. April 20/2011

GPBJPY Short 8 lots (60 mins)at
closed out most of Platinum transactions trades for $1430


USDCAD Short 3 lots (10 mins) in
Stopped out lose...

EurChf Short 2 lots (10mins) SFT
ET: 1.2930
SL: 1.2953
T1: 2 lots @ 1.2900

closed out All of dragon trades Transactions for $1430

Cadjpy Short 2 lots (3 hours) at
ET: 86.85
SL: 87.25
9 T1: 2 lots @ 85.60

trade was going no where
so I closed it out to Get a 10 win

Eurchf Short 3 lots (3 hours) at
ET: 1.3006
SL: 120.60
T1: Two lots @ 1.2780
T2: 1 lot @TS 100

EurJpy Short 3 lots (3 hours) SFT

ET: 119.18
SL: 120.60
T1: 2 lots @ 117.60
T2: 1 lot @TS 100

Stopped out Shed of -$273 dollars

Nzdusd Long 3 lots (10 mins)

ET: 0.7963
SL: 0.7933
T1: 2 lots @ 0.7996
T2: 1 lot @TS 100

Usdcad Short 3 lots (10 mins)

ET: 0.9527
SL: 0.9552
T1: two lots @ 0.9502
T2: lot @TS 100

changes
additional 5 lots
2 currently at 100pips TS
6 TP 134.02

GPBJPY Brief 3 lots (60 mins)

ET: 135.50
SL: 136.06
T1: Two lots @ 134.52
T2: lot @TS 100

EurAud Long 3 lots (5 mins)

ET: 82.83
SL: 1.3561
T1: 2 lots @ 82.70
T2: lot @TS 100

T1 hit for $42
closed Final lot in the 00 $56 other trades on

T1: 1.3625 Strike fot $74
T2: 1.3675 PSL hit for $9
T3: 1.3798 PSL hit for $9

$92

Busy day Now

EurAud Long 3 lots

ET: 1.3598
SL: 1.3561
T1: 1.3625
T2: 1.3675
T3: 1.3798 TS 100

My Dragon trades Struck $301 was Earned by PSL

Closing the Nzd Usd and the Aud Usd for $525