Making Money Online Blueprints
02
MAY
2016

April 2016 Month End Forex Trading Income

My Forex trading income for April 2016. 15 trades, 3 wins, 3 break evens, 9 losers. Interestingly I have been wrong most of the time this month, but because of my risk management I am down only 1.44%.       
25
APR
2016

April 2016 First Three Weeks Forex Trading Income

After the first three weeks of April 2016, I am down 0.6%. Out of my 12 trades I have only had 2 half decent winners, but because of my strict risk management, I have lost very little. As my virtual mentor repeatedly says, with Forex trading it is not about how many trades you...
03
APR
2016
My FX Trading experience in a typical week

What To Expect FX Trading

FX Trading – My First Attempt When I first tried to make money FX trading, I worked really hard at it for two years, and eventually wiped my account in acts of desperation and frustration. I came to the conclusion that it was not possible for amateurs to be successful. I...
02
APR
2016

March Last Two Weeks Trades and Income Forex Trading

My Forex trading income and trades in the last two weeks of march 2016. I’m up 4.3%, making for the month a total of 7.9%. In these last two weeks, I made 6 trades, only winning on 2 of them, but for my losing trades I lost between 0.3% and 0.6%. I’ve detailed my two...
23
MAR
2016

Two of my favourite Forex trades, March 2016

Two of my favourite Forex trades, shorting the GBP, in and out in less than 2 days, great risk reward ratios.
21
MAR
2016

March First Two Weeks Trades and Income Forex Trading

After my first two weeks of March Trading Forex, I am up 3.6 %. My two EUR positions carried over from last month almost immediately lost me 2.2% (from start of the month), so not a great start to the month. Since then I have effectively (two positions I stepped into with three...
09
MAR
2016

Don’t Trade Non Farm Payroll Friday

This video shows a great example of how wild and random price action can be on Non Farm Payroll Friday. I’ve used the EUR USD for this example. One correction to what I stated in the video (it’s 4:30 and I’ve only had one coffee), when interest rates rise (or...
09
MAR
2016
How To Start Forex Trading

How To Start Forex Trading

As I talk about my Forex trading activity to friends and family, occasionally I do get asked questions on how to start Forex trading. I tried Forex trading for the first time few years ago, tried to work everything out myself, and eventually lost my whole account, coming to the...
03
MAR
2016

Using Moving Averages Of Higher Time Frames important In Forex Trading

This is a great example of where using the moving averages of higher time frames when Forex trading is useful. This example shows on a four hour chart where I shorted the EUR AUD, and I placed my stop  just above the weekly 55 EMA. The market went against me, but couldn’t...
01
MAR
2016

Feb 2016 Income

In February I started trading with a live account. I made 6 trades, the first four all losing, with a total loss of 2.5%. In the last two weeks of Feb I made 2 trades, shorting the EUR USD. These are both still open and are currently up 9.4 So for all 6 trades i am up 7.4%. I...