Archive for May, 2009
Forex Update 5/31/2009
I hit the $20 forex target again on Friday, pushing my account over the $1,500 milestone and halfway to the next level. 23 Days Traded – Account Balance = $1,504 (+50.4%) Statistic Days Percentage Daily Targets Hit 17 74% Profit, No Target 6 26% Profitable Days 23 100% Losing Days 0 0%
Bob Prechter: Gold is Still Money
May 29, 2009 By Robert Prechter, CMT The following article is excerpted from a brand-new eBook on gold and silver published by Robert Prechter, founder and CEO of the technical analysis and research firm Elliott Wave International. For the rest of this fascinating 40-page eBook, download it for free here. Have you ever traveled abroad [...]
Forex Update
I was on the road for the last two days so I didn’t have much time to trade, but I did place a couple. Wasn’t enough to hit the daily target at this level ($20) but nonetheless still profitable. That’s 22 of 22 days where the system was profitable. Let’s see how long it can [...]
$QID Trade
The market ran into resistance a third time today so I’m going to nibble on the short side again by buying QID. Stop limit @ $36.27, stop @ $34.70, first target @ $50.00, second target @ $72.00.
Beware: Gold is setting itself up for “the buy of a lifetime.”
Do not invest in gold or silver until you read this free 40-page eBook. Not all gold and silver investments are created equal. You’ll learn which are the best and exactly when they’re the best with this brand-new eBook that will change the way you think about precious metals. Learn more about the free 40-page [...]
Big Day $QQQQ
What a day! After a gap down right at support the market just ripped higher all morning then consolidated at the highs in the afternoon. It’s a good thing we closed the QID position last week and bought the Qs. I was hoping to re-enter the Qs today on a pullback after taking profits at [...]
Turning $1,000 into $100,000 on $20 a day $$
Last February I decided to open a forex account to test out some trading strategies. My original deposit was $1,000 and within the first three weeks I had made $1,500 (150% return) and thought I was well on my way to the promised land. Well as many of you know becoming greedy while trading is [...]






