Simple Forex System Trading

February turns out to be not too bad.  We ended up with 2 wins.  So for 2011 so far, we are break-even.

2/1     no trade

2/2     0

2/3     no trade

2/6     -2

2/7     +1

2/8     +1

2/9     +1

2/10     +1

2/13     no trade

===============

Total     +2

January is not a good month for us.  We ended up with 2 losses for the month.  Below are the details of wins and loses for the month.

1/2    -2

1/3     +1

1/4    -1

1/5   No Trade

1/6    +1

1/9    No Trade

1/10    -1

1/11    -1

1/12   No Trade

1/13    +1

=================

Total   -2

Unfortunately, we ended December with one loss.

12/1  -1

12/2  1

12/5  0

12/6  1

12/7  0

12/8  1

12/9  -1

12/12  no trade

12/13  -2

====================

Total  -1

Terrible!  Terrible!  Terrible!  Double Whammy!!!  The market seesawed today.  Both orders hit stop losses.  We ended the month losing.  It was still +1 for the month yesterday but with today’s -2 trades, we are down to -1 for the month.

There was no trade today because the high and low between 4 AM and 6:59 AM were fewer than 30 pips.  Low was 110.90 and high was 111.05.