Currently I'm continuing my journal at www.forexfornoobs.com

Currently I'm continuing my journal at www.forexfornoobs.com

This is subject to change in far future. Until then, I'll keep it there.

Monday, December 24, 2007

I will resume trading in January. I will trade with 0,5% risk level to preserve my capital as long as possible during my learning period. I will continue with the strategy that I've been practicing. It's possible that I change my entry rules to enter after the first retrace after breaking a support/resistance or pivot point and observe the momentum on a smaller time frame.

At the same time I will continue to practice the Art of War on a demo account as it fascinates me with it's logical and natural approach to the markets.

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Elton
Hi, my name is Elton. Please check my other blogs as well. I'm also a Forex trader (not full time yet). You can see my story at www.eltonforex.blogspot.com
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