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My name is Jake Bishop and I have been trading live with a proffesional forex team everyday..here is the first blog post
I can trade in the Malibu trade room or from home. We use software that is based on dynamic fibonacci principle and i will be recording my results everyday for all to see. I have been in here for the past month and have learned an incredible amount from these guys. The support they have offered me has been the best thing since the start of my forex journey a few years ago. I am providing this blog to record all my results and give people confidence that there is a way to make an excellent living in the forex market
Results and short summary today-
Today we had a US bank holiday so the markets were very illiquid..Trading wasn't advised.. I did make one trade off a scalp on the vanilla trade pattern for EUR/JPY that provided me with 6 pips. Ive realized the key is to take a little from the market a day in small steps.
Comment
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Comment by Jacob Bishop on March 9, 2010 at 3:35pm -
breakout trade usd/chf +38 pips took 2 lots off for + 72 dollars. long
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Comment by Jacob Bishop on March 8, 2010 at 3:27pm
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usd/jpy long at 39.. stop at previous 29 also 1 min norm there.. looking for long an dthen to initate wolves strategy
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Comment by Jacob Bishop on March 8, 2010 at 5:52am
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usd/jpy long--market wasnt liquid trade didnt go as planned. Be careful with usd/jpy in illliquid markets it can bite. -15 pips oh yea eur/usd took 6 pips on remaining half
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Comment by Jacob Bishop on March 8, 2010 at 3:23am
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eur/usd long on vanilla and wolves breakout.. +10 pips on half letting other half of position ride to 69 or b/e whihcever comes first.
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Comment by Jacob Bishop on March 8, 2010 at 3:08am
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eur/usd breakout initiated long.at 1.3649 initial target 69 and then 3709
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Comment by Jacob Bishop on March 8, 2010 at 3:07am
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usd/jpy closed +3 pips.. Tired of taking risk when its only asian session.. first level or resistance on breakout gave us a good resistance point..tried twice and back off for a moment..
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Comment by Jacob Bishop on March 8, 2010 at 3:00am
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Usd/jpy long sunday night on vanilla with 15 min box.. also via wolves strategy didnt realize until i closed. +7 pips live.
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Comment by Jacob Bishop on February 26, 2010 at 7:21pm
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always keep your mind flexible to the opportunities that present themselves.. Dont let fear block trade ideas.
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Comment by Jacob Bishop on February 26, 2010 at 6:04pm
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+12 on half eur/jpy short on bounce trade and then closed other half for +27.. this is 2 lots by the way.
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Comment by Jacob Bishop on February 26, 2010 at 5:48pm
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eur/jpy + 8 short off bounce on half.. news coming out in a few minutes decided to contain some profits. put stop at breakeven from now on after you take some pips.. survive at all costs.. when you have pips keep them. Also try not to trade 15 mins within news release
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