First trade activated

Ok, the great news is that we have our first trade that has been activated.

This will be to sell the EURUSD.

We will see how this goes, but the trade was executed when the rate was 1.36552. so anything below this we are in profit (minus the spread of course, but for eases sake as already mentioned, I am not taking this into account. Hopefully the wins on this will make the spreads pointless (because we are looking at a decent size profit, although it does of course mean that it will not be 100% accurate (although it will still be 98% accurate give or take a percent). The reasons for doing this is to prove it works, and show that there is undeniable profit potential in this strategy.

One thing to remember, I am not aiming for the highs and lows, to predict them 100% is impossible, so if we go in the red, that is not a problem, we are looking for the trend here, and there will be some ups and downs, as long as the downs and ups get lower and lower, that will result in a profit for this one trade.

I have decided that, the $250 starting bank is not going to be adhered to. I am going to do this on a points basis as it will make it a lot easier to present and will be easier on the eyes when trying to compute the information... Needless to say, depending on the lot sizes you want to use, says how much you win or lose, so risk and the rest can be assesed on that basis.

Happy trading!