TradeLikeMrMike

Hi MongiIG, I would call myself a scalper to short term trader. I like to get in and out markets as soon as I can. I don't have the paitence nor the fortitude to sit through long hours of losses. I used to scan the Forex Market & put in trades here and there but would lose track and lose money. I have started trading again this fall due to being at home recovering from knee surgury & decided to try again. Right now I am just focused on one currency - GBP/USD and making one or two trades a day. I focus on the NY time frame. From 6 am CST to 11 am CST.. I have developed a simple short term/scalping strategy that is helping make some profits now. I am slowly and steadily recuperating money I have lost and taken out of the account. As far as trading analysis, I follow Forex Factory, Market Milk, and various Currency Strength Meters. I try to catch reversals as I can....

I too, am new to this type of forum. My name is Michael & I live in Missouri. I have been using Forex Factory Forums to stay in touch with various people. I thought I would try this forum out as well.

I like trading the GBP/USD.... I agree it might be moving back up...