Sunday, 29 July 2012

Introduction of myself

My name is Desmond Chin.

I am a part-time forex trader and I trade solely using high quality Price Action signals from key levels along with strict money management to protect capital at all times. Most of my trading is done on daily charts.

In the past, I have been flooded myself with numerous indicators, such as Ichimoku Kinko Hyo, Stochastic, MACD and William Percent Range. All these did not help in my forex trading but detrimental to my forex trading. I faced substantial losses by trading with indicators and I have also blown up few live accounts.

Is it until when I come across a simple and straight forward forex trading strategy - Price Action. My trading performance has improved drastically after I learnt Price Action. I am a person who always prefer something that is straight forward and simple, that's what I have tweaked my trading technique to reflect that.

I started this blog to commit myself to maintain a trading journal for my live trading as well as to share and help other traders to learn how to trade Price Action. I also wish that this blog could be a great learning avenue for traders who are interested in Price Action trading method.

I hope everyone enjoys this blog and please feel free to comment and ask questions regarding my Price Action analysis on forex market.

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