When I first started trading the Forex market in 2008, I had no idea where to start. I have read many, many books, online articles and forums about trading and was looking for a trading system, that I could stick with.

A system, giving me clear signals, entry signals, but also exit signals. And a sound method to apply risk and money management easily. I have tested every different indicator like MACD, RSI, Momentum, Stochastics, Bollinger Bands, SAR and a few other, exotic indicators. I used them solely or in combination with others… the results where deflating.

It was then, when I read about Point and Figure charts and wanted to give it a try. “Back to the roots” trading, taking only price action into account, supply and demand, and nothing more. I removed each and every indicator from my chart and this has been the best, that I could ever do!

From this point on, I could see where the price is moving, see major support and resistance, and apply a strict and easy risk and money management to my trading style. For this purpose, I have developed a Point and Figure indicator for MetaTrader 4 / MT4 that you can also get on this website.

I started a trading challenge recently for which I will updated my trading progress from time to time, as well as publishing some outlooks and reviews of coming and past trading days. This is for my own trading improvement and to keep up the motivation and discipline. But maybe someone else finds it usefull, too… any comments are welcome!

Have a nice and successful trading day!