Eked out one last trade for the week

I managed to pull one more trade yesterday night. I saw that the Swissie was weak and dropping. When it fell past the 60 EMA, I shorted it and expected it to bounce off the 200EMA. I set my profit target at the 200 EMA. It came touched the 200 EMA and even went a little below the 200 and then bounced back up. This trade netted me a nice 21 pips. I now end the week with a 228 pip gain from last week. This leaves my account balance at 517 now. I'm happy to see that I'm slowly and steadily progressing towards my goal.

Some of the things I currently look at when I want to enter a trade
1. Support and resistance levels
2. Fib levels
3. 20, 60 and 200 EMA
4. Overall trend, break of trend lines and the strength of currency.

I don't use any other indicator. I think the Support and Resistance is the simplest and best thing which is working for me. If you see all the tools I use now basically indicate the support and resistance. I plan to stick to these tools as far the going is good. If anything changes I will come back and re-evaluate.

To a successful next week ...