parwal trader's profile

I am an IT Network Engineer and I enjoy FX trading as a part time work to generate money.
 I like to trade in a conservative manner and I mould my strategy as per the market situation.

I prefer to do more of Long than Short trades . and currently my favourite pairs are EUR/USD and AUD/USD .

 I play at margins of about 30 to 50 pips depending on the market situation and I generally hold my trades for a couple of days. I do intra day trades of smaller volumes as well .

I prefer to keep at least 20% of portfolio investment at all times and never more than 70% of my portfolio .

 I am growing my size of portfolio . It has risen by more than 30% in the past 3 months . During the first month I had made couple of mistakes in my trading decisions and strategy but I am going fine now.

i rely more on technical indicators to take the decisions.