Local Field Potential (LFP) recordings are one type of intracortical recordings, (besides Single Unit Activity) that can help decode movement direction successfully. In the longterm however, using LFPs for decoding presents some major challenges like inherent instability and non-stationarity. Our approach to overcome this challenge bases around the hypothesis that each task has a signature source-location pattern. The methodology involves introduction of source localization, and tracking of sources over a period of time that enables us to decode movement direction in an eight-direction center-out-reach-task. We establish that such tracking can be used for long term decoding, with preliminary results indicating consistent patterns. In fact, tracking task related source locations render up to 66% accuracy in decoding movement direction one week after the decoding model was learnt.