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  • 67 Results (3 Threads , 64 Replies )
  • Baggles replied May 25, 2010

    Two years later — Finally made back all losses and now a fraction above break even thanks to a plunging Euro. Would have been quicker if I hadn't sold the CAD and let the losing trades run...... Oh boy, will I ever learn. Why don't I let my ...

    Bag's first steps
  • Baggles replied Jan 30, 2010

    Closed the EURUSD short. Had set a TP at 1.3883 which triggered towards the end of the trading day on Friday. Now wondering whether I could have done that differently. Perhaps a trailing stop loss would have been better, as really I consider the ...

    Bag's first steps
  • Baggles replied Jan 20, 2010

    Short EURUSD — It's been a while. So I didn't triple the account before refunding. It was painful to watch pennies come and go. I did quite well though and really developed some patience. Can't believe that was a year ago. So currently ...

    Bag's first steps
  • Baggles replied Jun 2, 2009

    June 1 — Just read back a couple of posts. June 1st been and gone and not been able to hold consistent profit. Working on a breakout system that fits my time frame. Assess PA over 8 hours (00:00 to 08:00) takes 5 minutes, then around 4:00 ...

    Bag's first steps
  • Baggles replied Jun 2, 2009

    fibs — EURJPY has bounced off it's fib extension at 137.21. Looks like a good short opportunity.

    Bag's first steps
  • Baggles replied Mar 20, 2009

    Still practising — Reading the post above and seeing the price of GBPUSD today makes me a little sick. Been practicing on micro micro lots and getting to make more consistent profits. But discipline is a problem. Every once in a while I trade ...

    Bag's first steps
  • Baggles replied Jan 14, 2009

    I blew it — Just before Christmas I went to Singapore for a week for work. Decided to take a trade while waiting for the plane. Short GDPUSD. I knew it was going south and right now I was right. But back then I didn't expect it to spike up to ...

    Bag's first steps
  • Baggles replied Dec 8, 2008

    update — Profit now standing at 125%. Should be so much more, but family and job take too much time. level 37 or so according to money management xls. Strategy now: Using zigzag indicator, standard settings. Wait for price action to happen, ...

    Bag's first steps
  • Baggles replied Oct 20, 2008

    Let profits run and cut the losses — Now +70% on initial investment. Placing stop losses on all trades at levels that make sense. Also keeping lot sizes small. Trying to roughly calculate risk so that losses will not be more than 2% of current ...

    Bag's first steps
  • Baggles replied Sep 30, 2008

    Easy come easy go — Just wiped out all my profit. Still left with initial sum so still can fight another day. As someone mentioned once you've made a profit, you then have to keep it. Capital preseveration is number 1. Do not let the losses ...

    Bag's first steps
  • Baggles replied Sep 18, 2008

    level 34 — Now 150% profit since I started, thanks to patience and a better understanding of market reactions. Trading much less and making many more pips. Now not thinking so much about the money, but how many pips I can make. A sign I'm ...

    Bag's first steps
  • Baggles replied Sep 5, 2008

    Slippage — I haven't tried it yet, not even on demo. I'm still looking around and getting a feel for forex. I'll try it on demo and see what happens, but live trading will be completely different anyway. First, I need to know the difference ...

    Trading NFP
  • Trading NFP
    Started Sep 5, 2008|Rookie Talk|2 replies

    Looking at the last few months NPF, whether the numbers are good or bad, there are wild swings both ...

  • Baggles replied Sep 5, 2008

    Another loss — Now up 50% from total investment. I was up 80% but took a big loss due my stupidity. How could anyone make a loss with a confirmed downtrend worth 1900 pips. Thought I'd steal a few pips on a retracement. Fine it all looked good ...

    Bag's first steps
  • Baggles replied Sep 4, 2008

    lot size calculator — I picked this up from a forum somewhere in ff. I should keep a note of who and where. whoever created should get the deserved credit. It's kept me out of trouble. Thank you to whoever it was.

    Part Time Wealth Building Trading System - Weekly Scalping
  • Attached File
    File Type: xls Aggressive OrderSize Calculation.xls
  • Baggles replied Aug 22, 2008

    down? — 1hr chart so not official 4hr strategy, but looks oh so good. Close to the neckline now about to cross , about to cross the 21, could pull all the way back to the 89, or even just the 200. MACD has a series of lower highers and about ...

    4 Hour Strategy (MACD)
  • Baggles replied Aug 22, 2008

    sHs — Looks like a sHs forming on the 1hr charts for EU. Interesting that the price has been hovering at the same level most of the day (Typhoon in Hong Kong closed the market all day taking away volume ,so who knows). Close to breaking the ...

    4 Hour Strategy (MACD)
  • Baggles replied Aug 20, 2008

    Sitting on my hands — Yes. Palmer I'm waiting this one out too, for today. I'd like to stay awake for a good pullback before going long. But time to call it a night. Rather be out of a trade than in a bad one, and right now, I need to gain a ...

    4 Hour Strategy (MACD)
  • Baggles replied Aug 20, 2008

    sHs move up or TC — Patiently waiting to analyse this situation. I have a feeling that I am over thinking this. Looking at the EU on the 4 hour. Looks like a sHs forming which would indicate a rise coming up. I should wait for the neckline to ...

    Bag's first steps
  • Creating wonderful graphs
    Started Aug 20, 2008|Platform Tech|1 reply

    Ok, I use MT4. I can create a graph with the standard indicators, save them, and up load them. But ...

  • Posts by Member Search: 'Baggles'
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