Hmmm, yes. not a bad idea to use the 100 pip rule on GY.... I had a look back at my trades and if I had used that idea I would have vastly improved the record....I recall one trade where I was short and we had a 500 pip drop, so the stop was 500 ...

Stevie!!! What's happened to the 12 month plan, with discipline and patience... But seriously, I'm not averse to change and you've beaten me to the gun anyway, as I had committed to myself to revisit the pairs at the end of this month. I'll be ...

Bingo!! We appear to be sitting with a royal flush.....lol

Well at least your sense of humour remains untroubled..lol

spinning your wheels — NO !! But you are letting other people's ideas and/or challenges to your decisions infiltrate your psyche. You know your system better than anyone else, you make the directional decisions, and you live with the results, ...

OK, yes thats my feeling on it too, see what a full days trading does to it before re-entering. It looks like the initial move is Yen cross related ( on demo ...lol) Yes, you might be still in the trade if it can drift off a few spreads in ...

Steve, Cable is currently trading a lot higher (my short was stopped about an hour ago at 19350) - currently 60/65 (8pm GMT).... I'm wondering, will you re-enter in a couple of hours or do you wait until you have seen the Monday candle close?

Well, well.....I have to say Steve, thats exactly my approach today too...

your new technique — I might just try your wine drinking technique .... I got stopped out on EUR , to the pip of course, and the GBP and JPY after the close, so sitting on my hands until later for those, whilst you guys who go and ...

Lol...I was going to make some speculative and accusatory remarks about your non-appearance at 10pm, but decided that perhaps blaming it on the PC might provide you with a dignified cover story.....

Where's Wally? — Stevie!!! Where are you - you have trades to do....lol PC bombed out again? regards Xerof

Yes, it's a great start to March alright.... you have a good weekend too m8 Check out the "you know what" ......you'll cringe at the demo trade results...lol All the best Xerof

NZ actually - we have the north and south islands, and OZ is considered to be the west island ....lol (unless you're from aussie of course, then the perspective is completely polarised : )

SNAP.....

another box of chocolates — You know Steve, , you are pretty good at using the candlesticks for choosing directional entry when required to do so under your system, so why not utilise that skill on the other side - the ...

C'mon peeps, 60 posts already and no suggestions for "improvements" yet.... Well, here's the first one then..... Enter 2 lots (whatever size suits your capital/risk profile), take t/p at the levels suggested on lot 1, move s/l to b/e on ...

Mikhail — You won't forget to insert the alert function will you.....lol

Yes, its been a long dark winter of discontent for them, for sure... The Colonial upstarts seem to have the wood on them...lol

OB to 'young turk'... — Yeah, OK, so in fact you're logging the pip result but not adjusting for trade size, however, you have recorded your monthly % returns on capital, which probably should satisfy my 'curiousity' when I think about it. I ...

risk and money management — So Steve, can I assume that if a 2% risk tolerance allows you to take (say) 1 lot with a 100 pip stop, you will take 2 lots if the initial stop is 50, 4 lots if 25 etc etc. ? or are you in fact just taking a single ...