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  • #3,281
  • Oct 18, 2010 1:39am Oct 18, 2010 1:39am
nzd.jpy is great place anoter limit sell order @ 61.72 if it hits its all gravy...
  • #3,282
  • Oct 18, 2010 1:41am Oct 18, 2010 1:41am
Quoting VEEFX
Hi all,

My latest open positions. nzdjpy will be my next TP=80 pips successful trade going 110+ pips strong after the momentum breakout of the weekly pennant trend line. Took A/J tonight and EUR/CHF, AUD/CHF and NZD/JPY are from Thursday/Friday.

Attachment
UPDATE: EURAUD Short Trade also closed with a profit of 80+ pips. This week is looking good

Attached Image (click to enlarge)
Click to Enlarge Name: 10-17-2010 11-39-11 PM.png Size: 52 KB
Staying in my lane...
  • #3,283
  • Oct 18, 2010 1:51am Oct 18, 2010 1:51am
Quoting VEEFX
Hi all,

My latest open positions. nzdjpy will be my next TP=80 pips successful trade going 110+ pips strong after the momentum breakout of the weekly pennant trend line. Took A/J tonight and EUR/CHF, AUD/CHF and NZD/JPY are from Thursday/Friday.

Attachment
Sorry about the series of recent posts. Just got out of A/J at -5pips as it didn't like the PA / swift bounce off 200ema. It has done it before and it will do it again this time. Will come back during NY open to see where this pair wants to go.

EURCHF Short is still going 35+pips strong. I have my SL and TP in place as per the rules of this project. Will update you all tomorrow at NY open on the fate of this pair. Until then, Good night everyone.

Happy Trading !!!
Attached Image (click to enlarge)
Click to Enlarge Name: 10-17-2010 11-44-05 PM.png Size: 76 KB
Staying in my lane...
  • #3,284
  • Oct 18, 2010 1:58am Oct 18, 2010 1:58am
Quoting io006861kpip
nzd.jpy is great place anoter limit sell order @ 61.72 if it hits its all gravy...
Hi io006861kpip,

61.72 is above the 200ema level according to my MT4 charts. It may not touch that high a level soon as there is very strong breakout momentum heading south. It is trying to retrace a little bit now. I think max it might retrace to 61.35 level... just my 2 cents. Good luck though!
Staying in my lane...
  • #3,285
  • Oct 18, 2010 7:28am Oct 18, 2010 7:28am
Quoting VEEFX
Sorry about the series of recent posts. Just got out of A/J at -5pips as it didn't like the PA / swift bounce off 200ema. It has done it before and it will do it again this time. Will come back during NY open to see where this pair wants to go.

EURCHF Short is still going 35+pips strong. I have my SL and TP in place as per the rules of this project. Will update you all tomorrow at NY open on the fate of this pair. Until then, Good night everyone.

Happy Trading !!!
Attachment
Good Morning and Happy Monday Everyone,

A quick update...my EURCHF trade from last week went along my anticipation and hit the TP level of 80 pips. Second position that I took during London open hit my SL.

Attached Image (click to enlarge)
Click to Enlarge Name: 10-18-2010 5-19-06 AM.png Size: 41 KB
Staying in my lane...
  • #3,286
  • Oct 18, 2010 9:24am Oct 18, 2010 9:24am
Quoting VEEFX
Good Morning and Happy Monday Everyone,

A quick update...my EURCHF trade from last week went along my anticipation and hit the TP level of 80 pips. Second position that I took during London open hit my SL.

Attachment
Hi all,

Got another successful trade on gbpnzd short.
Attached Image (click to enlarge)
Click to Enlarge Name: 10-18-2010 7-19-45 AM.png Size: 93 KB


Current open positions also going strong....
Attached Image (click to enlarge)
Click to Enlarge Name: 10-18-2010 7-23-27 AM.png Size: 83 KB
Staying in my lane...
  • #3,287
  • Oct 18, 2010 10:19am Oct 18, 2010 10:19am
Quoting VEEFX
Hi all,

Got another successful trade on gbpnzd short.
Attachment

Current open positions also going strong....
Attachment
Nice, Vee. You appear to be on a roll. Keep it up!

Kevin
  • #3,288
  • Oct 18, 2010 10:26am Oct 18, 2010 10:26am
I cant send PM, dont know why, so i have to spam here via posts . .. sorry

I would like to ask VEEFX, are you still in touch with Greame ? its already few weeks since his last post here and im wondering why is it so . . .

Thank you for your informations

Happy trading to you all
  • #3,289
  • Oct 18, 2010 11:49am Oct 18, 2010 11:49am
Quoting VEEFX
Hi all,

Got another successful trade on gbpnzd short.
Attachment

Current open positions also going strong....
Attachment
Just took 80+ pips on EURJPY Long position. Thanks Kevin.... I am indeed on a roll today
Attached Image (click to enlarge)
Click to Enlarge Name: 10-18-2010 9-46-27 AM.png Size: 37 KB
Staying in my lane...
  • #3,290
  • Oct 18, 2010 12:15pm Oct 18, 2010 12:15pm
Hi VeefX

I have read through all the threads but I don't understand trading the 200ema method why you have the other two ema's?

Please can you explain?

Cheers

Tim
  • #3,291
  • Oct 18, 2010 12:38pm Oct 18, 2010 12:38pm
The second account was set up within 24 hrs, although I didn't bother to check my email for the notice this weekend (submitted form Fri., recv'd notice Sat.). Transfer of a portion of the funds in Acct. #1 to Acct. #2 was easily accomplished this a.m. in a matter of minutes. I must say, they make it very easy to actively begin trading.

If nothing else, I think this will be an interesting test of my organizational skills. I'm still a bit unsure of the best way to proceed. As I see it, I have two options, since I already am using two computers at my desk. The main trade machine has 3 screens, and the second only one. I have installed MT4 platform on the second computer,logged in to the second acct. I believe someone suggested previously to place only long trades in one acct, and shorts in the other. I'm debating if it would be more logical to establish all original, w/trend positions on the trading machine, and any offset (diversify) positions in the second acct.

If anyone is actively diversifying, I would appreciate learning how you are going about it.

Regards ... meph

P.S. Excellent trading, VEEFX!
  • #3,292
  • Oct 18, 2010 1:32pm Oct 18, 2010 1:32pm
Quoting wickstedFX
Hi VeefX

I have read through all the threads but I don't understand trading the 200ema method why you have the other two ema's?

Please can you explain?

Cheers

Tim
Hi wicksted,

The 5/10 ema lines are not required for the 200ema project. I use them mainly for entries using some of the methods described in this thread (i.e FB).
Staying in my lane...
  • #3,293
  • Oct 18, 2010 4:29pm Oct 18, 2010 4:29pm
Thanks
  • #3,294
  • Oct 18, 2010 6:21pm Oct 18, 2010 6:21pm
Kevin:

We will love to see some of your current trades with chart also.

Thanks,

FX_California
Quoting Starvin4Pips
Nice, Vee. You appear to be on a roll. Keep it up!

Kevin
  • #3,295
  • Edited Oct 19, 2010 7:47am Oct 18, 2010 7:31pm | Edited Oct 19, 2010 7:47am
Quoting FX_California
Kevin:

We will love to see some of your current trades with chart also.

Thanks,

FX_California
No problem, FX_California.

Here's one I'm not in yet, but I hope to be in later tonight when my new daily candle opens at 12 AM EDT...

Kevin

UPDATE: The daily candle closed below the weekly pivot, so I'm still not in this trade yet. I set a buy stop entry order for 1.4015 (about 10 pips above yesterday's high), so we'll see if it gets triggered.
Attached Image(s) (click to enlarge)
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  • #3,296
  • Oct 18, 2010 7:53pm Oct 18, 2010 7:53pm
Here's an update to the potential trade setup on AUDCAD that I posted over the weekend. Price moved up nicely overnight, so I jumped the gun and entered long this morning. Hopefully, it'll end up being a nice trade.

Kevin
Attached Image(s) (click to enlarge)
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  • #3,297
  • Oct 18, 2010 8:57pm Oct 18, 2010 8:57pm
Okay gang, here's one more. This is a trade I took early last week that I'm still in (currently @ +4 pips). We'll have to wait and see if it works out or ends up a bust.

Kevin
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDUSD_Monthly.jpg Size: 62 KB
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  • #3,298
  • Oct 18, 2010 9:53pm Oct 18, 2010 9:53pm
Thanks, Kevin
Quoting Starvin4Pips
Okay gang, here's one more. This is a trade I took early last week that I'm still in (currently @ +4 pips). We'll have to wait and see if it works out or ends up a bust.

Kevin
  • #3,299
  • Oct 19, 2010 8:49am Oct 19, 2010 8:49am
Looks like the market is throwing a bit of a tantrum this morning. Most of my positions were running against me, so I closed all of my positions and am currently completely out of the market. Currently sitting on -273 pips after swap and commissions for the week. I'll begin jumping back in once things settle down a bit.

Kevin
  • #3,300
  • Oct 19, 2010 9:49am Oct 19, 2010 9:49am
Quoting Starvin4Pips
Looks like the market is throwing a bit of a tantrum this morning. Most of my positions were running against me, so I closed all of my positions and am currently completely out of the market. Currently sitting on -273 pips after swap and commissions for the week. I'll begin jumping back in once things settle down a bit.

Kevin
Indeed Kevin. Not sure what is going on out there. Most pairs came back to 200ema so just went nuts and just opened 10 positions !

Got one long gbpcad hit my SL so far. Rest all seems to be going... well not sure which direction though

Let's see if today turns out to be as good as yesterday :-

Attached Image (click to enlarge)
Click to Enlarge Name: 10-19-2010 7-44-59 AM.png Size: 23 KB
Staying in my lane...
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