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Tras WaveTrade 17 replies

Attachments: WaveTrade
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WaveTrade

  • #141
  • Quote
  • Oct 31, 2006 4:10pm Oct 31, 2006 4:10pm
Quoting Northpro
Oct 31, 2006

October recap:

We had 7 trades, 6 winners and 1 loser.

October gain: +601
Total gain since start: +1402

Realized Pips
<TABLE style="WIDTH: 98pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width=131 border=0 x:str=""><COLGROUP><COL style="WIDTH: 48pt" width=64><COL style="WIDTH: 50pt" width=67><TBODY><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="WIDTH: 48pt; HEIGHT: 12.75pt" width=64 height=17>Trade 12</TD><TD class=xl25 style="WIDTH: 50pt" width=67 x:num="">261</TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="HEIGHT: 12.75pt" height=17>Trade 13</TD><TD class=xl25 x:num="">20</TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="HEIGHT: 12.75pt" height=17>Trade 14</TD><TD class=xl25 x:num="">146</TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="HEIGHT: 12.75pt" height=17>Trade 15</TD><TD class=xl25 x:num="">78</TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="HEIGHT: 12.75pt" height=17>Trade 16</TD><TD class=xl25 x:num="">139</TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="HEIGHT: 12.75pt" height=17>Trade 17</TD><TD class=xl25 x:num="">10</TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="HEIGHT: 12.75pt" height=17>Trade 18</TD><TD class=xl25 x:num="">-53</TD></TR></TBODY></TABLE>Total: 601

Northpro
cool stuff............amazing results.......keep it up
  • #142
  • Quote
  • Oct 31, 2006 5:19pm Oct 31, 2006 5:19pm
Nov. 1, 2006<o>

</o>WaveTrade Signal
Trade #21

<o></o>USD/CHF
Long<o>
</o>
Entry: 2442
Target: 2575
Stop: 2309<o>
</o>
Potential: 133pips<o>
</o>
R/R: 1 to 1 (Initially)
W/L on pair: 71%<o>

Once 50% of Target is reached (2508) we move stop to +20 (2462).
</o>
<!-- / message --><!-- controls --> Northpro
  • #143
  • Quote
  • Nov 1, 2006 10:18am Nov 1, 2006 10:18am
Quoting Northpro
Oct 27, 2006<o>

The following are the signals for Sundays trades:
</o>
WaveTrade Signal
Trade #19

<o></o>GBP/USD
Short<o>
</o>
Entry: 8964
Target: 8810
Stop: 9118<o>
</o>
Potential: 154 pips<o>
</o>
R/R: 1 to 1
W/L on pair: 63%<o>
</o>
<!-- / message --><!-- controls --> Northpro
November 1, 2006

Trade #19
GBP/USD

Stop: 9116 Hit
Gain: -152 pips

Total Realized October: -152 pips
Total Realized since start: +1250 pips

Northpro
  • #144
  • Quote
  • Nov 1, 2006 11:18am Nov 1, 2006 11:18am
Quoting Northpro
November 1, 2006

Trade #19
GBP/USD

Stop: 9116 Hit
Gain: -152 pips

Total Realized October: -152 pips
Total Realized since start: +1250 pips

Northpro
Hi NP.

I think the trade is still good. because of the news we hit our SL...I think we can still hit our TP..what do u think.....

Thanks
  • #145
  • Quote
  • Nov 1, 2006 11:30am Nov 1, 2006 11:30am
Quoting babarmughal
Hi NP.

I think the trade is still good. because of the news we hit our SL...I think we can still hit our TP..what do u think.....

Thanks
We'll see at the days close... I am getting a second signal, so I'll keep you posted. I was suspecting that we would get stopped out on the news swings, just to see it retrace to before news levels. Brutal! I am also getting an AUD short signal developing.
Will determine moves this afternoon.

NP
  • #146
  • Quote
  • Nov 1, 2006 11:39am Nov 1, 2006 11:39am
Quoting Northpro
We'll see at the days close... I am getting a second signal, so I'll keep you posted. I was suspecting that we would get stopped out on the news swings, just to see it retrace to before news levels. Brutal! I am also getting an AUD short signal developing.
Will determine moves this afternoon.

NP
NP. I still don't understand how do you calculate the trade(ENTRY. SL TP)..but its amazing ..I wish if I can make a system like this...I know its secret. please help us by explaining with the chart...that will be great help learning how to trade

Thanks
  • #147
  • Quote
  • Nov 1, 2006 6:59pm Nov 1, 2006 6:59pm
Nov. 2, 2006<o>

</o>Spread Signal
Trade #22

<o></o>GBP/USD
Short<o>
</o>
Entry: 9069
Target: 8900
Stop: 9238 (initially)<o>
</o>
Potential: 169 pips<o>
</o>
R/R: 1 to 1
W/L on pair: 75%<o>

Would have liked to be in at 9085, but I was away from the computer. This is a unique situation. Rarely do I exit a trade and re-enter in the same day, same pair, but I have a signal to do so, so I will. I will however be watching this very closely. We have major resistance at 9150. If I see a whole candle form above that line, we will modify stop and take a loss as we are out of the range and into a further uptrend. Extreme caution is advised on this one.
</o>
<!-- / message --><!-- controls --> Northpro
  • #148
  • Quote
  • Nov 2, 2006 1:00am Nov 2, 2006 1:00am
i am new here to this forum and i really like what i read here thanks alot to you all for all of the advice because it really is needed the good trades and the bad ones.
Just think positive and all the pips will come your way.
  • #149
  • Quote
  • Nov 3, 2006 8:50am Nov 3, 2006 8:50am
Quoting Northpro
Nov. 1, 2006<o>

</o>WaveTrade Signal
Trade #21

<o></o>USD/CHF
Long<o>
</o>
Entry: 2442
Target: 2575
Stop: 2309<o>
</o>
Potential: 133pips<o>
</o>
R/R: 1 to 1 (Initially)
W/L on pair: 71%<o>

Once 50% of Target is reached (2508) we move stop to +20 (2462).
</o>
<!-- / message --><!-- controls --> Northpro
Nov. 3, 2006

USD/CHF
Trade #21.

50% of target has been met. Moved Stop to +20 in the money.

Target: 2575
New Stop: 2462 (+20 in the money)
Look for EUR next to move stop at 2679.

Northpro
  • #150
  • Quote
  • Nov 3, 2006 9:10am Nov 3, 2006 9:10am
northpro...do u think EU will break the zig zag and down toward to form wave 3 in daily or it will go upward?
  • #151
  • Quote
  • Nov 3, 2006 9:30am Nov 3, 2006 9:30am
Quoting jajabaik
northpro...do u think EU will break the zig zag and down toward to form wave 3 in daily or it will go upward?
What's wave 3?..Kidding..We are not doing EW on this thread, but are wave range traders. But to answer your question, yes I do think it will form wave 3. We are in position for a price to 2627, so yes I am betting it will continue to correct down before reversing for more upward moves, not a genuine EW formation, but I am not the EW expert. Best to ask itme or fixme1too. This US economy is doing a lot better than what has been discussed lately, I can't wait to see the revision to this months NFP, maybe it will also be out by 2 1/2 times as well, some should question the validity of NFP data when it comes out, I think it's totally over rated due to its initial inaccuracies. Just my opinion.

Northpro
  • #152
  • Quote
  • Nov 6, 2006 8:52am Nov 6, 2006 8:52am
Quoting Northpro
Nov. 1, 2006<o>

</o>WaveTrade Signal
Trade #21

<o></o>USD/CHF
Long<o>
</o>
Entry: 2442
Target: 2575
Stop: 2309<o>
</o>
Potential: 133pips<o>
</o>
R/R: 1 to 1 (Initially)
W/L on pair: 71%<o>

Once 50% of Target is reached (2508) we move stop to +20 (2462).
</o>
<!-- / message --><!-- controls --> Northpro
November 6, 2006

USD/CHF
Trade #21

Target: 2575 Hit
Gain: +133 pips

Total Realized November: -19 pips
Total Realized since start: +1383 pips

Northpro
  • #153
  • Quote
  • Nov 6, 2006 5:08pm Nov 6, 2006 5:08pm
Nov. 7, 2006<o>

</o>WaveTrade Signal
Trade #23

<o></o>AUD/USD
Short<o>
</o>
Entry: 7712
Target: 7652
Stop: 7772 <o>
</o>
Potential: 60 pips<o>
</o>
R/R: 1 to 1
W/L on pair: 71%<o>

</o>
<!-- / message --><!-- controls --> Northpro
  • #154
  • Quote
  • Nov 9, 2006 1:52am Nov 9, 2006 1:52am
NorthPro,

I like your style of trading. I am a new trader and have finally moved from unconscious incompetence to concsious incompetence. I have decided to go slower. I find it interesting that you created your own system via analyzing the historical data. When you analyzed the data, you used OHLC data and not tick data, correct?

I work during the day and can't be at my computer at home to day trade...so I've started to slow down and attempt some positional trading.

I will be following your trades and hopefully be able to rebuild my initial account before it's all gone...but..I expected to lose it all anyway...just not in the first month.

Thanks,

Lyle
  • #155
  • Quote
  • Nov 9, 2006 8:13am Nov 9, 2006 8:13am
Quoting lsteinhardt
NorthPro,

I like your style of trading. I am a new trader and have finally moved from unconscious incompetence to concsious incompetence. I have decided to go slower. I find it interesting that you created your own system via analyzing the historical data. When you analyzed the data, you used OHLC data and not tick data, correct?

I work during the day and can't be at my computer at home to day trade...so I've started to slow down and attempt some positional trading.

I will be following your trades and hopefully be able to rebuild my initial account before it's all gone...but..I expected to lose it all anyway...just not in the first month.

Thanks,

Lyle
Welcome aboard Lyle.

Yes I use OHLC data and not tick data in my analysis. Good luck on rebuilding your account, just remember to take your time and only expose small %'s of your remaining capital...it aint a game of speed, it's a game of longevity.

Cheers,
NP
  • #156
  • Quote
  • Nov 9, 2006 8:42am Nov 9, 2006 8:42am
Quoting Northpro
Nov. 7, 2006<o>

</o>WaveTrade Signal
Trade #23

<o></o>AUD/USD
Short<o>
</o>
Entry: 7712
Target: 7652
Stop: 7772 <o>
</o>
Potential: 60 pips<o>
</o>
R/R: 1 to 1
W/L on pair: 71%<o>

</o>
<!-- / message --><!-- controls --> Northpro
November 9, 2006

AUD USD
Trade #23

Target: 7652 Hit
Gain: +60 pips

Total Realized November: +41 pips
Total Realized since start: +1443 pips

Northpro
  • #157
  • Quote
  • Nov 9, 2006 8:52am Nov 9, 2006 8:52am
GO Northpro another winner Cha ching
MIR
  • #158
  • Quote
  • Nov 9, 2006 8:55am Nov 9, 2006 8:55am
Hey Horthpro on trade#22 gdp/usd do we take half profit on that trade
MIR
  • #159
  • Quote
  • Nov 9, 2006 8:58am Nov 9, 2006 8:58am
Quoting mniemiec
GO Northpro another winner Cha ching
Thanks mniemiec. Trades 20 and 22 are still open and so far we are 17 out of 21 completed trades that are in the green, 81% win rate, which is ahead of estimate, but we'll take it..

Cheers,
NP
  • #160
  • Quote
  • Nov 9, 2006 9:02am Nov 9, 2006 9:02am
Quoting mniemiec
Hey Horthpro on trade#22 gdp/usd do we take half profit on that trade
Not that one, we let this one ride with no stop move. Some will disagree with this approach, but the G/U is unique and history says, leave it alone. If your not comfortable with it, move to breakeven. It's very tempting but I will not touch my trade.

NP
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