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I'm up to something (I think)

  • #121
  • Dec 7, 2020 3:28am Dec 7, 2020 3:28am
Quoting PixelSniper
{quote} I see, so you have found discipline. Could you post an entry example on XAUUSD?
Mate I wouldn’t even attempt to guess on an entry for XAUUSD without doing the full backtest. I’ve truly got no idea whether it works or not, it’s just not something I look at.
Trade what you see, not what you think
  • #122
  • Dec 7, 2020 5:34pm Dec 7, 2020 5:34pm
NEW TRADE: I’ve opened a short trade on the GBPAUD and GBPUSD this morning. I left them a bit too late so I lost a couple of pips but when you’re at work that can happen!

The AUDNZD second trade closed back at break even so 0.5% profit of that trade overall.

The EURNZD is still ticking over and the NZDJPY is still in play but hasn’t got to the initial take profit yet so full risk still on the table for that one.
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Trade what you see, not what you think
  • #123
  • Dec 8, 2020 5:00pm Dec 8, 2020 5:00pm
Not a lot happening in the last 24hrs. Everything much the same as it was at the entry yesterday. The EURNZD has come back a bit so we may see an exit signal on that soon, currently 0.5% gain.
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Trade what you see, not what you think
  • #124
  • Dec 8, 2020 9:04pm Dec 8, 2020 9:04pm
Quoting ads213
Not a lot happening in the last 24hrs. Everything much the same as it was at the entry yesterday. The EURNZD has come back a bit so we may see an exit signal on that soon, currently 0.5% gain. {image}{image}{image}{image}

They will all move together, i see that you have many trades open.. so good luck.
Soon there will be a great breakout, perhaps waiting for some fundamentals / news etc.
  • #125
  • Dec 8, 2020 10:10pm Dec 8, 2020 10:10pm
Quoting PixelSniper
{quote} They will all move together, i see that you have many trades open.. so good luck. Soon there will be a great breakout, perhaps waiting for some fundamentals / news etc.
yeah sometimes it works out that way and I am mindful of my exposure to one currency but I’m under the threshold still so it ok. Volatility has been rubbish for a while now. When it will end hopefully soon but who really knows.
Trade what you see, not what you think
  • #126
  • Dec 10, 2020 1:50am Dec 10, 2020 1:50am
No update this morning as I had some stuff I had to do around the close of the candle. There was no new trades to put on anyway and nothing really forming up. My initial TP has been taken out on the GBPAUD trade for a 1.3% gain on the account. I’ve now got 2 positions on with no risk running and 2 pairs still with full risk.
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Trade what you see, not what you think
  • #127
  • Dec 10, 2020 4:13pm Dec 10, 2020 4:13pm
UPDATE: So along with the GBPAUD that I moved to break even last night the GBPUSD has also taken out the TP so it’s break even as well. This means I’ve only got the NZDJPY open to risk at the moment. It’s gone way away but hasn’t given the close signal yet which is surprising seeing it’s gone so far back up but I’m just sticking to the plan at the moment. I imagine the direction it heads today will dictate whether it needs to close or not. No other trades close today.
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Trade what you see, not what you think
  • #128
  • Dec 11, 2020 4:50pm Dec 11, 2020 4:50pm
Finished the week with some good profits banked and up a floating 4.2% currently on the rest with limited risk. USDCAD is a buy for Monday morning, I believe that’s the only one that is there at the moment. Hope everyone has a good weekend!
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Trade what you see, not what you think
  • #129
  • Dec 13, 2020 5:47pm Dec 13, 2020 5:47pm
NEW TRADE: So I’ve opened the USDCAD trade I mentioned on the weekend. GBPUSD gapped up and went 150 pips so the break even close was triggered and that trade was closed. Not much else looking like happening other than managing these trades.
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Trade what you see, not what you think
  • #130
  • Dec 14, 2020 5:10pm Dec 14, 2020 5:10pm
UPDATE: I’ve had to close the USDCAD trade as the exit signal has triggered. Still a 0.01% profit rather than a loss All other trades remain open and as far as I can see there isn’t a lot else to watch out there at the moment.
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Trade what you see, not what you think
  • #131
  • Dec 15, 2020 4:41pm Dec 15, 2020 4:41pm
Nothing much to report today, only one trade with risk on and the others looking to be coming close to triggering an exit signal. I’ve given them a fair bit of breathing room so I’m comfortable with an exit now if it happens. NZDJPY has come back down but not in profit yet.
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Trade what you see, not what you think
  • #132
  • Dec 16, 2020 5:35pm Dec 16, 2020 5:35pm
Today I’ve closed my GBPAUD trade for a 1.6% gain. That’s on top of 1.3% from the original trade. I’ve also opened up the USDCAD position again as it has triggered again for an entry and also an AUDJPY position. EURNZD and NZDJPY both seem to be still going along with not a lot to report.
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Trade what you see, not what you think
  • #133
  • Dec 18, 2020 4:31pm Dec 18, 2020 4:31pm
Not a lot going on one way or another with the open trades at the moment. The Yen trades are both in drawdown with the USDCAD looking closest to an initial take profit. I hope everyone reading has a good weekend.
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Trade what you see, not what you think
  • #134
  • Dec 20, 2020 7:04pm Dec 20, 2020 7:04pm
So I’ve just closed my USDCAD initial position for a 0.5% gain and a move to break even on the other one which is great to remove some risk before the markets go quiet for the Christmas period.

I’ve had a good few months, best string of 4 months ever to be honest. It’s got me asking a question though, why are there so many people that are magnetized to these people who are up 50% one minute and throwing around knowledge bombs telling everyone why they are wrong all for them to gone 10 days late with a spectacular fall?

Anyone who knows anything knows that if you are north of 30% return a year and have done that for a few years you a good, really good and you are rare. I see it in trade copy places like MyFxbook and ZuluTrade as well. Everyone flocks to the guy up 150% in 5 days and they go and lose their money with him and then chase the next one who it happens to all over again. Meanwhile they guy that’s made 10% gets ignored. He’s low risk, he’s making steady gains. I just don’t get it!
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Trade what you see, not what you think
  • #135
  • Dec 21, 2020 5:23pm Dec 21, 2020 5:23pm
AUDJPY went to initial TP last night which was nice. Moved other trade to break even and it snapped back and took that out.
NZDJPY went within 2 pips of the TP and then snapped back the same so that is still open. 2 pips!!!
I’ve just opened up a EURUSD short position today also. EURNZD and USDCAD remain open.

On another note I made my first $1 commission on ZuluTrade with my 1 lonely follower. Hey you have to start somewhere!
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Trade what you see, not what you think
  • #136
  • Dec 23, 2020 6:26pm Dec 23, 2020 6:26pm
So yesterday EURUSD went to initial take profit for a 0.7% profit which was good to get that risk off.
I’ve closed the second position on the EURNZD for another 0.5% profit so I think 1% overall.
I opened a USDJPY position in the opposite direction to the NZDJPY I have open. This may sound crazy but you have to “trade what you see not what you think”.
The other EURUSD and USDCAD remain open.
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Trade what you see, not what you think
  • #137
  • Dec 24, 2020 5:31am Dec 24, 2020 5:31am
Quoting Pat Chiko
Looking forward for your trading method approach and trade. It will be nice to hear your thought process in making those trades. What is important to see quality traders to make errors in setups and correct them! If you already have a method that you are confident in and makes you money is handy for when you get down and depressed on other methods and techniques you are learning. Seriously! I can learn something too and consider perfecting the trading method you are being successful with. Subscribe and good luck
Hi Thanks for sharing your thoughts and idea. good thing i share you the same thoughts actually i have been working on it as well. and finally i found a strategy or more than a strategy which contains the follow description.

signal to open the trade
signal to confirm before or after opening
signal to determine trend continuation.

but unfortunately im not a developer or coder to code it i tried to hire so many different coders from some freelance websites but all made me broke with useless coding skills. looking forward to hear from you.

Regards AdeelFx
Unique but not perfect, yet free from mental slavery.
  • #138
  • Dec 24, 2020 7:50am Dec 24, 2020 7:50am
I have a indicator based on vp MM if you would like i can post here
MTN
  • #139
  • Dec 25, 2020 2:32pm Dec 25, 2020 2:32pm
Quoting AdeelFx.
{quote} Hi Thanks for sharing your thoughts and idea. good thing i share you the same thoughts actually i have been working on it as well. and finally i found a strategy or more than a strategy which contains the follow description. signal to open the trade signal to confirm before or after opening signal to determine trend continuation. but unfortunately im not a developer or coder to code it i tried to hire so many different coders from some freelance websites but all made me broke with useless coding skills. looking forward to hear from you....
How complicated is the system mate? Have you looked at fxdreema. It’s a really simple was to create and EA. You don’t need any coding skills. You can play and build for free but you do need to pay a small fee if you want to download it. I’m happy to help you out with that if you have any questions.
Trade what you see, not what you think
  • #140
  • Dec 25, 2020 2:33pm Dec 25, 2020 2:33pm
Quoting Marcelomtn
I have a indicator based on vp MM if you would like i can post here
Sounds good! Always happy to see what everyone has come up with.
Trade what you see, not what you think
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