A further new trade...
USDCHF short from 1.2439 (s/l 1.2481)
Kind Regards
Steve
USDCHF short from 1.2439 (s/l 1.2481)
Kind Regards
Steve
- #2,002
- Jun 14, 2007 6:38am Jun 14, 2007 6:38am
- Joined Jun 2006 | Status: Trader | 2,512 Posts
Ok, just closed down the following positions....
EURAUD long from 1.5827 plus 65 pips
EURUSD long from 1.3304 plus 2 pips
USDCHF short from 1.2439 plus 2 pips
My EURCAD long from 1.4210 is currently minus 14 pips
Day total so far +69 pips
June total +604 pips
Kind Regards
Steve
EURAUD long from 1.5827 plus 65 pips
EURUSD long from 1.3304 plus 2 pips
USDCHF short from 1.2439 plus 2 pips
My EURCAD long from 1.4210 is currently minus 14 pips
Day total so far +69 pips
June total +604 pips
Kind Regards
Steve
- #2,004
- Jun 14, 2007 12:01pm Jun 14, 2007 12:01pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
Hi,
I don't actually use any indicators really but that's not to say that some people find them very useful as confirmation. It sounds like you're only using a couple which i good - any more than 4 or 5 and your chart starts looking like a Christmas Tree
I'm sure you know this but stochs tend to be OK in a range but when a strong trend takes place it can look overbought or oversold for hundreds of pips, especially on the higher timeframes.
I'm in a similar position with EURCAD - opened two days ago and currently plus 6 pips lol
Kind Regards
Steve
I don't actually use any indicators really but that's not to say that some people find them very useful as confirmation. It sounds like you're only using a couple which i good - any more than 4 or 5 and your chart starts looking like a Christmas Tree
I'm sure you know this but stochs tend to be OK in a range but when a strong trend takes place it can look overbought or oversold for hundreds of pips, especially on the higher timeframes.
I'm in a similar position with EURCAD - opened two days ago and currently plus 6 pips lol
Kind Regards
Steve
hey steviet, im using stochastic to see if its overbought or oversold and
34 ema to see the ranges, are you using similar indicators? been following your post tried to read 7 months back but it was too long so i just read the first two months then jumped to june. thanks for the info. trading the a/u and u/cad at the moment but the u/cad seems to be very stubborn. this is just on a demo account though.
regards
- #2,005
- Jun 14, 2007 12:04pm Jun 14, 2007 12:04pm
Ok, just closed down the following positions....
EURAUD long from 1.5827 plus 65 pips
EURUSD long from 1.3304 plus 2 pips
USDCHF short from 1.2439 plus 2 pips
My EURCAD long from 1.4210 is currently minus 14 pips
Day total so far +69 pips
June total +604 pips
Kind Regards
Steve
Steviet.
Why did you close the long EUR/USD position?
Thanks.
Kiran.
- #2,006
- Jun 14, 2007 12:10pm Jun 14, 2007 12:10pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
Steviet.
Why did you close the long EUR/USD position?
Thanks.
Kiran.
No particular reason - it'll probably shoot up from now lol. Just popped home at lunchtime and with a lot of US news between then and me getting home from work I just felt like grabbing a few pips whilst they were on the table to be had.
The EURAUD has also gone up a further 40 or 50 pips but you can't have it all!
Even the EURCAD trade is currently just in profit so may close that too in the next hour or so and call it a day. It's been a good month so far so it's very important not to become complacent.
Kind Regards
Steve
- #2,008
- Jun 14, 2007 12:57pm Jun 14, 2007 12:57pm
- | Commercial User | Joined Aug 2006 | 12,004 Posts
steve keep killin it bro 
- #2,009
- Jun 14, 2007 1:03pm Jun 14, 2007 1:03pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
steve keep killin it bro
- #2,010
- Jun 14, 2007 1:05pm Jun 14, 2007 1:05pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
Right, final trade closed....
EURCAD long from 1.4210 for plus 7 pips
June total: +611
Not sure if I'll be opening any new trades this evening unless I see a particularly good set up. I'm not liking Fridays recently.
Kind Regards
Steve
EURCAD long from 1.4210 for plus 7 pips
June total: +611
Not sure if I'll be opening any new trades this evening unless I see a particularly good set up. I'm not liking Fridays recently.
Kind Regards
Steve
- #2,011
- Jun 14, 2007 1:22pm Jun 14, 2007 1:22pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
Right, final trade closed....
EURCAD long from 1.4210 for plus 7 pips
June total: +611
Not sure if I'll be opening any new trades this evening unless I see a particularly good set up. I'm not liking Fridays recently.
Kind Regards
Steve
What do you experts think?
Kind Regards
Steve
- #2,012
- Jun 14, 2007 1:35pm Jun 14, 2007 1:35pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
This may be a big mistake but just couldn't help myself lol....
GBPCHF short from 2.4554 (s/l 2.4612) - total risk 58 pips
Kind Regards
Steve
- #2,014
- Jun 15, 2007 3:53pm Jun 15, 2007 3:53pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
OK, GBPCHF closed for the weekend - may well be opening this one again on Sunday....
GBPCHF short from 2.4554 closed at 2.4533 for plus 21 pips
What I have noticed is that I'm tending to close these trades a little early in some cases, however my win % for June is around the 75% mark.
June pips: +632
Have a great weekend all!
Kind Regards
Steve
GBPCHF short from 2.4554 closed at 2.4533 for plus 21 pips
What I have noticed is that I'm tending to close these trades a little early in some cases, however my win % for June is around the 75% mark.
June pips: +632
Have a great weekend all!
Kind Regards
Steve
- #2,016
- Jun 16, 2007 1:49am Jun 16, 2007 1:49am
- Joined Jun 2006 | Status: Trader | 2,512 Posts
Stev
I see the total of your pips that is stated on"June =+600 ++". Are they your gains just for June or are they the gains from the beginning of your trade (from nov 2006)
I ask this cause i am confused about your pips gaining total June =+600 , i am assuming that it is just your profit for this month, excluded from what u get for this months (from november)
These are the totals just for this month
Kind Regards
Steve
Hi Stevie,
Compliments on the journal buddy. I have been following this puppy from the get-go. Thats me lurking in the deep.Its good to see the development and discipline you have shown. It looks as though you are pulling through the rough patch and starting to rip the pips again, good for you champ. Hope things continue.
Anyway, keep up the fine work.
Have a good weekend.
Cheers
SK
Compliments on the journal buddy. I have been following this puppy from the get-go. Thats me lurking in the deep.Its good to see the development and discipline you have shown. It looks as though you are pulling through the rough patch and starting to rip the pips again, good for you champ. Hope things continue.
Anyway, keep up the fine work.
Have a good weekend.
Cheers
SK
- #2,019
- Jun 16, 2007 10:20am Jun 16, 2007 10:20am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Sup Steve,
I just read everything I had missed since last time I read your journal. It's great to see you still trading with discipline and making a lot of green pips. keep up the great work bro and good luck, will be following your journal on a daily basis again
Good luck,
I just read everything I had missed since last time I read your journal. It's great to see you still trading with discipline and making a lot of green pips. keep up the great work bro and good luck, will be following your journal on a daily basis again
Good luck,
Trade what you see, not what you think.
