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Reverse The Trend My Friend

  • #61
  • Jul 21, 2007 8:03am Jul 21, 2007 8:03am
Quoting mdcarlson144
What a crazy market as of late... I was stopped out on my cable/usd trade a few days ago with an 800 pip loss and I just got out of my usd/jpy trade this morning at 121.05 for a 390 pip gain. I have decided to trade shorter time frames and go for smaller profits because of the high degree of turmoil that it present in the world economy, and in my estimation, will only get worse. Fundamentals just aren't working they way they used to... or their are too many variable now to consider. In my estimation, by trading shorter time frames, I should be more successful just trading the technicals... we shall see.

Pips earned YTD: 2968
Dude, I am going to go the other way, with longer term trading and not counter-trend trading. have just missed a great long trade becos i was trying to be too smart on a countertrensd. got some of the long trade but not as much as I could have. thought I was smarter than everyone else. Dum
  • #62
  • Jul 22, 2007 9:54pm Jul 22, 2007 9:54pm
Going short usd/cad 5 lots @ 1.0465 for a tp of 30 pips without a stop loss... I know, this is with the current long term trend but you take a position either way if it looks like a winner!
  • #63
  • Jul 23, 2007 10:23am Jul 23, 2007 10:23am
Quoting mdcarlson144
Going short usd/cad 5 lots @ 1.0465 for a tp of 30 pips without a stop loss... I know, this is with the current long term trend but you take a position either way if it looks like a winner!
Picked up 180 pips while I was sleeping last night... thank you CCI!

Pips earned YTD: 3148
  • #64
  • Jul 24, 2007 9:21pm Jul 24, 2007 9:21pm
Quoting mdcarlson144
Picked up 180 pips while I was sleeping last night... thank you CCI!

Pips earned YTD: 3148
So I can't multiply... that would be 150 pips...

Pips earned YTD: 3118
  • #65
  • Jul 26, 2007 6:48pm Jul 26, 2007 6:48pm
buy entry stop cable 2 lots @ 2.0563 with tp of 20 pips
buy entry stop euro 4 lots @ 1.3775 with tp of 20 pips
sell entry stop swissy 2 lots @ 1.2019 with tp of 20 pips
  • #66
  • Jul 27, 2007 9:49am Jul 27, 2007 9:49am
Quoting mdcarlson144
buy entry stop cable 2 lots @ 2.0563 with tp of 20 pips
buy entry stop euro 4 lots @ 1.3775 with tp of 20 pips
sell entry stop swissy 2 lots @ 1.2019 with tp of 20 pips
cancelled orders...
  • #67
  • Last Post: Jul 29, 2007 4:04pm Jul 29, 2007 4:04pm
Going short eur/gbp 8 lots @ 0.6731 w/o a sl...
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