The FX Gods where on your side last night. 
I'm sure you will be sleeping in this weekend...
I'm sure you will be sleeping in this weekend...
- #2,321
- Aug 17, 2007 8:56am Aug 17, 2007 8:56am
- | Joined Jul 2006 | Status: Will take it all off for Pips! | 1,105 Posts
- #2,322
- Aug 17, 2007 9:39am Aug 17, 2007 9:39am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
LOL 42 trades?! scary stuff...
Keep pipping my friend, I see you lurking around some threads
Keep pipping my friend, I see you lurking around some threads
Trade what you see, not what you think.
- #2,323
- Aug 17, 2007 9:45am Aug 17, 2007 9:45am
- Joined Jun 2006 | Status: Trader | 2,512 Posts
The FX Gods where on your side last night.
I'm sure you will be sleeping in this weekend...
No rest for the wicked
Have a good one bro
Kind Regards
Steve
- #2,324
- Aug 17, 2007 9:52am Aug 17, 2007 9:52am
- Joined Jun 2006 | Status: Trader | 2,512 Posts
LOL 42 trades?! scary stuff...
Keep pipping my friend, I see you lurking around some threads
Sheesh, GJ turns in another 1000 pip range today - looks like sentiment may be changing on a few pairs as we go to the weekend - pin bars/hammers, whatever you like to call them are forming all over the place on the daily's.
Managed to sit on my hands all day and not trade - back to work proper on Monday so back to my normal routine and once a day set ups - much calmer lol.
Yeah, I keep an eye out for your posts my friend - you are truly becoming a great trader. Keep on keeping on - your discipline is to be much admired
The student has definitely become the teacher
Kind Regards
Steve
- pin bars/hammers, whatever you like to call them are forming all over the place on the daily's.
Kind Regards
Steve
Steve:
My daily charts for Euro/usd, GBP/USD and GBP/JPY
are showing "spin tops" at the bottom of the downward
movement from this past week. Not sure why the difference.
- #2,326
- Aug 18, 2007 6:38am Aug 18, 2007 6:38am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
'Twas a long long night lol. And to think in the early days I went on and on to you about patience & disclipline - a case of do what I say not what I do lol.
Sheesh, GJ turns in another 1000 pip range today - looks like sentiment may be changing on a few pairs as we go to the weekend - pin bars/hammers, whatever you like to call them are forming all over the place on the daily's.
Managed to sit on my hands all day and not trade - back to work proper on Monday so back to my normal routine and once a day set ups - much calmer lol.
Yeah, I keep an eye out for your posts my friend - you are truly becoming a great trader. Keep on keeping on - your discipline is to be much admired
The student has definitely become the teacher
Kind Regards
Steve
GJ is definitely scary to trade, but once you get a hold of it's movements, it's just fun trading it, especially when it wakes up and moves 1000 pips a day.
Just thinking about you opening a trade everytime it moves against you 30 pips, gives me chills because it can go mad and go 200-300 pips one way, and having 42 trades open, that's committing suicide. Don't let these small mistakes take over otherwise you'll blow up the account, I know you trade 1% (100 pips against you), and I know you know all this but sometimes we need someone to remind us
Patience & discipline are the keys to success
Good luck my friend,
Karmostaji
Trade what you see, not what you think.
- #2,327
- Aug 18, 2007 1:49pm Aug 18, 2007 1:49pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
The teacher will always remain as the teacher
GJ is definitely scary to trade, but once you get a hold of it's movements, it's just fun trading it, especially when it wakes up and moves 1000 pips a day.
Just thinking about you opening a trade everytime it moves against you 30 pips, gives me chills because it can go mad and go 200-300 pips one way, and having 42 trades open, that's committing suicide. Don't let these small mistakes take over otherwise you'll blow up the account, I know you trade 1% (100 pips against you), and I know you know all this but sometimes we need someone to remind us
Patience & discipline are the keys to success
Good luck my friend,
Karmostaji
LOL, I never had 42 trades open at once, not even close - that was the total number of trades I made during my night of madness.
Kris (Turbokaos) has severely reprimanded me and deservedly so hehe. I got away with it this time but I was lucky.
Anyway it's back to work proper in Monday so it's back to the daily charts, locking in profits and being patient again. A little less exciting but trading should be boring where you just take your set ups over & over again, letting your 'edge' do it's thing and rack up those pips.
Have a great week bro and many pips to you
Kind Regards
Steve
- #2,328
- Aug 19, 2007 2:23pm Aug 19, 2007 2:23pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
OK, I opened the following trades a little earlier.....
AUDJPY long from 90.99 (s/l 85.80, t/p 92.00)
AUDUSD long from 0.7969(s/l 0.7653, t/p 0.8160)
EURAUD short from 1.6921(s/l 1.7468, t/p 1.6639)
EURJPY long from 153.90(s/l 149.05, t/p 155.25)
GBPJPY long from 226.09 (s/l 219.13, t/p 228.80)
NZDUSD long from 0.6951(s/l 0.6625, t/p 0.7082)
USDJPY long from 114.14 (s/l 111.37, t/p 115.15)
Initial stop losses are massive but I believe the market will consolidate before possibly making new lows in the yen pairs. With the uncertainty still around I'll be keeping a close eye on these and if in profit may lock some in before I set off for work tomorrow.
Let's see...
Kind Regards
Steve
AUDJPY long from 90.99 (s/l 85.80, t/p 92.00)
AUDUSD long from 0.7969(s/l 0.7653, t/p 0.8160)
EURAUD short from 1.6921(s/l 1.7468, t/p 1.6639)
EURJPY long from 153.90(s/l 149.05, t/p 155.25)
GBPJPY long from 226.09 (s/l 219.13, t/p 228.80)
NZDUSD long from 0.6951(s/l 0.6625, t/p 0.7082)
USDJPY long from 114.14 (s/l 111.37, t/p 115.15)
Initial stop losses are massive but I believe the market will consolidate before possibly making new lows in the yen pairs. With the uncertainty still around I'll be keeping a close eye on these and if in profit may lock some in before I set off for work tomorrow.
Let's see...
Kind Regards
Steve
- #2,329
- Aug 19, 2007 2:48pm Aug 19, 2007 2:48pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
OK, within 30 mins of opening these trades I'm over 250 pips up and all 7 are in profit.
Therefore, I've brought stop losses to plus 10 on each trade so I guarantee 70 pips and essentially I now have 7 free trades - maybe a few will reach their targets, maybe not. Whatever, I'm up 70 pips for the week
Kind Regards
Steve
Therefore, I've brought stop losses to plus 10 on each trade so I guarantee 70 pips and essentially I now have 7 free trades - maybe a few will reach their targets, maybe not. Whatever, I'm up 70 pips for the week
Kind Regards
Steve
- #2,330
- Aug 19, 2007 2:59pm Aug 19, 2007 2:59pm
- | Joined Jul 2006 | Status: Will take it all off for Pips! | 1,105 Posts
OK, within 30 mins of opening these trades I'm over 250 pips up and all 7 are in profit.
Therefore, I've brought stop losses to plus 10 on each trade so I guarantee 70 pips and essentially I now have 7 free trades - maybe a few will reach their targets, maybe not. Whatever, I'm up 70 pips for the week
Kind Regards
Steve
Someone call the Queen!
I found a pip slayer that needs knighting
- #2,331
- Aug 19, 2007 3:09pm Aug 19, 2007 3:09pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
Someone call the Queen!
I found a pip slayer that needs knighting
AUDUSD already stopped out for plus 10 but a fair start in what is going to be another crazy week methinks.
Hmm, make that also EURJPY +10,
Aug total : +1442 pips
Kind Regards
Steve
- #2,334
- Aug 19, 2007 3:45pm Aug 19, 2007 3:45pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
EURAUD stopped out for plus 40 and NZDUSD stopped out for plus 10.
Aug total: +1502 pips (increase of 14.19% this month in ac bal)
Steve
Aug total: +1502 pips (increase of 14.19% this month in ac bal)
Steve
- #2,335
- Aug 19, 2007 3:58pm Aug 19, 2007 3:58pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
AUDJPY stopped out for plus 20 & USDJPY stopped out for plus 10.
Oh well, 110 pips and I'm now out until the daily bar closes Monday evening.
Aug total: +1532 pips
Kind Regards
Steve
Oh well, 110 pips and I'm now out until the daily bar closes Monday evening.
Aug total: +1532 pips
Kind Regards
Steve
- #2,336
- Aug 19, 2007 8:08pm Aug 19, 2007 8:08pm
- | Joined May 2006 | Status: Trade Towards the 5 ema | 2,881 Posts
- #2,337
- Aug 19, 2007 11:29pm Aug 19, 2007 11:29pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
Hey no fair sneaking pips before work !!!
After last week's madness I thought I'd grab some pips so I could get a good night's sleep. Looks like the yen trades could have been worth holding onto as they have nearly reached my original targets which would have been a cool few hundred pips. However, I'm happy with the start to the week & musn't be greedy lol.
Good to see you around my friend - I see you on the daily pin bar & james16 thread - that's a pretty good place to hang around
Kind Regards
Steve
- #2,338
- Aug 20, 2007 12:28am Aug 20, 2007 12:28am
- Joined Apr 2006 | Status: Mmmm pips. | 1,418 Posts
Cheers Karmo
LOL, I never had 42 trades open at once, not even close - that was the total number of trades I made during my night of madness.
Kris (Turbokaos) has severely reprimanded me and deservedly so hehe. I got away with it this time but I was lucky.
Anyway it's back to work proper in Monday so it's back to the daily charts, locking in profits and being patient again. A little less exciting but trading should be boring where you just take your set ups over & over again, letting your 'edge' do it's thing and rack up those pips.
Have a great week bro and many pips to you
Kind Regards
Steve
Mr. Trend
- #2,339
- Aug 20, 2007 4:23am Aug 20, 2007 4:23am
- Joined Jun 2006 | Status: Trader | 2,512 Posts
Nice trading my friend. But you also had a threatening 285lbs'er that was going to have to take you down as well...
Anyhow, back to my 7 trades I opened last night & closed for 110 pips profit.
Maybe I should have more faith in myself sometimes but those iniial stop losses were so huge...
Four would have now hit their target for 586 pips & the other three would still be open but over 150 pips to the good - cha-ching as bravado might say haha.
Well, I must be happy with what I made but also confirmation that my reading of the trades was pretty much spot on
Kind Regards
Steve