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Simplicity is the Key

  • #1,681
  • Nov 16, 2007 10:29am Nov 16, 2007 10:29am
WEEKLY SUMMARY OF TRADES (Nov 12-16)
Trade #1 Closed Gain +225 pips
Trade #2 Closed Loss -3
Trade #3 Closed Gain +58
Trade #4 Closed Gain +70
Trade #5 Closed Gain +66
Trade #6 Closed Gain +43
Trade #7 Closed Gain +19
Trade #8 Closed Gain +3
Trade #9 Closed Gain +20
Trade#10Closed Gain +7
Trade#11Closed Gain +32
------------------------------
NET P/L FOR THE WEEK + 540
------------------------------
Agood start for my trading. I am Hoping to make more pips by next week when i could make a complete week. I will also continue to post my trades here 5 min before i make the trade so you can monitor it as well. If some of you can also demo the trades calls and perhaps we could all gain confidence in our trading and most of all make money out of it.
Have a nice weekend y'all.
  • #1,682
  • Nov 16, 2007 11:24am Nov 16, 2007 11:24am
I know im done for the week..
Just for the record the 3 Jpy pairs (GJ. EJ and UJ) are starting their LONG TREND now. I am tempted to trade these pairs but i have to control myself. Only a few hours left for trading so i said give it a rest, im sure there were be some left for Monday. But for those who are still trading I suggest you go LONG on those pairs now...
  • #1,683
  • Nov 16, 2007 11:30am Nov 16, 2007 11:30am
Man.. 3 more join the crowd...
EU and GU also started their LONG TREND..wow very tempting
UCAD also join its SHORT TREND..
Why do they have to start now, why cant they just start on Monday???
  • #1,684
  • Nov 16, 2007 6:53pm Nov 16, 2007 6:53pm
I will demo the trades with you, but I will only be trading mine from 6pm until I leave for work at 700am
  • #1,685
  • Nov 17, 2007 3:48am Nov 17, 2007 3:48am
Quoting bdfxonline
I will demo the trades with you, but I will only be trading mine from 6pm until I leave for work at 700am
Good Call...Sir
I am always hoping that signals come on those times so we can trade and sleep and wake up with a positive pips. Always make sure that you just keep your sl open. This is the part that many will disagree with me, I do not put any sl in my trade. Oh before i forget.. make sure to visit my thread this Sunday at the opening, my broker open at 6:00 pm est. because i am looking at a possible gold mine right now...7 pairs were giving signals since Friday. Dont miss it.
  • #1,686
  • Nov 17, 2007 6:19am Nov 17, 2007 6:19am
Below are the trending pairs good for trading this Sunday 11-18-07. I am not sure how much pips you could generate from these pairs. Just to be in the conservative when you reach +30 check the 5 min chart for possible reversal if it goes against you then close your trade in profit. I list all the pairs available in my broker for you to select. Also,remeber that there maybe a gap jump when it open so i suggest wait till it stabilizes then put your trade.

BUYS(LONG)
1. EURUSD
2. GBPUSD
3. GBPJPY
4. EURJPY
5. USDJPY
6. AUDUSD
7. CHFJPY
8. GBPCHF
9. AUDJPY
SELL(SHORT)
1. USDCAD
2. EURGBP
3. EURAUD
4. EURCAD
5. AUDCAD

If your pair is not mentioned then it is still ranging or on the on-going trend and it is not abviseable to jump in. I hope this helps. Trade at your own risk.
  • #1,687
  • Nov 18, 2007 6:19am Nov 18, 2007 6:19am
I have to make some correction on the trending pairs: Sorry

BUYS(LONG)
1. EURUSD
2. GBPUSD
3. GBPJPY
4. EURJPY
5. USDJPY
6. AUDUSD
7. CHFJPY
8. AUDJPY
SELL(SHORT)
1. USDCAD
2. EURGBP
3. EURCAD
4. AUDCAD
  • #1,688
  • Nov 18, 2007 3:20pm Nov 18, 2007 3:20pm
Hello folks,
I will make a correction to my traded pairs, starting this week i will include two more pairs to the ten that i trading always they are:
1) AUDJPY
2) EURCAD
After a careful checking of my money management, i have decided that i have some extra margin to use on this two pairs. Also i am fascinated by the volatility of these pairs daily average being over 200 pips.

OK Folks, my broker start at 5:00 EST that is 40 min from now. My target for this week is set between 1,000 - 2000 pips. I always put a higher target to make me push myself a little further. It will be tough because of the Thanksgiving holiday here in the US . I wish luck to all of us.
  • #1,689
  • Nov 18, 2007 3:46pm Nov 18, 2007 3:46pm
My first trades for the week 11-18 to 23
1) Buy EurUsd @MP
2) Buy GbpUsd @MP
3) Buy GbpJpy @MP
4) Buy EurJpy @MP
5) Buy UsdJpy @MP
6) Buy AudUsd @MP
7) Buy AudJpy @MP
8) Sell UsdCad @MP
9) Sell EurCad @MP
Find an approriate entry within the first few minutes.
Good Luck
  • #1,690
  • Nov 18, 2007 4:05pm Nov 18, 2007 4:05pm
Quoting trader101
My first trades for the week 11-18 to 23
1) Buy EurUsd @MP
2) Buy GbpUsd @MP
3) Buy GbpJpy @MP
4) Buy EurJpy @MP
5) Buy UsdJpy @MP
6) Buy AudUsd @MP
7) Buy AudJpy @MP
8) Sell UsdCad @MP
9) Sell EurCad @MP
Find an approriate entry within the first few minutes.
Good Luck
Welcome back Trader101!

My trading platform does not open for another hour so will it then be too late to place the above trades?
  • #1,691
  • Nov 18, 2007 4:07pm Nov 18, 2007 4:07pm
Quoting pipruler
Welcome back Trader101!

My trading platform does not open for another hour so will it then be too late to place the above trades?
Yeah my mistake too. I thought it was 5:00 it is 6:00 i am with interbank fx. We are trading 4hour TF we can never be late only we lost about 30 pips.
  • #1,692
  • Nov 18, 2007 4:11pm Nov 18, 2007 4:11pm
I take it we don't use a stop loss but do you set anything for profit taking or do we just let her run until you tell us to close the position?
  • #1,693
  • Nov 18, 2007 4:13pm Nov 18, 2007 4:13pm
OK just to give you an idea. This trades may dip... very very dip but it will not (ithink) hit my 400 pips allowance for dip. These trades are not like we get 30 pips in 30 minutes then runaway... no...no..no... this is long term perhaps 20 hours minimum. expected pip harvest to be over 100 each pair. This week trading, I will completely exhaust the trend then close and trade reverse. Hope you understand . Thanks
  • #1,694
  • Nov 18, 2007 4:14pm Nov 18, 2007 4:14pm
Welcome back Trader 101, surely missed, Looking forward to the target
  • #1,695
  • Nov 18, 2007 4:14pm Nov 18, 2007 4:14pm
Quoting jimis
Welcome back Trader 101, surely missed, Looking forward to the target
Nice to hear from you, bro..Is everything OK???

If my target pips for this week is over 1,000 pips i need at least 200 pips from each pair
  • #1,696
  • Nov 18, 2007 4:18pm Nov 18, 2007 4:18pm
Quoting trader101
OK just to give you an idea. This trades may dip... very very dip but it will not (ithink) hit my 400 pips allowance for dip. These trades are not like we get 30 pips in 30 minutes then runaway... no...no..no... this is long term perhaps 20 hours minimum. expected pip harvest to be over 100 each pair. This week trading, I will completely exhaust the trend then close and trade reverse. Hope you understand . Thanks
Ok, I understand. Thanks.
  • #1,697
  • Nov 18, 2007 4:20pm Nov 18, 2007 4:20pm
I know right now that I am already losing 100 pips each pair since these pair have been trending since last Friday, remember i was clamoring last Friday and now i know they move up already as i am looking at NF platform.
  • #1,698
  • Nov 18, 2007 4:21pm Nov 18, 2007 4:21pm
Yeah I'm OK, missed your valuable contributions though
  • #1,699
  • Nov 18, 2007 5:03pm Nov 18, 2007 5:03pm
My first trades for the week 11-18 to 23
1) Buy EurUsd @ 1.4670
2) Buy GbpUsd @ 2.0538
3) Buy GbpJpy @ 227.61
4) Buy EurJpy @ 162.58
5) Buy UsdJpy @ 110.83
6) Buy AudUsd @ 0.8945
7) Buy AudJpy @ 99.13
8) Sell UsdCad @ 0.9749
9) Sell EurCad @ 1.4300
Ill See you later, folks
  • #1,700
  • Nov 18, 2007 5:10pm Nov 18, 2007 5:10pm
I will be checking this thread at 7:00PM, 11:00PM 3:00AM 7:00Am 11:00am and so on. all times in EST. Those are the times that i update and analyze the trade either to go on or exit. Normally 30 min before the mentioned time i start the rechecking.
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