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Diary of a Mad Surfer

  • #21
  • Jan 6, 2008 6:47pm Jan 6, 2008 6:47pm
Quoting JodyOng
Yeap me too, you don't by any chance teach surfing as well do you? Hahaha.
Name a beach, grab a board and I'll bring the cocktails
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  • #22
  • Jan 7, 2008 10:35am Jan 7, 2008 10:35am
Here is the AUSUSD 4hr.. the 8 crossed the 100 and the 13 is right behind it plus it took out the lows from the consolidation. also 8 is crossing the 13 on the daily. All signs point south. look for support around 8570 which are the last major lows and also the 200ema on the daily.
Attached Image (click to enlarge)
Click to Enlarge Name: charts.gif Size: 21 KB
Just Trade It
  • #23
  • Jan 7, 2008 10:48am Jan 7, 2008 10:48am
LOL! I'm short AUDUSD now.
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  • #24
  • Jan 7, 2008 11:04am Jan 7, 2008 11:04am
Quoting JodyOng
LOL! I'm short AUDUSD now.

The price bounced up as soon as I went short Hasnt hit my stop loss yet. Give it some time and it should go back down
Just Trade It
  • #25
  • Jan 7, 2008 11:16am Jan 7, 2008 11:16am
You know what? I was stopped out the first time I entered as well. And yea, my TP is quite far for this pair.
  • #26
  • Jan 7, 2008 1:45pm Jan 7, 2008 1:45pm
i am short on AUDUSD also. like the system BWR, i set up some charts with it to supplement my trading.
  • #27
  • Jan 8, 2008 2:12am Jan 8, 2008 2:12am
Quoting natejax
i am short on AUDUSD also. like the system BWR, i set up some charts with it to supplement my trading.

Then we both got screwed, still holding at -84 pips I'll wait for a retracement to get rid of this one,(or it may just come back down) Rangy markets always produce false signals
Just Trade It
  • #28
  • Jan 8, 2008 2:35am Jan 8, 2008 2:35am
got out a 70 pips loss. Holding an extremely interesting position now, short EURUSD. The chart looks great, and prices have been unable to breach resistance at 1.4760 so far after so many tries.
  • #29
  • Jan 8, 2008 2:44am Jan 8, 2008 2:44am
Quoting JodyOng
got out a 70 pips loss. Holding an extremely interesting position now, short EURUSD. The chart looks great, and prices have been unable to breach resistance at 1.4760 so far after so many tries.
I'll wait before I short that pair.
Just Trade It
  • #30
  • Jan 8, 2008 12:10pm Jan 8, 2008 12:10pm
indeed. lol. i got stoped out at -100 pips.
  • #31
  • Jan 8, 2008 12:25pm Jan 8, 2008 12:25pm
Quoting natejax
indeed. lol. i got stoped out at -100 pips.
When you look at the daily you can see there is no real direction except that it's moving to the right. The best way to trade this is to not trade it and wait for a clear direction, however I have a goal to make and the deadline is coming soon so I am long @ 87.99

AUSUSD 1hr
Attached Image (click to enlarge)
Click to Enlarge Name: charts.gif Size: 19 KB
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  • #32
  • Jan 8, 2008 12:31pm Jan 8, 2008 12:31pm
Here is the AUSUSD daily, Bad news is three MA's are making love to each other meaning its going nowhere. Good news is when this happens a good few hundred to a few thousand pip break out is due. Which direction? I'll tell you later.
Attached Image (click to enlarge)
Click to Enlarge Name: charts.gif Size: 20 KB
Just Trade It
  • #33
  • Jan 8, 2008 2:18pm Jan 8, 2008 2:18pm
Quoting Big Wave Rider
When you look at the daily you can see there is no real direction except that it's moving to the right. The best way to trade this is to not trade it and wait for a clear direction, however I have a goal to make and the deadline is coming soon so I am long @ 87.99

AUSUSD 1hr
I'm out with 10 pips profit, will remain out until all of this sideways movement is finished.
Just Trade It
  • #34
  • Jan 9, 2008 3:56am Jan 9, 2008 3:56am
USCAD 4hr stuck between two fibos
Attached Image (click to enlarge)
Click to Enlarge Name: charts.gif Size: 21 KB
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  • #35
  • Jan 9, 2008 4:01am Jan 9, 2008 4:01am
AJ 1hr, stuck between two EMA's. the best way to trade this is to NOT trade.
Attached Image (click to enlarge)
Click to Enlarge Name: charts.gif Size: 19 KB
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  • #36
  • Jan 9, 2008 2:06pm Jan 9, 2008 2:06pm
I started trading this system today on the GBP/USD and GBP/JPY, so far all is well and I am in profit. Just one question do you move your SL or do you leave it at the same place all the time?

Thanks for sharing your trading method.
  • #37
  • Jan 9, 2008 6:01pm Jan 9, 2008 6:01pm
Quoting Dexter
I started trading this system today on the GBP/USD and GBP/JPY, so far all is well and I am in profit. Just one question do you move your SL or do you leave it at the same place all the time?

Thanks for sharing your trading method.

I move it up when I am in profit. Depending on the time frame and pair it's normally around 50 to 100 pips below the price, no less than 50 because you can get knocked out by noise. but once I am at least 150 pips in positive then I normally have it trail by 100 pips but monitor my positions manually.
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  • #38
  • Jan 10, 2008 5:16am Jan 10, 2008 5:16am
Looks like a good short setup on the Euro daily. What do you think?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd daily.gif Size: 23 KB
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  • #39
  • Jan 10, 2008 5:33am Jan 10, 2008 5:33am
Quoting Ash
Looks like a good short setup on the Euro daily. What do you think?

Looks like a H&S on the 4hr. I had an order triggerd last night @ 1.4666
looks like I should come into profit soon.
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  • #40
  • Jan 10, 2008 5:48am Jan 10, 2008 5:48am
Quoting Big Wave Rider
Looks like a H&S on the 4hr. I had an order triggerd last night @ 1.4666
looks like I should come into profit soon.
Thanks!
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