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Getting Naked with UncleForex

  • #1
  • First Post: Mar 20, 2008 6:44am Mar 20, 2008 6:44am
Hi Guys,

This is basically my journal where I can keep you guys update on my trading ideas, positions and trading results.

Let me start off by posting my results this week. I will try to explain why I took a certain trade but sometimes I'm quite busy to do so. So please check out my journal often.

Cheers!
  • #2
  • Mar 20, 2008 7:17am Mar 20, 2008 7:17am
Date: 14/3/2008 (Closed @ 2.0040 for +262pips)
GBP/USD SHORT @ 2.0302
TP: 2.0002 (minimum target), 1.9602 (max target)
SL: 2.0405


Date: 17/3/2008 (Closed @ 0.8067 for +63pips)
NZD/USD SHORT @ 0.8130
TP: 0.7850 (minimum target), 0.7580 (max target)
SL: 0.8210


Date: 17/3/2008 (Closed @ 0.9242 for +138pips)
AUD/USD SHORT @ 0.9380
TP: 0.9200 (minimum target), 0.8805 (max target)
SL: 0.9440

Total pips for this 3 trades = +463 pips
  • #3
  • Mar 23, 2008 5:42am Mar 23, 2008 5:42am
* Date: 19/3/2008 (Closed @ 0.8019 for +111pips)
* NZD/USD SHORT @ 0.8130
* TP: 0.7980 (minimum target), 0.7680 (max target)
* SL: 0.8180


* Date: 19/3/2008 (Closed @ 99.17 for +17pips)
* USD/JPY LONG @ 99.00
* TP: 100.50 (minimum target), 102.20(max target)
* SL: 98.20
* Trailing Stop 55pips.


Total Pips = +128 pips
  • #4
  • Mar 23, 2008 5:44am Mar 23, 2008 5:44am
* Date: 19/3/2008 (CLOSED @ 1.5470 for +245pips)
* EUR/USD SHORT @ 1.5715
* TP: 1.5515 (minimum target), 1.5315 (max target)
* SL: 1.5762


* Date: 19/3/2008 (CLOSED @ 1.0143 for +193pips)
* USD/CHF LONG @ 0.9950
* TP: 1.0180 (minimum target), 1.0480(max target)
* SL: 0.9880


* Date: 19/3/2008 (Closed @ 0.9079 for +221pips)
* AUD/USD SHORT @ 0.9300
* TP: 0.9120 (minimum target), 0.8920 (max target)
* SL: 0.9360
  • #5
  • Mar 23, 2008 5:45am Mar 23, 2008 5:45am
* Date: 19/3/2008 (Closed @ 100.07 for +87pips)
* USD/JPY LONG @ 99.20
* TP: 100.50 (minimum target), 102.20(max target)
* SL: 98.20


Best performance so far, 4 trades yielding +746pips in less than 2 days.


After tweaking the system, losses have been kept to a minimum and profits have been extended to the maximum.
  • #6
  • Mar 23, 2008 5:48am Mar 23, 2008 5:48am
* Date: 20/3/2008 (Closed @ 152.50 for +200pips)
* EUR/JPY SHORT@ 154.50
* TP: 152.50 (minimum target), 150.50 (max target)
* SL: 155.18


* Date: 20/3/2008 (Closed @ 0.7875 for +100pips)
* NZD/USD SHORT @ 0.7975
* TP: 0.7875 (minimum target), 0.7575 (max target)
* SL: 0.8040


Total Pips for 2 trades = +300pips.
  • #7
  • Mar 23, 2008 5:49am Mar 23, 2008 5:49am
This week’s 24 trades managed to generate 19 profit trades and 5 losses resulting in a total of +2168pips!!!

 I'm are hoping to continue this great run next week. Cheers!


PS: Some trades are not posted here. Please check out my personal blog for full details.
  • #8
  • Mar 25, 2008 9:44am Mar 25, 2008 9:44am
* Date: 20/3/2008 (HIT SL -65pips)
* USD/JPY SHORT @ 99.25
* TP: 98.25 (minimum target), 97.25(max target)
* SL: 99.90


* Date: 20/3/2008 (HIT SL -80pips)
* GBP/USD LONG @ 1.9850
* TP: 2.0010 (minimum target), 2.0150 (max target)
* SL: 1.9770


* Date: 24/3/2008 (HIT SL -65pips)
* EUR/CAD SHORT @ 1.5825
* TP: 1.5550 (minimum target), 1.5200 (max target)
* SL: 1.5890
  • #9
  • Mar 25, 2008 9:45am Mar 25, 2008 9:45am
* Date: 24/3/2008 (HIT SL -50pips)
* EUR/GBP SHORT @ 0.7770
* TP: 0.7670(minimum target), 0.7570 (max target)
* SL: 0.7820


* Date: 24/3/2008 (Closed @ 1.9940 for +160pips)
* GBP/USD LONG @ 1.9780
* TP: 1.9960 (minimum target), 2.0130 (max target)
* SL: 1.9730


* Date: 24/3/2008 (Closed @ 0.8000 for +40pips)
* NZD/USD LONG @ 0.7960
* TP: 0.8080 (minimum target), 0.8180 (max target)
* SL: 0.7900


6 Trades, 2 Profitable ones and 4 lost trades.
Total Return = -60pips.
  • #10
  • Mar 26, 2008 1:33am Mar 26, 2008 1:33am
* Date: 20/3/2008 (HIT SL -65pips)
* USD/JPY SHORT @ 99.25
* TP: 98.25 (minimum target), 97.25(max target)
* SL: 99.90


* Date: 20/3/2008 (HIT SL -80pips)
* GBP/USD LONG @ 1.9850
* TP: 2.0010 (minimum target), 2.0150 (max target)
* SL: 1.9770


* Date: 24/3/2008 (HIT SL -65pips)
* EUR/CAD SHORT @ 1.5825
* TP: 1.5550 (minimum target), 1.5200 (max target)
* SL: 1.5890
  • #11
  • Mar 26, 2008 1:34am Mar 26, 2008 1:34am
* Date: 24/3/2008 (HIT SL -50pips)
* EUR/GBP SHORT @ 0.7770
* TP: 0.7670(minimum target), 0.7570 (max target)
* SL: 0.7820


* Date: 24/3/2008 (Closed @ 1.9940 for +160pips)
* GBP/USD LONG @ 1.9780
* TP: 1.9960 (minimum target), 2.0130 (max target)
* SL: 1.9730


* Date: 24/3/2008 (Closed @ 0.8000 for +40pips)
* NZD/USD LONG @ 0.7960
* TP: 0.8080 (minimum target), 0.8180 (max target)
* SL: 0.7900


6 Trades, 2 Profitable ones and 4 lost trades.
Total Return = -60pips.
  • #12
  • Mar 26, 2008 3:12am Mar 26, 2008 3:12am
Quoting uncleforex
* Date: 24/3/2008 (HIT SL -50pips)
* EUR/GBP SHORT @ 0.7770
* TP: 0.7670(minimum target), 0.7570 (max target)
* SL: 0.7820


* Date: 24/3/2008 (Closed @ 1.9940 for +160pips)
* GBP/USD LONG @ 1.9780
* TP: 1.9960 (minimum target), 2.0130 (max target)
* SL: 1.9730


* Date: 24/3/2008 (Closed @ 0.8000 for +40pips)
* NZD/USD LONG @ 0.7960
* TP: 0.8080 (minimum target), 0.8180 (max target)
* SL: 0.7900


6 Trades, 2 Profitable ones and 4 lost trades.
Total Return = -60pips.

whats the signal for today?
  • #13
  • Mar 26, 2008 11:45am Mar 26, 2008 11:45am
* Date: 20/3/2008 (Closed @ 2.0220 for +230pips)
* GBP/CHF LONG @ 1.9990
* TP: 2.0390 (minimum target), 2.0690 (max target)
* SL: 1.9860


* Date: 25/3/2008 (Closed @ 2.0220 for +50pips)
* GBP/CHF LONG @ 2.0170
* TP: 2.0390 (minimum target), 2.0690 (max target)
* SL: 2.0050


* Date: 25/3/2008 (HIT SL -80pips)
* EUR/AUD SHORT @ 1.7050
* TP: 1.6830 (minimum target), 1.6630 (max target)
* SL: 1.7130
  • #14
  • Mar 26, 2008 11:46am Mar 26, 2008 11:46am
* Date: 26/3/2008 (Hit First Target for +100pips)
* USD/JPY SHORT @ 100.25
* TP: 99.25 (minimum target), 98.25(max target)
* SL: 101.05


* Date: 26/3/2008 (HIT SL -55pips)
* EUR/GBP SHORT @ 0.7785
* TP: 0.7685 (minimum target), 0.7585 (max target)
* SL: 0.7840


* Date: 26/3/2008 (HIT SL -60pips)
* NZD/USD LONG @ 0.8075
* TP: 0.8175 (minimum target), 0.8275 (max target)
* SL: 0.8015

Total Pips = +185pips.
  • #15
  • Mar 26, 2008 11:48am Mar 26, 2008 11:48am
I didn't follow my system 100% this week.
Hence the accuracy of the trades are not up to my standards.
Kind of disappointed with the results.
Will trade better.
  • #16
  • Mar 26, 2008 11:48pm Mar 26, 2008 11:48pm
Anyway you can give us an idea of how you generate your signals
  • #17
  • Mar 27, 2008 12:31am Mar 27, 2008 12:31am
Quoting uncleforex
Hi Guys,

This is basically my journal where I can keep you guys update on my trading ideas, positions and trading results.

Let me start off by posting my results this week. I will try to explain why I took a certain trade but sometimes I'm quite busy to do so. So please check out my journal often.

Cheers!
Uncleforex, concrats you are showing good results so far are we able to gain insight into your trading ideas as well?
  • #18
  • Mar 27, 2008 5:29am Mar 27, 2008 5:29am
Basically I do not use any indicators. I just trade the charts naked.

Cheers.
  • #19
  • Mar 29, 2008 1:41pm Mar 29, 2008 1:41pm
* Date: 26/3/2008 (Closed @ 2.0140 for 80pips)
* GBP/USD LONG @ 2.0060
* TP: 2.0210 (minimum target), 2.0360 (max target)
* SL: 1.9960


* Date: 27/3/2008 (HIT SL -40pips)
* EUR/GBP SHORT @ 0.7855
* TP: 0.7775 (minimum target), 0.7675 (max target)
* SL: 0.7895


* Date: 27/3/2008 (HIT SL -180pips)
* GBP/JPY LONG @ 200.15
* TP: 202.65 (minimum target), 204.15 (max target)
* SL: 198.35


Total Returns for 3 signals = -140pips.
  • #20
  • Apr 1, 2008 1:30pm Apr 1, 2008 1:30pm
* Date: 27/3/2008 (Closed @ 158.75 for +160pips)
* EUR/JPY LONG @ 157.15
* TP: 159.15 (minimum target), 161.15 (max target)
* SL: 155.90


* Date: 27/3/2008 (HIT TP +150pips)
* USD/JPY LONG @ 99.70
* TP: 101.20(minimum target), 102.70 (max target)
* SL: 98.80


* Date: 27/3/2008 (HIT TP +250pips)
* GBP/JPY LONG @ 198.30
* TP: 200.80 (minimum target), 202.80 (max target)
* SL: 196.80


Great Yen Pairs!
3 Trades giving a return of +560pips!
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