I'm a disciplined trader and that's the only way I trade.
Dukascopy Live Account - Don't Post if you haven't traded live with them! 117 replies
My Live Trades on my Live Account 588 replies
go live or bust ... diary of an fx live-trader-wannabe 1,621 replies
Trade 2 live accounts - one with full balance, 2nd as a live test? 0 replies
Oanda 10$ live acc quick-start guide (for newbie to trade live safe) 13 replies
DislikedYup,
Been waiting for that breakout for over a week - am positive at the moment but with my system stop losses will still be in the negative tonight, so I need another day in this direction to lock in some pips.
Kind Regards
SteveIgnored
DislikedUSDJPY short from 121.61 (s/l 121.85 guarantees minus 24 pips)
Difficult one to call as we had a doji bar (indecision) today on UJ - price has failed at 121.75/80 two days running so the more sensible trade to take is the short with a lower risk.
Kind Regards
SteveIgnored
DislikedI'm with you on this one Steve... Stochastics is also showing overbought so who knows. Keeping fingers crossed.
D.Ignored
DislikedWell, my GBPUSD was stopped out this morning for a gain of plus 300 pips which I'll take anyday
Other trades are up just over 100 pips at the moment so all is well.
Total pips for Jan 07: plus 861 pips
Cumulative since Nov 06: plus 2193 pips
Kind Regards
SteveIgnored
DislikedOK, just been stopped out of my USDCAD long for minus 46 pips. Will re-enter both USDCAD & GBPUSD later.
Total pips Jan 07: plus 815 pips
Cumulative since Noc 06: plus 2147 pips
Kind Regards
SteveIgnored
DislikedLet's say after a year usd/cad is only up 20 pips or even down 20 pips. Think you would say this pair isn't right for your method and remove it?Ignored
DislikedNice trades, I come daily to keep up with your take on the GBP/USD.
I do not trade any other currencies, but I have seen the positions you have taken on the Cable, and they have been very accurate.
Good Trading to you.
MonarchIgnored
DislikedYou may well be right. I've said I'll test for the whole year and that's what I'll do. It may be that the next nine months UCAD becomes my most successful pair - it's too short a timeframe to consider yet.
When I backtested I made pips on it as with the others but they all had periods where it was tricky. I'll judge after the 12 months and if I need to, may substitute it for EURJPY. All pairs seem to work pretty well overall but I like the tighter spreads which is why I've always avoided pairs like GBPJPY & EURAUD so far in this.
Kind Regards
SteveIgnored
DislikedYou may well be right. I've said I'll test for the whole year and that's what I'll do. It may be that the next nine months UCAD becomes my most successful pair - it's too short a timeframe to consider yet.
When I backtested I made pips on it as with the others but they all had periods where it was tricky. I'll judge after the 12 months and if I need to, may substitute it for EURJPY. All pairs seem to work pretty well overall but I like the tighter spreads which is why I've always avoided pairs like GBPJPY & EURAUD so far in this.
Kind Regards
SteveIgnored
DislikedI see you becoming very successful at this Steviet. You obviously have the right attitude and discipline (I'm still working on mine ) - Good Luck in your endeavours!
D.Ignored
DislikedDear Steve
First of all, i would like to congratulate on your system. I see that you have already taken the first step in your journey to success.
I am also in middle of starting my own journey soon.
I have a question to better understand your system. I went through all your threads, if it has been answer, then i am sorry to ask again...
I know you are using two indicators ( for decorations and making your chart look pretty ).....
Lets says at start of new days , how do you determine whether to go short or long on particular currency. ( if i am not mistaken your just look at candle sticks formation - correct me if i am wrong ). If thats is the case, can you please post some charts with example what make you go short or long in particular currency.
Sorry for my english....
Thanks....Ignored
DislikedHey stranger ,
I haven't tried my method on any other pairs apart from the 5 I trade, however I do know people who trade their version on other pairs - let me know how you get on
Kind Regards
SteveIgnored
DislikedI traded yesterday GBPJPY. A nce bearish candle looked promising to continue the downward trend.. Entered at the market around 8pm EST and by 1 am it reached 115 pips. At that point it was touching the 38.2 fibo and was not too far from the Vegas pivot. In order to avoid an Ambien overdose I closed at the market with 110 pips in the pocket and had a well deserved drink of Stoli.
This morning the pair decided to climb back about 150 pips. Anybody can enlighten me what happened? Or not happened? Or whatever?
Thanks...Ignored