Just some food for thought...

Well I appreciate you taking the time to post all of that. I guess I will have to follow my trading rules to the letter and hope that the positive expectancy out weighs the negative drawdowns.

I guess I will just have to wait and see what happens once I go live with the $500 I sent in which only a portion of my trading capital. Right now I am feeling pretty confident that my wins will out weigh my losses. I guess I am just a glass half full kind of guy.

Thanks for your posts though very interesting stuff.

Just wanted to update here for anyone that I left hanging and was curious. I did go live this week with $500. So far I can't complain about the results.

The differences between my demo trading vs. live now is no different. I think I demo traded long enough to condition myself to take trades without hesitation and taking a loss if the trade reverses on me. It also helped knowing that my signals are going out to over 100 people so I treated every trade as if it was live. So now the only difference is it is actually live on my end.

I am hoping to be at $550 by Fri, but we will see. I just take it one trade at a time. We will see what happens tomorrow. After trading Monday I was at $522, but suffered some set backs on Tues. Currently the acct is at $518 after the losses yesterday and having 3 good trades today.

I am looking forward to tomorrow.

Hi, FtF. Welcome back.

I assume you're trading micro lots (.01)?

Thanks for welcoming back. Actually 1 mini lot per trade. Just doing one trade at a time.

ok, well keep us posted.

That's One Giant Leap for A Man.

Congrats & awe re best in yr future.

I appreciate that very much...thank you!

Well I didn't meet my weeks goal of finishing up at +$50 but I am still up 4% from the start of the week. So I am looking forward to next week. You can check everything out at the site.

I would update here too but doing it at 2 locations is sort of a pain. I update everyday at feelthefx. I hope everyone had a great week and has a great weekend.

Hi guys,

Quite a good sounding system you got here FeelTheFX. Makes a good sense to me. Congratulations. The mm issue I can't agree with though, sounds way too much risk, nothing is perfect and allowing a few loosers in a row to wipe your account clean sounds like a very dangerous way to trade to me, but when it doesn't go overboard (like 20% per trade) then of course it's just a personal issue. I will definetely backtest it at the least.

Thank you.

Hello Everyone!

Week of July 13-18 2008 brought us 154 pips this week. We had some ok 30m chart trades but we also had an outstanding run on the daily signals as well.

Unfortunately, my live acct didn't grow as fast because I had been demoing a scalping method I thought I had down pretty good. Well when I implemented it on my live acct it didn't go so well. So there is some fine tuning to do there or I just may scrap that idea all together. Those trades weren't broadcasted that was something I was just doing on my own since I wasn't getting a very definitive daily or 30m chart trade the last 2 days.

The daily signals will continue into next week as well as the 30m chart signals. Hopefully next week we can beat this week’s total. So as it stands now the live acct is at $553 up another 6 % this week. Be sure to update at the website I would love to hear how everyone is doing with their trading even if you aren’t trading my signals. Well we will see what next week brings us!

I hope everyone has a great weekend and I am looking forward to trading with you again next week!

Best Regards,
FeelTheFX

Trading week July 21-25, 2008. I decided just to do one update weekly because I am not getting much feedback here on the site so I don't guess that it is that big of a deal that I don't update that much. Here is this weeks results. You will notice some great gains and some minor losses. These are all the signal emails that went out this week:

(Orders Open: 1.) SELL NZDUSD at 0.7605 as of 2008.07.21 00:10 GMT SL:0.7704 TP:0.7504. Spread: 3 pips.
Order closed! Orders Open: 0. SELL NZDUSD closed at 0.7608 as of 2008.07.21 19:21 GMT. Loss: 3 pips.

(Orders Open: 2.) BUY EURUSD at 1.5878 as of 2008.07.21 15:57 GMT. Spread: 2 pips
Order closed! Orders Open: 1. BUY EURUSD closed at 1.5867 as of 2008.07.21 16:22 GMT. Loss: 11 pips.

(Orders Open: 1.) BUY CADJPY at 106.51 as of 2008.07.22 00:09 GMT. Spread: 7 pips.
Order closed! Orders Open: 0. BUY CADJPY closed at 106.39 as of 2008.07.23 00:04 GMT. Loss: 12 pips.

(Orders Open: 2.) SELL GBPUSD at 2.0018 as of 2008.07.22 12:46 GMT. Spread: 3 pips.
Order closed! Orders Open: 1. SELL GBPUSD closed at 2.0007 as of 2008.07.22 13:20 GMT. Profit: 11 pips.

(Orders Open: 1.) BUY GBPUSD at 1.9989 as of 2008.07.23 11:04 GMT. Spread: 3 pips
Order closed! Orders Open: 0. BUY GBPUSD closed at 1.9999 as of 2008.07.23 12:17 GMT. Profit: 10 pips.

Orders Open: 1.) SELL USDCAD at 1.0058 as of 2008.07.23 13:04 GMT. Spread: 3 pips.
Order closed! Orders Open: 0. SELL USDCAD closed at 1.0077 as of 2008.07.23 14:00 GMT. Loss: 19 pips.

(Orders Open: 1.) SELL CHFJPY at 103.86 as of 2008.07.24 00:08 GMT. Spread: 4 pips
Order closed! Orders Open: 0. SELL CHFJPY closed at 103.59 as of 2008.07.24 21:12 GMT. Profit: 27 pips.

(Orders Open: 2.) SELL NZDJPY at 80.27 as of 2008.07.24 00:08 GMT. Spread: 7 pips.
Order closed! Orders Open: 1. SELL NZDJPY closed at 79.83 as of 2008.07.24 21:12 GMT. Profit: 44 pips.

(Orders Open: 3.) SELL AUDCAD at 0.9676 as of 2008.07.24 13:59 GMT. Spread: 7 pips.
Order closed! Orders Open: 2. SELL AUDCAD closed at 0.9705 as of 2008.07.24 19:37 GMT. Loss: 29 pips.

(Orders Open: 4.) BUY USDCAD at 1.0111 as of 2008.07.24 15:28 GMT. Spread: 3 pips
Order closed! Orders Open: 3. BUY USDCAD closed at 1.0140 as of 2008.07.24 16:34 GMT. Profit: 29 pips.

(Orders Open: 1.) SELL AUDJPY at 102.76 as of 2008.07.25 00:05 GMT. Spread: 7 pips.
Order closed! Orders Open: 0. SELL AUDJPY closed at 102.87 as of 2008.07.25 10:12 GMT. Loss: 11 pips.

(Orders Open: 2.) SELL EURJPY at 168.27 as of 2008.07.25 00:06 GMT. Spread: 3 pips.
Order closed! Orders Open: 1. SELL EURJPY closed at 168.68 as of 2008.07.25 10:11 GMT. Loss: 41 pips.

(Orders Open: 3.) SELL GBPJPY at 213.02 as of 2008.07.25 00:06 GMT. Spread: 6 pips.
Order closed! Orders Open: 2. SELL GBPJPY closed at 212.02 as of 2008.07.25 05:13 GMT. Profit: 100 pips.

Orders Open: 1.) SELL GBPUSD at 1.9917 as of 2008.07.25 13:18 GMT. Spread: 3 pips.
Order closed! Orders Open: 0. SELL GBPUSD closed at 1.9947 as of 2008.07.25 13:52 GMT. Loss: 30 pips.

The one thing I want you to keep in mind is this info is all off the odl platform that I only use for charting and sending out the signals. The last trade taken this week gbpusd shows a loss of 30 pips. I am not sure why this happend I guess it was just ODL. On my live platform this trade didn't get any more than 10 pips of my SL (my SL was same on both platforms)before heading to profit. So on my live acct this is actually +30 pips. Also the eurjpy trade and audjpy trade taken on the 25th weren't as big of a loss on my live acct.

The thing that is especially annoying about those two trades is that they were mostly in profit all night when I first opened them even after some overnight news. The news was over for about 1.5hrs and then everything started going long very fast (I was short on those trades). So I got out as quickly as I could, but that isnt the annoying part. I was in profit with these two for about 110 pips for both trades together. I had my alarm set for 3AM so I could get up and check my trades and decided whether or not to let them go or get out. This is what I have been doing normally now for about 2 weeks. For whatever reason last night my alarm didn't go off until 5AM and by then those two trades were losing and moving long fast. So unfortunately those two trades were a complete loss and could have helped us meet our last weeks pips total if not exceed it with this mornings gbpusd trade. So in the end this is the totals:
profit :65 pips

Live acct up 23% since opening it this month.

You may want to consider placing these in your own journal. Wish you continued success.

I appreciate your remarks. I didn't create this thread as a journal. I started it as a means to generate some discussion and help some people out with their trades. I also posted my trades to show that it does work and to continue to generate more discussion/interest. I originally posted this in the trading methods room, but it was moved to rookie Q&A by the powers that be for whatever reason.

It appears though that I am wasting my time. I already know this system works with a well disciplined trader. I already took a 10k demo acct and turned it into 124k in 6 weeks. I am also up 23% on my live acct in 3 weeks. That would be a alot more had I not tried another method on my live acct rather than demo and I was overtrading it also.

You may ask why try something else when you say your system works. Well there is more than one way to skin a cat and I was going on dry spell (couple days) for my signals so I was trying something else that I thought may work under different market conditions. Even with those losses I was still able to get my acct back to +23% in 2 days just using my method.

I am not saying my system is better than the next and this isn't a look at me post. I was merely trying to generate some honest discussion and help some people out with free signals. It is much easier for me just to do my own trading and not making all these posts and updating here and at my site.

So more than likely I will just stop posting here. Although, I appreciate all the at-a-boy comments I wasn't here trying to get pats of encouragement on the back.

Best of luck to everyone in their trading endeavours. I may check back here again, but this will more than likely be my last post here unless some genuine interest is made. Then I would be more than happy to help anyone I can.