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Simplicity is the Key

  • #361
  • Feb 11, 2007 5:20pm Feb 11, 2007 5:20pm
Quoting trader101
Thats a good call Ken, In fact i am waiting for other indicator to confirmn then i go long on GU & EU.

Glad you said that. I didn't want to keep chiming in on your thread and thought I shouldn't have after I posted it because this is really about your calls and I'm most interested in seeing those.

I'll sit tight now and only comment and ask questions on your trades.
Is your SL my TP?
  • #362
  • Feb 11, 2007 5:26pm Feb 11, 2007 5:26pm
Ken,
I think ur GU is good now. Set your TP to 1.9580
  • #363
  • Feb 11, 2007 5:29pm Feb 11, 2007 5:29pm
Quoting kenmania
Glad you said that. I didn't want to keep chiming in on your thread and thought I shouldn't have after I posted it because this is really about your calls and I'm most interested in seeing those.

I'll sit tight now and only comment and ask questions on your trades.
Its Ok Ken..
It for all of us, as i mentioned i learned for you guys.
  • #364
  • Feb 11, 2007 5:29pm Feb 11, 2007 5:29pm
Quoting trader101
Ken,
I think ur GU is good now. Set your TP to 1.9580
Is your SL my TP?
  • #365
  • Feb 11, 2007 5:32pm Feb 11, 2007 5:32pm
Sorry Ken, I could be wrong. If you have 2 lots-- 1 lot set your TP1 @1.9580 and lot 2 for 80 more pips
  • #366
  • Feb 11, 2007 5:33pm Feb 11, 2007 5:33pm
Quoting trader101
Sorry Ken, I could be wrong. If you have 2 lots set your TP1 @1.9580 and leave the second for more pips.
As a matter of fact I do.
Is your SL my TP?
  • #367
  • Feb 11, 2007 5:45pm Feb 11, 2007 5:45pm
hello guys!

I see you guys entered in anction already, and both position mentioned are great calls.

T101 offered a short on UJ, while Ken long GU.
Mine is AUD/USD long~
"Quality means doing it right when no one is looking"
  • #368
  • Feb 11, 2007 5:46pm Feb 11, 2007 5:46pm
My Trade No. 1 is not actually based on the original strategy that i was using for the past 2 week. I just develop an addendum over the weekend that if the market price is 100 pips away from my calculated median I can trade it towards my median with a SL of 20, in case i am wrong and the price will drag to 120 pips then 90% of all prices will definitely reverse at 120 pips away from my calcualted median. The TP1 should be set to the calculated median and TP 2 based on the orignal strategy that i have. It seems that it is working for the JPY right now.
  • #369
  • Feb 11, 2007 5:47pm Feb 11, 2007 5:47pm
Quoting ikimashu
hello guys!

I see you guys entered in anction already, and both position mentioned are great calls.

T101 offered a short on UJ, while Ken long GU.
Mine is AUD/USD long~
Iki,
I could be wrong, but it seems you are in the wrong direction for AUD.
  • #370
  • Feb 11, 2007 6:03pm Feb 11, 2007 6:03pm
Sorry Iki,
I think you are right, my bad, i was looking at a different chart with a different time frame.
  • #371
  • Feb 11, 2007 6:09pm Feb 11, 2007 6:09pm
Quoting trader101
Sorry Iki,
I think you are right, my bad, i was looking at a different chart with a different time frame.
T101,

you are right, it is not looking that good now.

I read that on a 15min chart, I'm out with +8 !
"Quality means doing it right when no one is looking"
  • #372
  • Feb 11, 2007 6:23pm Feb 11, 2007 6:23pm
***Trade Action***
Closed Trade #1 USD/JPY
Gain +5 pips
  • #373
  • Feb 11, 2007 6:27pm Feb 11, 2007 6:27pm
I dont like the USD/JPY move and it was only experimental anyways.
Let us watch for bigger trends.


-----------------------------------
NET P/L(this week) + 5
------------------------------
NET P/L(last week) + 187
------------------------------
NET P/L(WE 2-2-07)+ 108
-----------------------------------
  • #374
  • Feb 11, 2007 6:46pm Feb 11, 2007 6:46pm
***Trade Action***
Trade #2 Sell AUD/USD @ 0.7773
SL 20 +spread
TP --TBA
  • #375
  • Feb 11, 2007 6:51pm Feb 11, 2007 6:51pm
Something is wrong Accuchart is showing AUD/USD 0.7773 (ask) my brokers plat form is showing 0.7742 (ask)
which is right???
  • #376
  • Feb 11, 2007 6:51pm Feb 11, 2007 6:51pm
Quoting trader101
***Trade Action***
Trade #2 Sell AUD/USD @ 0.7773
SL 20 +spread
TP --TBA
lucky i got out before the fall.

good position you have opened !
"Quality means doing it right when no one is looking"
  • #377
  • Feb 11, 2007 6:52pm Feb 11, 2007 6:52pm
Quoting trader101
Something is wrong Accuchart is showing AUD/USD 0.7773 (ask) my brokers plat form is showing 0.7742 (ask)
which is right???
7738 now
  • #378
  • Feb 11, 2007 6:54pm Feb 11, 2007 6:54pm
I am cancelling trade #2 because of this discrepancy.
  • #379
  • Feb 11, 2007 6:56pm Feb 11, 2007 6:56pm
Quoting trader101
Something is wrong Accuchart is showing AUD/USD 0.7773 (ask) my brokers plat form is showing 0.7742 (ask)
which is right???
Before the fall I was looking at bullish sign, the RBA statement caused the great fall in the past minute.

if you feel unsecured, get out of there!
"Quality means doing it right when no one is looking"
  • #380
  • Feb 11, 2007 6:56pm Feb 11, 2007 6:56pm
I am not counting those gains because of discrepancies, anybody using accuchart ?? what is the ask price of AUD/USD. mine is showing 0.7773.
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