ATP (Advanced Trading Philosophy) - 3% Daily....From working to trading for a living.

Moved s/l to b/e +1

I placed a sell stop order at 1.9558 with a 150 pip t/p. I will move to b/e +1 after 30 pips

Locking in 50 pips of profit.

so far we have had no valid signals for the M5 system.

Trade triggered and is flirting with my s/l.

I am wondering if I should move s/l up by about 15 pips or so which would put us up above the S1 level and above the latest swing high. This way the trade can have a little more room to breath.

I will keep an eye on this, but for just a few more pips of risk, it would probably be the proper place to put the s/l.

A slight rule adjustment was made on 08/05/08 and can be found on the 1st page of this thread. It has to do with entering a trade against divergence. The part that was updated was clearly market on the the 1st post....enjoy

I have placed a sell stop order at 1.6108 with a s/l of 39 pips. I will bo to b/e +1 when i am up 30 pips or so. hard t/p at 150 pips

locking in 75 pips in profit

trade stopped out for +1 pip in profit

trade cancelled as lsma appears to be going to close in gray and i am off to work.

moved s/l to b/e +1

s/l moved to 167.20

I am curretnly long usdjpy with a 33 pip s/l and a 120 pip t/p. I will go to b/e+1 after 30 pips.

I have a buy stop order set for 1.9575 with a t/p of 150 pips and a s/l of 34 pips. I will go to b/e +1 when I get to +30 pips.

gbpusd trade has been cancelled as lsma3 has closed in gray.

I have been kind of flucuating between the JMA Slope (34) and the Fisher (34) as the main trend indictor.

Once time I miss a good signal with one of them and the other time I miss a good signal with the other one of them.

I think they are both very strong trend direction indicators and so I have started using either or of them on the eurusd M5 system only. If either of thenm point in the direction of the trade signal, I will take the trade.

New changes will be updated in the 1st post as well as a new template.

I have placed a sell stop at 1.6102 with a 30 + spread s/l and a 150 t/p and i will use a 30 pip trailing stop as I am almost going to bed.

note.....lsma3 is curretnly gray. if this hour closes in gray, the trade will be off.

pending order has been cancelled and horizontal line in LSMA3 had been moved to next lowest low because last LSMA segmane closed in grey.

we had a divergent signal on the eurusd M5 method.

this means that my biased is short 2x ATR

let's see what happens...

short at 1.5460 and take 6 pips in profit and 13 pip s/l

p.s I am just experimenting with this, but all tells me to do this.

Order will close if we get a red lsma close followed by a grey lsma close

I am currently long gbpusd at 1.9571.
t/p 150
s/l 34
move to b/e +1 after 30 pips

I'm going back to bed for an hour or so.