MY SYSTEM - "The Haribbon System" | Forex Factory

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MY SYSTEM - "The Haribbon System"

  • #1
  • First Post: Sep 24, 2008 5:28am Sep 24, 2008 5:28am
I will start my trades from here onward using my newly discovered system.
"The Haribbon System"

No need to discuss it yet, as it is not yet proven.
Let just say.... my trades will prove its worth.
There's a POT of GOLD at the END of the RAINBOW!!
  • #2
  • Sep 24, 2008 5:38am Sep 24, 2008 5:38am
Trade 1:
> 1:30PM (GMT+3)
> LONG - G/U, EP=1.8575, TP=1.8630, SL=1.8490

Trade 2:
> 1:35PM (GMT+3)
> SHORT - E/U, EP=1.4660, TP=1.4550, SL=1.4720
There's a POT of GOLD at the END of the RAINBOW!!
  • #3
  • Sep 24, 2008 6:18am Sep 24, 2008 6:18am
Traders were at the sideline as of the moment and I had just violated my rule of not trading before the news release.

Nevertheless, i hedged my position E & G against U... at least i think so?!
There's a POT of GOLD at the END of the RAINBOW!!
  • #4
  • Edited 8:17am Sep 24, 2008 7:57am | Edited 8:17am
E/U stop loss hit... that was quick
For not paying respect to the rules... that's my penalty.

ed: I was on for a false start.....
There's a POT of GOLD at the END of the RAINBOW!!
  • #5
  • Sep 24, 2008 3:26pm Sep 24, 2008 3:26pm
Quoting haribon2008
Trade 1:
> 1:30PM (GMT+3)
> LONG - G/U, EP=1.8575, TP=1.8630, SL=1.8490

Trade 2:
> 1:35PM (GMT+3)
> SHORT - E/U, EP=1.4660, TP=1.4550, SL=1.4720
POST MORTEM ANALYSIS:
Trade 1 went against projection, SL hit.
Trade 2 going on as projected, but SL was hit on a spike move. Was SL placed too tight?? Maybe.
There's a POT of GOLD at the END of the RAINBOW!!
  • #6
  • Edited 12:43am Sep 25, 2008 12:22am | Edited 12:43am
ed: Time = 8:05AM(GMT+3)
T1: Long USD/CAD, Ep=1.0355
T2; Short AUD/JPY, Ep=88.78
There's a POT of GOLD at the END of the RAINBOW!!
  • #7
  • Sep 25, 2008 1:17am Sep 25, 2008 1:17am
Closed USD/CAD.... signal confuses me.

...Closed Both, will wait for clearer signal.
There's a POT of GOLD at the END of the RAINBOW!!
  • #8
  • Sep 25, 2008 1:35am Sep 25, 2008 1:35am
9:25AM
T3: Long E/U, SP=1.4735
There's a POT of GOLD at the END of the RAINBOW!!
  • #9
  • Sep 25, 2008 4:43am Sep 25, 2008 4:43am
closed E/U at 1.4730.... trend is confusingly reversing to short.
There's a POT of GOLD at the END of the RAINBOW!!
  • #10
  • Sep 27, 2008 11:17am Sep 27, 2008 11:17am
WIN or LOSE!

i will just post a post-analysis of my trades, with some charts if possible.
There's a POT of GOLD at the END of the RAINBOW!!
  • #11
  • Edited 10:48pm Sep 27, 2008 11:23am | Edited 10:48pm
Started a demo trade via FXCM, 5K capital.

Day 1, 24-25Sep, Short U/J, profit=450
10k + 100K + 100K

Day 2, 26Sep, Long U/J, profit=1300
10k + 100K + 100K + 200K + 200K

Current Cap= 6,750.00

ed: wrong dates
There's a POT of GOLD at the END of the RAINBOW!!
  • #12
  • Sep 29, 2008 6:47am Sep 29, 2008 6:47am
Live Trade:

E/U: Daily T/F saying to go short.

Earlier i shorted E/U, gained +84pips and closed.

Then i went short again @ 1.4346, [email protected]
it dropped to 1.4318.... but as of now it bounces up.

Will my earlier gain be taken away? hope not...
There's a POT of GOLD at the END of the RAINBOW!!
  • #13
  • Sep 29, 2008 7:22am Sep 29, 2008 7:22am
Liquidate current position as price return to break even...

trend intending to go long now at shorter time frames

Entered LONG @ 1.4365
There's a POT of GOLD at the END of the RAINBOW!!
  • #14
  • Sep 29, 2008 12:57pm Sep 29, 2008 12:57pm
WOW!! HUGE SPIKE!!

Closed my Position at 1.4540..... that's "HUGE" PIPS!!
There's a POT of GOLD at the END of the RAINBOW!!
  • #15
  • Sep 30, 2008 9:34am Sep 30, 2008 9:34am
2nd demo trading day,

logging in now, i just closed my demo 5K account of LONG U/J @ 500K value...
as of the moment, 5k cap was doubled into 10,004.40

my live trades is being done in parallel with demo trades but for today only coz it's holiday (eid) and i have plenty of time twiching my system...

trade back: LONG U/J, 200K value
There's a POT of GOLD at the END of the RAINBOW!!
  • #16
  • Last Post: Edited 5:16am Oct 1, 2008 4:37am | Edited 5:16am
demos:

closed yesterday PM my U/J long position as i have to go outside for overnight activities. gained +500pips but missed the bigger moves.

--> currently SHORT on U/J and LONG on E/U, 200k each..
--> added up 200k LONG E/U
ed: -->> added 200K SHORT on U/J

live:

SHORT on U/J
There's a POT of GOLD at the END of the RAINBOW!!
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