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Attachments: Nomoretoxic's breakout
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Nomoretoxic's breakout

AUDUSD: - No Trade
GBPJPY: +20
GBPUSD: +20
EURUSD: +20
USDCHF: +20

Increased positioning on the GBPJPY because of consolidation I saw during the box.
Some time adjustments (1.30-3.30) today would have avoided a loss on EUR/USD.

Good 20+ pips on USD/CHF and USD/JPY.

A question nomo...

If you were to adjust the timeframe on a pair and you are trading several pairs in the session, would you adjust the timeframe on each pair that you are considering trading?
Time adjustment on the EUR/USD...

Trade with sense and u avoid some losses :-)
Attached Image (click to enlarge)
Click to Enlarge Name: EUR_USD.jpg Size: 132 KB
This is what I had this morning on the pairs that I trade

AUDUSD: No Trade
GBPUSD: No Trade

GBPJPY: +20
Entry 189.53.
SL 188.78 (25 PIPs)
TP 189.73

EURUSD: -20
Entry 1.4418
SL 1.4373 (20 PIPs)
TP 1.4438

USDCHF: +20
Entry 1.0972
SL 1.0936 (36)
TP 1.0992
Nice trading Roth!

Quoting RRothschild
This is what I had this morning on the pairs that I trade

AUDUSD: No Trade
GBPUSD: No Trade

GBPJPY: +20
Entry 189.53.
SL 188.78 (25 PIPs)
TP 189.73

EURUSD: -20
Entry 1.4418
SL 1.4373 (20 PIPs)
TP 1.4438

USDCHF: +20
Entry 1.0972
SL 1.0936 (36)
TP 1.0992
Quoting TradeSense
Some time adjustments (1.30-3.30) today would have avoided a loss on EUR/USD.

Good 20+ pips on USD/CHF and USD/JPY.

A question nomo...

If you were to adjust the timeframe on a pair and you are trading several pairs in the session, would you adjust the timeframe on each pair that you are considering trading?
Good question Trade sense.

I don't adjust time on the box. I know there will be losses. It's part of the game. I work with probabilities. Actually, as a matter of fact this is a game of probabilities. I don't avoid losing. I minimize risk.

I prefer to work 1 pair at the time. I found out that trading may pairs at once is not worth it (a rule not to be followed, my personal choice). I have more control on money management using just 1 pair. Less stressful.

hope it helps.
Cool... thanks for the info nomo.

Quoting nomoretoxic
Good question Trade sense.

I don't adjust time on the box. I know there will be losses. It's part of the game. I work with probabilities. Actually, as a matter of fact this is a game of probabilities. I don't avoid losing. I minimize risk.

I prefer to work 1 pair at the time. I found out that trading may pairs at once is not worth it (a rule not to be followed, my personal choice). I have more control on money management using just 1 pair. Less stressful.

hope it helps.
Thanks.

Let's hope that the NY session has good opportunities too!



Quoting TradeSense
Nice trading Roth!
  • Post #449
  • Quote
  • Edited at 11:08am Sep 30, 2008 10:54am | Edited at 11:08am
Here are my results so far for this session:

USDCHF: +23
EURUSD: +44 (Once I got to +20 PIPs I put in a trailing stop: Nomo obviously did a better job on this trade than me.)
AUDUSD: +70 (Trade ongoing SL moved to +20) This was a 1:1 trade, my best trade so far

I'll provide my entries, SLs, and TPs if it will help....

RR -

Quoting RRothschild
Thanks.

Let's hope that the NY session has good opportunities too!
OK.

Trade outside the box - not the first time. (check my previous charts).

I used a 1:1 R/R - 60 pips stop-loss - 60 pips profit target.

Money management/load adjusted.
Attached Image (click to enlarge)
Click to Enlarge Name: 1-1 rr.gif Size: 16 KB
Well done guys.. yes RRoth, please can u post entries, SLs, and TPs.

Many Thanks

Quoting RRothschild
Here are my results so far for this session:

USDCHF: +23
EURUSD: +44 (Once I got to +20 PIPs I put in a trailing stop: Nomo obviously did a better job on this trade than me.)
AUDUSD: +70 (Trade ongoing SL moved to +20) This was a 1:1 trade, my best trade so far

I'll provide my entries, SLs, and TPs if it will help....

RR -
Quoting nomoretoxic
OK.

Trade outside the box - not the first time. (check my previous charts).

I used a 1:1 R/R - 60 pips stop-loss - 60 pips profit target.

Money management/load adjusted.



nomo,

great trade!

i know sometimes you use imbalanced r:r ( load adjusted ).

how did you know you could go for 60 tp today?

i got 20 on eurusd and audusd today

alex
  • Post #453
  • Quote
  • Edited at 12:28pm Sep 30, 2008 11:55am | Edited at 12:28pm
Quoting pipping
nomo,

great trade!

i know sometimes you use imbalanced r:r ( load adjusted ).

how did you know you could go for 60 tp today?

i got 20 on eurusd and audusd today

alex
Well, if you notice the move was way outside the box.

It's more like a judgment call than anything else.

20 pips unbalanced are good when you can trade close to the box. Even so you can still go 1:1. Not a hard and fast rule.

My point is to prove you can get 20 pips consistently.

hope it helps.
I had a 22 pip loss on eur on London session. Couldn't get up in time to watch New York open. Looks like I missed some good moves. Oh well. Good
trading everyone!
AUD +70
Entry 0.7991
SL 0.8061 (70 PIPs)
TP .07921

EURUSD +44.5
Entry 1.4146
SL 1.4184 (38 PIPs)
TP 1.4101

USDCHF +23.5
Entry 1.1117
SL 1.1091 (26 PIPs)
TP 1.1140

I moved my SL to breakeven after reaching 20 PIPs on all of these trades.

Hope this helps. I would post my charts, but I think that Nomo's are easier to follow than my FXCM charts.

Quoting TradeSense
Well done guys.. yes RRoth, please can u post entries, SLs, and TPs.

Many Thanks
Good trading Roth!!!
Good morning all,

here my buy stop: eurchf 1.5820
sl 1.5800
tp 1.5840
Attached Image (click to enlarge)
Click to Enlarge Name: chart eurchf 01.10..gif Size: 17 KB
Now eurchf 1.5786, I canceled this order.
No Trades across the board for me in this session.
Quoting RRothschild
No Trades across the board for me in this session.
Hi RRoths

I could see a trade in EURUSD, Buy @ 1.4166 which is trigger at 0940 GMT. This hits the stoploss @ 1.4142 - 1045 GMT. Could you share with me why you don't take this trade?

Thanks.
Jeff
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