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Simplicity is the Key

  • #721
  • Feb 27, 2007 8:12am Feb 27, 2007 8:12am
Quoting Darkstar
It's probably a good time for the "don't be greedy" advice. Make sure you close your positions exactly when your system says you should. Don't second guess it just because it looks favorable for continuation.
thank you, Darkstar..
Im already locking in 360 pips, 280 from the EJ & UJ, 50 from CHF and 30 from EU. Im doing this because my system still is not giving a letdown specially on the two JPY it is still showing a longer trend down, a little shaky on the the GBP but CHF and EUR are all showing still good trending.. but i will keep watching for now and will closed and reverse at the reversal point which my program says almost the same number of pips in the opposite..I m enjoyin this right now...
  • #722
  • Feb 27, 2007 8:20am Feb 27, 2007 8:20am
Quoting trader101
thank you, Darkstar..
Im already locking in 360 pips, 280 from the EJ & UJ, 50 from CHF and 30 from EU. Im doing this because my system still is not giving a letdown specially on the two JPY it is still showing a longer trend down, a little shaky on the the GBP but CHF and EUR are all showing still good trending.. but i will keep watching for now and will closed and reverse at the reversal point which my program says almost the same number of pips in the opposite..I m enjoyin this right now...
I'm sure they all have plenty of room to run, just wanted to put the bug in your ear early. Keep up the good work.
  • #723
  • Feb 27, 2007 8:26am Feb 27, 2007 8:26am
Quoting Darkstar
I'm sure they all have plenty of room to run, just wanted to put the bug in your ear early. Keep up the good work.
Thanks again, for the concern, bro.
I know you are making good on this trend, too, i know you are a fan of JPY, i bet you are over a 100 pips on all the JPY pairs..am i right???
Regards
  • #724
  • Feb 27, 2007 8:39am Feb 27, 2007 8:39am
Quoting trader101
Thanks again, for the concern, bro.
I know you are making good on this trend, too, i know you are a fan of JPY, i bet you are over a 100 pips on all the JPY pairs..am i right???
Regards
Actually, no. I was setup for a return to the range and got caught out. Down 47 pips on the day. Now it's too late to get in so I'll have to wait for a pullback or some slim range time.
  • #725
  • Feb 27, 2007 8:42am Feb 27, 2007 8:42am
I am starting to love this new changes that i implemented on the system, wow, i hope this will keep going, i hope this is not a fluke..I did not realize that it is also good for other pairs specially the JPY's, i nitially thought it is only good for EUR and GBP..I love trading...I would to implement this on all the 16 pairs but it might be to hard to monitor...Sorry, folks, i am just thinking loud over here...
  • #726
  • Feb 27, 2007 8:47am Feb 27, 2007 8:47am
Quoting Darkstar
Actually, no. I was setup for a return to the range and got caught out. Down 47 pips on the day. Now it's too late to get in so I'll have to wait for a pullback or some slim range time.
Its OK, bro, I am expecting a reversal on the JPY's perhaps after lunch (london close) till 5:00 (US close) and that will be our ride back home, dont miss it...this time youll make it ....
Regards
  • #727
  • Feb 27, 2007 9:35am Feb 27, 2007 9:35am
UPDATE OF MY Trades for THIS weeK

OPEN TRADES

PAIR -------OPEN-----TIME OPEN-------CURRENTLY
B-EURUSD--1.3179---2-26 14:43-------- +52
S-USDCHF--1.2304--- 2-26 14:43------- +76


CLOSED TRADES:
B-AUDUSD--0.7934--- 2-26 14:46-- Closed --.7917 -- -17
B-EURJPY---158.99---2-26 14:54-- Closed-- 159.00-- +1
B-USDJPY-- 120.68 ---2-26 16:59--Closed-- 120.47-- -21
B-GBPUSD--1.9631--- 2-26 14:45 --Closed-- 1.9631-- 0
S-USDJPY--120.47--- 2-26 19:38 --Closed-- 119.07-- +140
S-EURJPY--159.00--- 2-26 19:38 --Closed-- 157.62-- +138
S-AUDUSD--.7917--- 2-27 07:54 --Closed -- 0.7916-- +1
  • #728
  • Feb 27, 2007 10:39am Feb 27, 2007 10:39am
UPDATE

OPEN TRADES

PAIR -------OPEN-----TIME OPEN-------CURRENTLY
B-EURUSD--1.3179---2-26 14:43-------- +63
S-USDCHF--1.2304--- 2-26 14:43------- +93
  • #729
  • Feb 27, 2007 11:08am Feb 27, 2007 11:08am
Looks like your new changes are "smoking"! Way to go!
  • #730
  • Feb 27, 2007 11:44am Feb 27, 2007 11:44am
Quoting pipruler
Looks like your new changes are "smoking"! Way to go!
I love it too, man, i hope it will keep up specially when it point to me the reversal point of all the JPY's pairs later, that would be awesome... Ilove trading..

UPDATE

OPEN TRADES

PAIR -------OPEN-----TIME OPEN-------CURRENTLY
B-EURUSD--1.3179---2-26 14:43-------- +60
S-USDCHF--1.2304--- 2-26 14:43------- +103
  • #731
  • Feb 27, 2007 1:23pm Feb 27, 2007 1:23pm
UPDATE
OPEN TRADES
PAIR -------OPEN-----TIME OPEN-------CURRENTLY
B-EURUSD--1.3179---2-26 14:43-------- +61
S-USDCHF--1.2304--- 2-26 14:43------- +117
  • #732
  • Feb 27, 2007 1:39pm Feb 27, 2007 1:39pm
.. haven't been around for a few days, it's great to see things are good with you - the 'tweaks' you have made to your system are working for you and it's nice to see you are really enjoying trading.

Take care, Jacquie
  • #733
  • Feb 27, 2007 2:14pm Feb 27, 2007 2:14pm
Quoting MrsMacTheKnife
.. haven't been around for a few days, it's great to see things are good with you - the 'tweaks' you have made to your system are working for you and it's nice to see you are really enjoying trading.

Take care, Jacquie
Hello, Jacquie..Its nice to see u again. Yes..Maam it is making good right now and hopefully will keep up because im trying to make a record of 500 pips in 2 days of trading here. I am keeping my fingers crosses on this one..
regards

UPDATE
OPEN TRADES
PAIR -------OPEN-----TIME OPEN-------CURRENTLY
B-EURUSD--1.3179---2-26 14:43-------- +61
S-USDCHF--1.2304--- 2-26 14:43------- +137
  • #734
  • Feb 27, 2007 2:19pm Feb 27, 2007 2:19pm
Too Bad...
It seems that the EU is at its peak now and its going downhill already...
well... its only tuesday we could still make more pips...
  • #735
  • Feb 27, 2007 2:22pm Feb 27, 2007 2:22pm
I'm short on GBP/JPY and USD/CHF, getting nervous, thinking I should take the profit but thinking they both may go further.....

The GBP/JPY has dropped over 100 pips in the last 20 mins!

I only went short on the CHF at 1.2192 so only just in profit...

Jacquie
  • #736
  • Feb 27, 2007 2:24pm Feb 27, 2007 2:24pm
Well, Im closing this 2 trades now...
they are getting tired anyway
  • #737
  • Feb 27, 2007 2:28pm Feb 27, 2007 2:28pm
Quoting MrsMacTheKnife
I'm short on GBP/JPY and USD/CHF, getting nervous, thinking I should take the profit but thinking they both may go further.....

The GBP/JPY has dropped over 100 pips in the last 20 mins!

I only went short on the CHF at 1.2192 so only just in profit...

Jacquie
Dont panic about CHF i still am trading it in another broker and im keeping it there for 2 months. I t is shorting for 2 to 3 months.. Its the EU that is reversing now because of the GBP effect.
  • #738
  • Feb 27, 2007 2:38pm Feb 27, 2007 2:38pm
UPDATE OF MY Trades for THIS weeK

OPEN TRADES
NONE

CLOSED TRADES:
--------------------------------------------------------
B-AUDUSD--0.7934--- 2-26 14:46-- Closed --.7917 -- -17
B-EURJPY---158.99---2-26 14:54-- Closed-- 159.00-- +1
B-USDJPY-- 120.68 ---2-26 16:59--Closed-- 120.47-- -21
B-GBPUSD--1.9631--- 2-26 14:45 --Closed-- 1.9631-- 0
S-USDJPY--120.47--- 2-26 19:38 --Closed-- 119.07-- +140
S-EURJPY--159.00--- 2-26 19:38 --Closed-- 157.62-- +138
S-AUDUSD--.7917--- 2-27 07:54 --Closed -- 0.7916-- +1
B-EURUSD--1.3179---2-26 14:43---Closed-- 1.3239 --+60
S-USDCHF--1.2304--- 2-26 14:43--Closed-- 1.2184 --+120
----------------------------------------------------------
NET TOTAL FOR THIS WEEK --- +422
  • #739
  • Feb 27, 2007 2:42pm Feb 27, 2007 2:42pm
Quoting MrsMacTheKnife
I'm short on GBP/JPY and USD/CHF, getting nervous, thinking I should take the profit but thinking they both may go further.....

The GBP/JPY has dropped over 100 pips in the last 20 mins!

I only went short on the CHF at 1.2192 so only just in profit...

Jacquie
Your GBP/JPY is also looking good, it might continue that trend well over the night and you could really generate over 100 pips in there...
  • #740
  • Feb 27, 2007 2:45pm Feb 27, 2007 2:45pm
I would like to trade the GU short right now..but my computer at home is being screwed up by my cable provider and i dont like trading without looking but if you guys, like it, you should do it now.. leave it overnight and you would be over 60 pips in the morning...
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