Simplicity is the Key

CLOSED TRADES
23) S-USDCHF--1.2193---3-02 10:42 ---- Gain +21

CLOSED TRADES
23) S-USDCHF--1.2193---3-02 10:42 ---- Gain +21
-------------------------------------------------
22) S-USDJPY--117.00----3-02 10:42 --- Gain +7
25) B-NZDUSD--0.6883---3-02 10:43 --- Gain +3
-------------------------------------------------

CLOSED TRADES
23) S-USDCHF--1.2193---3-02 10:42 ---- Gain +21
-------------------------------------------------
22) S-USDJPY--117.00----3-02 10:42 --- Gain +7
25) B-NZDUSD--0.6883---3-02 10:43 --- Gain +3
-------------------------------------------------
20) B-GBPUSD--1.9454---3-02 10:41 --- Gain +2
21) B-EURUSD--1.3176----3-02 10:42--- Gain +1
-----------------------------------------------

CLOSED TRADES
23) S-USDCHF--1.2193---3-02 10:42 ----Gain +21
-------------------------------------------------
22) S-USDJPY--117.00----3-02 10:42 ---Gain +7
25) B-NZDUSD--0.6883---3-02 10:43 --- Gain +3
-------------------------------------------------
20) B-GBPUSD--1.9454---3-02 10:41 --- Gain +2
21) B-EURUSD--1.3176----3-02 10:42--- Gain +1
-----------------------------------------------
24) B-USDCAD--1.1757----3-02 10:43 -- Gain +1
26) B-AUDUSD--0.7841----3-02 10:44 -- Loss -7

CLOSED TRADES
23) S-USDCHF--1.2193---3-02 10:42 ----Gain +21
-------------------------------------------------
22) S-USDJPY--117.00----3-02 10:42 ---Gain +7
25) B-NZDUSD--0.6883---3-02 10:43 --- Gain +3
-------------------------------------------------
20) B-GBPUSD--1.9454---3-02 10:41 --- Gain +2
21) B-EURUSD--1.3176----3-02 10:42--- Gain +1
-----------------------------------------------
24) B-USDCAD--1.1757----3-02 10:43 -- Gain +1
26) B-AUDUSD--0.7841----3-02 10:44 -- Loss -7
-----------------------------------------------
OPEN TRADES ---NONE
-----------------------------------------------
NET TOTAL FOR THIS WEEK --- +976
-----------------------------------------------
This is the most i could do for the week. I am done for the week. I am hoping that we could make more than this by next week. Now that i am comfortable with my method and can relate to the market much better compare to those first 4 weeks of trading..The first 4 weeks werent so bad, I was making like 100 pips a week.
Regards and see you next week.
T101

976 pips in one week, congratulations! Iam sure that iam not the only one who is very curious to read what your system is, i take it now you are starting to trade live you will be revealing all soon? http://forexfactory.com/images/icons/icon12.gif

-----------------------------------------------
NET TOTAL FOR THIS WEEK --- +976
-----------------------------------------------
This is the most i could do for the week. I am done for the week. I am hoping that we could make more than this by next week. Now that i am comfortable with my method and can relate to the market much better compare to those first 4 weeks of trading..The first 4 weeks werent so bad, I was making like 100 pips a week.
Regards and see you next week.
T101[/quote]

T101,

WOW!!! that is all I can say. You had an amazing week!!!

T101,

In your trades I do not see s/l. Do you set them as soon as you enter a position? Or do you have mental stops?
What is your criteria regarding the stops?

AC

Thanks for the kind words..sir...
Very soon i guess, if all goes well and i have to complete the 3 months testing. thanks for your patience.
Regards

Hello.. AL..
I have this habit of just having a mental stops say 25 if i am babysetting the trade. I dont know but brokers seems to have a magnet to the SL if they are given. The price seems to be attracted to them. I normally put the hard SL if i go away from the computer but never if i am there. Oh i also put and hard SL if there is a news report coming and my trade will be affected by it. During news time and if my position in positive i put a minimal SL say 10 pips at the same time i put a limit order (opposite to my existing trade) also at 10 pips meaning if i got stop loss it will initiate a new opposite trade. I do that because, all technical analysis do not work on news time. In case the news go to your favor then cancel the limit order that you created.
Regards

Hello Folks,

I will start early for this week, because i am planning to target 1000 pips for this week. Let keep our fingers cross.. First 4 trades below...

OPEN TRADES (3-04)
PAIR-------OPEN-----TIME OPEN----CURRENTLY
1) B-EURUSD--1.3191----3-04 17:36
2) B-GBPUSD--1.9444----3-04 17:36
3) S-USDJPY--116.70----3-04 17:37
4) S-USDCHF--1.2162----3-04 17:37
---------------------------------------------

----------------------------------------------
NET TOTAL FOR THIS WEEK --- +0
-----------------------------------------------
NET TOTAL FOR LAST WEEK----+976
-----------------------------------------------

If you like Long Term trading::
The USD/JPY will start its Bearish Rally starting today and my estimate will last for no less than a month. The only problem is the SL is a little bit high, i would suggest 50 pips at the end of the rally you are guaranteed a profit which i am going to calculate in a little while

OPEN TRADES (3-04)
PAIR-------OPEN-----TIME OPEN----CURRENTLY
1) B-EURUSD--1.3191----3-04 17:36
2) B-GBPUSD--1.9444----3-04 17:36
3) S-USDJPY--116.70----3-04 17:37
4) S-USDCHF--1.2162----3-04 17:37
---------------------------------------------
CLOSED TRADES
1) B-EURUSD--1.3191----3-04 17:36----Closed Gain +15
2) B-GBPUSD--1.9444----3-04 17:36----Closed Loss -15
3) S-USDJPY--116.70----3-04 17:37 ----Closed Gain +24
4) S-USDCHF--1.2162----3-04 17:37 --- Closed Gain +14
-------------------------------------------------------

OPEN TRADES (3-04)
NONE
---------------------------------------------
CLOSED TRADES
1) B-EURUSD--1.3191----3-04 17:36----Closed Gain +15
2) B-GBPUSD--1.9444----3-04 17:36----Closed Loss -15
3) S-USDJPY--116.70----3-04 17:37 ----Closed Gain +24
4) S-USDCHF--1.2162----3-04 17:37 --- Closed Gain +14
-------------------------------------------------------
Scalping for now, the market is not stable yet so get initial postive for now.
----------------------------------------------
NET TOTAL FOR THIS WEEK --- +38
-----------------------------------------------
NET TOTAL FOR LAST WEEK----+976
-----------------------------------------------

Perhaps the total you can attain in this UJ Bear Run will be 750 pips.

If you would like to jump on UJ wait for the retrace of 116.40 then SELL it,
that goes with the EJ wait the retrace of 153.60 the SELL it. The only problem there is it might not retrace to the price i mentioned and will just continue to go down..

EU and GU are still correcting themselves, i suggest you stay out of them first. I am expecting them to go LONG...

open Trades (3-04)
pair-------open-----time Open----currently
5) S-usdjpy--116.09----3-04 19:00
6) S-eurjpy--153.05----3-04 19:00

open Trades (3-04)
pair-------open-----time Open----currently
NONE
CLOSED TRADES

5) S-usdjpy--116.09----3-04 19:00 ---Gain +20
6) S-eurjpy--153.05----3-04 19:00 ---Gain +27
----------------------------------------------
NET TOTAL FOR THIS WEEK --- +85
-----------------------------------------------
NET TOTAL FOR LAST WEEK----+976
-----------------------------------------------

Still Scalping until market stabilize

I dont know this market every major pair is dropping very very weird.. All JPY's too.. waht is happening..maybe just unstable at the start...