Keltner's channel

sell gbp/usd +1200 pps since 2008.10.30
sell eur/cad -210 pps 2008.11.03
buy cad/chf -157 pps 2008.11.03
sell usd/cad -510 pps 2008.11.04
sell gbp/cad +156 pps 2008.11.06
gbp/aud -418 pps
gbp/nzd -310 pps

TOTAL -249

Those gbp/aud and gbp/nzd trades are short, or long?

short

Open positions:
sell gbp/usd +1580 pps since 2008.10.30
sell eur/cad -418 pps 2008.11.03
buy cad/chf -280 pps 2008.11.03
sell usd/cad -695 pps 2008.11.04
sell gbp/cad +188 pps 2008.11.06
gbp/nzd -275 pps


Closed:

gbp/aud -618 pps

I should have done it before - the 2008 trades that could be done
using this nethod (eur/usd)


02 Jan 2008 buy 14727 21 Jan 2008 14421 -306 306
21 Jan 2008 sell 14421 21 Feb 2008 14818 -397 397
21 Feb 2008 buy 14818 29 Apr 2008 15563 745 -745
29 Apr 2008 sell 15563 21 May 2008 15793 -230 230
21 May 2008 buy 15793 13 Jun 15373 -40 40
13 Jun 2008 sell 15373 26 Jun 2008 15753 -380 380
26 Jun 2008 buy 15753 29 Jul 2008 15577 204 -204
29 Jul 2008 sell 15577 22 Sep 2008 14800 777 -777
22 Sep 2008 buy 14800 01 Oct 2008 13995 -805 805

TOTAL -432 432



-432 pps is the result if traded with the method, and +432 is the result obtained while trading oposit


So, after closing all opened positions I will think it over.
I think I will change the period used as the value of the channel, I will track the historical data first.
I will use closer SL and profit protection.

Open positions:

sell eur/cad -447 pps 2008.11.03
buy cad/chf -164 pps 2008.11.03
sell gbp/cad +439 pps 2008.11.06
gbp/nzd -364 pps


Closed:
gbp/aud -618 pps
sell gbp/usd +1484 pps
sell usd/cad -743 pps

TOTAL closed: +123

Open positions:

sell eur/cad -519 pps 2008.11.03
buy cad/chf -188 pps 2008.11.03
sell gbp/nzd -792 pps


Closed:
gbp/aud -618 pps
sell gbp/usd +1484 pps
sell usd/cad -743 pps
sell gbp/cad +322 pps


TOTAL closed: +449

Open positions:

sell eur/cad -500 pps 2008.11.03
buy cad/chf -166 pps 2008.11.03

Closed:
gbp/aud -618 pps
sell gbp/usd +1484 pps
sell usd/cad -743 pps
sell gbp/cad +322 pps
sell gbp/nzd -938 pps

TOTAL closed: -493

Open positions:

sell eur/cad -668 pps 2008.11.03
buy cad/chf -206 pps 2008.11.03

Closed:
gbp/aud -618 pps
sell gbp/usd +1484 pps
sell usd/cad -743 pps
sell gbp/cad +322 pps
sell gbp/nzd -938 pps

TOTAL closed: -493

Open positions:

buy cad/chf -206 pps 2008.11.03

Closed:
gbp/aud -618 pps
sell gbp/usd +1484 pps
sell usd/cad -743 pps
sell gbp/cad +322 pps
sell gbp/nzd -938 pps
sell eur/cad -934 pps

TOTAL closed: -1427

As a result of the loses I decided to change the value of the Kelters channel
to 80 - it seems to show less trades but more safe,
I will try it from now on

has broken up the new channel
so I entered long @2,7928

is the next pair which looks like ready to close above the 80 keltners channel today

I entered long @1,6119

I have to go to sleep and I belive it will close above the border of the channel , it has retraced and now broken up the TL

I moved sl to be

I put 250 pps trailing stop to protect smthg after tha last loses

closed +209pps

I am preparing to re enter long - i ccould be wrong - but hope for the retracement to finish soon

re entered long@ 2,8010

Open positions:

buy cad/chf -331 pps 2008.11.03
buy gbp/nzd +418 pps 2008.11.21
buy eur/cad -14 pps 2008.11.20

Closed:
gbp/aud -618 pps
sell gbp/usd +1484 pps
sell usd/cad -743 pps
sell gbp/cad +322 pps
sell gbp/nzd -938 pps
sell eur/cad -934 pps
buy gbp/nzd +209pps

TOTAL closed: -1218 pps