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Simplicity is the Key

  • #1,021
  • Mar 13, 2007 7:20pm Mar 13, 2007 7:20pm
OPEN Trades (3-13)
Pair-------open-----time Open----currently
23) S-USDCAD---1.1738----3-13 18:35 -- -2
--------------------------------------------
24) B-GBPUSD---1.9294----3-13 20:17 -- Just Opened
25) B-AUDUSD---0.7820----3-13 20:17 -- Just Opened
  • #1,022
  • Mar 13, 2007 7:27pm Mar 13, 2007 7:27pm
[quote=trader101;243287]OPEN Trades (3-13)
Pair-------open-----time Open----currently
23) S-USDCAD---1.1738----3-13 18:35 -- -4
--------------------------------------------
24) B-GBPUSD---1.9294----3-13 20:17 -- +3
25) B-AUDUSD---0.7820----3-13 20:17 -- -1
--------------------------------------------
26) B-NZDUSD---0.6867----3-13 20:25 -- Just Opened
  • #1,023
  • Mar 13, 2007 8:30pm Mar 13, 2007 8:30pm
OPEN Trades (3-13)
Pair-------open-----time Open----currently
24) B-GBPUSD---1.9294----3-13 20:17 -- +21
25) B-AUDUSD---0.7820----3-13 20:17 -- +6
26) B-NZDUSD---0.6867----3-13 20:25 -- +8

Closed
23) S-USDCAD---1.1738----3-13 18:35 -- Closed Loss -15

------------------------------------------------------
NET TOTAL FOR THE WEEK---- -248
------------------------------------------------------
  • #1,024
  • Mar 14, 2007 8:07am Mar 14, 2007 8:07am
This is it for me this week, i consider this a losing week, perhaps next week will bring a different kind of market that will be condusive to my trading system.
Regards
  • #1,025
  • Mar 15, 2007 8:35am Mar 15, 2007 8:35am
Now, after all the major news report are out, im back to some trading before the week ends. I thought i am done for the week, no, i m not... I notice this trade of all the JPY that perhaps can deliver pips on its reversal trend, i hope..

OPEN Trades (3-15)
Pair-------open-----time Open----currently
1) S-GBPJPY---226.94----3-15 09:18 --
2) S-EURJPY---154.98----3-15 09:18 --
3) S-USDJPY---117.20----3-15 09:19 --
4) S-AUDJPY---92.32-----3-15 09:19 --
5) S-CHFJPY---96.29-----3-15 09:19 --
6) S-CADJPY---99.63-----3-15 09:19 --
7) S-NZDJPY---81.11-----3-15 09:19 --
  • #1,026
  • Mar 15, 2007 8:59am Mar 15, 2007 8:59am
Not a reversal yet... I will wait for that reversal trend, perhaps today it might happend.
Cost me -59 pips for the false signal.

Closing all JPY Trades (3-15)
Pair-------open-----time Open----currently
1) S-GBPJPY---226.94----3-15 09:18 -- Closed Gain +14
2) S-EURJPY---154.98----3-15 09:18 -- Closed Loss -13
3) S-USDJPY---117.20----3-15 09:19 -- Closed Loss -4
4) S-AUDJPY---92.32-----3-15 09:19 -- Closed Loss -10
5) S-CHFJPY---96.29-----3-15 09:19 -- Closed Loss -13
6) S-CADJPY---99.63-----3-15 09:19 -- Closed Loss -14
7) S-NZDJPY---81.11-----3-15 09:19 -- Closed Loss -19

------------------------------------------------------
NET TOTAL FOR THE WEEK---- -307
------------------------------------------------------
  • #1,027
  • Mar 15, 2007 1:56pm Mar 15, 2007 1:56pm
Trader,

If you open several trades in correlated pairs aren't you increasing your risk level? If one goes wrong all will go wrong.

Of course if they go right you will be handsomely rewarded.

But if that is the case, why not open a trade in a single pair with bigger lots?
  • #1,028
  • Mar 15, 2007 4:59pm Mar 15, 2007 4:59pm
Quoting alcastro
Trader,

If you open several trades in correlated pairs aren't you increasing your risk level? If one goes wrong all will go wrong.

Of course if they go right you will be handsomely rewarded.

But if that is the case, why not open a trade in a single pair with bigger lots?
This is a testing process that should be tested to all pairs, the purposeof this process is not to gain more pips in trading more lots but to gain pips on pairs and for recording of data. If i am trading live i would definitely heed your advice.
Regards.
  • #1,029
  • Mar 15, 2007 5:04pm Mar 15, 2007 5:04pm
I am putting SHORT trades to all 7 pairs of JPYS at this moment. I will put the details later as i am only using a small mobile computer and its hard to type. I am again putting this signal into test. It is now giving me a reversal trend (SHORT) signal. Ihope we would be catching it now. Should it become a false signal will exit immediately.
  • #1,030
  • Mar 15, 2007 8:54pm Mar 15, 2007 8:54pm
A quick check on the charts of all jpy's look like we finally catch the reversal trend we will be having a hefty pips for all 7 jpy pairs. I wll fill the details of the trades later when i get to my desktop computer. This reversal to SHORT definitely last long not just for hours, this will last for days and might even extend till next week..If you trades on the jpy's cross pairs keep it till tommorrow.
  • #1,031
  • Mar 15, 2007 10:02pm Mar 15, 2007 10:02pm
Here are the details of the trades:

Pair------------open------time Open----currently
1) S-GBPJPY---227.48----3-15 17:39 -- +90
2) S-NZDJPY---81.71-----3-15 17:39 -- +53
3) S-CADJPY---99.83-----3-15 17:39 -- +39
4) S-AUDJPY---92.70-----3-15 17:40 -- +32
5) S-CHFJPY---96.48-----3-15 17:40 -- -14
6) S-EURJPY---115.52----3-15 17:40 -- +12
7) S-USDJPY---117.49----3-15 17:40 -- +61
  • #1,032
  • Mar 15, 2007 10:26pm Mar 15, 2007 10:26pm
Closing JPY's trades now.

Pair------------open------time Open----currently
1) S-GBPJPY---227.48----3-15 17:39 -- Closed Gain +88
2) S-NZDJPY---81.71-----3-15 17:39 -- Closed Gain +55
3) S-CADJPY---99.83-----3-15 17:39 -- Closed Gain +39
4) S-AUDJPY---92.70-----3-15 17:40 -- Closed Gain +31
5) S-CHFJPY---96.48-----3-15 17:40 -- Closed Loss -14
6) S-EURJPY---115.52----3-15 17:40 -- Closed Gain +12
7) S-USDJPY---117.49----3-15 17:40 -- Closed Gain +61

------------------------------------------------------
NET TOTAL FOR THE WEEK---- -35
------------------------------------------------------
  • #1,033
  • Mar 15, 2007 11:18pm Mar 15, 2007 11:18pm
REVERSE TRADES
Pair------------open------time Open----currently
1) B-NZDJPY---81.41-----3-16 00:03 --
2) B-GBPJPY---226.84-----3-16 00:03 --
3) B-AUDJPY---92.67------3-16 00:05 --
4) B-CADJPY---99.59------3-16 00:06 --
5) B-EURJPY---155.65-----3-16 00:06---
  • #1,034
  • Mar 15, 2007 11:21pm Mar 15, 2007 11:21pm
UPDATE
Pair------------open------time Open----currently
1) B-NZDJPY---81.41-----3-16 00:03 -- +2
2) B-GBPJPY---226.84-----3-16 00:03 -- +22
3) B-AUDJPY---92.67------3-16 00:05 -- +3
4) B-CADJPY---99.59------3-16 00:06 -- +1
5) B-EURJPY---155.65-----3-16 00:06--- +2
  • #1,035
  • Mar 15, 2007 11:46pm Mar 15, 2007 11:46pm
UPDATE -Closed trades
Pair------------open------time Open----currently
1) B-NZDJPY---81.41-----3-16 00:03 -- Closed BE 0
2) B-GBPJPY---226.84-----3-16 00:03 --Closed Gain +20
3) B-AUDJPY---92.67------3-16 00:05 --Closed Gain +4
4) B-CADJPY---99.59------3-16 00:06 -- Closed Gain +8
5) B-EURJPY---155.65-----3-16 00:06--- Closed Gain +4

------------------------------------------------------
NET TOTAL FOR THE WEEK---- +1
------------------------------------------------------
  • #1,036
  • Mar 16, 2007 12:45am Mar 16, 2007 12:45am
good job recouping your losses this week! keep up the good work!
  • #1,037
  • Mar 16, 2007 5:48am Mar 16, 2007 5:48am
Open Trades
Pair------------open------time Open----currently
6) B-EURUSD---1.3330-----3:16 06:19--
7) B-GBPUSD---1.9469-----3-16 06:19 --
8) B-AUDUSD---0.7955-----3-16 06:19 --
9) B-NZDUSD---0.6979-----3-16 06:20 --
10) S-USDCAD--1.1728-----3-16 06:20 --
11) B-GBPJPY---227.14-----3-16 06:24---
12) B-EURJPY---155.48-----3-16 06:24---
13) B-CHFJPY---96.84 -----3-16 06:25---
14) B-AUDJPY---92.81 -----3-16 06:25---
15) B-NZDJPY---81.40 -----3-16 06:26---
  • #1,038
  • Mar 16, 2007 5:57am Mar 16, 2007 5:57am
Quoting trader101

NET TOTAL FOR THE WEEK---- +1
Nice rally!
  • #1,039
  • Mar 16, 2007 6:42am Mar 16, 2007 6:42am
Open Trades
Pair------------open------time Open----currently
6) B-EURUSD---1.3330-----3:16 06:19-- +4
7) B-GBPUSD---1.9469-----3-16 06:19 -- +16
8) B-AUDUSD---0.7955-----3-16 06:19 -- -6
9) B-NZDUSD---0.6979-----3-16 06:20 -- -6
11) B-GBPJPY---227.14-----3-16 06:24--- -9
12) B-EURJPY---155.48-----3-16 06:24--- -9

Closed Trades
10) S-USDCAD--1.1728-----3-16 06:20 -- Stop Loss -15
13) B-CHFJPY---96.84 -----3-16 06:25--- Closed Gain +3
14) B-AUDJPY---92.81 -----3-16 06:25--- Closed Loss -4
15) B-NZDJPY---81.40 -----3-16 06:26--- Closed Loss -3


------------------------------------------------------
NET TOTAL FOR THE WEEK---- +18
------------------------------------------------------
  • #1,040
  • Mar 16, 2007 6:59am Mar 16, 2007 6:59am
Open Trades
Pair------------open------time Open----currently
6) B-EURUSD---1.3330-----3:16 06:19-- +4
7) B-GBPUSD---1.9469-----3-16 06:19 -- +16
8) B-AUDUSD---0.7955-----3-16 06:19 -- -6
9) B-NZDUSD---0.6979-----3-16 06:20 -- -6
12) B-EURJPY---155.48-----3-16 06:24--- -9

Closed Trades
11) B-GBPJPY---227.14-----3-16 06:24--- Closed BE 0

------------------------------------------------------
NET TOTAL FOR THE WEEK---- +18
------------------------------------------------------
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