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Simplicity is the Key

  • #1,541
  • Apr 11, 2007 7:29pm Apr 11, 2007 7:29pm
yes,i am always aware of when news comes out-a must when trading-the jpy news went against us at 7:50 but this happens-i love to trade the news but only with tight stops-it is the gambling portion of my account with only 1 lot and only if i have 100 pips for the week-currently have +163- hope to be still in when news comes around-thanks for the heads up-much appreciated
  • #1,542
  • Apr 11, 2007 7:41pm Apr 11, 2007 7:41pm
0039 GMT [Dow Jones] AUD/JPY may get boost up if Australian March jobs data better than expected, says JP Morgan Chase's Tohru Sasaki; strong job data may strengthen expectations of rate hike next month. Pair likely to target 100 in next 2 months, he adds. Weaker-than-expected data today might slightly delay rise but target likely to remain unchanged; overall expectations for strong AUD, weak JPY based on rate differentials remain unchanged, he says. Dow Jones survey tips Australia's March employment +15,000 vs +22,000 in February; unemployment rate expected unchanged at 4.6%. Pair last at 98.43. (VAU)
Contact us in Singapore. 65 64154 140; [email protected] (END) Dow Jones Newswires
April 11, 2007 20:39 ET (00:39 GMT)
  • #1,543
  • Apr 11, 2007 7:50pm Apr 11, 2007 7:50pm
thank you for sharing that info-maybe,just maybe a glimmer of hope in the news report-we shall see
  • #1,544
  • Apr 11, 2007 8:38pm Apr 11, 2007 8:38pm
Quoting cobra1
thank you for sharing that info-maybe,just maybe a glimmer of hope in the news report-we shall see
You are a winner .. bro.. your the man
  • #1,545
  • Apr 11, 2007 8:51pm Apr 11, 2007 8:51pm
aud +17-hit limit-nzd still in, currently -8
  • #1,546
  • Apr 11, 2007 8:58pm Apr 11, 2007 8:58pm
Trader,

I'm new to FF and just came across your thread. Can't say I read all 1,545 posts... but I did hit about 800 or so. Definately worth the read! You've done a great job... keep it going!

It's good to have a role model out there for the rest of us who are still "aspiring"... thanks again!

...AggieTrader...
  • #1,547
  • Apr 11, 2007 9:03pm Apr 11, 2007 9:03pm
NEW TRADES 4-10-07(10:00pm)
19. BUY GBPJPY @MP
20. BUY NZDJPY @MP
21. BUY EURJPY @MP
22. BUY USDJPY @MP
23. BUY CHFJPY @MP
24. BUY AUDJPY @MP
SL 35+SPREAD
TP-TBA
  • #1,548
  • Apr 11, 2007 9:07pm Apr 11, 2007 9:07pm
NEW TRADES 4-10-07(10:00pm)
19. BUY GBPJPY @235.83
20. BUY NZDJPY @86.97
21. BUY EURJPY @160.68
22. BUY USDJPY @119.41
23. BUY CHFJPY @97.81
24. BUY AUDJPY @98.62
SL 35+SPREAD
TP-TBA
  • #1,549
  • Apr 11, 2007 9:08pm Apr 11, 2007 9:08pm
Quoting trader101
NEW TRADES 4-10-07(10:00pm)
19. BUY GBPJPY @MP
20. BUY NZDJPY @MP
21. BUY EURJPY @MP
22. BUY USDJPY @MP
23. BUY CHFJPY @MP
24. BUY AUDJPY @MP
SL 35+SPREAD
TP-TBA
Sorry I went agaist you on this one. I think itdid a nice jump because of the news. Just my opinon.
  • #1,550
  • Apr 11, 2007 9:24pm Apr 11, 2007 9:24pm
Quoting jonesla9
Sorry I went agaist you on this one. I think itdid a nice jump because of the news. Just my opinon.

that's really very good to have little debate even with the pro...
trader101 we always trust your trades, me also i see the long side till 8am london time...see what happens....
  • #1,551
  • Apr 11, 2007 9:41pm Apr 11, 2007 9:41pm
Quoting anahada
that's really very good to have little debate even with the pro...
trader101 we always trust your trades, me also i see the long side till 8am london time...see what happens....

Not trying to debate, I just held those positions for one 30min candle and I have now reversed my position and now back in the same direction as trader101, just played the other way because of the news.
  • #1,552
  • Apr 11, 2007 9:49pm Apr 11, 2007 9:49pm
Quoting trader101
Thank you Sir.. i think i am just getting lucky sometimes. It has no name yet, I am thinking of naming it the "THE THEORY OF SIMPLICITY" or "SIMPLICITY THEORY" which of these two sound better?? The whole system is a combination of systems i develop for scalping, swing and signalling. It is based on the quadrantal position of the market price at the analysis then i created a theoritical path that differs from pair to pairs and time of trading. It is not correct all the time because everything is theoritical, sometimes i made 3 trials before hitting the correct theritical path, that is why i use a tracer (demo) account in the beginning that will guide my real account to the correct path of the price action. It becomes complicated now...
Trader1 - man..I would hate to see it get complicated! I hope you do reveal your method some day, for our sakes, but I wouldn't blame you if you don't. Great stuff.

- Dan
  • #1,553
  • Apr 11, 2007 11:01pm Apr 11, 2007 11:01pm
Closing Trade #20. BUY NZDJPY @86.97 ONLY


NEW TRADES 4-10-07(10:00pm)
19. BUY GBPJPY @235.83 Currently +12
20. BUY NZDJPY @86.97 Closed Loss -20
21. BUY EURJPY @160.68 Currently +10
22. BUY USDJPY @119.41 Currently -1
23. BUY CHFJPY @97.81 Currently -2
24. BUY AUDJPY @98.62 Currently -9
SL 35+SPREAD
TP-TBA
  • #1,554
  • Apr 11, 2007 11:09pm Apr 11, 2007 11:09pm
Closing Trade #24. BUY AUDJPY @98.62 ONLY


NEW TRADES 4-10-07(10:00pm)
19. BUY GBPJPY @235.83 Currently +12
20. BUY NZDJPY @86.97 Closed Loss -20
21. BUY EURJPY @160.68 Currently +10
22. BUY USDJPY @119.41 Currently -1
23. BUY CHFJPY @97.81 Currently -2
24. BUY AUDJPY @98.62 Closed Loss -18
SL 35+SPREAD
TP-TBA[/quote]
  • #1,555
  • Apr 11, 2007 11:14pm Apr 11, 2007 11:14pm
Add new trades
Trade #25. SELL NZDUSD @MP
Trase #26. SELL AUDUSD @MP

NEW TRADES 4-10-07(10:00pm)
19. BUY GBPJPY @235.83 Currently +12
20. BUY NZDJPY @86.97 Closed Loss -20
21. BUY EURJPY @160.68 Currently +10
22. BUY USDJPY @119.41 Currently -1
23. BUY CHFJPY @97.81 Currently -2
24. BUY AUDJPY @98.62 Closed Loss -18


SL 35+SPREAD
TP-TBA
  • #1,556
  • Apr 11, 2007 11:17pm Apr 11, 2007 11:17pm
trades UPDATES
NEW TRADES 4-10-07(10:00pm)
19. BUY GBPJPY @235.83 Currently +12
20. BUY NZDJPY @86.97 Closed Loss -20
21. BUY EURJPY @160.68 Currently +10
22. BUY USDJPY @119.41 Currently -1
23. BUY CHFJPY @97.81 Currently -2
24. BUY AUDJPY @98.62 Closed Loss -18
25. SELL NZDUSD @.7267
26. SELL AUDUSD @.8248
SL 35+SPREAD
TP-TBA
  • #1,557
  • Apr 12, 2007 3:47am Apr 12, 2007 3:47am
CLOSING ALL TRADES

NEW TRADES 4-10-07(10:00pm)
19. BUY GBPJPY @235.83 Loss -5
20. BUY NZDJPY @86.97 Closed Loss -20
21. BUY EURJPY @160.68 Profit +4
22. BUY USDJPY @119.41 Loss -5
23. BUY CHFJPY @97.81 Profit +8
24. BUY AUDJPY @98.62 Closed Loss -18
25. SELL NZDUSD @.7267 Loss -4
26. SELL AUDUSD @.8248 Loss -12
Net Total -------- -52
----------------------------------------
  • #1,558
  • Apr 12, 2007 3:49am Apr 12, 2007 3:49am
PIP TALLY FOR THE WEEK

Tuesday ----103 pips
Wednesday--166 pips
Today------ -52 pips
----------------------------------
  • #1,559
  • Apr 12, 2007 5:29am Apr 12, 2007 5:29am
No profittable trade on the horizon. Im afraid we wont be trading any swing today. Thanks
  • #1,560
  • Apr 12, 2007 5:49am Apr 12, 2007 5:49am
Thanks Trader 101.

yano125
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