Steviet's Live Trades! | Page 80 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Dukascopy Live Account - Don't Post if you haven't traded live with them! 117 replies

My Live Trades on my Live Account 588 replies

go live or bust ... diary of an fx live-trader-wannabe 1,621 replies

Trade 2 live accounts - one with full balance, 2nd as a live test? 0 replies

Oanda 10$ live acc quick-start guide (for newbie to trade live safe) 13 replies

Attachments: Steviet's Live Trades!
Exit Attachments

Steviet's Live Trades!

  • #1,581
  • Apr 13, 2007 1:39pm Apr 13, 2007 1:39pm
Steve

I have followed your trades for quite some time and I must say I admire you for sticking to the system.

I agree with others on the forum that it will be interesting to see the end result. The big difference between what you are doing and backtesting is that while you do the live trades there can not be any bias or the advantage of hind site.

Keep it up, we all hope for good results.
  • #1,582
  • Apr 13, 2007 2:00pm Apr 13, 2007 2:00pm
Hey thanks

You are right - hindsight is a wonderful thing isn't it

On my backtesting I was pretty harsh on myself and there were some tough periods through 2005 & 2006 when I would be feeling like I am now lol. So far, 2007 hasn't been great but you never know, it could turn out well by the end.

The annoying thing at the moment is that I've had a consistent run of trades that have been anything from 50 to 150 pips up at any given point and then I've ended up taking virtually nothing.

This is why I'm running a second, very similar system alongside that should even out the choppy periods that are difficult for the main system.

All in all I'm still in profit so something is going right and I'm sure things will go my way again soon. Current trades are up 190ish pips in GU, NU & AU - hope to bag some pips there come Monday - let's see lol.

Kind Regards
Steve


Quoting Silver
Steve

I have followed your trades for quite some time and I must say I admire you for sticking to the system.

I agree with others on the forum that it will be interesting to see the end result. The big difference between what you are doing and backtesting is that while you do the live trades there can not be any bias or the advantage of hind site.

Keep it up, we all hope for good results.
  • #1,583
  • Apr 13, 2007 3:12pm Apr 13, 2007 3:12pm
i see that the EJ & GJ are up, the dollar generally down so both yen and dollar are pretty weak right now. might explain the chart.

(last one for now, i promise!)


Quoting steviet
Correction,

GJ was actually stopped out for plus 14 pips at 235.00 not b/e.

Can't believe it's now trading at 236.50 again - would've still been in the trade on my complementary system but it looks like it's been another mad Friday.

Kind Regards
Steve
Attached Image
  • #1,584
  • Apr 13, 2007 3:18pm Apr 13, 2007 3:18pm
LOL,

Yup, both the yen & the dollar are down against all other currencies today - meanwhile UJ is currently 1 pip from where we started the day. I managed to lose 49 pips on long and currently minus 57 pips on a short.

What a master trader I'm turning out to be

Actually, all other trades have gone my way so here's to a weak dollar Monday & I can book some well deserved pips

Have a great weekend Iso - that reminds me - I was going to make a nice cup of tea

Kind Regards
Steve

Quoting Isotonic
i see that the EJ & GJ are up, the dollar generally down so both yen and dollar are pretty weak right now. might explain the chart.

(last one for now, i promise!)
  • #1,585
  • Apr 13, 2007 4:10pm Apr 13, 2007 4:10pm
OK, end of the week - 3 main trades open into the weekend....

AUDUSD long from 0.8291 (s/l 0.8276 guarantees minus 15 pips)
GBPUSD long from 1.9789 (s/l 1.9772 guarantees minus 17 pips)
NZDUSD long from 0.7299 (s/l 0.7299 guarantees break even)

Currently AU is plus 41, GU plus 71 & NU plus 75.

1 complementary system trade open.......

USDJPY short from 118.61 (s/l 120.61 guarantees minus 200 pips)

Have a good one peeps

Kind Regards
Steve
  • #1,586
  • Edited 12:35am Apr 14, 2007 12:00am | Edited 12:35am
Steve,

You already are an excellent trader because you follow your own rules. That is what makes them or breaks them. Keep up the good work.

IF you wouldn't mind, I would like to post some daily calls here. I also need the discipline of following my own rules.

While I tend to close my daily trades on Fridays, sometimes I do not. It depends on what the H4 is telling me. I can share with you my system in general in the future if you think it will help.

In the meantime, put the following 2 MAs on your chart. They may help refine some of your entries or exits.

1. Period 1
Method: Exponential
Apply: Median Price (HL/2)

2. Period 1
Method: Linear Weighted
Apply: Typical Price (HLCC/3)

I will share some other "goodies" along the way.

Ken
COTtrader

Attached: Pix of the two MAs
Attached Image (click to enlarge)
Click to Enlarge Name: Daily_Woodie_JMA.jpg Size: 72 KB
Attached File(s)
File Type: mq4 TripleCCI_Woodies-JMA.mq4   9 KB | 438 downloads
Decisions Determine Destiny -
  • #1,587
  • Apr 14, 2007 4:44am Apr 14, 2007 4:44am
i think you need to get steve's permission first, otherwise why not start your own thread?

i try to make sure i don't over do it in his thread...
  • #1,588
  • Apr 14, 2007 6:41am Apr 14, 2007 6:41am
Hi Ken

Thanks for your post and I wish you every success in your trading.

Iso is right - this thread is for my journal only and any questions pertaining to my trades or method. He is a trader of experience & anything he adds here is extremely valuable to me - he has his own system looking for breakouts but also gives his time freely to help newbies like me

If you would like to start your own journal then you can make your own thread - hopefully you will find that it does indeed help you follow your rules. It's a little painful posting the losers lol but as long as you're profitable overall that's what counts!

Good luck & I look forward to reading how you are getting on in your own thread

Kind Regards
Steve

Quoting COTtrader
Steve,

You already are an excellent trader because you follow your own rules. That is what makes them or breaks them. Keep up the good work.

IF you wouldn't mind, I would like to post some daily calls here. I also need the discipline of following my own rules.

While I tend to close my daily trades on Fridays, sometimes I do not. It depends on what the H4 is telling me. I can share with you my system in general in the future if you think it will help.

In the meantime, put the following 2 MAs on your chart. They may help refine some of your entries or exits.

1. Period 1
Method: Exponential
Apply: Median Price (HL/2)

2. Period 1
Method: Linear Weighted
Apply: Typical Price (HLCC/3)

I will share some other "goodies" along the way.

Ken
COTtrader

Attached: Pix of the two MAs
  • #1,589
  • Apr 16, 2007 1:49am Apr 16, 2007 1:49am
OK, I didn't have access to the factory last night but here is my trade update. Three trades were carried over the weekend & I have now moved s/l on GU to break even....

GBPUSD long from 1.9789 (s/l 1.9789 guarantees b/e)
AUDUSD long from 0.8291 (s/l 0.8276 guarantees minus 15 pips)
NZDUSD long from 0.7299 (s/l 0.7299 guarantees b/e)

Two new trades were opened on the main system....

GBPJPY long from 237.01 (s/l 234.56 guarantees minus 245 pips)
USDJPY short from 119.32 (s/l 119.65 guarantees minus 33 pips)

Unfortunately UJ stopped out (current high 119.67!) for minus 33 pips.
GJ has been as much as plus 82 - once it hits plus 100, s/l will be brought to break even - hoping to see 238 today.

One more trade carried over from the weekend on the complementary system...

USDJPY short from 118.61 (s/l 120.61 guarantees minus 200 pips)

Happy trading peeps!

Kind Regards
Steve
  • #1,590
  • Apr 16, 2007 5:01pm Apr 16, 2007 5:01pm
OK, 4 trades still on using main system....

GBPJPY long from 237.01 (s/l 237.01 guarantees b/e)
AUDUSD long from 0.8291 (s/l 0.8301 guarantees plus 10 pips)
GBPUSD long from 1.9789 (s/l 1.9844 guarantees plus 55 pips)
NZDUSD long from 0.7299 (s/l 0.7369 guarantees plus 70 pips)

New main trade system....

USDJPY long from 119.74 (s/l 118.89 guarantees minus 85 pips)

Existing complimentary trade system...

USDJPY short from 118.61 (s/l 120.61 guarantees minus 200 pips)

Kind Regards
Steve
  • #1,591
  • Apr 16, 2007 6:01pm Apr 16, 2007 6:01pm
have a go with gbp/aud, this pair also moves like crazy bull. bull candlestick has shown yesterday(almost engulfing), so might be LONG from here?
  • #1,592
  • Apr 17, 2007 1:22am Apr 17, 2007 1:22am
Hi

Unfortunately, my broker doesn't offer GBPAUD

Kind Regards
Steve

Quoting nurhazeerah
have a go with gbp/aud, this pair also moves like crazy bull. bull candlestick has shown yesterday(almost engulfing), so might be LONG from here?
  • #1,593
  • Apr 17, 2007 5:22am Apr 17, 2007 5:22am
with your nice techniques, gbp/aud is in 100pips in favour with my trade
  • #1,594
  • Apr 17, 2007 10:15am Apr 17, 2007 10:15am
You should be locking in some pips now
  • #1,595
  • Apr 17, 2007 11:21am Apr 17, 2007 11:21am
Hmm,

USDJPY long closed out for minus 85 pips...............however

Main system

GBPJPY long from 237.01 (s/l 238.01 guarantees plus 100 pips)
GBPUSD long from 1.9789 (s/l 1.9889 guarantees plus 100 pips)
AUDUSD long from 0.8291 (s/l 1.8301 guarantees plus 10 pips)
NZDUSD long from 0.7299 (s/l 0.7369 guarantees plus 70 pips)

So, we have 280 pips locked in there & currently these positions are up around 620 pips so would be nice to lock in some more as they progress.

One complementary system trade open - UJ short from 118.61 (entered way too early) but is currently minus 47 pips.

All in all, had worse days

Kind Regards
Steve

Quoting turbokaos
You should be locking in some pips now
  • #1,596
  • Apr 17, 2007 11:23am Apr 17, 2007 11:23am
Excellent! I think anything with GBP has gone pretty well today

Kind Regards
Steve

Quoting nurhazeerah
with your nice techniques, gbp/aud is in 100pips in favour with my trade
  • #1,597
  • Apr 17, 2007 4:06pm Apr 17, 2007 4:06pm
OK, 4 trades still running on the main system....

GBPJPY long from 237.01 (s/l 238.01 guarantees plus 100 pips)
AUDUSD long from 0.8291 (s/l 0.8304 guarantees plus 13 pips)
GBPUSD long from 1.9789 (s/l 1.9889 guarantees plus 100 pips)
NZDUSD long from 0.7299 (s/l 0.7369 guarantees plus 70 pips)

New main trade....

USDJPY short from 118.91 (s/l 119.91 guarantees minus 100 pips)

Existing complementary trade...

USDJPY short from 118.61 (s/l 120.07 guarantees minus 146 pips)

Kind Regards
Steve
  • #1,598
  • Edited 1:42am Apr 18, 2007 1:14am | Edited 1:42am
OK, GBPJPY long from 237.01 was stopped out overnight for plus 100 pips. Hmm, just noticed todays low is at 238.01 lol - always the way.

I've also been able to move stop loss on GBPUSD long from 1.9789 to 1.9989 - that's 200 pips locked in there.

Been a good week so far and have managed to claw back some recent losses.

Kind Regards
Steve
  • #1,599
  • Apr 18, 2007 7:49am Apr 18, 2007 7:49am
Hi Steviet,

I know that your broker don't provide Trailing Stop. However, if the do provide it, will you set your Trailing Stop to 100 pips for GBPUSD and GBPJPY, or you will still prefer to move the SL manuelly for every 100 pips profit?

Please kindly share.

Regards,

hksweeper
  • #1,600
  • Apr 18, 2007 11:57am Apr 18, 2007 11:57am
Hi,

I think I would stay as it is even if a trailing stop facility was offered. These pairs have quite a lot of volatility as you know and I'd be in and out of trades too often.

What I could do in the future is to mirror my actual trades with demo trades to forward test but my feeling would be to stay as is.

Kind Regards
Steve

Quoting hksweeper
Hi Steviet,

I know that your broker don't provide Trailing Stop. However, if the do provide it, will you set your Trailing Stop to 100 pips for GBPUSD and GBPJPY, or you will still prefer to move the SL manuelly for every 100 pips profit?

Please kindly share.

Regards,

hksweeper
4 traders viewing now