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  • #21
  • Oct 23, 2009 8:50am Oct 23, 2009 8:50am
Quoting Arnold49
I second that,

if we could see your old trades it may shed some light into our dim world, & would give this thread some real value.

I'm not knocking the thread, but it could be a little more educational?

thanks,
Steve.
yes, for educational perpose!
Dancing with Candlesticks
  • #22
  • Oct 23, 2009 9:50am Oct 23, 2009 9:50am
Quote
Hi, DT
very great job!
thanks for sharing your achievement.
if possible, can you let us see your trade history, open trades from myfxbook.

Thanks again



Main account trades and analysis in this thread:

http://www.forexfactory.com/showthread.php?t=199926

This £20k-£200k account trading style/positions will not be discussed and are traded in a completely different manner to the main account.

At a later date this journal will discuss Equity curves/Risk/Reward ratios and trading psychology etc.
  • #23
  • Oct 23, 2009 10:12am Oct 23, 2009 10:12am
Maybe just a hint?
Since you're trading 2 accounts, I'm guessing it's kind of a hedge/grid system?
  • #24
  • Oct 23, 2009 10:51am Oct 23, 2009 10:51am
Quoting wilkinson
Maybe just a hint?
Since you're trading 2 accounts, I'm guessing it's kind of a hedge/grid system?
No hedge, no grid. Simple Price Action trades.
  • #25
  • Oct 23, 2009 1:35pm Oct 23, 2009 1:35pm
Quoting direct-trade
No hedge, no grid. Simple Price Action trades.
Ok. I'm impressed .
  • #26
  • Oct 24, 2009 10:12am Oct 24, 2009 10:12am
Excellent and keep up the great trading.

Hi Direct Trade

Just wondering why do you have two separate accounts for different sessions?
And also, I agree with the others...if you could show old trades perhaps some of us will be able to understand why you placed the trades looking at our own charts.
You would not have to explain your trades just show where they were.

As you say, you are trading price action so you would not be revealing an edge that would disappear over time even if everyone understood why you placed the trades.

Understand if you don't want to and once again well done.

Cheers J
  • #27
  • Oct 25, 2009 1:24am Oct 25, 2009 1:24am
im a trend trader,and use fibs,but mainly p/a for entries.your results are very good, great trading i dream too be half as good as you,ive made about 26% over the lat two months and that is good results for me.sure you will make your goal in a year and win that bet all the power too you
  • #28
  • Oct 25, 2009 5:26am Oct 25, 2009 5:26am
Quoting slimcat
Excellent and keep up the great trading.
Hi Direct Trade
Just wondering why do you have two separate accounts for different sessions?
I use two seperate accounts with Oanda, this is due to the fact that I trade both long and short during the day, but for example, if I am Long in the morning and enter Short in the afternoon whilst keeping the Long trade running, Oanda Nets the overall position...showing a zero position.

So, by having 2 subaccounts, I can Long in the afternoon for example and keep the trade running for 12 hours, but the next morning I can enter a quick Short trade in the other account, thereby enabling me to catch the small swings back and forth.



Quote


And also, I agree with the others...if you could show old trades perhaps some of us will be able to understand why you placed the trades looking at our own charts.
You would not have to explain your trades just show where they were.

As you say, you are trading price action so you would not be revealing an edge that would disappear over time even if everyone understood why you placed the trades.

Understand if you don't want to and once again well done.

Cheers J

I mention in the first post that I will not be discussing these trades. My normal trades used in my other main accounts can be followed in the threads mentioned in previous posts.

As already mentioned, this is a balance journal and will explain increasing/decreasing Risk/Reward during the equity curve, trading psychology during losing periods, my thoughts as the account passes 50k, 100k, 200k etc, BUT NOT the actual trades themselves.

Happy trades
  • #29
  • Oct 25, 2009 6:01am Oct 25, 2009 6:01am
Hi d-t,
Just a quick question about your broker,

I was looking at oandas website and there spread g/j is advertised at 4.5 and e/u 0.9

I am currently paying 8 pips to trade g/j and 2pips e/u... I think I might be changing my broker... would you recommend oanda?

Thanks Temps
  • #30
  • Oct 25, 2009 6:19am Oct 25, 2009 6:19am
I'm not d-t but use Oanda as well and can highly recommend them.
  • #31
  • Oct 25, 2009 6:22am Oct 25, 2009 6:22am
Quoting Xaron
I'm not d-t but use Oanda as well and can highly recommend them.
Thanks xaron sounds good
  • #32
  • Oct 25, 2009 7:18am Oct 25, 2009 7:18am
Thanks for the reply Direct Trade, have just read your other threads.
Quite obvious that you are an excellent trader.

I'm interested to know which service you are using to read the tape, cost etc etc. And are you using PA just to confirm what you see on the tape?

I see you live in the UK too, would you like a new best mate lol

Cheers J
  • #33
  • Oct 25, 2009 7:35am Oct 25, 2009 7:35am
Quoting Temps
Hi d-t,
Just a quick question about your broker,

I was looking at oandas website and there spread g/j is advertised at 4.5 and e/u 0.9

I am currently paying 8 pips to trade g/j and 2pips e/u... I think I might be changing my broker... would you recommend oanda?

Thanks Temps

Hi Temps,

I agree with Xaron.

Although I also use ECN's, I have used Oanda for around 4 years utilising and experimenting with various trading strategies, and have found them to be fair in all aspects, including withdrawals which only take a couple of days and have never been a problem.
  • #34
  • Edited 8:46am Oct 25, 2009 8:25am | Edited 8:46am
Hi DT,

I suspected you were a good trader - but this is awesome...

P.s. when you talk about tape reading - can you explain how you do that.

I've read some of Wyckoff's stuff but my understanding of the tape is the old ticker tape they used to use.
How do you translate the tickertape into forex trading.
  • #35
  • Oct 25, 2009 8:29am Oct 25, 2009 8:29am
Quoting direct-trade
Hi Temps,

I agree with Xaron.

Although I also use ECN's, I have used Oanda for around 4 years utilising and experimenting with various trading strategies, and have found them to be fair in all aspects, including withdrawals which only take a couple of days and have never been a problem.
Cheers buddy,
Will open an account this week,
Really enjoying the thread keep it up and best of luck!
  • #36
  • Oct 25, 2009 9:12am Oct 25, 2009 9:12am
I also use Oanda, but I'm looking for another Broker.

Why? Read Oanda's Risk Disclosure Agreement.

"
Your trading account is not insured under any state or Federal insurance program or by any other entity. "
  • #37
  • Oct 25, 2009 12:12pm Oct 25, 2009 12:12pm
Quoting pipnapper
I also use Oanda, but I'm looking for another Broker.

Why? Read Oanda's Risk Disclosure Agreement.

"
Your trading account is not insured under any state or Federal insurance program or by any other entity. "
Same for most market makers and ECN's.

Plenty of advice on the Broker Threads.

Thanks.
  • #38
  • Edited 1:12pm Oct 25, 2009 12:17pm | Edited 1:12pm
You now need a minimum of 1 vouch to post in this thread.

Im sure you understand.

Have a good weekend.
  • #39
  • Oct 25, 2009 12:26pm Oct 25, 2009 12:26pm
Quoting pipnapper
I also use Oanda, but I'm looking for another Broker.

Why? Read Oanda's Risk Disclosure Agreement.

"
Your trading account is not insured under any state or Federal insurance program or by any other entity. "

I don't "think" you have to worry about OandA and your money. I've had accounts with MBT and OandA. The only account I currently have is with OandA. Never had a problem.

Although nowadays you never know.....but I wouldn't let the "what ifs" hamper you from earning a few bucks in this market. By all means do your own due diligence though.
  • #40
  • Oct 25, 2009 1:14pm Oct 25, 2009 1:14pm
So true. Most of the "traders" out there won't need a withdrawal functionality anyway.
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