...or are you trading for a 50pip or so TP?
I know many expect the USDCAD to go up after the long running down trend now...
- #5,683
- Oct 28, 2009 2:39pm Oct 28, 2009 2:39pm
- | Commercial User | Joined Sep 2008 | 2,498 Posts
Long EUR/CAD anyone? USD/CAD wouldn't be all that bad either.
good luck
- #5,685
- Oct 28, 2009 2:53pm Oct 28, 2009 2:53pm
- | Commercial User | Joined Sep 2008 | 2,498 Posts
I hear you mate!
New Trade Opened - EUR/CAD @ 1.5879 (SL 1.5825, TP 1.5940). Move SL with 1hr kumo base, account equity in trade 0.5%
1938GMT.
Cheers, 4x
let it roll all night long
- #5,689
- Oct 28, 2009 2:59pm Oct 28, 2009 2:59pm
- | Commercial User | Joined Sep 2008 | 2,498 Posts
YES!
Vic=bloomin genius.
Steve
it seems after all the it is MM and RM what is gonna make us money
i hope the progress of the account keeps moving like this it will be a great experiment
wish you luck
- #5,693
- Edited 7:46pm Oct 28, 2009 3:41pm | Edited 7:46pm
- | Commercial User | Joined Sep 2008 | 2,498 Posts
Vic is there any chance you could post entries for your trades when you get them, its just the best thing that helps me understand, because If I see something and then someone confirms a trade, It helps make sure I made the right decision
No problem if its too much trouble, you have already done a lot for us all
, open a demo account and test yourself and your strategy for a month or 2 and then you will know if you are doing it right or not 
i'll not be able to post all the entries, as you can see from the account sheet i am in 10 positions
wishing you all the luck
- #5,694
- Oct 28, 2009 3:46pm Oct 28, 2009 3:46pm
- | Commercial User | Joined Sep 2008 | 2,498 Posts
Ah, ok - so those closed trades were when the stop loss was hit?
it is like Ichimoku decided when to enter so i let him also decides when i exit
i have to only care about my money, risk and manage it
good luck
- #5,695
- Oct 28, 2009 3:50pm Oct 28, 2009 3:50pm
- Joined Dec 2006 | Status: call me Kevin | 1,263 Posts
- #5,696
- Oct 28, 2009 3:53pm Oct 28, 2009 3:53pm
- | Commercial User | Joined Sep 2008 | 2,498 Posts
any body wanna fight 
- #5,697
- Edited 7:48pm Oct 28, 2009 3:57pm | Edited 7:48pm
- | Commercial User | Joined Sep 2008 | 2,498 Posts
- #5,698
- Oct 28, 2009 4:41pm Oct 28, 2009 4:41pm
Hi Kevin,
I think the point that you raise regarding Vic's trading method is a very valid consideration for all traders, especially new guys reading this thread.
Vic's method involves trading every signal that arises though given the longer TF he is using so it is more an issue of trade expectancy in this case. He will see his best and most accurate results from using this method by taking every signal that it produces.
This will provide the most accurate feedback on how successful this R:R and MM system will prove to be.
I'm looking forward to seeing how it also fares in a ranging market. At the moment whilst we are seeing a decent trend over the course of time we will see streamlines results and I think we will all be pleasantly surprised.
It does show one thing and that is by controlling your maximum losses and letting profits run you can afford to lose a lot more than you win to still make money
:
That's my 2 cents anyway and congrats to Vic for once again proving that RR and MM are the only factors that matter for real successful traders!
Cheers.
I think the point that you raise regarding Vic's trading method is a very valid consideration for all traders, especially new guys reading this thread.
Vic's method involves trading every signal that arises though given the longer TF he is using so it is more an issue of trade expectancy in this case. He will see his best and most accurate results from using this method by taking every signal that it produces.
This will provide the most accurate feedback on how successful this R:R and MM system will prove to be.
I'm looking forward to seeing how it also fares in a ranging market. At the moment whilst we are seeing a decent trend over the course of time we will see streamlines results and I think we will all be pleasantly surprised.
It does show one thing and that is by controlling your maximum losses and letting profits run you can afford to lose a lot more than you win to still make money
:That's my 2 cents anyway and congrats to Vic for once again proving that RR and MM are the only factors that matter for real successful traders!
Cheers.
- #5,699
- Oct 28, 2009 5:01pm Oct 28, 2009 5:01pm
- | Commercial User | Joined Sep 2008 | 2,498 Posts
My target was 50% increase in my account monthly .
at the moment i did it , but i'll let it run till the end to see how it will be after 1 month .
i have a certain number of money i want it to be in my account and gives me 50% each month only, am not looking for more than this profit, if this was real account then my month is done and i am on a vacation
at the moment i did it , but i'll let it run till the end to see how it will be after 1 month .
i have a certain number of money i want it to be in my account and gives me 50% each month only, am not looking for more than this profit, if this was real account then my month is done and i am on a vacation