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Minimum 100 pips a week...

  • #1
  • First Post: Edited Feb 10, 2011 1:14pm Feb 2, 2011 11:41pm | Edited Feb 10, 2011 1:14pm
Dear friends, I will be sharing here my trades with you and see if I survive long enough making 100 pips weekly. Sharing my trades and performance with you will make me better at controlling my self and not entering a market at the wrong time.

My first trade. Buy NZD/USD at 0.7724 Stop loss 0.7624 Target 0.7746 If the trade goes against me I add another small position. I know that my stop loss is big and some people will think that I'm crazy, but I only put stop loss to protect my account in case something crazy happens with the market.
Lybi lydey, lybi vragov.
  • #2
  • Feb 3, 2011 2:21am Feb 3, 2011 2:21am
Quoting Pip Maker
Dear friends, I will be sharing here my trades with you and see if I survive long enough making 100 pips weekly. Sharing my trades and performance with you will make me better at controlling my self and not entering a market at the wrong time.

My first trade. Buy NZD/USD at 0.7724 Stop loss 0.7624 Target 0.7746 If the trade goes against me I add another small position. I know that my stop loss is big and some people will think that I'm crazy, but I only put stop loss to protect my account in case something crazy happens with the market.
Good luck..
  • #3
  • Feb 3, 2011 11:47am Feb 3, 2011 11:47am
Still going long on NZD/USD
ADDING NEW POSITIONS:
EUR/JPY Buy at 111.23 Stop Loss 110.23 Target 111.46
EUR/USD Buy at 1.3650 Stop Loss 1.3550 Target 1.3669
Lybi lydey, lybi vragov.
  • #4
  • Edited 2:18am Feb 4, 2011 1:41am | Edited 2:18am
NZD/USD hit target +22 pips
EUR/JPY position still open
EUR/USD position open, now -18 but I opened another position for eur/usd to buy.
Made 10 pips on GBP/USD so thats +32 pips so far for this week.
Lybi lydey, lybi vragov.
  • #5
  • Feb 4, 2011 1:43am Feb 4, 2011 1:43am
Quoting microsuck_36
Good luck..
Thank you for your support
Lybi lydey, lybi vragov.
  • #6
  • Feb 4, 2011 2:21am Feb 4, 2011 2:21am
Quoting Pip Maker
NZD/USD hit target +22 pips
EUR/JPY position still open
EUR/USD position open, now -18 but I opened another position for eur/usd to buy.
Made 10 pips on GBP/USD so thats +32 pips so far for this week.
HI , Thanks you man , Great support . Keep going on.
I am with you.
Hope too make it great togeather
A little beginner trader since 2006
  • #7
  • Feb 4, 2011 3:05am Feb 4, 2011 3:05am
Quoting Naseri13
HI , Thanks you man , Great support . Keep going on.
I am with you.
Hope too make it great togeather
Thank you for your support , its easier to move together in the same direction.
Lybi lydey, lybi vragov.
  • #8
  • Feb 4, 2011 12:17pm Feb 4, 2011 12:17pm
WEEKLY PERFORMANCE:
NZD/USD +22
EUR/JPY +28
EUR/USD +19 and second position + 40
GBP/JPY +31
TOTAL PIPS 140

Done for the week.

New Orders for Next Week
GBP/JPY sell at 132.43 Stop Loss 133.53 Target 132.12
USD/JPY sell at 82.37 Stop Loss 83.41 Target 82.04
Lybi lydey, lybi vragov.
  • #9
  • Feb 6, 2011 6:36pm Feb 6, 2011 6:36pm
I am going to close 2 of my positions that I opened on Friday which is GBP/JPY and USD/JPY which didn't hit the target yet but in order to teach my self and escape the greed, I will close it with about +30 pips for both positions. Good enough for one day, I still have one week to finish my weekly goal.
Lybi lydey, lybi vragov.
  • #10
  • Edited 3:24am Feb 7, 2011 2:09am | Edited 3:24am
Sell EUR/USD at 1.3591 targeting for about 10-15 pips (had 2 positions, closed +40)
Sell NZD/USD at 0.7682 Stop 0.7788 Target 0.7660 if nzd/usd goes agains us 20 or more pips I open another position for sell. (still open)
Buy GBP/USD 1.6171 target 10-15 pips (still open)
Sell GBP/JPY 133.07 Stop 134.07 Target 132.75 (Closed with +11)
Lybi lydey, lybi vragov.
  • #11
  • Edited 3:56am Feb 7, 2011 3:20am | Edited 3:56am
My EUR/USD went against me 30 pips so I opened another position for sell and it went up so I closed 2 positions for total of 40 pips. 1 position 35 pips the other one 5 pips.

Also earlier closed GBP/JPY and USD/JPY total for 30 pips
Closed the GBP/JPY position with +11 pips
Total pips for the week 80

I am re-opening this order Sell GBP/JPY 133.07 Stop 134.07 Target 132.75 (Closed with +11) closed it with 11 pips profit but I am re-opening it again and looking for target at about 132.55 hopefully it will reach by the morning.

BUY EUR/USD at 1.3596 Stop Loss 1.3396 Target 1.3700 I will open more positions if it starts going against me.
Lybi lydey, lybi vragov.
  • #12
  • Edited 2:53pm Feb 7, 2011 2:19pm | Edited 2:53pm
I am re-opening this order Sell GBP/JPY 133.07 Stop 134.07 Target 132.75 (Closed with +11) closed it with 11 pips profit but I am re-opening it again and looking for target at about 132.55 hopefully it will reach by the morning. Hit target +45 pips.

Entered a new position Sell USD/JPY 82.26 Stop 84.26 Target 81.26

Total pips for the week +125

Currently opened positions:
NZD/USD, went against me 31 pips so I opened another lot
GBP/USD went against me 50 pips so I opened another lot
EUR/USD targeting 100 pips
USD/JPY targeting 100 pips

TIPS: Right now nzd/usd is 20-30 pips negative, I opened another lot for sell, so when I will have about 0 on the first lost, means I will have about +20/30 on the second lot and I can close both positions or wait longer, this is what I do most of the time.
Lybi lydey, lybi vragov.
  • #13
  • Edited 1:38am Feb 8, 2011 1:27am | Edited 1:38am
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd.gif Size: 23 KB

I closed my eur/usd position +46, I might re-open after retracement, but I believe it still has long way to go up.

Total pips for the week +171
Lybi lydey, lybi vragov.
  • #14
  • Edited 1:18pm Feb 8, 2011 3:32am | Edited 1:18pm
Sell USD/JPY 82.26 Stop 84.26 Target 81.26 CHANGED TARGET TO 81.80
Target hit +56 pips

NZD/USD first position hit stop loss -100, forgot to remove the stop loss. I have 2 more positions open for nzd/usd one negative one positive, I will wait to close those in profit.

Total for the week +127
Lybi lydey, lybi vragov.
  • #15
  • Feb 8, 2011 4:25pm Feb 8, 2011 4:25pm
Hi there,

is it ok to take your trades or is that a no-no?

If they work you could become a 'guru'

regards
  • #16
  • Feb 8, 2011 4:47pm Feb 8, 2011 4:47pm
Quoting damo76
Hi there,

is it ok to take your trades or is that a no-no?

If they work you could become a 'guru'

regards
I am not responsible for any loss happening in your account, however I had only one loss -100 stop loss hit so far since I have started my thread, this thread is made to make myself follow my rules strickly and avoid wrong time entering the market. I am learning to keep my eye more on 4H now not only 1H so I don't care if you follow my signals or no as long as I am not responsible for any losses.

Total for the week +127
Lybi lydey, lybi vragov.
  • #17
  • Feb 8, 2011 5:33pm Feb 8, 2011 5:33pm
I have 3 positions open for NZD/USD -43, -6, +20 I will close them all once I will be in plus if I close all of them.

I currently have 3 gbp/usd open -107, -60, -10 I will close them all once I will be in profit, I wanted to close them down when I had -13 one position and +39 the other one, and I don't know why I forgot to put stop loss but anyways am waiting to pullback.
Lybi lydey, lybi vragov.
  • #18
  • Feb 8, 2011 7:19pm Feb 8, 2011 7:19pm
Closed 3 NZD/USD positions, -14, +23, +49 = +58

Total pips for the week 185
Lybi lydey, lybi vragov.
  • #19
  • Feb 9, 2011 2:37am Feb 9, 2011 2:37am
Right now Im watching gbp/usd, I have 3 positions open -78, -31, +20 so once I will be in profit I will close all 3 positions.

Currently I am staying away from opening new positions. Not a good time for me. Im guessing more positions will open somewhere in the morning.

UPDATE: Actually there is a chance to get in to position which I won't miss. Sell USD/CHF at 0.9642 Target 0.9602
Lybi lydey, lybi vragov.
  • #20
  • Edited 1:40pm Feb 9, 2011 1:17pm | Edited 1:40pm
Sell USD/CHF at 0.9642 Target 0.9602
Target Hit +40 pips
Total for the week +225

NEW Position Sell EUR/JPY at 113.01 Target 112.70, as you know, opening more lots as it goes agains us.
NEW Position Sell EUR/USD at 1.3726 Target 1.3680

Current positions for GBP/USD -62, -15, +37, I'll see if I can close it at break even tho my goal for the week is finished.
Lybi lydey, lybi vragov.
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