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Pro Swing Trading

  • #2,541
  • Mar 15, 2011 7:39am Mar 15, 2011 7:39am
+50 and +125 on Trade and I'm out
  • #2,542
  • Mar 15, 2011 9:50am Mar 15, 2011 9:50am
Quoting FXAdvice
both targets hitted
Thanks nick. Great GOLD signal, great call n great result! Keep on coming!
  • #2,543
  • Mar 15, 2011 1:35pm Mar 15, 2011 1:35pm
Quoting conasounga
+50 and +125 on Trade and I'm out
Good job brother
  • #2,544
  • Mar 16, 2011 10:25am Mar 16, 2011 10:25am
Hi,

European stock markets dropped sharply in afternoon trading Wednesday, extending losses after reported comments from a European Union energy official saying that the situation at Japan's Fukushima Daiichi nuclear plant was out of control and that there could be possible catastrophic events.
  • #2,545
  • Mar 16, 2011 4:46pm Mar 16, 2011 4:46pm
JPY gonna crazy... more than 400 pips move on U/J!!!

Fears that Japan is facing a nuclear catastrophe swept through markets Wednesday and pulled the financial sector down by nearly 2%.
  • #2,546
  • Mar 16, 2011 6:25pm Mar 16, 2011 6:25pm
Quoting FXAdvice
JPY gonna crazy... more than 400 pips move on U/J!!!

Fears that Japan is facing a nuclear catastrophe swept through markets Wednesday and pulled the financial sector down by nearly 2%.
  • #2,547
  • Mar 16, 2011 7:45pm Mar 16, 2011 7:45pm
Quoting FXAdvice
JPY gonna crazy... more than 400 pips move on U/J!!!

Fears that Japan is facing a nuclear catastrophe swept through markets Wednesday and pulled the financial sector down by nearly 2%.
Very unfortunate silver signal. Nevertheless, there will be +ve pips days/weeks ahead for us, hopefully...
  • #2,548
  • Mar 17, 2011 2:51pm Mar 17, 2011 2:51pm
Hi,

Lets see how bear work for us on cable
  • #2,549
  • Mar 18, 2011 2:57am Mar 18, 2011 2:57am
Quoting FXAdvice
Hi,

Lets see how bear work for us on cable
Another crazy Asian market but this time good for us... Cable hit our TP1 don't forget to manage your trades.
  • #2,550
  • Mar 18, 2011 5:58pm Mar 18, 2011 5:58pm
Hi,

Market was crazy this week because of japan's chaos but we had great result, I hope you have great weekend.

Cheers
Nick
  • #2,551
  • Mar 21, 2011 5:11am Mar 21, 2011 5:11am
Morning,

I hope you had great weekend and be ready for new pips hunting.

Cheers
Nick
  • #2,552
  • Mar 22, 2011 9:01am Mar 22, 2011 9:01am
Quoting FXAdvice
Morning,

I hope you had great weekend and be ready for new pips hunting.

Cheers
Nick
hi

can u post your results for the past year on EU and GU ?


thanks
  • #2,553
  • Mar 22, 2011 9:33am Mar 22, 2011 9:33am
dang!
30 days no fxpro!!!!
back in the saddle!!!!
if i used every commercial EA i would be a brazilianare by next week!!!!
  • #2,554
  • Mar 22, 2011 10:59am Mar 22, 2011 10:59am
Quoting whatfx
hi

can u post your results for the past year on EU and GU ?


thanks
hi, sorry if I post wrong.


I suggest you check his web results first, did you?
+
only gu and eu is not the way to trade, to achieve this results you must trade all signals - this is diversification.
No crystal ball. I read the cards.
  • #2,555
  • Mar 22, 2011 12:45pm Mar 22, 2011 12:45pm
Been with FXAdvice for a few months now since last year.

My account is making good profit from the signals.

Just some advice for those that concerned over entry and exits given.

I have a system where you set the first trade to enter at the worst entry and worst exit.
Then make the second trade half way between the best and worst entry, and the best exit.

e.g. If entry was 1.6400 - 1.6410, then I would set one position for entry of 1.6400, and the second position for 1.6405.

Dont forget also that sometimes when the trade goes against position for a while, you have good opportunity to enter another smaller position and exit that just past entry.

In my book, you cant really beat these signals.


Oh yeah and thank you Nick!
  • #2,556
  • Mar 23, 2011 3:43am Mar 23, 2011 3:43am
Quoting fry2010
Been with FXAdvice for a few months now since last year.

My account is making good profit from the signals.

Just some advice for those that concerned over entry and exits given.

I have a system where you set the first trade to enter at the worst entry and worst exit.
Then make the second trade half way between the best and worst entry, and the best exit.

e.g. If entry was 1.6400 - 1.6410, then I would set one position for entry of 1.6400, and the second position for 1.6405.

Dont forget also that sometimes when the trade goes against...
Thanks brother for sharing your idea
  • #2,557
  • Mar 23, 2011 4:55am Mar 23, 2011 4:55am
Quoting fry2010
Been with FXAdvice for a few months now since last year.

My account is making good profit from the signals.

Just some advice for those that concerned over entry and exits given.

I have a system where you set the first trade to enter at the worst entry and worst exit.
Then make the second trade half way between the best and worst entry, and the best exit.

e.g. If entry was 1.6400 - 1.6410, then I would set one position for entry of 1.6400, and the second position for 1.6405.

Dont forget also that sometimes when the trade goes against...

not sure what u mean ? can u explain with examples....

and some results on this method...


thanks
  • #2,558
  • Mar 23, 2011 5:00am Mar 23, 2011 5:00am
He means that he splits the order. So if he intend to risk 1% for the trade , and the etnry for short is at the range 6010-6000, he enters at 6000 with half of the position. If the TP is hit the second order at 6010 is removed. Thus he can be sure to get into the trade but with smaller position. Im not sure if he uses the same method for exit.
  • #2,559
  • Mar 23, 2011 9:01am Mar 23, 2011 9:01am
Quoting fry2010
Been with FXAdvice for a few months now since last year.

My account is making good profit from the signals.

Just some advice for those that concerned over entry and exits given.

I have a system where you set the first trade to enter at the worst entry and worst exit.
Then make the second trade half way between the best and worst entry, and the best exit.

e.g. If entry was 1.6400 - 1.6410, then I would set one position for entry of 1.6400, and the second position for 1.6405.

Dont forget also that sometimes when the trade goes against...
Interesting method. Especially the part about opening a position when the trade goes against you and exiting just past entry....if I have that right?

I do something similar (it's referred to as averaging down) but don't close the second (better position) at entry or just below.

I open 1 position (half of what I want to risk) near the worst entry and then wait for the trade to go against me to open the rest.

This method increases my profits as I can open a much larger 2nd position than my first position with the same risk as I would if I went all in on the first (provided the trade is a winner).

If it's a loser than I haven't lost anymore than I originally intended to risk. If it works I can (sometimes) at least double my return.

An example would be:
I want to risk $200.00

The signal is...
Short AUDUSD 1.0000-10 with an S/L of 1.0050 and TP1 at 0.9950.

Opened my first position at 1.0000 and risk $100.00 using 2 mini lots.
Price drifts higher and I see a price action setup around 1.0025.
Enter my second position at 1.0025 risking the other $100.00 but instead of using 2 mini lots I can use 4 while still only risking the remaining $100.00 of the $200.00 I originally wanted to risk.

Trade hits TP1 at 0.9950
1st position= $100.00 profit
2nd position= $300.00 profit
-------------------------
Total= $400.00 profit Risk reward ratio= 2:1

If I had gone in with a full position at 1.0000 using 4 mini lots my profit would have been $200.00 and risked $200.00 Risk reward ration of 1:1

If I went in with half of what I wanted to risk and never got a chance to average down, my profit would have been $100.00 and only risked $100.00. Risk reward ratio of 1:1
  • #2,560
  • Mar 23, 2011 11:29am Mar 23, 2011 11:29am
Hi,

As trading idea cable has long setup.
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