BigMike Pro Trader

Hi, I'm BigMike.

This is my first thread.
But I've been following a few threads occasionaly, many of you know my style and results !

History: I've been trading FOREX for six years (2005).

I'm a price action swing trader.

The trades are anywhere from a few days to 3-4 weeks. (DOMC = Depending On Market Conditions)

I use 1%-3% Risk DOMC and always use SL. The SL are sometimes huge because some pairs need that breathing room.

Trades are usually made from 19h00 to 21h00 Eastern Standard Time. You have plenty of time to take the trade since I use pending orders. Then I just move my SL and TP once in a while DOMC.

I divide my trades in 3 positions (scaling). So if I call a trade at 3% Risk, it means it has 3 positions at 1% Risk each.

You need a minimum of 400K account for standard lots, 40K for mini and 4k for micro.

Here are my 4 RULES:

1- Capital Protection
2- Money Management
3- Patience
4- Discipline

I will not give advices, tips or any information about my strategies, so please don't ask.

If you don't like my style, answers or results, just move on please.

However, you are all welcome to say hi so i know who is following, I won't bite !!!

I will post my results HERE.
Only closed trades.
I will indicate weekly performance in percentage of account growth and what post did I make the call so you know I call them before facts !
The week one will be the 3rd of April 2011.
ex: Week 1, +2% Post# 12

WEEK#, Date, %, Post#

WEEK 1, 3 April 2011, -2%
EURCHF, -1%, Post# 12
USDCAD, -1%, Post# 12

WEEK 2, 10 April 2011, -2%
GBPCHF +0.001%, Post# 28
EURUSD, -2%, Post# 25

WEEK 3, 17 April 2011 +6.28%
USDCHF, 3%, Post# 40, Closed, SL hit at BE
NZDUSD, 0%, Post# 40, 47 and 48, Closed, SL hit at BE
GBPCHF, 0%, Post# 34, 47 and 48, Closed, SL hit at BE
USDCAD, Closed, Post# 29, 49
GBPUSD, Post #51, Closed, SL hit at BE
AUDUSD, Post #51, Closed, SL hit at BE
EURUSD, Post #53, Closed, SL hit at 4380
GBPJPY, 2%, Post #52 (Active)
EURJPY, 2%, Post #52 (Active)
USDJPY, 2%, Post # 52 (Active)

* Note: These are the results of closed trades only
(More updates soon)

WEEK 4, 24 April 2011
WEEK 5, 1 May, 2011
WEEK 6, 8 May, 2011
WEEK 7, 15 May, 2011
WEEK 8, 22 May, 2011

Total To Date: +2.28%


Pip it Up !

BigMike

I will post my results HERE.
Only closed trades.
I will indicate weekly performance in pips, percentage of account growth and what post did I make the call so you know I call them before facts !
The week one will be the 3rd of April 2011.
ex: Week 1 +200 pips +2% Post# 12


Date WEEK# Pips % Post#

3 April 2011 WEEK 1

10 April 2011 WEEK 2



BigMike

great!!!
you can also use the trade explorer in FF to show your live trade results!

Hi bobo, thanks for the advice.


BigMike

a freebie to signal service

i don't think you get around the "commercial section" thing just by giving out a few freebies in advance, could be wrong about this but id imagine this thread will get moved

not to mention the wrath received for a calls only in the systems thread from ppl.

regardless i don't know you so good luck with things!

Hi perfect,

Who said anything about "a few" feebies ?
Is there a commercial section ?

BigMike

Interesting that you would, in your very first post, say that "stupid people" ask "stupid questions" and then you yourself ask a question such as the above, when a simple look at the sections in this forum would have provided an easy answer. Hmmm...pot and kettle come to mind. Maybe you won't want to accuse others of being stupid so quickly in the future? Just a thought....

Since some don't know my sarcasm and dark humor,
I did some editing in my first post so everybody is happy.
I'm Mr.Wonderful.

BigMike

OK Mr. Wonderful, now we're all happy Trade on!

By the way, are you the owner of the Big Mike's forum?

Nope not me.


BigMike

FYI, I trade 12 pairs:

EURUSD, GBPUSD, USDCHF, USDCAD, AUDUSD, GBPJPY, GBPCHF, EURCHF, NZDUSD, EURJPY, EURGBP, USDJPY.

On the radar this week:
USDCHF short, USDCAD long, GBPJPY short, GBPCHF short, EJ short, UJ short.

These are just on the radar.
This could be a tough week ahead to read the market. Since some pairs are at record levels and/or recent highs or lows have been broken. Will see if continuation or reversals.

Pip it Up !

BigMike

Here are my pending Trades: Monday, April 4th, 2011 at 20h30 EST:

USDCHF
Sell 9186
SL 9360
Risk 3%

USDCAD
Buy 9685
SL 9600
Risk 1%

GBPJPY
Sell 135.17
SL 136.30
Risk 1%

GBPCHF
Sell 4834
SL 4970
Risk 2%

EURCHF
Sell 3083
SL 3230
Risk 1%

EURJPY
Sell 119.17
SL 120.30
Risk 1%

USDJPY
Sell 83.85
SL 85.00
Risk 2%

This is a 11% Total Risk if they all trigger. Please go in accordance to your Risk tolerance.


Pip it Up !

BigMike

Hi Big Mike,

Very good idea this thread !

Pip it up ;-)

Thanks Mark !

Good luck, mike!

*subscribed*

Are they based on COG?

Hey aser, good to see you here !
No, this is my own strategy. Price Action only.

Pip it Up !

BigMike

USDCAD and EURCHF triggered. Will see how they develop.

USDCHF, GBPJPY, GBPCHF, EURJPY and USDJPY did not trigger.
I cancelled them.

Pip it Up !

BigMike

EURCHF and USDCAD both hit SL.
See post #1 for update.

Let's wait for next setups.

Pip it Up !

BigMike

No setups tonight.

BigMike

Thursday 7 April 2011 at 21h45

Pending Orders

GBPCHF
Short 4890
SL 5200
Risk 2%

NZDUSD
Short 7730
SL 7850
Risk 2%

Pip it Up !

BigMike