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Easy no stress daily charts:)

  • #81
  • Edited 4:02pm Jul 11, 2011 3:26pm | Edited 4:02pm
Quoting Slurpee
My opened trades... just if anyone is with me
Lokking good Slurpee.

USDJPY broke through support today, and as I suspected I am now too late to enter safely. I should trust the system more, but it's early days yet. Well done to those who went short last night

Edit: I've decided to get in for a smaller amount +/- 50
Attached Image (click to enlarge)
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  • #82
  • Jul 11, 2011 4:13pm Jul 11, 2011 4:13pm
Lot's of big moves today, but I don't see any new trades for tonight...

jimmc- Good luck with the Yen trade! I hope that it keeps moving, I took profit on my first position and the second is holding on at BE.

GBPJPY closed the first and BE on the second.

Good Trading All!
  • #83
  • Jul 11, 2011 4:46pm Jul 11, 2011 4:46pm
Quoting Slurpee
It is under the MA, I wouldn't go long
sorry guys the timeframe was mitakenly on the 4h instead of the daily when i was going throuhth the rounds

Olu
If you think you can or cannot do it you are correct
  • #84
  • Jul 11, 2011 8:09pm Jul 11, 2011 8:09pm
i was start on 7/7/2011
those trades

i close my 2 trade

sell gbp/usd 30 % and BE
sel gbp/chf 30 % and BE


i run usd/chf sell also on profit
start on 7/7/2011
  • #85
  • Jul 12, 2011 1:30am Jul 12, 2011 1:30am
Quoting jucaorma
i was start on 7/7/2011
those trades

i close my 2 trade

sell gbp/usd 30 % and BE
sel gbp/chf 30 % and BE


i run usd/chf sell also on profit
start on 7/7/2011

Well done everyone this week who have registered green pips using our system whose name we cant mention. I am in cadjpy. A lot of traders are in multiple pairs - all showing profits. The system works. The system is simple. The simplicity helps to instill discipline and is thoroughly mechanical.

Well done everyone.

Now guys watch over your 'eggs'

Olu
If you think you can or cannot do it you are correct
  • #86
  • Jul 12, 2011 2:16am Jul 12, 2011 2:16am
IT'S A DEMO ACCOUNT (...pitifully !!!)

Thanks for Slurpee (having implemented this very KISS system and a very good Money Management) and thanks for OLU who enliven this thread with his advices and warnings.

Regards

BBF
Attached Image (click to enlarge)
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BigBlackfeet Always on the(forex) war path !
  • #87
  • Jul 12, 2011 3:29am Jul 12, 2011 3:29am
Quoting jimmc
Lokking good Slurpee.

USDJPY broke through support today, and as I suspected I am now too late to enter safely. I should trust the system more, but it's early days yet. Well done to those who went short last night

Edit: I've decided to get in for a smaller amount +/- 50
Good job! I also think it was too late so taking at least a part of the profit is a smart thing
Live it or leave it!
  • #88
  • Jul 12, 2011 3:30am Jul 12, 2011 3:30am
Quoting Olu
sorry guys the timeframe was mitakenly on the 4h instead of the daily when i was going throuhth the rounds

Olu

No problem
Live it or leave it!
  • #89
  • Jul 12, 2011 3:32am Jul 12, 2011 3:32am
Quoting BLACKFEET
IT'S A DEMO ACCOUNT (...pitifully !!!)

Thanks for Slurpee (having implemented this very KISS system and a very good Money Management) and thanks for OLU who enliven this thread with his advices and warnings.

Regards

BBF
Great job BLACKFEET! Go live and trade small lots (micro lots)... that will give you more than demo (talking from my own experince)... Instatrader broker allows to trade even micromicro lots 1 pip = 1 cent...
Live it or leave it!
  • #90
  • Jul 12, 2011 3:34am Jul 12, 2011 3:34am
AUDUSD SL at +1 might get hit today... and even if not, according to rules I will exit the trade at the end of the day. The Stoch fast line is under 60 level


AND

the trade on GU is going well more than 100 pips in plus so moved my SL to BE+1... a freeeeeee trade

AND a picture...
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Live it or leave it!
  • #91
  • Jul 12, 2011 4:01am Jul 12, 2011 4:01am
Quoting Slurpee
Good job DaTrader and Olu!

Twee (The Mod) wrote me finally about our previous thread... The author contacted him about the copyright violation...
Sometimes I don't understand people. He says in his manual the system is for free... So I don't get it. But oh well... we have our method now
I do get his logic though in keeping his system to himself. Forex is a zero-sum game, if that is indeed true (I doubt it is true though). For winners to be made, there must be losers. If everyone wins, no money would flow to him. He would have to devise another strategy again for him to come up with consistent winning trades if this catches on. And trust me, looking for patterns in charts is a very time consuming process in Forex.

Too bad he posted it here though, posting in message boards practically waivers your intellectual rights as you are practically sharing it for everyone to see.
  • #92
  • Jul 12, 2011 4:15am Jul 12, 2011 4:15am
Anyway, anyone shorting the NZD/USD pair? Currently have 133 pips up atm and taking up some nice profits in my demo account.

Too bad this is not real money.
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  • #93
  • Jul 12, 2011 2:19pm Jul 12, 2011 2:19pm
Quoting BLACKFEET
IT'S A DEMO ACCOUNT (...pitifully !!!)

Thanks for Slurpee (having implemented this very KISS system and a very good Money Management) and thanks for OLU who enliven this thread with his advices and warnings.

Regards

BBF
I would advice you to trade a tiny micro account. 1 cent a pip or something. You will also get a better handle on your emotional stability. Its up to you though
If you think you can or cannot do it you are correct
  • #94
  • Jul 12, 2011 2:21pm Jul 12, 2011 2:21pm
Quoting [Sniper]
I do get his logic though in keeping his system to himself. Forex is a zero-sum game, if that is indeed true (I doubt it is true though). For winners to be made, there must be losers. If everyone wins, no money would flow to him. He would have to devise another strategy again for him to come up with consistent winning trades if this catches on. And trust me, looking for patterns in charts is a very time consuming process in Forex.

Too bad he posted it here though, posting in message boards practically waivers your intellectual rights as you are practically sharing it for everyone to see.
I understand what you say but I don't really think there is any method that when shared would mean decrease in its proficiency due to too many traders trading it. Forex is so huge market that I dont think this is possible... But no one knows. Anyway, he should not have say in his manual that this method is free and available to everyone...

BUT we trade here our method so enough about copyright... I will not put copyright on this method that I trade here
Live it or leave it!
  • #95
  • Jul 12, 2011 2:22pm Jul 12, 2011 2:22pm
Quoting [Sniper]
Anyway, anyone shorting the NZD/USD pair? Currently have 133 pips up atm and taking up some nice profits in my demo account.

Too bad this is not real money.
GOOD JOB! I am not in though...
Live it or leave it!
  • #96
  • Jul 12, 2011 2:24pm Jul 12, 2011 2:24pm
Quoting Slurpee
Good job! I also think it was too late so taking at least a part of the profit is a smart thing
USDJPY hit target - I actually closed out a bit early and only made 43 because I was worried about the support line shown. Actually went on and so far made more than double that. Must learn to trade the system.

I am still undecided whether to take off a percentage at target and let the rest ride, or whether it is just better to close out the whole position. So far I am just closing out 100%.

USDCHF now up over 100 and SL moved to BE.
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  • #97
  • Jul 12, 2011 2:29pm Jul 12, 2011 2:29pm
Quoting [Sniper]
Anyway, anyone shorting the NZD/USD pair? Currently have 133 pips up atm and taking up some nice profits in my demo account.

Too bad this is not real money.
It would be nice to know what you are doing that is different


Olu
If you think you can or cannot do it you are correct
  • #98
  • Jul 12, 2011 2:39pm Jul 12, 2011 2:39pm
MY open trade is retracing, so my SL at BE+1 might get hit. but there is a possible next trade coming
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Live it or leave it!
  • #99
  • Jul 12, 2011 2:48pm Jul 12, 2011 2:48pm
...my thoughts on AUDUSD
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Live it or leave it!
  • #100
  • Jul 12, 2011 4:04pm Jul 12, 2011 4:04pm
AUDUSD second half of the trade closed at +75 pips (1st half +170 pips). It could have been better and the price might continue going up but this is my rule so I stick to it!

As said in previous post, we might get back in if the rules are met
Live it or leave it!
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