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Easy no stress daily charts:)

  • #561
  • Aug 22, 2011 4:57pm Aug 22, 2011 4:57pm
Quoting Slurpee
Hi Stumpy,

I hope I understand well your question...? I really recommend trading micro lots for at least 6 months to get used to the system, especially that it has losses (most traders cannot stand that and look for a system with no losses). Then you can rise the stake, if you feel comfortable with it. Remember, NO GREED and NO FEAR should be let in trading, because it influences your decisions! Hope this helps and answers your question
I said this sometime ago - that I hope to trade this system up to a target size of 100 lots. I am nowhere near that atm but it'll happen

Olu
If you think you can or cannot do it you are correct
  • #562
  • Aug 22, 2011 5:02pm Aug 22, 2011 5:02pm
hy olu!
100 lot is a big deal.
I hope , i can trade with 1-6 lot in the future.

how much pairs you have on the radar this night?
steve
  • #563
  • Aug 22, 2011 5:20pm Aug 22, 2011 5:20pm
Quoting Olu
I said this sometime ago - that I hope to trade this system up to a target size of 100 lots. I am nowhere near that atm but it'll happen

Olu

Hi Olu,

with this system, I think well enough is 10 or 20 std. lots. With 100 lots, you will not get filled every time you place a trade and it can cause a difference in the results then... Just imagine 10 lots and 200 pips per month. That is 20.000 USD... I think we could make a living of that
Live it or leave it!
  • #564
  • Aug 22, 2011 5:23pm Aug 22, 2011 5:23pm
... another day behind...
Attached Image (click to enlarge)
Click to Enlarge Name: trades.png Size: 58 KB
Live it or leave it!
  • #565
  • Aug 22, 2011 5:29pm Aug 22, 2011 5:29pm
Quoting stevebalmmer
hy olu!
100 lot is a big deal.
I hope , i can trade with 1-6 lot in the future.

how much pairs you have on the radar this night?
steve
Yes I know 100 lots is a lot but it is a target.

audusd - gave a short signal earlier but hasnt moved much so it can still be traded like a new signal.

usdchf - same as the audusd - can be traded still. However be aware that the SNB is against you on this one. This goes for all the xxxchf pairs.

chfjpy - long signal - That's all

audnzd - short signal - 'too exotic' for slurpee he would say

euraud - long signal
If you think you can or cannot do it you are correct
  • #566
  • Aug 22, 2011 6:32pm Aug 22, 2011 6:32pm
Hey guys if you trade 10 lots and only risk 3% of your capital thats a big bank you need do the math
  • #567
  • Aug 22, 2011 7:04pm Aug 22, 2011 7:04pm
Quoting Stumpy1
Hey guys if you trade 10 lots and only risk 3% of your capital thats a big bank you need do the math
exactly. you hit the nail on the head it just has to be a big bank not my personal bank

Olu
If you think you can or cannot do it you are correct
  • #568
  • Aug 22, 2011 8:35pm Aug 22, 2011 8:35pm
sell on audnzd
  • #569
  • Aug 22, 2011 8:44pm Aug 22, 2011 8:44pm
Quoting jucaorma
sell on audnzd

definitely. By the way what is the spread on this pair on your platform? mine is 12

Olu
If you think you can or cannot do it you are correct
  • #570
  • Aug 22, 2011 8:57pm Aug 22, 2011 8:57pm
Quoting Olu
definitely. By the way what is the spread on this pair on your platform? mine is 12

Olu

spread its 12 aslo on alpari uk
  • #571
  • Aug 22, 2011 9:05pm Aug 22, 2011 9:05pm
Quoting jucaorma
spread its 12 aslo on alpari uk
If you think you can or cannot do it you are correct
  • #572
  • Aug 23, 2011 1:02am Aug 23, 2011 1:02am
Hi Slurpee,
I am slowly working through the thread and some things seemed to have changed over time.
The one thing I would love to know is nowdays which pairs do you trade and what stops take profits do you use for them
  • #573
  • Aug 23, 2011 7:31am Aug 23, 2011 7:31am
gbpjpy
Attached Image
If you think you can or cannot do it you are correct
  • #574
  • Aug 23, 2011 7:40am Aug 23, 2011 7:40am
usdnok (short)
euraud (long)
usdsgd (short)
eurnok (short)
gbpnzd (short)

most of these are 'exotics' and very volatile. It is just for us to see the signal at work. However euraud and usdsgd move smoothly and is tradeable

Olu
If you think you can or cannot do it you are correct
  • #575
  • Aug 23, 2011 10:08am Aug 23, 2011 10:08am
Olu --

Many thanks for pointing out the crosses on exotic pairs.

I don't look at these much, but as you point out some trade smoothly with acceptable spreads.

Since trading with you guys demands patience anyway we might as well expand the 'field' with all reasonable pairs.

Ouch on those spreads of 12, 14 and even higher, though.

Oh, and I dream of trading with ONE full lot. When I get there, time to reassess.

Take care, Forest
  • #576
  • Aug 23, 2011 10:27am Aug 23, 2011 10:27am
watching this one to see how it acts around here
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  • #577
  • Aug 23, 2011 10:58am Aug 23, 2011 10:58am
Quoting Forest-Sea
Olu --

Many thanks for pointing out the crosses on exotic pairs.

I don't look at these much, but as you point out some trade smoothly with acceptable spreads.

Since trading with you guys demands patience anyway we might as well expand the 'field' with all reasonable pairs.

Ouch on those spreads of 12, 14 and even higher, though.

Oh, and I dream of trading with ONE full lot. When I get there, time to reassess.

Take care, Forest
Forest, I hope we all get to that lovely reassesment stage earlier and faster than we think

Olu
If you think you can or cannot do it you are correct
  • #578
  • Aug 23, 2011 11:05am Aug 23, 2011 11:05am
is under water atm. If the stock market dont turn down from here it might hit the S/L.

Funny thing when I went to bed last night it was in positive territory. Shows a few hours in forex is a long time...

Olu
If you think you can or cannot do it you are correct
  • #579
  • Aug 23, 2011 1:58pm Aug 23, 2011 1:58pm
hy olu!
how many pairs you trade real this moment?
regards steve
  • #580
  • Aug 23, 2011 2:00pm Aug 23, 2011 2:00pm
Quoting stevebalmmer
hy olu!
how many pairs you trade real this moment?
regards steve
short audusd
long usdcad

at the moment. both under water atm

Olu
If you think you can or cannot do it you are correct
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