XTrade's 50 pips | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

My Fix Plan: SL 20 pips & TP 5 pips 4 replies

Flappy Pips - How to keep your hard earn PIPS 7 replies

I lose 40 pips and win 6 to 10 pips... 17 replies

XTrade - Trade Journal & FX discussion 8 replies

spread on GBP/JPY @ alpari is 12 pips intead of 7 pips they claimed to be 6 replies

Attachments: XTrade's 50 pips
Exit Attachments

XTrade's 50 pips

  • #21
  • Jan 24, 2012 9:39am Jan 24, 2012 9:39am
Targets for longer term than today.

= Breach of

1.6000 aussie
.8150 kiwi breach
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #22
  • Jan 24, 2012 9:45am Jan 24, 2012 9:45am
Here are the entries.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD KIWI long jan 24.GIF Size: 88 KB
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #23
  • Jan 24, 2012 11:25am Jan 24, 2012 11:25am
Washed 2 positions for 30 pips of my loss.

Re-entered. a bit higher. Basically scalping a bit.

Anyway, could have left Original 8100 position on for no loss as we are back there now.

I hate to keep paying the damn spread.

Working, working, working on it.

No regrets, onward and upward. Holding into asia and possibly thru london.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #24
  • Jan 24, 2012 9:12pm Jan 24, 2012 9:12pm
Here we are now. 50 pip goal achieved and exceeded. Loss regained.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD KIWI long jan 25 update.GIF Size: 95 KB
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #25
  • Jan 25, 2012 7:52am Jan 25, 2012 7:52am
hmmmmm...well, i only need 20 pips a day to achieve my money. went short on eu last night. holding.

already bagged +400 pips on eu since dec 2011.

good luck.
  • #26
  • Jan 25, 2012 2:47pm Jan 25, 2012 2:47pm
Well that's nice. The Euro has also risen 400 + pips in the past month or so...

So i suppose that could = 3000 pips with certain margin.

I think you are missing my point in this thread.

Also your short has been eaten by my long from yesterday.

I would suggest you exit at a pullback if you arent stopped out already.

Today was a kick ass day and a result will be posted.

All should be in the groove of this weeks trading method and selected pairs.
Sorry there was no signal today I have been trading via phone mostly.

Quoting whatfx
hmmmmm...well, i only need 20 pips a day to achieve my money. went short on eu last night. holding.

already bagged +400 pips on eu since dec 2011.

good luck.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #27
  • Jan 25, 2012 2:49pm Jan 25, 2012 2:49pm
Sorry it's now a 500 pip plus move north, here is the entry from jan 25th
Attached Image (click to enlarge)
Click to Enlarge Name: euro 500.GIF Size: 34 KB
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #28
  • Edited 6:46pm Jan 25, 2012 2:59pm | Edited 6:46pm
I use a market maker to position trade because after long enough the positions are offset by the broker I use NDD/STP reasons for day trading.

Here are some position trades. These are referenced with buying gold patterns.

Feel free to share some of your setups.

Bottom entry = 1200+ pips The move is + 600 with 2 lots = 1200. Stop set below established support, tight at that, and forget it.

This is not supposed to be a pissing contest. More an exercise in day trading, retaining profit on a consistent daily basis.

How much of the 450 pips that you made have you given back to the market?
Attached Image (click to enlarge)
Click to Enlarge Name: nzd 600.GIF Size: 20 KB
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #29
  • Jan 25, 2012 6:53pm Jan 25, 2012 6:53pm
I need to update today's and last night's day trading and scalping.

There were a few losers albeit small, there are there and should not have been. yet today was an awesome day again for my two fave pairs and I favored, paying the spread for a lower entry.


Now I am waiting on potential bull flag or bull pennants to form and signal another entry to blow through more important resistance.

See ya USD

net pips between london and ny sessions combined =
Attached Image (click to enlarge)
Click to Enlarge Name: 50 pips weds jan 25th aud kiwi.GIF Size: 91 KB
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #30
  • Jan 25, 2012 7:57pm Jan 25, 2012 7:57pm
Not writing enough TA and fundies.

So today's entries reasons.

1. Pullback to support during London market. Good area for long entry
and prevailing trend is up on both pairs ATM

2. Expected continuation of weak US news non USD bullish.

3. Week has been trading with bigger moves north VS correction south.

Enter. TP. Repeat.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #31
  • Jan 26, 2012 4:17am Jan 26, 2012 4:17am
indeed. i got stopped out at BE. will look for longs at pullback.

question is, are we now seeing a reversal of the fall of eu ? i dont know. this could just be a temporary up move.....
  • #32
  • Jan 27, 2012 4:48am Jan 27, 2012 4:48am
entered long last night at support @ 3076. closed out for +70 pips. waiting to see if price is rejected at ma 60. if goes past, then may enter another long....


  • #33
  • Jan 27, 2012 12:19pm Jan 27, 2012 12:19pm
I doubt it. I see it continuing to correct north, If it can surpass the resistance of 3075 was a major break in my eyes of resistance to continue north,

Now EUR has established a floor at that price thus, flipping to support.

Take a look. Price is blasting north so far and the US keeps printing poor news overall..

Did you take a long on pullback as suggested?

Quoting whatfx
indeed. i got stopped out at BE. will look for longs at pullback.

question is, are we now seeing a reversal of the fall of eu ? i dont know. this could just be a temporary up move.....
Attached Image (click to enlarge)
Click to Enlarge Name: EUR_H4.PNG Size: 54 KB
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #34
  • Jan 27, 2012 12:23pm Jan 27, 2012 12:23pm
Sorry no update yesterday was too consumed with gold and silver analysis.

Did a few small trades overnight while I was sleeping and cashed out a bit late this am.

They will be on the next updated chart with todays trades. Again apologize for no signal.

Both Kiwi and Aussie which I am referring to are in a small range on the Hourly which would be optimal to break and close above today, still a few hours left.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #35
  • Jan 27, 2012 12:25pm Jan 27, 2012 12:25pm
Good work

She may present a pullback on monday and if the price holds or and or hits 3150 area may be an entry there.

But we will see!

Are you in or out at current. I am long AUSSIE and Kiwi.

Was short Swissy last night with poor entry and got five pips on that after losing 25.
Quoting whatfx
entered long last night at support @ 3076. closed out for +70 pips. waiting to see if price is rejected at ma 60. if goes past, then may enter another long....


XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #36
  • Jan 30, 2012 9:46am Jan 30, 2012 9:46am
No trades yet this week.

Unfortunately I am starting this week - 100 pips due to not being able to squash my longs on Aussie and NZD, and being away from trading station.
(Visiting with family) TO TOP IT OFF. A dead cell phone battery on open of Aussie!!!

Not to worry.

It will be made back.

Entered long on dip AUD/USD @ 0545


Eyeing up Longs on Euro, if she dips below the TL I will contemplate selling or stay flat

And
entering now appx
NZD USD / @ 8175. Long

These pairs may be subject to correction if they do not take out the current resistance areas.

For AUSSIE that is (to round things) the 1.0700
and for
KIWI .8250
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #37
  • Jan 30, 2012 10:45am Jan 30, 2012 10:45am
According chart.

Resistance noted in purple line at top.

Notice RSI seemed to have double bottom on both pairs around the 30 mark.

Target is resistance breach. Although. If you entered and want to stop if you hit 50 pips stop for day and shut down computer.

Or and this is the only time i would use BE. Take the 50 pips off,
re-enter on dip. Then set stops at BE to ensure you take home 50 pips and let the next two entries ride.
Attached Image (click to enlarge)
Click to Enlarge Name: 50 pips Monday jan 30 AuD Kiwi.GIF Size: 86 KB
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #38
  • Jan 30, 2012 11:07am Jan 30, 2012 11:07am
Here is the chart. I am going to stick it out and see if we can test range top by days end.
Attached Image (click to enlarge)
Click to Enlarge Name: 50 pips Monday jan 30 AuD Kiwi target plus 30.GIF Size: 86 KB
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #39
  • Edited Jan 31, 2012 4:37am Jan 30, 2012 8:00pm | Edited Jan 31, 2012 4:37am
Todays re entry charts follow up
According charts.
For asia


Quoting XTrade
According chart.

Or and this is the only time i would use BE. Take the 50 pips off,
re-enter on dip. Then set stops at BE to ensure you take home 50 pips and let the next two entries ride.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 50 pips Monday jan 30 AuD Kiwi Swissy asia.GIF Size: 96 KB
Click to Enlarge Name: 50 pips Monday jan 30 Kiwi asia.GIF Size: 67 KB
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #40
  • Edited 4:37am Jan 31, 2012 4:06am | Edited 4:37am
Rode out the second entries after booking,
here is the LDN follow up. Just woke up. Nothing like the feeling of waking to profit!


Lowered AUD resistance to last high(s) area. Purple lines on both.

Kiwi has plowed through 8250

Swissy stumped at support. Booked 30 pips earlier. Should have left a double on KIWI!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 50 pips jan 31 Tues follow up AUD Kiwi LDN.GIF Size: 105 KB
Click to Enlarge Name: 50 pips Monday jan 30 asia follow up swissy.GIF Size: 43 KB
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
0 traders viewing now