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Quick and Dirty EOD

  • #641
  • Sep 6, 2012 11:10am Sep 6, 2012 11:10am
Quoting driven18
HB,

Very interesting video, especially cumulative losses part....I think, I see the light!
Good stuff! Once you realise the nature of the game we are playing (or business we are running) you are better equipped to sit through a spell of drawdown without changing system which provided the system has a positive expectancy is what will make you the money in the long run.
  • #642
  • Sep 6, 2012 11:11am Sep 6, 2012 11:11am
Talking of drawdown, everything is pulling back quite hard today, could be some small losses taken. Nzdusd looks the most likely to go. I'll let it do what it's going to do and reassess in the morning.
  • #643
  • Sep 6, 2012 2:22pm Sep 6, 2012 2:22pm
Quoting Hugh Briss
Talking of drawdown, everything is pulling back quite hard today, could be some small losses taken. Nzdusd looks the most likely to go. I'll let it do what it's going to do and reassess in the morning.
On the positive side this is an opportunity to add positions for a new run.........
  • #644
  • Sep 6, 2012 2:42pm Sep 6, 2012 2:42pm
Quoting tradestar1
On the positive side this is an opportunity to add positions for a new run.........
Pending orders already placed
  • #645
  • Sep 7, 2012 2:04am Sep 7, 2012 2:04am
Audusd and nzdusd stopped out, euraud and eurnzd pulling back, eurusd doing ok. Two entries on eurusd now and another pending in place. I'll wait for a move on audusd and nzdusd, could be a bull run coming?
  • #646
  • Sep 7, 2012 6:45am Sep 7, 2012 6:45am
Hi

@Hugh, is your pending order on E/U the high of 17/6-12?
  • #647
  • Sep 7, 2012 6:49am Sep 7, 2012 6:49am
Quoting rschou
Hi

@Hugh, is your pending order on E/U the high of 17/6-12?
Actually, i haven't got a pending on eurusd, I've got euraud and eurnzd with one entry each and a pending each and eurusd is just 2 open trades. Sorry. I'll try and post some charts later.
  • #648
  • Sep 7, 2012 7:47am Sep 7, 2012 7:47am
no worries, Hugh. Was just afraid I missed something.
Nice run on up the E/U today

nice weekend to you all
  • #649
  • Sep 7, 2012 8:14am Sep 7, 2012 8:14am
Quoting rschou
no worries, Hugh. Was just afraid I missed something.
Nice run on up the E/U today

nice weekend to you all
Yes, eurusd going ok. Have a good weekend.
  • #650
  • Sep 7, 2012 8:00pm Sep 7, 2012 8:00pm
Bagged 200 pips on the EU run.. still in it, however it will probably pull back and I will lose some
  • #651
  • Sep 8, 2012 2:18am Sep 8, 2012 2:18am
Quoting Hugh Briss
Yes, eurusd going ok. Have a good weekend.
Hi Hugh

I'm not using the EA and I have been moving my stop loss manually each night to 20 pips behind moving average. My stop was hit for my 2 EurUsd trades by the downward spike on the 5th Sep which at its lowest was almost 40 pips below moving average. So just wondering where I've gone wrong as your trade and other people from this thread seem to still be in these trades

thanks

Mark
  • #652
  • Sep 8, 2012 4:00am Sep 8, 2012 4:00am
Quoting Maverick731
Bagged 200 pips on the EU run.. still in it, however it will probably pull back and I will lose some
It probably will pull back after such a big move but if you just trail behind the ma it will get you out when it gets you out. There's no point trying to predict the future, if you follow the system then overall you will come out on top. You have to learn to lose money and give profits back cheerfully because it only takes a few extended runs where you do sit on your hands and let the trades to develop to give you a massive profit for the year.
  • #653
  • Sep 8, 2012 4:02am Sep 8, 2012 4:02am
Quoting HxMark
Hi Hugh

I'm not using the EA and I have been moving my stop loss manually each night to 20 pips behind moving average. My stop was hit for my 2 EurUsd trades by the downward spike on the 5th Sep which at its lowest was almost 40 pips below moving average. So just wondering where I've gone wrong as your trade and other people from this thread seem to still be in these trades

thanks

Mark
20 pips might be a bit tight, I'm usng 50. I think the price came to within a few pips of stopping me out the other day but fortunately I am still in it.
  • #654
  • Sep 8, 2012 4:54am Sep 8, 2012 4:54am
Quoting Hugh Briss
20 pips might be a bit tight, I'm usng 50. I think the price came to within a few pips of stopping me out the other day but fortunately I am still in it.
OK. Thanks.
  • #655
  • Sep 9, 2012 4:39am Sep 9, 2012 4:39am
Quoting Hugh Briss
Audusd and nzdusd stopped out, euraud and eurnzd pulling back, eurusd doing ok. Two entries on eurusd now and another pending in place. I'll wait for a move on audusd and nzdusd, could be a bull run coming?
hi hugh

concur with the euraud and eurnzd about the pullback.
based on the week's close, eurusd is sitting just below 200ema and audusd blew past it. sorry to detract from just the 10ema system. just food for thought.
would it be prudent to watch what happens come Monday, or set pending higher past the ema 200 for eurusd, euraud and eurnzd? a spike and retrace could wipe out some pending orders if it gets entered on Monday.
also, eurnzd and euraud looks exactly mirrored. choose one or the other or put in pending for both? seems like a double-edged sword to me.

any advise is appreciated.

my humble 2cents.
  • #656
  • Sep 9, 2012 5:41am Sep 9, 2012 5:41am
Quoting membina
hi hugh

concur with the euraud and eurnzd about the pullback.
based on the week's close, eurusd is sitting just below 200ema and audusd blew past it. sorry to detract from just the 10ema system. just food for thought.
would it be prudent to watch what happens come Monday, or set pending higher past the ema 200 for eurusd, euraud and eurnzd? a spike and retrace could wipe out some pending orders if it gets entered on Monday.
also, eurnzd and euraud looks exactly mirrored. choose one or the other or put in pending for both? seems like a double-edged...
I'm thinking anything could happen so sticking with the plan and just leaving the pendings in place. My risk per trade is low enough to trade all pairs concurrently and accept the losses as they occur.
  • #657
  • Sep 10, 2012 12:31pm Sep 10, 2012 12:31pm
Here is the current state of play. I've added some pending orders on.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd 10 09 12.gif Size: 23 KB
Click to Enlarge Name: euraud 10 09 12.gif Size: 21 KB
Click to Enlarge Name: eurnzd 10 09 12.gif Size: 20 KB
Click to Enlarge Name: audusd 10 09 12.gif Size: 22 KB
Click to Enlarge Name: nzdusd 10 09 12.gif Size: 23 KB
  • #658
  • Sep 10, 2012 4:19pm Sep 10, 2012 4:19pm
Hugh,

Yea I knew it would retract a bit.

Why does your indicator saying MA+Buffer for th etrailing stp, while mine just says on? Anything wrong I am doing with setting up the EA?
  • #659
  • Sep 10, 2012 5:11pm Sep 10, 2012 5:11pm
Quoting Maverick731
Hugh,

Yea I knew it would retract a bit.

Why does your indicator saying MA+Buffer for th etrailing stp, while mine just says on? Anything wrong I am doing with setting up the EA?
No, it is just a new version I am trialling. I'll let you have it soon.
  • #660
  • Sep 11, 2012 8:03am Sep 11, 2012 8:03am
Hi

Do you regard the above pair as a sell on break of the recent low (1.5378) according to this method?

Thanks
Regards
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