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DailySniper

  • #21
  • Apr 28, 2013 2:49pm Apr 28, 2013 2:49pm
Quoting torbarxa
Hi all, Nice system... let's performance nexts weeks Possible trade in NZDUSD short, pinbar in a resistance... what you think? also AUDNZD for long.... Thanks. Xavi. {image} {image}
hey torbarxa

thank for your post. I checked your setups, here is my view
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Poshcom
  • #22
  • Apr 28, 2013 3:25pm Apr 28, 2013 3:25pm
Quoting FelixFX
{quote} hey torbarxa thank for your post. I checked your setups, here is my view {image} {image}
Hi, thanks for the quick update....
Good to learn we need more pips between entry and next support/resistance
  • #23
  • Apr 28, 2013 3:56pm Apr 28, 2013 3:56pm
Quoting torbarxa
{quote} Hi, thanks for the quick update.... Good to learn we need more pips between entry and next support/resistance
remember I use RR like an indicator. I dont care about RR when Im in the trade.

cheers
Poshcom
  • #24
  • Apr 28, 2013 4:07pm Apr 28, 2013 4:07pm
Quoting FelixFX
Hey folks Just chekced the charts. For tomorrow there is just 1 possible setup coming up. GBP/CAD short enjoy weekend cheers {image} {image}
Looks like a good, simple yet profitable system.

Questions: If price hits your entry before the London session, will you take it early? Why not set a pending order as soon as the market opens?
  • #25
  • Apr 28, 2013 5:19pm Apr 28, 2013 5:19pm
Quoting Dewey McG
{quote} Looks like a good, simple yet profitable system. Questions: If price hits your entry before the London session, will you take it early? Why not set a pending order as soon as the market opens?
I trade with pending orders only. Its a personal rule for mondays waiting the asia and set the order LO
Poshcom
  • #26
  • Apr 28, 2013 5:21pm Apr 28, 2013 5:21pm
Quoting FelixFX
{quote} I trade with pending orders only. Its a personal rule for mondays waiting the asia and set the order. LO
Believe me its not profitable yet, if you understand how PA works this will be your main income soon
Poshcom
  • #27
  • Apr 29, 2013 6:28am Apr 29, 2013 6:28am
Good work thanks Felixfx, as mentioned it is good to see live trades posted and not after the fact. I will be watching as I am sure others will be, so I hope you continue.

jt
"Even if you fall down face first, you still went forward."
  • #28
  • Apr 29, 2013 1:38pm Apr 29, 2013 1:38pm
Felix,

I am in the GBPCAD trade as well. My target is a little bit above next support area.

The risk/reward could be better. If you don't mind me asking, what target were you thinking of?
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"Be the change that you wish to see in the world." --Gandhi
  • #29
  • Apr 29, 2013 1:47pm Apr 29, 2013 1:47pm
Count me in FelixFX.
  • #30
  • Apr 29, 2013 3:09pm Apr 29, 2013 3:09pm
Hi, I'm also in the trade...
  • #31
  • Apr 29, 2013 3:10pm Apr 29, 2013 3:10pm
Quoting Wally1953
Felix, I am in the GBPCAD trade as well. My target is a little bit above next support area. The risk/reward could be better. If you don't mind me asking, what target were you thinking of? {image}
yo, trade is up 65pip and BE. I will hold till 1.5635

enjoy the ride
Poshcom
  • #32
  • Apr 29, 2013 3:13pm Apr 29, 2013 3:13pm
Quoting torbarxa
Hi, I'm also in the trade...
try to ride the trade. Set your stop to BE and relax. Most importnant thing>>> stop loosing money. 5635 is coming
Poshcom
  • #33
  • Apr 29, 2013 3:42pm Apr 29, 2013 3:42pm
Quoting FelixFX
{quote} yo, trade is up 65pip and BE. I will hold till 1.5635 enjoy the ride
Yes, I am at break even too. I will enjoy the ride.

I'm wearing my trading helmet, so I should be okay.
"Be the change that you wish to see in the world." --Gandhi
  • #34
  • Apr 29, 2013 3:51pm Apr 29, 2013 3:51pm
Quoting Wally1953
{quote} Yes, I am at break even too. I will enjoy the ride. I'm wearing my trading helmet, so I should be okay.
hehe oki
I go sleep now. Will check tomorrow for any new setup.

cheers
Poshcom
  • #35
  • Apr 30, 2013 1:50am Apr 30, 2013 1:50am
good morning folk

Ive just closed the trade with +62 pip. Its a gain of 1.55%. Im up 7.19% for april.
Poshcom
  • #36
  • Apr 30, 2013 2:52am Apr 30, 2013 2:52am
maybe we can open a skype channel for better comunication soon. If there are enough people interested
Poshcom
  • #37
  • Apr 30, 2013 3:39am Apr 30, 2013 3:39am
Hi Felix,

Why did you close the trade instead of waiting to see if it goes for example to 5571? I would be good to know how to manage trade, or which factors you take in mind to close trades or let ir ride more...

Thanks ans regards.
Xavi.
  • #38
  • Apr 30, 2013 5:55am Apr 30, 2013 5:55am
Quoting FelixFX
good morning folk Ive just closed the trade with +62 pip. Its a gain of 1.55%. Im up 7.19% for april.
Good job Felix.

I'm holding on, I'm at +42 pips right now and at BE. News at 8:30 might push it down to target, maybe not.

I always try to hang on for my target, sometimes maybe I should grab the pips while they're there. This has always been a tough question for me.

We'll see how it goes.
"Be the change that you wish to see in the world." --Gandhi
  • #39
  • Apr 30, 2013 6:52am Apr 30, 2013 6:52am
Quoting torbarxa
Hi Felix, Why did you close the trade instead of waiting to see if it goes for example to 5571? I would be good to know how to manage trade, or which factors you take in mind to close trades or let ir ride more... Thanks ans regards. Xavi.
hey xavi

thats a good question. the exit is the most important point but there is no perfect way which works allways to grap most pips. For my trading its easy. If market moving strongly in my direction, keep runnin. If this sucker doesnt want go more, I cut it. This year I took about 40 trades and had just 1 SL=(3%). So I dont care about it cause I know next perfect setup is coming, just snipe it. Dont care about RR. RR only to identify good setups.

If y want lean some exit strategy, I can show you. Keep it simple as our entries.
Poshcom
  • #40
  • Apr 30, 2013 9:44am Apr 30, 2013 9:44am
Quoting FelixFX
maybe we can open a skype channel for better comunication soon. If there are enough people interested
Count me in if you start this!
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