Net Trap - Historic results and RH Monday Updates

This is a discussion on Net Trap - Historic results and RH Monday Updates within the Forex Net Trap forums, part of the T2W Archive category; Rh update 03-09-10 for week 30-08-10 to 03-09-10 This week we had two winning trades, two losing trades and one ...

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Old Sep 10, 2010, 4:29pm   #16
 
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Re: Net Trap - Historic results and RH Monday Updates

peterf1966 started this thread Rh update 03-09-10 for week 30-08-10 to 03-09-10

This week we had two winning trades, two losing trades
and one no trade day as it was a US bank holiday.

For avoidance of doubt, I trade British Bank Holidays
when the US is still open.

But I donít trade on US Bank Holidays

So for the week we had a net profit of +64 pips.

I summarise the detailed trade orders and results for
the week below:

Monday 6th September

US Bank Holiday, no trade.

Profit/Loss 0 pips.

Tuesday 7th September

40 MA falling sell order at 15362.0, triggered at 6:31
am, stopped out at 8:04 am.

Profit/Loss -30 pips.

Wednesday 8th September

40 MA rising buy order at 15383.0, triggered at 6:32 am,
hit profit target at 8:10 am.

Profit/Loss +50 pips

Thursday 9th September

40 MA falling sell order at 15453.0 triggered at 7:00
am, hit profit target at 8:07 am.

Profit/Loss +50 pips

Friday 10th September

40 MA falling sell order at 15406.0, triggered at 6:31
am, closed manually at 8:30 am at 15412.0.

Profit/Loss pips -6 pips

Total for the week +64 pips profit.
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Old Sep 20, 2010, 1:32pm   #17
 
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Re: Net Trap - Historic results and RH Monday Updates

peterf1966 started this thread RH update 20-09-10 for week 13-09-10 to 17-09-10

This week we had three winning trades, and two losing
trades.

Overall we made +18 pips profit for the week.

I summarise the detailed trade orders and results below;

Monday 13th September

40 MA rising buy order at 15426.0, triggered at 15427.0
at 7:05 am, hit profit target just after 7:26 am.

Profit/Loss +50 pips.

Tuesday 14th September

40 MA falling sell order at 15396.0, triggered at 6:31
am, closed manually at 15393.0.

Profit/Loss +3 pips.

Wednesday 15th September

40 MA falling sell order at 15384.0, triggered at
15483.0 at 7:36 am, closed manually at 8:30 am at
15508.0.

Profit/Loss -25 pips

Thursday 16th September

40 MA falling sell order at 15593.0, triggered at 6:50
am, closed manually at 8:30 am at 15616.0 for -23 pips
loss.

Profit/Loss -23 pips

Friday 17th September

40 MA rising buy order at 15691.0, triggered at 6:35 am,
closed manually at 8:30 am at 15704.0.

Profit/Loss pips +13 pips

Total for the week +18 pips profit.
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Old Sep 27, 2010, 7:09pm   #18
 
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Re: Net Trap - Historic results and RH Monday Updates

Forex Net Trap System - Update Monday 27th September 2010

A disappointing week with one winning trade, three losing trades and one no trade day.

Overall we made a -45 pips loss for the week.

I summarise the detailed trade orders and results below:

arrow Monday 20th September
40 MA rising buy order at 15669.0, triggered at 6:50 am at 15671.0, stopped out at 8:25 am.

star Profit/Loss -30 pips.

arrow Tuesday 21st September
40 MA rising buy order at 15581.0, triggered at 6:38 am, stopped out at 8:18 am.

star Profit/Loss -30 pips.

arrow Wednesday 22nd September
40 MA rising buy order at 15668.0, triggered at 6:32 am, closed manually at 8:30 am at 15690.0.

star Profit/Loss +22 pips

arrow Thursday 23rd September
40 MA indecisive, no trade order, no trade.

star Profit/Loss 0 pips

arrow Friday 24th September
40 MA falling sell order at 15665.0, triggered at 6:40 am, closed manually at 8:30 am at 15672.0.

star Profit/Loss pips -7 pips

diamond Weekly TOTAL Profit/Loss: -45 pips. .
[/QUOTE]
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Old Oct 4, 2010, 5:46pm   #19
 
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Re: Net Trap - Historic results and RH Monday Updates

peterf1966 started this thread RH update 0410-10 for week 27-09-10 to 01-10-10

A lot of people have e mailed me asking if they can get
their hands on the Advanced Tactics for Forex Net Trap.

Iím working on making them available to all existing
users of Forex Net Trap System in the next few weeks.
And even better news, they will be free.

So this week we had three winning trades, one losing
trade and one no trade day.

Overall we made a -4 pips loss for the week.

For the month of September we made a profit of +48 pips.

I summarise the detailed trade orders and results below;

Monday 27th September

40 MA iindecisive, no trade order, no trade.

Profit/Loss 0 pips.

Tuesday 28th September

40 MA falling sell order at 15806.0, triggered at 6:33
am, closed manually at 8:30 am at 15797.0

Profit/Loss +9 pips.

Wednesday 29th September

40 MA rising, buy order at 15839.0 triggered at 6:36 am
and filled at 15841.5 (2.5 pips slippage) and closed
manually at 8:30 am at 15845.0 for 3.5 pips profit.

Profit/Loss +3 pips

Thursday 30th September

40 MA rising buy order at 15853.0, triggered at 6:52 am,
stopped out at 7:23 am

Profit/Loss -30 pips

Friday 1st October

40 MA rising buy order at 15748.0, triggered at 8:05 am,
closed manually at 8:30 am at 15662.0.

Profit/Loss pips +14 pips

Total for the week -4 pips.
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Old Oct 4, 2010, 6:54pm   #20
 
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Re: Net Trap - Historic results and RH Monday Updates

I despair at RH maths, he can't even add up. The true total for all his daily results for September is +49 pips, he's robbing what is already a poor show of another pip!!

M
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Old Oct 11, 2010, 2:43pm   #21
 
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Re: Net Trap - Historic results and RH Monday Updates

peterf1966 started this thread RH update 11-10-10 for week 04-10-10 to 08-10-10

This week we had one winning trade, three losing trades
and one trade that was not triggered.

Overall we made a loss of -16 pips for the week.

Lean spells happen in trading like this from time to
time, no matter what trading system you use.

But the great thing about Net Trap is as long as you
stick to the risk management rules; these choppy periods
should not wipe out your account
balance.

And youíll still be around when things pick up when we
have those +50 pip trades.

I summarise the detailed trade orders and results below:

Monday 4th October

40 MA falling, sell order at 15796.0 triggered at 6:33
am closed manually ay 8:30 am at 15767.0

Profit/Loss +29 pips.

Tuesday 5th October

40 MA falling sell order at 15784.0 triggered at 8:22
am, closed manually at 8:30 am at 15796.0

Profit/Loss -12 pips.

Wednesday 5th October

MA rising, buy order at 15918.0, triggered at 6:56 am
closed manually at 8:30 am at 15915.0.

Profit/Loss -3 pips

Thursday 6th October

40 MA falling sell order at 15873.0 triggered at 6:54 am
and stopped out at 7:43 am.

Profit/Loss -30 pips

Friday 7th October

40 MA rising buy order at 15894.0, not triggered, no
trade.

Profit/Loss pips 0 pips

Total for the week -16 pips.
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Old Oct 11, 2010, 3:45pm   #22
 
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Re: Net Trap - Historic results and RH Monday Updates

Quote:
Originally Posted by peterf1966 View Post
RH update 11-10-10 for week 04-10-10 to 08-10-10


Lean spells happen in trading like this from time to
time, no matter what trading system you use.

But the great thing about Net Trap is as long as you
stick to the risk management rules; these choppy periods
should not wipe out your account
balance.

And youíll still be around when things pick up when we
have those +50 pip trades.


Hmmmm, is it me or do you feel like us TNT / Variant / INT traders are being goaded slightly by this statement more than patronising reasurance to VNT traders?

M
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Old Oct 11, 2010, 4:07pm   #23
 
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Re: Net Trap - Historic results and RH Monday Updates

peterf1966 started this thread
Quote:
Originally Posted by mark120169 View Post
Hmmmm, is it me or do you feel like us TNT / Variant / INT traders are being goaded slightly by this statement more than patronising reasurance to VNT traders?

M
Dunno, accademic really, I'm guessing that wih most NT'ers being on here, they must nearly all be now trading variants, (if they read the variant result spreadsheet) with very few true VNT trades being done as per the manual - be intresting to get the official 'advanced NT rules from RH.
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Old Oct 11, 2010, 4:38pm   #24
Joined Sep 2010
Re: Net Trap - Historic results and RH Monday Updates

Richard hills "Advanced Tactics" basically involves checking on your trade at 7.30 and if you have been 20 pts or so in profit you move your stop loss to break even."Genius"!
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Old Oct 11, 2010, 4:49pm   #25
 
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Re: Net Trap - Historic results and RH Monday Updates

peterf1966 started this thread
Quote:
Originally Posted by jonboysport View Post
Richard hills "Advanced Tactics" basically involves checking on your trade at 7.30 and if you have been 20 pts or so in profit you move your stop loss to break even."Genius"!
Is that it?

I was doing that before any variants.

In fact I used to set to b/e if +20-25 by about 8.00, and set to take some profit if it was up 30pips by 8.15 or so.
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Old Oct 19, 2010, 10:45am   #26
 
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Re: Net Trap - Historic results and RH Monday Updates

peterf1966 started this thread RH update 19-10-10 for week 11-10-10 to 15-10-10


Iím pleased to be able to give you access to the
Advanced Tactics for Net Trap.

These can be found at:

http://www.fsponline-recommends.co.u...rap_Insert.pdf

And the password is: safety

You may need to copy and paste this link into a new web browser for it to open:
(http://www.fsponline-recommends.co.u...rap_Insert.pdf)

I hope these help you.

Last week we had four winning trades and one losing
trade.

Overall we made a net profit of +57 pips for the week.

I summarise the detailed trade orders and results below:

Monday 11th October

40 MA falling sell order at 15933.0, triggered at 6:53
am, closed manually at 8:30 am at 15924.0

Profit/Loss +9 pips.

Tuesday 12th October

40 MA rising buy order at 15914.0, triggered at 6:31 am,
stopped out at 6:58 am

Profit/Loss -30 pips.

Wednesday 13th October

40 MA rising buy order at 15842.0, triggered at 6:35 am,
closed manually at 8:30 am at 15861.0.

Profit/Loss +19 pips

Thursday 14th October

40 MA rising, buy order at 15993.0, triggered at 7:10 am
hit profit limit at 7:59 am.

Profit/Loss +50 pips

Friday 15th October

40 MA rising buy order at 16020.0, triggered at 6:37 am,
closed manually at 8:30 am at 16029.0

Profit/Loss pips +9 pips

Total for the week +57 pips.
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Old Oct 19, 2010, 10:59am   #27
Joined Aug 2010
Re: Net Trap - Historic results and RH Monday Updates

How come RH results indicate +9 for Monday, I though US bankholidays were no trade days..
or is the H+ report?
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Old Oct 19, 2010, 1:12pm   #28
Joined Apr 2008
Re: Net Trap - Historic results and RH Monday Updates

good point Nick!.
You should send him an email about it.
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Old Oct 19, 2010, 5:13pm   #29
Joined Aug 2010
Re: Net Trap - Historic results and RH Monday Updates

I queried Monday's trade with RH - he confirmed
"I only don't trade when US and UK are both bank holidays"
I'm not sure how many days that will affect but will check US/UK days

With the hour change dates being out of sync he said
"When clocks change and are out of sync I don't trade the whole week"
so we do get aweek off
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Old Oct 19, 2010, 5:21pm   #30
Joined Apr 2008
Re: Net Trap - Historic results and RH Monday Updates

I got the following email off RH after querying a previous bank holiday


i do trade on British bank holidays when the US is still open.

I don't trade on US bank holidays.

Best wishes,


Richard

He's contradicting himself again.
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