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; I agree with RH's interpretation. The order was entered for 15865, at 8.30 the ask price to buy back the ...

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Old Oct 28, 2010, 6:52pm   #46
Joined Apr 2008
Re: Net Trap - Historic results and RH Monday Updates

I agree with RH's interpretation.

The order was entered for 15865, at 8.30 the ask price to buy back the bet was 15826.5.
He's giving himself half a pip but he's right.
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Old Oct 29, 2010, 1:46pm   #47
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Re: Net Trap - Historic results and RH Monday Updates

Hi

Can anyone please provide a list of abbreviations attached to the varients methodology please

thank you
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Old Oct 29, 2010, 5:04pm   #48
 
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Re: Net Trap - Historic results and RH Monday Updates

All explained lower down in the forum:-

http://www.trade2win.com/boards/fore...explained.html

Nick
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Old Nov 2, 2010, 10:28pm   #49
 
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Re: Net Trap - Historic results and RH Monday Updates

peterf1966 started this thread RH UPDATE 01-11-10 FOR WEEK 25-10-10 TO 29-10-10



Last week we had one of our worst weeks to date.

We had three losing trades, one no trade day and one day
when the order was not triggered.

This is horrible when this happens but Net Trap has soon
bounced back when this has happened before.

I think a combination of quieter markets because of half
term holidays here plus the uncertainty about next
week’s interest rate news made for very difficult
conditions.

Overall we made a net loss of -90 pips for the week.

I summarise the detailed trade orders and results below:

Monday 25th October

40 SMA rising buy order at 15769.0, triggered at 6:41 am
stopped out at 8:28 am.

Profit/Loss -30 pips.

Tuesday 26th October

40 SMA falling sell order at 15732.0, not triggered, no
trade 0 pips.

Profit/Loss 0 pips.

Wednesday 27th October

40 SMA flat, indecisive, no trade order, no trade 0
pips.

Profit/Loss 0 pips

Thursday 28st October

40 SMA rising buy order at 15809.0 triggered at 6:32 am
stopped out at 8:12 am.

Profit/Loss -30 pips

Friday 29th October

40 SMA rising buy order at 15941.0 triggered at 6:36 am,
stopped out at 8:08 am.

Profit/Loss pips -30 pips

Total for the week -90 pips loss.

For the month of October that means we made a small loss
of -25 pips.
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Old Nov 3, 2010, 6:40am   #50
Joined Jun 2010
Re: Net Trap - Historic results and RH Monday Updates

Quote:
Originally Posted by peterf1966 View Post
RH UPDATE 01-11-10 FOR WEEK 25-10-10 TO 29-10-10

For the month of October that means we made a small loss
of -25 pips.[/I][/B]
I make it -49 for VNT for October? Mark what have you got for the VNT result?
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Old Nov 3, 2010, 6:53am   #51
 
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Re: Net Trap - Historic results and RH Monday Updates

Quote:
Originally Posted by goldfinger777 View Post
I make it -49 for VNT for October? Mark what have you got for the VNT result?
Sorry for October as a whole I agree with RH. VNT got -25. Will publish my results later today.

M
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Old Nov 10, 2010, 2:38pm   #52
 
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Re: Net Trap - Historic results and RH Monday Updates

peterf1966 started this thread Ive not had an update for last week, I assume because the clock change meant no official results are available?
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Old Nov 16, 2010, 9:59pm   #53
 
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Re: Net Trap - Historic results and RH Monday Updates

peterf1966 started this thread RH UPDATE 15-11-10 FOR WEEK 08-11-10 to 12-11-10

Well it was good be back after the previous week off
while the US time was out of sync.

The markets are still quite jumpy with all the G20
meeting speculation.

And this is why risk management is so important in
trading so please keep within the risk management rules.

Last week we had one winning trade, one no trade day and
three small losers.

Overall we made a small loss of -15 pips for the week.

However if you had used the Advanced Tactics you would
have made a profit.

Safety Net Extension had two days when the 30 pip profit
target was hit.

If you have n’t had chance you can still download the
Net Trap Advanced Tactics here.

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

And the password is ‘safety’

Please note I report results on the original Forex Net
Trap System in these weekly updates. This should make it
easier for you if you are learning this.

If you initially encounter difficulties opening an
account at Shortspreads.com, you could apply for the
Free Trial account first (it’s the Spread betting
account not CFD’s by the way).

Try using the trial account until you are familiar with
how this works then
Apply for a live account.

Don’t forget to check the FAQ’s at the end of this e
mail if you have any immediate questions.

I summarise the detailed trade orders and results below:

Monday 8th November

40 SMA falling sell order at 16124.0, not triggered no
trade

Profit/Loss 0 pips.

Tuesday 9th November

40 SMA falling sell order at 16113.0 triggered at 7:00
am, closed manually at 8:30 am at 16097.0

Profit/Loss +16 pips.

Wednesday 10th November

40 SMA SMA falling sell trade at 15996.0, triggered at
6:47 am, closed manually at 8:30 am at 16003.0

Profit/Loss -7 pips

Thursday 11th November

40 SMA rising buy order at 16148.0, triggered at 6:33
am, closed manually at 16135.0

Profit/Loss -13 pips

Friday 12th November

40 SMA falling sell order at 16041.0, triggered at 7:34
am, closed manually at 8:30 am at 16052.0

Profit/Loss pips -11 pips

Total for the week -15 pips loss.
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Old Nov 22, 2010, 9:36pm   #54
 
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Re: Net Trap - Historic results and RH Monday Updates

peterf1966 started this thread RH UPDATE 22-11-10 FOR WEEK 15-11-10 to 19-11-10


Last week we had two winning trades, two no trade days
and one loser.

Overall we made a profit of +14 pips for the week.

If you have n’t had chance you can still download the
Net Trap Advanced Tactics here.

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

And the password is ‘safety’

Please note I report results on the original Forex Net
Trap System in these weekly updates. This should make it
easier for you if you are learning this.

If you initially encounter difficulties opening an
account at Shortspreads.com, you could apply for the
Free Trial account first (it’s the Spread betting
account not CFD’s by the way).

Try using the trial account until you are familiar with
how this works then
Apply for a live account.

Don’t forget to check the FAQ’s at the end of this e
mail if you have any immediate questions.

I summarise the detailed trade orders and results below:

Monday 15th November

40 SMA falling sell order at 16102.0 triggered at 6:32
am, closed manually at 8:30 am at 16059.0

Profit/Loss +43 pips.

Tuesday 16th November

40 SMA flat, no clear direction, no trade order, no
trade.

Profit/Loss 0 pips.

Wednesday 17th November

40 SMA rising buy order at 15892.0, triggered at 8:31
am, closed manually at 8:30 am at 15893.0.

Profit/Loss +1 pips

Thursday 18th November

40 SMA rising buy order at 15937.0 triggered at 6:34 am,
stopped out at 8:11 am.

Profit/Loss -30 pips

Friday 12th November

40 SMA flat, indecisive, no trade order, no trade.

Profit/Loss pips 0 pips

Total for the week +15 pips loss.


(RH gets it right at the start, it should be +14 for the week, Pete)
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Old Nov 22, 2010, 10:53pm   #55
 
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Re: Net Trap - Historic results and RH Monday Updates

[QUOTE=peterf1966;1331108]RH UPDATE 22-11-10 FOR WEEK 15-11-10 to 19-11-10


[B][I]Last week we had two winning trades, two no trade days
and one loser.


I summarise the detailed trade orders and results below:

Tuesday 16th November

40 SMA flat, no clear direction, no trade order, no
trade.

Profit/Loss 0 pips.


Friday 12th November

40 SMA flat, indecisive, no trade order, no trade.

Profit/Loss pips 0 pips

Typical, the Two live AI calls last week critical to INT traders happened on these two "no Trade" days so I can't up the "official" percentage win rate of AI reverse trades. However for INT trades now unofficial we are @ 85% accuracy!!!!

M
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Old Nov 22, 2010, 11:28pm   #56
 
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Joined Feb 2010
Re: Net Trap - Historic results and RH Monday Updates

peterf1966 started this thread [QUOTE=mark120169;1331152]
Quote:
Originally Posted by peterf1966 View Post
RH UPDATE 22-11-10 FOR WEEK 15-11-10 to 19-11-10


[B][I]Last week we had two winning trades, two no trade days
and one loser.


I summarise the detailed trade orders and results below:

Tuesday 16th November

40 SMA flat, no clear direction, no trade order, no
trade.

Profit/Loss 0 pips.


Friday 12th November

40 SMA flat, indecisive, no trade order, no trade.

Profit/Loss pips 0 pips

Typical, the Two live AI calls last week critical to INT traders happened on these two "no Trade" days so I can't up the "official" percentage win rate of AI reverse trades. However for INT trades now unofficial we are @ 85% accuracy!!!!

M
Friday's MA difference was one pip on IG, should have been a trade, but no trigger, still the 'if in doubt, stay out' maxim applies over mechanical interpretation, I guess.

Tuesday's was very flat, I'd agree that one.
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Old Nov 24, 2010, 6:57am   #57
Joined Jun 2006
Re: Net Trap - Historic results and RH Monday Updates

Haven't received any weekly updates for quite a while, anybody else not getting theirs?

Not worth losing any sleep over, but is there anything useful (?!) that Peter cuts out, or is it always the same 5 FAQs? Thanks.
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Old Nov 24, 2010, 7:07am   #58
 
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Re: Net Trap - Historic results and RH Monday Updates

peterf1966 started this thread
Quote:
Originally Posted by H5N1 View Post
Haven't received any weekly updates for quite a while, anybody else not getting theirs?

Not worth losing any sleep over, but is there anything useful (?!) that Peter cuts out, or is it always the same 5 FAQs? Thanks.
I always just cut the same 5 faqs out, and leave in all the spiel.
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Old Nov 24, 2010, 9:43am   #59
Joined Apr 2008
Re: Net Trap - Historic results and RH Monday Updates

to be honest i only look at it occassionally.
RH's left handed trades (last Friday was one) **** me right off and I don't use VNT any more so it's fairly irrelevant now.
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Old Nov 24, 2010, 10:12am   #60
 
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Re: Net Trap - Historic results and RH Monday Updates

peterf1966 started this thread
Quote:
Originally Posted by Rugby Trader View Post
to be honest i only look at it occassionally.
RH's left handed trades (last Friday was one) **** me right off and I don't use VNT any more so it's fairly irrelevant now.
I only post for Mark's benefit tbh, he cant get the updates directly to do VNT comparisons, and I can, so he asked if I'd put them up.

On Friday - the MA went down by 1 pip, according to IG, so a valid trade under strict interpretation of the rules, however, the level never hit trigger point, so the call really should have been a set trade, but no trigger.
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