Seeking consistency

This is a discussion on Seeking consistency within the Trading Journals forums, part of the Reception category; [QUOTE I have moved stop down to a Break Even level @ 1.29 00target[/QUOTE] Stop hit so, out for NIL ...

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Old Jan 23, 2012, 2:11pm   #330
Joined Dec 2009
Re: eur usd 4H trigger to short

Leia started this thread [QUOTE
I have moved stop down to a Break Even level @ 1.29 00target[/QUOTE]

Stop hit so, out for NIL
Watching for sell triggers on 1h & 1hour time frames @ or above 1.30 00
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Old Jan 23, 2012, 7:22pm   #331
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Re: eur usd 4H trigger to short

Leia started this thread
Quote:
Originally Posted by Leia View Post
Watching for sell triggers on 1h & 1hour time frames @ or above 1.30 00
4h shooting star type candle just closed
Order to sell placed @ 1.30 25 with a stop above the highs at 1.03 55 (30pips risk)
Still targeting recent lows of 1.27 00 (300 pips reward, if seen)
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Old Jan 28, 2012, 4:59pm   #332
Joined Dec 2009
Re: eur usd 4H trigger to short

Leia started this thread
Quote:
Originally Posted by Leia View Post
Order to sell placed @ 1.30 25 with a stop above the highs at 1.03 55 (30pips risk)
Stop hit for -30pips

Large 4H bearish engulfing bar printed Wednesday 25th Jan, trigger for another short order @ 1.30 20 with a larger stop @ 1.30 65

this too was stopped out (-45 pips)

not a good week shorting eur usd

AUD USD trade (post #318 on this blog, 18Jan112) still running just short of target @ 1.07 20 (so far about +300pips)
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Old Jan 30, 2012, 10:19am   #333
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Re: AUD USD 4H trigger

Leia started this thread
Quote:
Originally Posted by Leia View Post
Price has achieved 1.04 80 (+100) this is over 3X risk, so I have moved trailing stop up to 1 X risk (@ 1.04 10 or +30 pips)
Stop moved to 1.05 40, following price achieving 1.06 85
and taken out
total win +160 = 5X risk
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Old Feb 1, 2012, 8:18am   #334
Joined Dec 2009
January Result

Leia started this thread 10 orders placed
4 stopped out for NIL (break even)
2 stopped out for loss
1 achieved target
1 stopped out @ trailing stop hit

over all +195 pips (13% return on a tiny account balance)
Attached Files
File Type: doc Jan12.doc (23.5 KB, 49 views)
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Old Feb 3, 2012, 3:33pm   #335
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NFP - euro short vs gbp & jpy ?

Leia started this thread the 4Hour candles just closed (including NFP release) indicate bearish sentiment on the euro compared to pound and yen as 'shooting star' shape candles have printed

both charts have daily and 4hourly 'down' trends (red 20ema below blue 50sma)
I have placed orders to trigger should the price retrace 50% of the past 4h down move, to ensure tight stops:
eur gbp order 0.83 25 stop .83 45 (-20 risk) target .82 25 (100 reward) R=5
eur jpy order 100.50 stop 100.90 (-40 risk) target 97.00 (350 reward) R=8+
Attached Thumbnails
eur-gbp-4h-trigger.gif   eur-jpy-4h-trigger.gif  
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Old Feb 6, 2012, 8:15am   #336
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Re: NFP - euro short vs gbp & jpy ?

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Originally Posted by Leia View Post
eur jpy order 100.50 stop 100.90 (-40 risk) target 97.00 (350 reward) R=8+
EUR JPY order has opened and price has hit 100.10, 40 pips profit and matching the distance of my stop

As per my rules I have now moved my stop to a break even position @ 100.50, so will either get stopped out for NIL, or look to trail my stop below price
Attached Thumbnails
eur-jpy-4h-stop-.gif  
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