April '04 Forex

[ivorm]

Jeez FC !! Go and arrange another meeting now !!

Regards,

 

[ChowClown]

goobs, I just take one trade on the mech system (1am-8am) so today the long was triggered at 1.1839/40, which is still running, I just cancel the other order when one is hit - I think this version only trades once per day? - one thing though I'm interpreting the close of the 2 bar time limit, after the 8am bar as 11am, not 10am. Don't know if this would make a significant difference in backtesting....

 

[Volatile]

Hmm went long at 8.20 - day start, made about 10 pips
Shorted 11.28 - stopped and reversed 12:58 up another 5
Took profits 14:15 up 75
Made dubious scalp decision 2.30 stopped and reversed shortly afterwards down 15
system gave exit just after 3pm - another 5 pips
currently short with 15 pip stop

Day so far - up 80 so pretty reasonable

 

[ChowClown]

....fantastic FC, off for Tea & Cakes now I expect

 

[FetteredChinos]

15 min chart just signalled a buy.

200 EMA sloping up, and 20 crossing through 50.

call me Vince

lets see what happens. just pyramided into my position

FC

 

[neil]

So I would be long from 1.1881 0n Euro by my interpretation of the Horned One's system.

Bailed out at 1908 cos I don't like the spike up - might spike down just as quickly - but I am happy.

Sob: If only I tarried a little longer

Still - a profit is a profit.

Congrats on your trades fellas

 

[Bluewave]

One of the better days.... just doubled my Forex trading account with:

£/$ = +155
€/$ = +124

...both from limit buys I set up last night using Fib levels. The funny (lucky?) thing is I forgot all about the news out today.

 

[Goober]

Well done lads.

 

[FetteredChinos]

erm bluewave, what sort of position sizing are you doing??

doubling your account with +270????


i thought i was aggressive!

FC

 

[ivorm]

Stopped out at 1945 for +111. My best so far .

 

[Goober]

FC

Do I see those damn moving averages again

 

[FetteredChinos]

lol red-handed mate. i normally dont use them. price action only.

indicators are there for confirmation. i still think buying the dips is the way this afternoon.

FC

 

[Goober]

FC

Did I read somewhere before that you are employed as an Accountant? If so, do you have unrestricted access to your charts? I ask, because I am employed, but have limited access to charts, which obviously restricts my trading.

 

[Bluewave]

erm bluewave, what sort of position sizing are you doing??

doubling your account with +270????


i thought i was aggressive!

FC

Sorry, gave the wrong impression there. While the position was quite "chunky", I meant these 2 trades tipped my overall account balance to twice what is was when I started trading Forex. Most of the other trades were nice common-or-garden 20-50 pointers.

Am now £/$ short and +17 as I write, with trailing stop in place.

 

[FetteredChinos]

at the moment goobs, we have unrestricted internet here.

benefits of working for a meeja company.

trouble is, an email went round yesterday saying they are gonna cut down on unnecessary surfing etc, and firewall all the important sites like hotmail.

they will allow certain sites though if a "business case can be made" lol. i wonder if i can persuade them that my part-time trading is necessary for their company lol.

hmm, could be up that creek once more

FC

 

[neil]

Spot of education whilst we count our dosh

http://www.pfxtrade.com/classroom/class_trading_overview.asp

 

[FetteredChinos]

surely not???


mega bull flag perhaps? one to watch. 200 point target. sheesh!

FC

 

[ChowClown]

Thanks neil, great chart room there.

 

[FetteredChinos]

are we off to trend up for the rest of the day now?? hope so.


pink trend lines. nice.


FC

 

[ChowClown]

...looking good FC.