Hmmmm that was convenient!! I wish my EA had done the same...now the same trade is currently down $10.33 and not looking too promising.
I have four accounts and the trade that opened at 12-5, three closed out. Two closed out at 30 pips, one closed out with 40 pips and one is still open like yours. The $2M account just got lucky. On 12-6 18:30, the GBP dipped down just close enough to get 40 pips. It was very close and the spread kept the still-open trade from closing.
Anyway, you are not the only one with an open trade. Currently that one is -125 pips. I have a friend who also has the same trade open. Last night it dipped to -143. That may be open for awhile until the GBP decides to dive like the "pros" forecast it may.
You can watch a clip on what they have to say.
watch a clip
My guess, today's news for the USD at 8:30 eastern will help the GBP decide where to go.
Ok, now that long trade is officially closed out in profit. :clap:
Today opened two trades for 15 and 40 pips. :clap:
Because some of you had one open trade from last week you probably just had one trade open for 15 pips today. That's ok, still all in profit. :clap:
Today opened two trades for 15 and 40 pips. :clap:
Because some of you had one open trade from last week you probably just had one trade open for 15 pips today. That's ok, still all in profit. :clap:
Ok, now that long trade is officially closed out in profit. :clap:
Today opened two trades for 15 and 40 pips. :clap:
Because some of you had one open trade from last week you probably just had one trade open for 15 pips today. That's ok, still all in profit. :clap:
Yep looks like the pros prediction for cable were correct. My trade from the 5th came in from the cold and gave me 40 pips. You have previously said that you will continue trading this system through the Xmas holiday period. Is this still your intention?
Yes, my system seems to plow through this month just like any other month. I have reduced my risk until January simply because this is my first December using the system but I am still trading straight though this month.
What risk percentage have you reduced down to?
Hotch
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>£2mil
Masquerade
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All data is found here: [url=http://www.myfxbook.com/members/collegefund/2000000-goal/179782]
[/URL]Two more trades opened and one closed with a grand 2 pips again with one still open looking for 40 pips.
bushmanusa
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What method are you using for USDJPY?
It's the same as the GBPUSD using the hour chart.
Vaco
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tkbieber,
After briefly looking at this thread I was going to watch with interest and wish you all the best, your growth chart on myfxbook looks impresive as well.
HOWEVER
Then I noticed that you have lots per trade as private, not a problem easy to work out with the info available.
On the other hand keeping your open trades private raises some quesions regarding your performance.
For all we know you have several trades running at a loss wipeing out all your gains or worse still a trade that you have allowed to go beyond 250 pips loss.
So unless the open trades were to be made visible I would have to say that you will blow up.
If the reason for keeping open trades private is so that trades can not be piggy backed by others, then you can take a screenshot of your myfxbook page once a week showing us the performance including the open trades.
All the best.
After briefly looking at this thread I was going to watch with interest and wish you all the best, your growth chart on myfxbook looks impresive as well.
HOWEVER
Then I noticed that you have lots per trade as private, not a problem easy to work out with the info available.
On the other hand keeping your open trades private raises some quesions regarding your performance.
For all we know you have several trades running at a loss wipeing out all your gains or worse still a trade that you have allowed to go beyond 250 pips loss.
So unless the open trades were to be made visible I would have to say that you will blow up.
If the reason for keeping open trades private is so that trades can not be piggy backed by others, then you can take a screenshot of your myfxbook page once a week showing us the performance including the open trades.
All the best.
Yes, this has been hashed out previously. Yes, I am not a signal service and care not about handing out piggy-back rides.
Actually, the stop loss is not the issue as much as percent in DD. Example, I can have a 1,000 pip SL and be in DD of 5% when it goes -999 or I can have a SL of 100 pips and have a DD of 25% when it goes to -99. Take a look at the equity against the balance. In theory, yes, I could have a trade more than -225 pips but if the equity only shows -12% with currently a max DD of 14.84%, than that is really what counts. But no, if a trade hits -225, she's out!
It's all about leverage and leverage dictates DD more than SL.
