Pin Bar System

[pocrel]

order pending on audusd again @ 10109 stop 10073

 

[pocrel]

order pending on audusd again @ 10109 stop 10073

View attachment 126162

long audusd now from 10110 stop 10173

 

[deebee1]

do u mean stop 100773

 

[pocrel]

do u mean stop 100773

sorry bad typing, finally trade is moving up, stop is at 1.0073

thanks deebee

target is 1.0147


If your unsure please always revert back to the chart as I can make a typo and the chart never lies

 

[deebee1]

do you anticipate a breach of 10135?

 

[deebee1]

nice, just closed at 10150 that was a good call

 

[pocrel]

Closing full audusd position

+37 points

+£151

portfolio balance £10,250

back after lunch

 

[deebee1]

may i ask what sizes you trade?

 

[pocrel]

Back watching for setups

As for my position sizing deebee1, I am risking 1.5% of the portfolio balance per trade

Everyone else has different risk tolerance but I find that is the correct level for me

 

[pocrel]

Finished for the day due to work commitments and I feel I have missed the move and I would only be chasing the markets now

back on Friday

1 trade +37 points

+£151

portfolio balance £10,250

 

[deebee1]

ok, cool. im still abit new to the money management part... so far im doing ok.

see you friday, have a good week till then!!!

 

[pocrel]

Morning, watching markets for setups

 

[pocrel]

Morning, watching markets for setups

Very dull, until something happens I am sitting on the side lines, we need some volume, looks like its going to be an early christmas for me

 

[Vaco]

I think this is it till the new year now, take the next two/three weeks off.

 

[pocrel]

I think this is it till the new year now, take the next two/three weeks off.

Think your right there Vaco, going to trade till 1pm if I see anything I will post, Ftse was looking interesting for a long position but the reversal seems to be turning into a full blown one so we will have to see

Just want to wish everyone a Happy Christmas and new year prosperous New Year and thanks for all the support over the year :cheers::cheers:

 

[pocrel]

Markets are buys but that's me done till the new year, take care and have a safe christmas

 

[wackypete2]

Markets are buys but that's me done till the new year, take care and have a safe christmas

Merry Christmas and Happy New Year!

Peter

 

[jowhansen]

Someone started up trading again? ..

 

[victorharbor]

pocrel

Thanks for this thread. It looks like the sort of strategy that appeals to me,simple but profitable. I have read 31 pages to date and intend to start demoing after I have read more. Where can I get the indicator shown in all your charts in Indicator Window 1
Wishing you good health and good luck for the new year.

 

[deebee1]

pocrel

Thanks for this thread. It looks like the sort of strategy that appeals to me,simple but profitable. I have read 31 pages to date and intend to start demoing after I have read more. Where can I get the indicator shown in all your charts in Indicator Window 1
Wishing you good health and good luck for the new year.

i agree,
i might try demo it myself...