Recent content by Rupert206

GBPAUD ducks are lined up nicely.Order to buy @ 185.85. Stop 184.50. Target 190 area, previous pivot high. GBPUSD ducks beginning to line up. Just need to 4 hour to dip and close below. I'd look to sell below previous support @ 162.72. Stop 163.45 (previous PH) and target the 1.60 Round number...

I got triggered and stop out of CADJPY at around midnight for a 30 pip loss. Got triggered into NZDCAD overnight at 3am and limit reached at 4pm for a nice 118 pips. Target was set just above the 08/04/13 pivot high. Not a bad system. Order in to sell AUDCAD @ 97.34. Stop at 98.06. No set...

Thoughts on CADJPY? The ducks have lined up nicely.

Another winner today...12 in a row now. Have used metatrader to back test manually and the win rate since January is pretty impressive. Seems to work well on a range of between 10 and 20 points. Opening range was 17 points. High -6437 Low - 6420 Buy @ 6437. Target of 6454 hit.

Thanks counter_violent, I will download a demo. Another wining trade on this system today, so 11 in a row now. Opening range was 19 points. High -6388 Low - 6369 Buy @ 6388. Target of 6407

The system is a simple opening range breakout system that I've been back testing. However my spread betting company only give 10 days of past data on the 30 minute time frame. So wondering if anyone with more data can help me test it. Currently for the past 10 days it has captured 153 pips, so...

Oliver, I’m spread betting too. Stocks as well as currencies. Good trade on SPD, wish I had held on or even re-entered after getting spooked out, it would still have ended up a profitable trade most likely. I’m trying to be a position trader, trading with the trend, buying on pullbacks if the...

btw agree with your blog post about letting the stops get hit and not closing out early. I've had many a moment where if I had left the position alone to get stopped out as per original plan rather than interfere then I would still be in the position and sitting on a nice profit. Good example...

I noticed you got off to a bad start initially but picked up once the fiscal cliff got sorted and markets started rallying. Your system seems to do well in a trending markets. Are you looking at any short setups to make profit on the way down should there be a correction? seems like all your...

So you're up £23k since December? Thats pretty good going on a 30k pot. Impressed with the performance, looks like you will be hitting your target pretty soon if this run continues. Had a look through your blog, it appears that all the trades are long? is that correct?

You're using a practice account? :lol:

Thanks Neil. I actually knew the answer to the question...But was hoping for an interesting response from the O.P about how his strategy is in fact the holy grail to trading and we've all been doing it wrong using stops etc. I guess with an unlimited pot size this strategy would probably work...

What happens if the position keeps going against you? Do you continue adding? What if its 10% against you, do you close?

Hey Trader_d - You've been posting trades since 2010. How has your system performed over those years?

Which spreadbetter lets you go short facebook stock? CapitalSpreads doesnt allow it...anyone know who does?