Forex trading live calls and set ups

[Lord Flasheart]

GU seems to have made a decent range to breakout of. 1.618 (Fib!!!!) and 1.612.
nice and neat and clear.

seriously hope so

 

[Lord Flasheart]

GU seems to have made a decent range to breakout of. 1.618 (Fib!!!!) and 1.612.
nice and neat and clear.

fibs drawn from where

 

[Lord Flasheart]

dam missed eur/jpy signal while watching gbp

 

[trendie]

fibs drawn from where

the Fib number of 1.618. the price itself. I'm just being silly.

 

[Lord Flasheart]

i should have had 100 pips in the bag already,its a lot harder trading it live when lots of sigs come at once

 

[bedsit]

1/2 out, stop for the rest to b/e

 

[Lord Flasheart]

short gbp again at 1.6145 s/l 18

its gone up come down and triggered me again, this si so alien to me taking same trade at similar price after losing 20 pips on it

settled for + 40

i can smile again after the last two days

 

[bedsit]

1/2 out, stop for the rest to b/e

1/4 out & stop lower

...and stopped.

 

[Lord Flasheart]

long eur/gbp at 8521 s/l 12

 

[Lord Flasheart]

long eur/jpy at 113.03 s/l 24

gotta take the signals as they come,im risking most of the days profit with these trades,but have to stick to rules

 

[Black Swan]

long eur/jpy at 113.03 s/l 24

gotta take the signals as they come,im risking most of the days profit with these trades,but have to stick to rules

I've mentioned this before but I'll ask again; do you not have a rule for being circa 50 pips up for the day, (on your day-trading), and consequently calling it a day?

 

[Lord Flasheart]

long eur/gbp at 8521 s/l 12

-12

 

[Dinos]

Long eur/usd @ 1.3741

 

[Lord Flasheart]

I've mentioned this before but I'll ask again; do you not have a rule for being circa 50 pips up for the day, (on your day-trading), and consequently calling it a day?

i did answer a few days ago
Not really as when i backtested it was based on taking all signals between 7am-and 1pm at latest. I cant see why stopping at a set target would help,i could miss the winning trade which may take away the edge i believe i have. I may be able to work something in the future but not for now. Im comfortable with this as it is a method that has strick rules, so mistakes should be far and few between.

 

[Dinos]

Closed half position for +15

 

[Dinos]

Closed remainder for +21

 

[Lord Flasheart]

having said that, today has thrown up some things to think about,there is now a gbp signal long that should be in place and an eur/usd approaching,as im already long eur/jpy i wont take eur long,but should i have taken gbp. In testing there wasnt a day like this. im keeping two records, 1 of trades i take and 1 of all trades in real time. My stakes are no more than £5 pp at moment so can increase when minor hitches sorted out.even a strike rate of 33% should produce 50 pips a week,so with bigger stakes its enough

 

[trendie]

news?
GU, EU and EJ all spiking sharply down.
nothng on ForexFactorys calendar. must be the G20?

 

[Vaco]

Not kept up with the thread as I've been busy,

been choppy for me so far this week and yesterday i got a good ass kicking, today has been much better but still down for the week.

Hows everybody elses pip count so far this week??

 

[Lord Flasheart]

long eur/jpy at 113.03 s/l 24

gotta take the signals as they come,im risking most of the days profit with these trades,but have to stick to rules

-24

still +9 for the day,this is hard work this week but discipline has been good