Mr Cat learns to trade

[robicat]

New day - best way to atone is get back on track.

EurUSD

Scaled in as the retracement ended and trend returned.

Sell 11 @ Ave 1.44907 Stop @ 1.45100 = 2.2 Risk

Now

Sell 15 @ Ave 1.44843 Stop 1.44970 = 1.8 Risk (pp 1.6)

Now

Sell 20 @ Ave 144822 Stop 144967 Risk Risk = 2.8

Now 16 @ 144860 Stop 144967 Risk 1.6

Now 16 @ 144860 Stop 144860 Risk 0 (pp4.1)

 

[robicat]

Now 11 @ 1.44-811 stop 1.44-867 = .55 Risk

Stop moved to 811 - risk 0 Closed profit on deal 1.6

 

[robicat]

Closed out - total profit on trade $23.75. (paper profit peaked at $50)

 

[robicat]

New Trade

EUR/USD 1 S 1.44758 Stop 1.45550 Risk .76

USD/JPY 3 S 108.279 Stop 108.400 Risk .36

EUR/JPY 2 S 156.774 Stop 157.000 Risk .5

 

[robicat]

Closed
USD/JPY 3 S 108.279 108.212 Profit 1.86

Current open

EUR/USD 1 S 1.44305 Stop 1.44757
EUR/JPY 2 S 156.774 Stop 156.772
EUR/USD 1 S 1.44758 Stop 1.44758

overall risk =.4 Locked in 1.6

EUR/USD 3 S 1.44200 Stop 1.44757

overall risk .95

EUR/JPY 3 S 155.554 Stop 156.772

Overall risk 2.2 (pp3.6)

Moves stop in 156.042 on EuroJpy = 0 risk

== overall risk .4

 

[robicat]

Overall risk = .4 locked in profit = 1.6

Moved stop on EUROUSD to 144333 = zero risk.

 

[robicat]

6187943 00240103 EUR/USD 1 S 1.44758 1.43853 90.5 9.05 0.00 4/09/2008 08:01 4/09/2008 10:55
6188313 00240103 EUR/JPY 2 S 156.774 155.305 293.8 27.16 0.00 4/09/2008 08:33 4/09/2008 10:55
6190312 00240103 EUR/USD 1 S 1.44305 1.43852 45.3 4.53 0.00 4/09/2008 10:14 4/09/2008 10:55
6190498 00240103 EUR/USD 3 S 1.44200 1.43852 104.4 10.44 0.00 4/09/2008 10:24 4/09/2008 10:55
6190851 00240103 EUR/JPY 3 S 155.554 155.295 77.7 7.18 0.00 4/09/2008 10:37 4/09/2008 10:55
6188084 00240103 USD/JPY 3 S 108.279 108.212 20.1 1.86 0.00 4/09/2008 08:11 4/09/2008 10:10
6185914 00240103 EUR/USD 1 S 1.44898 1.44742 15.6 1.56 0.00 4/09/2008 06:12 4/09/2008 07:54
6185955 00240103 EUR/USD 2 S 1.44861 1.44742 23.8 2.38 0.00 4/09/2008 06:18 4/09/2008 07:54
6186018 00240103 EUR/USD 3 S 1.44838 1.44739 29.7 2.97 0.00 4/09/2008 06:30 4/09/2008 07:54
6186757 00240103 EUR/USD 5 S 1.44758 1.44741 8.5 0.85 0.00 4/09/2008 07:02 4/09/2008 07:54
6185802 00240103 EUR/USD 5 S 1.44968 1.44693 137.5 13.75 0.00 4/09/2008 06:06 4/09/2008 07:46
6186260 00240103 EUR/USD 4 S 1.44668 1.44612 22.4 2.24 0.00 4/09/2008 06:46 4/09/2008 07:13
Total 33 869.3 83.97 0.00

 

[robicat]

Result +8.4

W/L 12-0

Thurday +2, +24, +58

Good result as it was achieved with managed risk.

 

[trader_dante]

EURUSD - Qualified for trade. Awaiting trigger.

Stop will be 146300.

You're not selling it down here are you?!

 

[robicat]

Thanks for reading my notes....trader dante.... not sure that was days ago. I probably was though from memory i dont think that signal traded.

 

[trader_dante]

Thanks for reading my notes....trader dante.... not sure that was days ago. I probably was though from memory i dont think that signal traded.

Yes, apologies I didn't see the date you posted. I was going through the forums making a few tongue in cheek posts last night. This was one of them I am afraid. And don't I feel like a fool that the Euro sank almost 100 ticks minutes after I posted it

 

[robicat]

Cool.

I appreciate yr interest.

Im trying to work a system that doesn't need me to be right that much lol - tho it seems this trading caper is all about finding a trend and jumping on it early. My plan is to be in the market through little low risk deals that grind up a profit and that point in the right direction so when something happens I can benifit from it. So im using 1 hr chart to qualify and then 1 min chart to trigger build and closeout the deal.

Also seeing how tight I can get the drawdown. If it comes out at say 2% ill up the stakes to min risk say 5%.


I'm working on the 1000 into 1100 end of the plan.

 

[hwsteele]

How are you doing overall with your trading?
Has it helped to have it put up for the world to see or has that made no difference?
Just wondering as was thinking of doing the same.

 

[robicat]

How are you doing overall with your trading?
Has it helped to have it put up for the world to see or has that made no difference?
Just wondering as was thinking of doing the same.

Thus far my system is making profits.

Its good - gives paper trading an edge, and cuts out self deception.

Also it makes me constantly calculate risk. It has been helpful in evaluating the psychological lapses as well.

Am currently thinking about what to journal and what not to...

 

[robicat]

AUD/USD 1 S 0.82157 Stop 0.82445 .29 Risk
GBP/USD 2 S 1.76447 Stop 1.76675 .43 Risk
EUR/USD 1 S 1.42084 Stop 1.42317 .23 Risk Overall risk .95

Opened a CHFEUR closed at .16 loss

 

[robicat]

Closed position +15

 

[robicat]

USD/JPY 1 S 108.620 Stop 108.932 Risk .32
USD/JPY 1 S 108.586 108.932 Risk .34
USD/JPY 2 S 108.515 108.932 Risk .83 Overall 1.5

Ave Entry 108.559

Stop Moved to 800 Risk = .96

 

[robicat]

EUR/USD 2 S 1.42137 Stop 1.42400 .57 Risk (Open)
Closed USDJPYPosition -7

Closout EUR?USD -2


+15, -7, -2

 

[robicat]

EUR/USD 4 S 1.42149 1.42230 Closed out Loss 3.24 (NB went befor e trigger .... trigger would have filtered the trade) (EQ - keen to catch a fast flow..... want to get position rolling ..... need to wait for it to come)

+ 15, -7, -2, -3,

 

[robicat]

EUR/GBP 4 S 0.80605 Stop 0.80700 .4 Risk
EUR/GBP 2 S 0.80565 0.80700 .3 Risk
EUR/GBP 1 S 0.80550 0.80700 .15 Risk

Ave586Stop700 = 1.2% risk