The Trading Game - Oct 2013: Week 2

[barjon]

Here's an outline plan for one on Monday.

WPP is a gappy beast, though, so what it will look like after the open is anyone's guess. Will decide then.

 

[numbertea]

automated finally for ES

Based on my Bid Ask Market Sympathy indicator here is my entry for a nice trade day. The first two were winners and the dojis being traded on at the end were losers but immediately were exited as you can see.

To explain, the orange 'O's are where I am long and the purple 'X's are where I am short. It is a real time system so the entries and exits are on the open of the first bar after the signal to get in or out. These are 5 minute bars.

Thanks for your consideration.

Cheers

 

[Pat494]

Here's our first trading game thread for week 1 of our October Contest.

'The Trading Game' is a monthly game split into weeks. Each week players post on that week's game thread an actual trade they made that week. Members vote on the trades they like using the 'like' button. At the end of the week the top 5 trades with the most votes win points. At the end of the month, all the points from all the players are counted up and the top 3 players each win an Amazon Voucher.

This month's contest will last 5 weeks and end on Friday, 1st November.

Want to know more? Check out all the details here:
http://www.trade2win.com/boards/t2w-announcements/179522-trading-game.html

Let the game commence... good luck all!

I should have read it more carefully imo.
I was thinking it was meant to be a trade started at the time of posting. Zo it seems we can wait for a winning trade and then post it.

 

[numbertea]

Sorry all, looks like I saved my picture with the wrong date. That is 10-2.

Cheers

 

[Atilla]

Limit Order placed to SELL NZDJPY @ 81.60, Tgt @ 78.60, SL @ 82.60

Current price NZDJPY @ 81.057 - as of Sunday evening 6th October.

Daily chart indicators show over-sold so expecting some bounce. Over long time frame (since September) JPY depreciation is over-cooked imo. So expecting some convergence as per diag.

 

[barjon]

Here's an outline plan for one on Monday.

WPP is a gappy beast, though, so what it will look like after the open is anyone's guess. Will decide then.

opened 10 pt gap and quick to new low with market. Held vs FTSE then and I've put in a small taster (quarter position) as it went green above open at 1252.63. Doing this on SB where 3 point spread a bit of a bummer

Stop 1235

 

[bustech]

Looking for Tuesday trade in Aus /Asia

Short ASX and long FTSE.

Looking for daily variance of 40 and weekly variance close to zero.

My guess will be taken in first 30 mins of Sydney open or Hong Kong open.

Stop will be 4 to 11 hours, depends on when or if trade taken.

 

[bustech]

Just back from Asia for 4 day's then off again

Short DAX 8,618 (SB current price) - stop 8,800 aim 8,200 to 8,300 before month end.

Just need the US to start defaulting on the loans.

It's only a game.

Stop to B/E

Could get taken out with US shut down resolution.

But the more it drags the lower it should go.

 

[Pat494]

Here is a winning trade I have just made in Cad/Chf.
The times are Moscow time.

 

[barjon]

opened 10 pt gap and quick to new low with market. Held vs FTSE then and I've put in a small taster (quarter position) as it went green above open at 1252.63. Doing this on SB where 3 point spread a bit of a bummer

Stop 1235

actually got filled @ 1249.62 so bit over 10 to the good at the close.

i'd normally take stop off overnight and replace with a pro-rata FTSE hedge, but haven't got enough on for that so will just live with the hard stop and trust that the opening shenanigans don't catch me.

will look to add tomorrow if i can

 

[Sharky]

Here's the week 2 thread.

I've moved all posts relating to this week across. Next week we'll make sure we get it ready before the start of the new week.

 

[VielGeld]

I should have read it more carefully imo.
I was thinking it was meant to be a trade started at the time of posting. Zo it seems we can wait for a winning trade and then post it.

Tbh, I think this thread should only be composed of live calls. It's too easy to just say "hey, I made this great trade this week!" when there's no way to verify such a claim. I think we can all agree that making live calls would confer a degree of integrity to this contest.

Thoughts?

 

[Sharky]

Yeah, check out the rules here:
http://www.trade2win.com/boards/t2w-announcements/179522-trading-game.html

The entry should be posted BEFORE it's taken (or perhaps you think it's okay to post the trade IMMEDIATELY after taking it?)

 

[VielGeld]

Ah, it's already a rule. That's cool, then.

I think it's preferable to state things in this thread prior to a trade if possible, but I'm also ok with giving a small margin of error as the market won't generally move that much. Though for periods of high volatility like a news item, I think the trade must be called in advance or it's nulled.

 

[numbertea]

Ah, it's already a rule. That's cool, then.

I think it's preferable to state things in this thread prior to a trade if possible, but I'm also ok with giving a small margin of error as the market won't generally move that much. Though for periods of high volatility like a news item, I think the trade must be called in advance or it's nulled.

Guess I'm out of the competition then, good luck to all of you.

Cheers

 

[bustech]

Looking for Tuesday trade in Aus /Asia

Short ASX and long FTSE.

Looking for daily variance of 40 and weekly variance close to zero.

My guess will be taken in first 30 mins of Sydney open or Hong Kong open.

Stop will be 4 to 11 hours, depends on when or if trade taken.

Over night set up not right.

 

[barjon]

.........will look to add tomorrow if i can.........

Holding off. No sense in trying to buck a weak market (although WPP tried to begin with) so waiting for the tide to turn. Still in the green, though, albeit by a whisker

 

[Dick Lexic]

usd/jpy may be at "C" in the andrews pitchfork formation with the last low at 96.56..the targ is around 99.40

the price to watch imo is 97.07 ...the current price is 97.21 so could be low risk long using 97.07 as stop or 96.55 for the brave

not trading this just sharing chart/method so just ignore if it doesn't fit the rules

 

[barjon]

Damn Yanks - that's me stopped and joining a rather crowded locker room. I'll go again with it, but retired hurt for week 2.

 

[NVP]

lets roll

I'l l take my GBPUSD sell trade - entered at around 1.5986 ....see reasons here

http://www.trade2win.com/boards/for...-basic-ideas-strategies-1492.html#post2200854

lets take a S/L at 6127 as shown ........and the hell just let it run to EOW.........I think its gonna be a big move this week

N





http://www.trade2win.com/boards/for...-basic-ideas-strategies-1492.html#post2200854