- Search Crypto Craft
-
stewartr replied Apr 1, 2008Trade 18 - Euro USD - stopped out (-60 pips) — Stopped out: -60 pips What did I do well? I followed the trend (up trend). All the conditions were in place: stoch oversold (pull back) Emas stretched out (trending), daily trend in place too. ...
StewartR - I want my trading to be boring.
-
stewartr replied Apr 1, 2008Trade 18 - Euro USD — Daily trend up 4 hour trend up Price action - Pin bar Stoch oversold (possibly meaning the correction has had enough) I entered at the close of the pb with a stop below it. I suspect there'll be a retracement on the pin ...
StewartR - I want my trading to be boring.
-
stewartr replied Apr 1, 2008Comment on Sean's comment — Sean - I just read your comment. What is interesting is: I had the exact opposite logic. I thought "we've had 3 days of price moving sideways, there's enough sellers around to absorb all the buyers". Both of us had ...
Jacko's Forex House of Pleasure and Pain
-
stewartr replied Apr 1, 2008trade 17 -eur usd closed +81 — Closed at +81 pips. I moved the stop when price hit a support area and started stalling.
StewartR - I want my trading to be boring.
-
stewartr replied Apr 1, 2008I wonder? — We've had a run of 1400+ pips since early Feb and the biggest pull back was due to just two red candles on the 18th and 20th of march. How far does the market have to go to work off a 1400+pip run? Is the 260 pip drop in the last ...
Jacko's Forex House of Pleasure and Pain
-
stewartr replied Apr 1, 2008trade 17 -eur usd (up 74 pips now) — This is not one of my typical trades. I am a trend trader and I enter on pull backs. But this trade was screaming "short me you id**t!". I tried (I really tried) to stick to my plan and not trade it - but I ...
StewartR - I want my trading to be boring.
-
stewartr replied Mar 31, 2008trade 16 closed - was up nearly 100 pips - closed at +10 — went to bed - had a good sleep - woke up to see the trade had moved exactly 100 pips from my entry and then reversed. I was stopped out at +10
StewartR - I want my trading to be boring.
-
stewartr replied Mar 31, 2008Trade 16 - USDCHF — Took this trade a few hours ago - so far up 35pips - moved stop to b.e. Now I'll leave the stop in place until I get a clear indication of a reversal.
StewartR - I want my trading to be boring.
-
stewartr replied Mar 30, 2008usdjpy trade closed +27 pips — was up 100 pips at one point. Stop was moved to +27 pips to make sure I never let a profit turn into a loss.
StewartR - I want my trading to be boring.
-
stewartr replied Mar 30, 2008Trading is not that precise — Hi everyone: I have had a couple of people send me private messages asking about cross overs of the emas. I am grateful for the questions. They encourage me to crystalise my thinking too. Please let me wax lyrical ...
StewartR - I want my trading to be boring.
-
stewartr replied Mar 28, 2008what I look for in an entry — Here's the same chart but on a daily time frame. Strong trend. Its been trending for months - there have been heaps of entries on the 4 hour chart and even more on a 1 hour chart. THere's no need to trade when the ...
StewartR - I want my trading to be boring.
-
stewartr replied Mar 28, 2008what I look for in an entry — USDJPY trade I am in now. hour chart 21<55<89 - meets the definition of a trend stoch at extreme price showed some weakness by closing near the bottom of the candle There are enough of these trades to keep my ...
StewartR - I want my trading to be boring.
-
stewartr replied Mar 28, 2008Jets - you asked for my thoughts on the gbpusd (2) — Daily - trend is sideways to me. So daily is sideways, 4 hour is sideways - I'll sit it out and wait. I wont even bother looking at the 1 hour. Next I'll post what I consider to be a good ...
StewartR - I want my trading to be boring.
-
stewartr replied Mar 28, 2008Jets - you asked for my thoughts on the gbpusd — Start with the 4 hour Moving averages have crossed to show an uptrend. But its only just starting. I prefer to enter when the MAs are spacing out and the trend is really moving. I would not be ...
StewartR - I want my trading to be boring.
-
stewartr replied Mar 28, 2008Thanks Jets — Jets - Let me know if I havent made myself clear. I'll give you my thoughts on the gbp next
StewartR - I want my trading to be boring.
-
stewartr replied Mar 28, 2008Trade 15 UsdJpy Short — 21 55 and 89 ema on 4 hour are down same on daily so trend is down bearish candle after a pull back So I'm in (short at 99.84)
StewartR - I want my trading to be boring.
-
stewartr replied Mar 28, 2008Waiting — No clear signals for a while now. I am a trend trader and none of the pairs I am following has pulled back enough. I wait. So my official position just now is "no position".
StewartR - I want my trading to be boring.
-
stewartr replied Mar 27, 2008Thanks Jets — Hi Jets, Interesting that I closed the euro trade at +10 and then it launched itself 500 pips. Ouch! But the AUDJPY trade was closed at +10 and would have ended up as a loss. This system is really designed to give: a few small ...
StewartR - I want my trading to be boring.
-
stewartr replied Mar 26, 2008AUD JPY Trade 14 +10pips (was up 67 pips) — closed the trade at +10 pips market had moved +67 pips and I moved stop to +10. Them's the breaks. My backtesting shows that its better to let the profits run than it is to target a 50pip or 100 pip ...
StewartR - I want my trading to be boring.
-
stewartr replied Mar 26, 2008Trade 14 - audjpy — I have not traded this pair before. Trend is down (emas) Pull back is sufficient (stoch way up high). Took the entry - now its out of my control. (Interesting that I have little confidence in this trade becuase I know ...
StewartR - I want my trading to be boring.