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lovejoy80 replied Apr 22, 2010No worries...can you see why I stopped and reversed @ 82 for a long...just exited @ 83.40. That's the type of trades I love...well defined setups wiht obvious stop and revese targets...these types of trades I'll be increasing my risk on in future. I ...
My path to financial freedom
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lovejoy80 replied Apr 22, 2010yeah I saw that post too....missed that when looking at the weekly. G/CHf was painful as was EG today. Was looking for a touch trade @ 1.6600 short on G/CHf...didnt quite get there on last push up.
My path to financial freedom
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lovejoy80 replied Apr 22, 2010Thanks...as I say that is an extreme and even though I might have this amount at risk across correlated pairs at any one time I wouldnt take full losses so that might be amount theoretically at risk but in reality it's less

My path to financial freedom
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lovejoy80 replied Apr 22, 2010Can it break back up above the area it broke earlier today...
My path to financial freedom
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lovejoy80 replied Apr 22, 2010liquidated all shorts so only curent positions are long oil, EG, EJ, EU, AU, EA - all stops @ BE on these. Dow is retracing from TL back to PPZ i.e. back to break out area.
My path to financial freedom
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lovejoy80 replied Apr 22, 2010I'm on these too...only small positions though...gotta reverse one big falling rock there...went long oil too Pending shorts underneath E/J and E/U to catch breakouts.
My path to financial freedom
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lovejoy80 replied Apr 22, 2010I used to follow all the equities but found that following just dow is enough...maybe I should re-look into this.
My path to financial freedom
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lovejoy80 replied Apr 22, 2010It depends...I use 1-3% per trade, mostly 1% at the moment. If I add positions on teh same pari it will be in the direction of my trade and thus true risk is not same as initial risk if that makes sense. I try to limit max exposure to correlated ...
My path to financial freedom
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lovejoy80 replied Apr 22, 2010Just missed my buy order . All trades going well (well you cant really get it wrong with moves like today can you) apart from EG which is being stubborn...EG really depends on whether EU makes new yearly lows or stalls...looks heavy at the moment. ...
My path to financial freedom
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lovejoy80 replied Apr 22, 2010Wow that was quick took gold short and went to put SL in and kaboom...dow futures are plummeting with DJI too

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lovejoy80 replied Apr 22, 2010If this holds then we could see a retracement back to the TL on UC? currently playing the 4HR BEOB on Oil down to this area
My path to financial freedom
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lovejoy80 replied Apr 22, 2010increase sizes in line with whatver my current closed balance is..well roughly speaking. I'm going to be withdrawing some soon though to pay for some future living costs so everything is paid for and thus what I have left to trade will be just money ...
My path to financial freedom
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lovejoy80 replied Apr 22, 2010I'm already in from yesterday...had a pending order today on the blue line but it missed it. It's deja vu again...what happened last week...oh yeah 1HR trendline got a great entry on UC but then ohhh yeah I closed out my entry that had a 7 pip risk ...
My path to financial freedom
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lovejoy80 replied Apr 22, 2010Some stats... Week 1 47 trades, 70.2% win rate, 110.57% account increase Week 2 84 trades, 69.0% win rate, 94.62% account increase on prior week Week 3 60 trades, (up until yesterday) 55.0% win rate, 7.15% account increase on prior week. This ...
My path to financial freedom
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lovejoy80 replied Apr 22, 2010as I mentioned earlier...we need to break this area for EU to continue down...I would prefer a retrecement - so my EG longs will and G/CHF shorts will take off.
For this reason I've taken all profit on my EU shorts and wil get back in on any ...My path to financial freedom
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lovejoy80 replied Apr 22, 2010Yep... I will do...having over 20 positions open is too much and too stressfull. I want to be able to trade calmly and in control and sometimes I'm all over the place. Trading just the major daily / weekly PPZ areas is definitely what I want to ...
My path to financial freedom
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lovejoy80 replied Apr 22, 2010Can you see what an alternative plan could have been? You had a great entry and a great setup and you exited for some nice pips...but one look @ the 4Hr (not sure if it shows it on your feed) and seeing that 4HR BEOB there would be no way I would ...
My path to financial freedom
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lovejoy80 replied Apr 22, 2010lol...I know I've written myself a metal note that one of my aims is to sloooooooowwww down and take less trades...being more picky and increasing risk is how I'd prefer to be going forward. Presume you were all over the xxx/jpy and xxx/usd shorts ...
My path to financial freedom
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lovejoy80 replied Apr 22, 2010I've taken some profits on GU and GJ shorts ahead of US economic news and Equity opens. I'm holding my CJ short and UC longs due to BEOB on Oil 4HR and and short Oil. Still long EG and short G/CHF (gulp). EU still holding until 13300 area is reached ...
My path to financial freedom