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- EasyTrader replied Feb 4, 2010
2d (0.1) position @ 1.0602 has been triggered. SET 1st position to break even.
Semi Martingale Strategy
- EasyTrader replied Feb 3, 2010
I'll post another trade today. USDCHF 1st position @ 1.0582 SHORT (0.1) Reason: Resistance @ 1.0600 on H1. Psychological level.
Semi Martingale Strategy
- EasyTrader replied Feb 3, 2010
UPDATE on AUSUSD Close position with 60 pips profit ($60) @ 0.8840 Total profit for today = $110 Enough for today.
Semi Martingale Strategy
- EasyTrader replied Feb 3, 2010
I'm waiting for some funds to start live. Want to start live with $1000.00. I'll start live in two weeks from now. Maybe i'll consider posting a journal here. I live in Rustenburg
Semi Martingale Strategy
- EasyTrader replied Feb 3, 2010
My next trade is on the AUSUSD Main trend on Daily is down. On h4 we had a pullback up to the 23.6 fibo (0.8780 - 0.9327). Top of channel hit. 8900 psychological level 1st position (0.1) @ 08900 Lets wait and see what happens
Semi Martingale Strategy
- EasyTrader replied Feb 3, 2010
UPDATE on GBPUSD Closed positions @ 1.6000 with TP of 50 PIPS ($50 - 0.1 lots) Forgive me if I made mistakes in explaining what I did. Summary: 1st position (0.1) was taken @ 1.5970. Price moved up to 1.5990 to trigger 2d position (0.1). Came back ...
Semi Martingale Strategy
- EasyTrader replied Feb 3, 2010
UPDATE on GBPUSD 3d position (1.6050) closed (0.1) ($20). Now this position becomes 1st position (0.1). and the whole grid moves up. Total profit $0 The position @ 1.6050 is currently in profit with 29 Pips @ 1.6021 and TP is set to 50 PIPS (have to ...
Semi Martingale Strategy
- EasyTrader replied Feb 3, 2010
UPDATE on GBPUSD Closed 1st, 2d & 3d positions. 1st (-$40) + 2d (-$20) + 3d ($0) = -$60 Closed half of the 4th position (0.2) with (+$40) TOTAL profit is -$20 Move grid up with 4th position becoming 3d. If $20 profit. Close half of position (0.1) ...
Semi Martingale Strategy
- EasyTrader replied Feb 3, 2010
UPDATE on GBPUSD 4th position (0.4) @ 1.6050 has been triggered 3d, 2d & 1st has been modified to 1.6030.
Semi Martingale Strategy
- EasyTrader replied Feb 3, 2010
UPDATE: 3d position has been triggered. @ 1.6030. 2d position is set to break even. 1st position is set to -20PIPS @ 1.6010
Semi Martingale Strategy
- EasyTrader replied Feb 3, 2010
UPDATE: on GBPUSD 1.6010 has been triggered. Remember my first position was 1.5970, but it triggered the 2d position (1.5990) and moved back down to the first. The first was a break even and the whole grid moved up. My 1st position now is 1.5990 ...
Semi Martingale Strategy
- EasyTrader replied Feb 2, 2010
I realize that I have left everyone in the every dark on some issues. I'm going to add it on the original thread. Please go back and read.
Semi Martingale Strategy
- EasyTrader replied Feb 2, 2010
Depends on your targets. I aim for 100 PIPS p/d. Two setups with TP of 50 PIPS.
Semi Martingale Strategy
- EasyTrader replied Feb 2, 2010
I am privileged to stay in South Africa. Our time is GMT +2. The London session opens 10:00am and the New York 14:00pm. I have both sessions to trade. Yes. I've traded this with EURUSD, GBPUSD, USDCHF, USDJPY, USDCAD. But EURUSD most. Since Des 2009 ...
Semi Martingale Strategy
- EasyTrader replied Feb 2, 2010
I've heard of blessing3 EA. Would like to test it myself, BUT I still want to enter the first position myself based on analysis and looking for high probability trades.
Semi Martingale Strategy
- EasyTrader replied Feb 2, 2010
UPDATE: GBPUSD (SHORT) 1st position was closed @ 1.5970 with $0 2nd position @ 1.5990 has become my first position (0.1 lots) and the grid moves up. Currently @ 1.5978
Semi Martingale Strategy
- EasyTrader replied Feb 2, 2010
I'm not gonna place all my trades here, only some to give you an example of how I do it. The next trade entry I'm looking at is the EURUSD. I'm going to short it @ 1.3980. Reason. Main trend has been down. Pullback from 1.3852 and Resistance are ...
Semi Martingale Strategy
- EasyTrader replied Feb 2, 2010
Look for high and lows on the daily or H4 chart of the previous trend if a pullback is happening. If the SR levels are close to the fibo levels, it is an indication that these levels are strong. Remember, that all of us can see those levels. And ...
Semi Martingale Strategy
- EasyTrader replied Feb 2, 2010
Remember, I'm not counter trend trading. I'm actually trading against the pullback. So far, nothing happened and 20 PIPS will be fine to recover, BUT you are correct. It might just run against the main trend for 200 PIPS without retracing. I'm aware ...
Semi Martingale Strategy