Long Yen [attach]1601951[/attach Update: +1% image

profitable Zigzag

Thanks handy. have you back-tested it in recent times? i have not but fear that the London Fakeout has put paid to it's success? share your results.

profitable Zigzag

very respectable. equates to +37% for the month! Have a great Weekend.

profitable Zigzag

That's a sentiment we can all relate to ihezzz. How many times after two quick losses do we miss out the next trade only to watch it fly to TP! Keeping the mindset that 'anything can happen' and 'i don't know what will happen' is critical and ...

profitable Zigzag

oh ok handy what have you been finding?

profitable Zigzag

Enough for the morning here is the summary: E 0 (missed a +1% trade) G -0.5%, +1%, -1% A 0 (sadly no short entry according to my rules) J +1% Net +0.5% not great but it is Friday. My trading may be light this afternoon.

profitable Zigzag

Just long the cable. 3 trades in one morning in this pair that is chancing it! Update: sure enough it hit SL. -1% image

profitable Zigzag

I missed the Euro short? Anyone get it?

profitable Zigzag

For once trailing my stop paid off on cable. My original sl was hit and the market reversed to give me another trade short.+1% when I shorted. image

profitable Zigzag

Short the yen still. UPDATE: May consider dumping this trade. It does look like a nice pennant setup but i am keen not to lose my current +0.5%. May give it a couple of more bars image Further Update: Glad i stayed in a little longer. Pennant ...

profitable Zigzag

-0.5% on cable. I had moved my sl up after initial move long. watch the market turn now and make me pay.

profitable Zigzag

+1% on Aud this morning and am long cable. image short yen now too

profitable Zigzag

This afternoon's trading: E +1%, +1% G 0, +1% A -1%, 0, +1% J -1%, +1% Net for the day +1.75%

profitable Zigzag

Short Cable. image Like a fool I forgot about US unemployment at 13.30hrs. will pull out before then. image Out at BE. better safe than sorry.

profitable Zigzag

With you handy but as you know very quickly we get into an over complicated strategy that never loses because it never trades! lol Cor wish i had stayed in the Aud. The other losses made me cautious. Down net -1.25% this morning.

profitable Zigzag

Just taken Euro short image Don't like the look of this trade but I will be faithful to the setup. Was right Sl hit.(the dotted line was a minor support line but it coincided with the 50% fib of the last move up and the euro historically really ...

profitable Zigzag

long on the G/U. image Update: i am closing down 50% of this position if it hits the red line above as it is a resistance point and i want out to do other things. Remaining 50% hit TP. +0.75%

profitable Zigzag

Difficult to call this second Euro trade. Would it have hit my SL before going on to hit TP. Who know but I didn't tade it. Hope any of you who did got luck? image

profitable Zigzag

Am short the euro and aud, long the yen. Update: -1% Euro and Yen. +1% Aud.

profitable Zigzag

For future reference i intend to report my results slightly differently. like many, I risk just 1% of my bank in each trade. This means that most winning trades net me +1% of my bank (with this strategy). Talking in % gain of bank is far more ...

profitable Zigzag