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FX__jake replied Jun 3, 2009USDCHF trade — This went 20+ pips down but it has rocketed up now. I dumped it at 1.0685 for a loss of -13 pips, looks like this is going up with the USDCAD tonight, could take a long on it, but I like the USDCAD better.
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FX__jake replied Jun 3, 2009USDCHF — Short term trade on the USDCHF Sold at 1.0662 Stop at 1.0709 Could take profit at 1.0605 And another if it goes further - 1.0580 or so
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FX__jake replied Jun 3, 2009USDCAD — This one may have double bottomed, this is why I stick the stop below the recent low, just in case this happens...
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FX__jake replied Jun 2, 2009USDCAD trade — Stop is actually below the daily low, so it is at 1.0780
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FX__jake replied Jun 2, 2009USDCAD trade — Sorry I didn't post this sooner, it just broke. Long USDCAD from 1.0955 Stop at 1.0809 Will watch the first few minor s/r zones to see what happens, but should see 150+ pips here, I hope.
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FX__jake replied May 29, 2009Obviously this was correct. The GBPUSD has rocketed up well beyond the stop. That massive bounce up was a bad sign, take a look at the 1 hour chart to see what I mean. It touched 1.5853-ish and absolutely rocketed up. Will be looking for some trades ...
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FX__jake replied May 28, 2009Oooops..... Sorry! Stop at 1.6095, above the daily high two days ago. I really don't like this as much as I did originally (when it fell down to 1.5853 after the entry), and I have lightened up (basically exited some at +3 pips after the big bounce ...
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FX__jake replied May 28, 2009GBPUSD trade is on — Obviously, this has broken south of 1.5915, so the trade is on...
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FX__jake replied May 27, 2009GBPUSD — Looks like a nice short is setting up on the GBPUSD. If it breaks 1.5915 I will definitely be looking to sell. 1st target at 1.5800, but I would really like to see it go to 1.5600
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FX__jake replied May 22, 2009Update — Woodlybog: Yeah, I have had some trades, but, unfortunately I have forgotten to post them up when I send them in. I have so many platforms to enter each trade into that I am sometimes a bit overwhelmed when I do get a signal. ...
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FX__jake replied May 20, 2009I agree with DanUK, there are no guarantees with forex "brokers" - so you are best off keeping only as much in the account as you need to trade, and then either bank the rest or do what flytim does... that's how I see it. Basically, most traders ...
50k Account..2% Risk..Would you keep the full 50k in the account?
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FX__jake replied May 20, 2009EUR/USD signal — Nice EUR/USD signal, hit first target, now second lot is going to (hopefully) run......
Mu$ic to my account - the Digeridoo
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FX__jake replied May 19, 2009eurusd trade — -30 pips on this one. Wasn't ideal as the 15min was criss-crossing the regression line
Mu$ic to my account - the Digeridoo
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FX__jake replied May 19, 2009EUR/USD Entry — Here is a live signal: 4hr chart of the EUR/USD is below the purple regression line. 15min chart shows us that price has closed above the purple regression line (Rule A). We have a buy signal. Long at 1.3630 Stop at 1.3600 1st ...
Mu$ic to my account - the Digeridoo
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FX__jake replied May 19, 2009Choosing Pairs to Trade — Choosing pairs: I avoid the very volatile pairs, like the GBP/JPY and GBP/CHF, EUR/AUD, etc. You would certainly need to modify the stop placement if you were to trade these pairs.
Mu$ic to my account - the Digeridoo
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FX__jake replied May 19, 2009Sell Example — Similar rules for a sell trade. 1. Load the indicators onto the 4 hour chart. If price is above the center regression (purple) line, then we are going to look for short (sell) trades only. 2. There are two entry rules, both from ...
Mu$ic to my account - the Digeridoo
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FX__jake replied May 19, 2009Buy Example — Indicators i-Regr Indicator (a.k.a “Linear regression channel”) Settings Degree: 3 KSTD: 2.0 Bars: 250 Shift: 0 RSI (Relative Strength Index) Settings Period: 14 Line at 40 CCI (Commodity Channel Index) Settings Period: 14 Line ...
Mu$ic to my account - the Digeridoo
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Mu$ic to my account - the Digeridoo
Started May 19, 2009|Trading Systems|15 replies
This is a trading system that works quite well, I am wondering if anyone may have ideas that ...
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FX__jake replied May 18, 2009Positive Pips — I have seen a lot of traders move to new trading systems after they experience a "bump" in the road. I have been trading forex since before online platforms were widely available, and have been making money doing it. I suppose ...
Who here is making money?