Closed the 3rd position in profit, not just holding 2 long positions.

Hedge trading spieler system derived from futures spread trading

The way I understand it the plan is to close out each position after it moves .25% in the desired direction.

Hedge trading spieler system derived from futures spread trading

Not sure if you mentioned it earlier but if you wanted to start another thread with the GBP/USD trade you have been working I'd love to see it.

Hedge trading spieler system derived from futures spread trading

Opened 3rd and 4th positions today. Closed the 4th after .25% retracement so sitting on 3 open positions now.

Hedge trading spieler system derived from futures spread trading

2 long positions right now, working out well so far.

Hedge trading spieler system derived from futures spread trading

Opened and closed a total of 3 long positions today with profit. Just opened 1st short at EUR/CHF 1.4688. Maybe things are getting back to normal in the currency markets.

Hedge trading spieler system derived from futures spread trading

Lesson Learned — I'd been demoing this system since July and wanted to really learn what could happen if I let it ride. Unfortunately got margin called out of my 5 positions last week. Strangely enough, even though its just a demo account I ...

Hedge trading spieler system derived from futures spread trading

I'm still holding 4 long positions. Opened and closed a position for profit yesterday. Really need a strong run up to close the whole trade in profit.

Hedge trading spieler system derived from futures spread trading

Closed the 3rd long position for profit. Still holding 1st and 2nd long positions.

Hedge trading spieler system derived from futures spread trading

Opened long @ EUR/CHF 1.5892

Hedge trading spieler system derived from futures spread trading

Anyone catch that short at the very end of the day? I didn't. Spiked to 1.5965 at 4:45 EST then closed at 1.5937. Wouldn't have been an official entry or exit according to this system but still would've been a REALLY quick profit.

Hedge trading spieler system derived from futures spread trading

Closed the trade for a profit at 1.5918.

Hedge trading spieler system derived from futures spread trading

You were right, once I got to 1.5875 I was finally in profit. Closed the position after 1 week of negative roll and still was profitable for the entire trade. Reopened long at 1.5871.

Hedge trading spieler system derived from futures spread trading

I didn't close because after the move it wasn't in profit. However, if the entry point you mentioned is accurate (I thought it was at 1.5927) then I didn't let it run 50 pips but right at 40 because the lowest I had seen was at 1.5878 and the ...

Hedge trading spieler system derived from futures spread trading

Opened short at 2:57 AM EDT (7:57 AM GMT) 9/19/2008. 6 mini lots @ EUR/USD 1.4247 8 mini lots @ USD/CHF 1.1171

Hedge trading spieler system derived from futures spread trading

Yep, well actually 1.4 but its always worked before. I even let it run to a 50 pip move in the right direction and was only breaking even. The only thing I can think of is that I don't have the right figure for my entry point as I took it at 2 am my ...

Hedge trading spieler system derived from futures spread trading

I'm looking for 1.5967 to enter a 2nd short. My original one is at 1.5927 and since the close was 1.5901 it would be more than the requisite +.25% move for the day and still +.25% from my 1st entry.

Hedge trading spieler system derived from futures spread trading

Closed 1 of my short positions, but still have 1 on. For the first time since I started trading this system my position wasn't profitable after moving the right direction .25%. Probably should have closed at the correct point anyway but couldn't ...

Hedge trading spieler system derived from futures spread trading

I opened 2 short positions yesterday. Was looking for 1.6050 to open a 3rd. Considered opening at 1.6030 but the move seemed to be so fast I thought I could hold out. Oh well. Both shorts still open over the weekend.

Hedge trading spieler system derived from futures spread trading

Opened and subsequently closed 2 seperate long positions today, and then exited my original long position from yesterday. Have to love profitable intra-day trades.

Hedge trading spieler system derived from futures spread trading