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Chikot

Member Since Jan 14, 2010  2186 posts Chikot Jul 29 2012 at 16:32
Guys, I believe the only mistake I made was not moving stops to BE right away and may be not taking partials on new trades. I will remember it. I took all those short positions cause those were the only signals to go short. no signals to go long. currently there is a couple of signals to look for buy. I will be watching.
Another thing, news could move trades in my direction even further. it happens more often along the trend.
I also want to point that I took previously partials on too many trades too early and reduced my profit potential. made few mistakes of closing trades manually without signal confirming that I must close or stop being hit. I put EMA 12 on my charts. The only moment I am going to close trades manually is when ema 12 crosses ema 7 against my trade. that's a good signal that trend might be over. most often than not.
Just imagine if news would push price along my trades. 16% would turn 30-40%. It is very reasonable.

Chikot

Member Since Jan 14, 2010  2186 posts Chikot Jul 29 2012 at 16:34
We are having a lot of news this week too. Tomorrow early morning Spanish news... and NFP week.
I am all live since tomorrow but still will open trades on my older demo along with daily live account which I am showing now. The rest will show when have something to show.

Chikot

Member Since Jan 14, 2010  2186 posts Chikot Jul 29 2012 at 16:39
I also reduced numbr of watched pairs form about 30 to 16.
On 8H TF same strategy I will be trading only 2 pairs e/u and a/u. a/u tends to have excellent trends.

Chikot

Member Since Jan 14, 2010  2186 posts Chikot Jul 31 2012 at 10:26 (edited Jul 31 2012 at 10:27 )

so far only day trade. no other signals on either time frames for long term. I am live now.
Attachments:

Chikot

Member Since Jan 14, 2010  2186 posts Chikot Jul 31 2012 at 10:29



out of this trade 100% now. got almost double for the risk. was up 20 pips on my short at night but got no continuation and got stopped. no partial profit taken on that one.
Attachments:

Chikot

Member Since Jan 14, 2010  2186 posts Chikot Aug 01 2012 at 06:02
ok, got signals took 3 trades long term both live and demo.

Chikot

Member Since Jan 14, 2010  2186 posts Chikot Aug 02 2012 at 16:14
the number of BE stop is huge last 2 days. price is very choppy. the last BE was the worst. shorted at 1.2203. target 1.21430. moved stop to be once in 15 pips, was looking to take half at 30 pips, it hit my stop and then dropped. morning was similar had 24 pips waiting few more pips before taking profit and BE again and 3 BE yesterday. It kind of having bad influence upon me seeing pips roll without me in. will probably take one day off to smell flowers, go to gym and sit in sauna.
I feel simply f*cked up.

stevewalker

Member Since Jun 06, 2012  1363 posts stevewalker (stevewalker) Aug 02 2012 at 16:23
this week I got 10-28 pips ( manual trd. ) then got back. all week long. sideways. rate desecion week. I got madmadmad

Chikot posted:
the number of BE stop is huge last 2 days. price is very choppy. the last BE was the worst. shorted at 1.2203. target 1.21430. moved stop to be once in 15 pips, was looking to take half at 30 pips, it hit my stop and then dropped. morning was similar had 24 pips waiting few more pips before taking profit and BE again and 3 BE yesterday. It kind of having bad influence upon me seeing pips roll without me in. will probably take one day off to smell flowers, go to gym and sit in sauna.
I feel simply f*cked up.

Trade the Trend, Defend to Price!
Chikot

Member Since Jan 14, 2010  2186 posts Chikot Aug 02 2012 at 17:20
case in point




there were much more pips than 10. last tarde final target was 50-60 pips was reached.
Attachments:

Chikot

Member Since Jan 14, 2010  2186 posts Chikot Aug 06 2012 at 09:42
I am having grave doubts about long e/u and e/j, but I have signals to buy. so I bought. these 2 are only buy eur trades I am doing . no more.

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