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"Just Oil"

Chikot
Jun 07 2012 at 16:43
2299 posts
Actually, it is missing 2 trades set me for mistakes. but overall I need a couple of simple rules to avoid taking trades against market sentiment and I need more time. i am going to go live in July regardless.

Chikot
Jun 07 2012 at 16:45
2299 posts
otherwise mentally, losses being cut and profits let to run.
patience and calmness is a key.

Chikot
Jun 09 2012 at 14:49
2299 posts
Despite bad job news from US I still think that Eur is in far worse shape, hence I was looking for reversal and trades were based on daily trend which is still down. I was up to 130 pips in profit on all 3 pairs but target is around 200 pips on all. Gotta have acceptable R:R. I saw it but did not take profits. With more time available I do not think I will miss any good signals or let risk become too much as I am not shy to trigger the trade when it is along my lines.
Aud based pairs I am looking for trend reversal hence did not short it. It looks like the trend is reversing for Aud based pairs and there is fundamental reasons now. Will be watching them.
Problem was that I came home later after the initial move with low risk had happened and I did not want to miss it hence entered with higher risk. Generally it was happening the whole week and since I cannot reduce size per pip DD was bigger than it has had to be. Account I am trading with Oanda size control is absolute. i am risking 1% on each trade. Close of Aud/Cad long was a mistake. I wanted to close 15% of the position but actually put a wrong number.
On Oanda account my goal is to get on trend and milk it with partial closes and trailing stops as much as I can.

Chikot
Jun 10 2012 at 19:14
2299 posts
Seeing markets move took partial profits on G/A and G/Chf shorts and moved stops locking more profits on Trend following account and closed completely Eur/Aud short seeing that Eur is going up. stop would have been hit anyway I think.
 on 4H swing account stops most probably will be triggered. Spain.
Now watching few more pairs for entries. would be stupid to jump at the worst price.

stevewalker
stevewalker
Jun 12 2012 at 15:46
1439 posts
man what the hell you did. 😁

please left us some pips. 😉

Great trades!!!

Chikot
Jun 12 2012 at 21:40
2299 posts
Hi Steve, too early to celebrate. I made a couple of mistakes, should have been much more pips. closed eur/aud short thinking stop would be hit and aud/cad long by mistakle when tried to close part of the trade closed everything. someone told me i should let the market take me out and let things be.
I am going to trade this method live soon and swing too. swinging not going too well. i guess because I do not have back bone like for second method.

Chikot
Jun 12 2012 at 21:41
2299 posts
btw, Steve,m are you trading?

Chikot
Jun 12 2012 at 21:43
2299 posts
regarding swing trading. i am sure results will improve once I have time to watch and not miss better entries. 2 weeks + left.

stevewalker
stevewalker
Jun 13 2012 at 04:48
1439 posts
demo test-2
moved from Fxopen to Pepper.

Fxopen has low cost. when you think my trading style cost is very important. but their server open/close orders when it wants, not when I want. sometimes after minutes. this is stupid in ms world. So moved to pepper and tuned up. currently trading with it. stil has to come over some mental issues. when ready will go live.



   Chikot posted:
   btw, Steve,m are you trading?

Chikot
Jun 13 2012 at 16:42
2299 posts
Oanda is much faster with opening orders but spread wides during news...

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