March 2012 (By lgnd)

Gain : -9.93%
Drawdown 11.56%
Pips: -177.5
Trades 19
Won:
Lost:
Type: Demo
Leverage: 1:500
Trading: Manual

March 2012 Discussion

Feb 23, 2012 at 22:58
374 Views
14 Replies
Member Since Feb 22, 2012   40 posts
Feb 24, 2012 at 17:45
Friday 25/2/2012: Internet down and needed to reset router. Went out drinking with simon.
Missed a good setup on EURAUD with a consolidation through the trend line worth 180 points 😞


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Member Since Feb 22, 2012   40 posts
Feb 27, 2012 at 18:09
Mon 27/2/2012: Time Trading 2hr 40mins.
Good trends on all charts but no reall opportunties

EUR/AUD Retracement not coming back to 4hr trend
EUR/USD Retracement returning to long 4hr trend. I will try to catch on the way up. 20 pip stop
AUD/JPY Consolidation taking its time to break. Breaking in conjuction with AUD/USD. Preferring that trade.
AUD/USD. Huge spike of 500 points in one hour. I sense a stronger USD so will try to catch it back down to the 4hr trend 10 pip stop

PAITENCE ...

Testing e-trailing

Member Since Feb 22, 2012   40 posts
Feb 28, 2012 at 15:09
Tues 28/2/12: Time traing 3hrs
Trends on charts. 2 trades placed on AUD/JPY and EUR/USD ... German CPI good. USD durable good very weak however EUR/USD still going down. Perhaps everyone is waiting for LTRO ?

EUR/AUD Long trend with small ranges. No deviation. No opportunity.
EUR/USD Trade placed long on 4hr trend however USD did not drop even after weak USD durable
AUD/JPY Long Wedge forming with Resistance at 87. Trade place long above resistance however pair went the other way
AUD/USD 20+ bar consolidation between 1.075 and 1.078


Look for more opportunties with S/R levels, trends antd patterns



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Member Since Feb 22, 2012   40 posts
Feb 29, 2012 at 16:15
Wens 29/2/12 Time Trading 2 - 3hrs

Good trends on AUD/USD, EUR/AUD and EUR/USD.
EUR/USD had a good retracment but I set my stop loss incorrectly and got hammered by Bernanke !!!

AUD/JPY had good ranging movement in the channel but decided not to try range trading yet.

I have to get these trailing stops working properly

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Member Since Feb 22, 2012   40 posts
Mar 05, 2012 at 15:35
Mon 5/3/12 - Time Trading 3hrs

Good trends on AUD/USD, EUR, AUD .. no opportunity
AUD/JPY did not have trend on the 4hrs

EUR/USD had a 20-30 bar consolidate in a range. Downtrend combined with slightly USD positive Factory Order figures made me put in a short trade. Will see if it is trigged. I hope my trailing stop works ...

Everyone seems negative on the euro starting this week so will be interesting to see what happens.

Started off this week very positive as its a brand new week and I learnt many lessons last week. Hope to keep the momentum going


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Member Since Feb 22, 2012   40 posts
Mar 07, 2012 at 12:05
Tues 6/3/12 - Time trading two hours

Everything following the trend with no retracement / consolidation.

Tried to force a trade and placed a trade on EUR/AUD above resistance and left it overnight. Wasn't part of the trading plan :(
Member Since Feb 22, 2012   40 posts
Mar 07, 2012 at 15:47
Wens 7/3/12 Time trading 3.5 hrs

AUD/USD AUD/JPY - Following trend no opportunity

EUR/USD
Trade on consolidation. Weak Euro and good US ADP. Need to Break 1.31000 for decent profit
Will the 2 x ATR be sufficent

EUR/AUD.
Trade on consolidation / retracement. Euro and AUD both weak and no news so I am hoping its independant from EUR/USD trade.

Go the trailing stop finally working YAY !!!!!!!!!!!!! Tick that one of the list.
Now lets see if a 2 x ATR is sufficent on the EUR/USD

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Member Since Feb 22, 2012   40 posts
Mar 08, 2012 at 15:03
Thu 8/3/12 Time trading2hr

AUD/USD AUD/JPY .. above trend. Could have bagged some pips on retracement to trend but that not the strategy.

EUR/USD resistance at 1.32654 .. rising wedge.

EUR/AUD ... Big retracement / new trend ??? Will buy if pierces resistance

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Member Since Feb 22, 2012   40 posts
Mar 10, 2012 at 03:57
Fri 9/3/12 Time trading 2.5hrs

AUD/USD Good retracment
EUR/AUD Choppy no trend
AUD/JPY Small retracement but close to the trend line
EUR/USD Good retracement but never recovered

NFP went the other way to my trades and killed me.

Why did I have two USD stocks for NFP ???

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Member Since Feb 22, 2012   40 posts
Mar 16, 2012 at 08:00
Wens 14/3/12 Time Trading 2hrs

Started a new strategy.
Not looking at news and looking at price action only.
Member Since Feb 22, 2012   40 posts
Mar 18, 2012 at 14:38
Fri 16/3/12 Time Trading 2hrs

Saw 4 opportunities and placed orders but they did not get hit.

Should I keep them in over the weekend ?
Maybe as a trial to see what happens ?

EUR/AUD

1.23790
S/L 1.24260 470
T/P 1.23100 690 R:R 1.47

Is Stop loss too tight for decent R/R ?
Would peref stop at 1.24400

EUR/USD

1.31825
S/L 1.31460 365
T/P 1.32275 450

AUD/USD

B 1.05700
S/L 1.0590 200
T/P 1.05400 325 RR 1.63

EUR/AUD

1.24270
S/L 1.24380 110
T/P 1.24100 170 RR 1.5
Member Since Feb 22, 2012   40 posts
Mar 28, 2012 at 12:24
Mon 26/3/12 - Time trading 2hrs hours.

No opportunity
Member Since Feb 22, 2012   40 posts
Mar 28, 2012 at 12:26
Tues 27/3/12 Time trading 2.5hrs
Also found a number of good daily, weekly, monthly and quaterly reports

AUD/USD - Triple Top. Trade opportunity

B 1.04990
S/L 1.05190 200 points
T/P 1.04500 490 points

EUR/AUD - To Many potential resistance point
EUR/USD - To Choppy
AUD/JPY - On Trend



Member Since Feb 22, 2012   40 posts
Mar 28, 2012 at 16:16
Wens 28/3/12 Time Trading 2hrs
Read daily Reports

AUD/USD following trend
EUR/AUD trade placed due to con at resistance after strong uptrend
AUD/JPY.. Trade placed above trendline/resistance for boucne but it broke through
EUR/USD too choopy

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Member Since Feb 22, 2012   40 posts
Mar 31, 2012 at 06:07
Thu 29/3/12 Fri 30/3/12 - Sick No trading
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