"Just Oil"

Apr 29, 2011 at 16:28
Przeglądane 49,149
1,794 Replies
Uczestnik z Jan 14, 2010   2299 postów
Oct 25, 2011 at 00:19
demo is up, getting ready for live trading. most probably next week. I am trying to adjust by trading Japan few hours and then 3 hours after Londfon open. have not traded London open yet as the room is occupied by guests...
Uczestnik z Jan 14, 2010   556 postów
Oct 25, 2011 at 15:14

   Chikot posted:
   demo is up, getting ready for live trading. most probably next week. I am trying to adjust by trading Japan few hours and then 3 hours after Londfon open. have not traded London open yet as the room is occupied by guests...

Looking forward to it! 😄
Uczestnik z Jan 14, 2010   2299 postów
Oct 26, 2011 at 16:08
😄Yeah, me too


   James_Bond posted:
   

   Chikot posted:
   demo is up, getting ready for live trading. most probably next week. I am trying to adjust by trading Japan few hours and then 3 hours after Londfon open. have not traded London open yet as the room is occupied by guests...

Looking forward to it! 😄
Uczestnik z Jan 14, 2010   2299 postów
Oct 30, 2011 at 01:36
going to start trading live again soon. have connected live account to myfxbook in here. the old one for reminding purposes is not removed.
Most probably I will only trade live from 3:00 a.m. to 6:00 p.m. London open and will demo trade japan open as long as i can before going to bed until I develop a plan.
Uczestnik z Jan 14, 2010   2299 postów
Oct 31, 2011 at 13:59
Tomorrow going live again. had good trading tonight.
Uczestnik z Oct 03, 2011   1 postów
Oct 31, 2011 at 19:16
good luck chilkoot
maqeel70@
walker36
forex_trader_36599
Uczestnik z May 13, 2011   1341 postów
Oct 31, 2011 at 19:47
good luck man!😉
Uczestnik z Jan 14, 2010   2299 postów
Oct 31, 2011 at 21:44
Thanks guys. Schedule is tight. will try to do my best. If I can make it work on 3 hours daily trading schedule it will mean something.
Uczestnik z Jan 14, 2010   2299 postów
Nov 02, 2011 at 14:45
So far I only trade PA on candlesticks and s/r lines. not such exact plan exists as it was in summer for later hours.
Yesterday first trade and another trade were winners that turned BE and then I made a series of mistakes. so, it appeared I was getting nothing or losses. I am aiming at 30 pips per trade now with similar stop loss.

need to improve my hit rate to move account up.
Uczestnik z Jan 14, 2010   2299 postów
Nov 02, 2011 at 14:54
I am getting up at 2:30 a.m. and trade till 6:00 a.m. and I am ready to enter trade anytime at this period and leave it running with stop and take profit as I already did yesterday. turned loser but today demo short trade was a winner.
I stop trading once I have +30 pips.
Uczestnik z Jan 14, 2010   2299 postów
Nov 04, 2011 at 16:39
Was not around to move stop loss and lost my break out trade. I sense that price was run down only to get more orders at better price and went long after the break of weekly open. I am risking around 2% or slightly more than 100 pips and looking to get 2-3 R:R if market does what i think is a good probability. Price was not going down. I am thinking of how to adjust to my schedule and will try to swing trade although I have never done it. will probably start trading E/U but as day trader.
Uczestnik z Jan 14, 2010   2299 postów
Nov 04, 2011 at 16:41
I will nail this sucker. Will adjust and start making money again. I am not quitting.
Uczestnik z Jan 14, 2010   2299 postów
Nov 04, 2011 at 20:57
currently + 90 pips. about same as I lost on my previous long trade. I will stay over the weekend.
I sense break out will happen.
Uczestnik z Nov 18, 2009   735 postów
Nov 06, 2011 at 22:16
Chikot brother, have you tried using USDCAD for confirmation? Some say it's very much correlated to oil. I don't know, for me both just seem to be jumping up and down like a bad girl's panties on a busy night. Oil .. a mystery to me. Anyways take a deep breath, step back from the hot screen and let things cool down. Maybe miss a few days, the best ideas always come when you're offline. And put on some music ... here is one of my fave spirit lifters ... dupp-dupp-dudupp ...





Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Uczestnik z Jan 14, 2010   2299 postów
Nov 06, 2011 at 22:56
LOL, Speki, buddy where have you been ?
Long time not see!
I actually always hated this pair and have not watched it for a very long time only checking rates on Universal Currency converter.
However I thing that price action has been higher highs and and markets look pretty bullish. My thinking is that price is going to 9test $100 or at least 99 so I am long. My last trade lost cause I was away and could not move stop. My opinion has not changed and I entered long after seeing during break reversal and the break of weekly open to long side.
I know that I can day trade when I have enough time in front of PC but I do not have it and I am not sure I can hence I am looking for solution and I am sure I will find it.
I love the music.
Market will open in 5 minutes and I am waiting for gap up.
Will move stop to BE and watch if it breaks or not. May be will take a prtial profit although I do not like it.
I will see.
I am pretty sure I will make it.


   speki posted:
   Chikot brother, have you tried using USDCAD for confirmation? Some say it's very much correlated to oil. I don't know, for me both just seem to be jumping up and down like a bad girl's panties on a busy night. Oil .. a mystery to me. Anyways take a deep breath, step back from the hot screen and let things cool down. Maybe miss a few days, the best ideas always come when you're offline. And put on some music ... here is one of my fave spirit lifters ... dupp-dupp-dudupp ...






Uczestnik z Jan 14, 2010   2299 postów
Nov 06, 2011 at 23:05
Moved stop to BE and closed half position for 105 pip.
Uczestnik z Jan 14, 2010   2299 postów
Nov 07, 2011 at 14:37
short GBP/CAD.
Uczestnik z Jan 14, 2010   2299 postów
Nov 07, 2011 at 14:39
if it goes my way will be trailing it. looking at a couple more opportunities. Oil unfortunately got stopped but overall I believe I was right. Just was not in front of PC to open long trade when there was signal from $94.00.
walker36
forex_trader_36599
Uczestnik z May 13, 2011   1341 postów
Nov 07, 2011 at 18:09
Chikot I am currently coding nominal exit strategy for TREND EA. the most difficoult point is where to exit when trade in profit. I understand what you feeling and facing with. I will test some different strategies and find the optimal one. the exit when in profit is the most difficoult and most important desecion.

Uczestnik z Jan 14, 2010   2299 postów
Nov 07, 2011 at 22:40
Hi Steve, yes, taking profits is crucial for long term profitability. Agree with you on this. I think that there should be 2 kinds of trades along with trend and contra trend. Contra trend profit taking should be at nearest S/R area, while along the trend trades some sort of trailing should be used.
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