CC's New Broker Account

[c_c405]

GBP/CAD: Long @ 17494 is up 500 pips - Locked in 300

My long on this pair is doing well so far. I missed a better entry at 1.72 area and when I noticed some upwards movements I placed an entry as low as I could get it.

I will let this one ride out for a while as my risked 200 pips on the initial stop has been eliminated and I'm now in a profitable position. I have locked in 300 pips profit

 

[c_c405]

EUR/CAD: Long @ 1.6012

After a very nice short at the 1.7458 price I held the short for a week or so netting over 1400 pips

I have since gone long and have closed the short I'm long on this pair at 1.6012

It is up 200+ pips and I have raised my stop to lock in 100 pips profit should it decide to swing lower after this weeks events.

 

[c_c405]

CAD/JPY: Short @ 79.48 is up 150 pips - Stop locks in 50 pips profit

I have gone short on the CAD/JPY as I was watching the Pound gain some ground against the CAD

I went short in the 79's and it is now a locked 50 pips profit trade. Not to sure where this one is going so that's why I locked in a profit stop - given the recnet swings higher on USD/JPY and the GBP/JPY I'm not so sure this pair is a short trade. if it hits my stop I will flip and go long

 

[c_c405]

GBP/CHF: Short @ 1.666 - Stop above 200 pips

After catching a good long on this pair I decided to short near the upper end of the bounce. I'm a bit leery of this short as it's not really in my preferred price area. I did gain a 1000 + pips on the rise and so I'll allocate some of those pips to a trade that I feel is actually risky. My stop is 200 pips above my short entry and will look back later to see if I lost or not.

 

[c_c405]

EUR/CHF: Long @ 1.4990 - Stop placed 200 pips below

Although I'm short on the GBP/CHF I'm going long on the EUR/CHF pair as it has recently sold down by 1000 or so pips and I feel it may bounce back form these lower levels

Here is the chart

 

[c_c405]

CAD/JPY: Short @ 79.48 is up 350+ pips

The CAD/JPY Trade Is up 350+ pips almost 2:1

I have locked in 100 pips in case london / new york buy it up

Cheers!

 

[c_c405]

GBP/CAD: Long Is up 600+ pips

The Long on GBP/CAD is up 600 + pips and I have my stop locked in at 2:1 now or 400 pips profit

For now it's going up nicely and may be ready to short soon if the GBP Rate decision makes any downward difference

 

[c_c405]

GBP/CHF: Short stopp hit for 10 pip profit

I had taken a short on the GBP/CHF pair as you may have seen in the previous pics
It has been taken out for a 10 pip profit
I am long on EUR/CHF for now and may go long should on GBP/CHF again if 1.62-1.64 holds

 

[c_c405]

Anyone catching these?

Is anyone reading this journal? I hope you are catching some of these pips out there. Happy trading!

This broker seems to be a flawless execution - for now - at least - until I lose it all ARGH! Then will I hate them?

Cheers

 

[c_c405]

New Account Update - This week held a good rise

Here is the new account update with my new broker

I have a few trades open still and have made a few others in the meantime

 

[c_c405]

GBP/CHF Short @ 1.6922 - Stop set 200 pips above

After catching a nice long on this pair at the 1.50 lows area I decided to wait for a short to open up

I'm not 100% positive about this short as the pound has a lot of gains potential on the upside considering it's 5000 pip fall from the highs a few months ago. I'm more long on this pair than short - given the recent 2000 pip rally to the 160's I've decided to go short with my risk 200 pips above my entry making my stop 1.7122

I actually expect this stop to get hit on this pair (as I am more long than short) but there is the potential for a correction to the mid 60's or maybe even lower. The Franks recent strength against EUR & USD lures me to a bounce of this 170 area - resistance zone

If I lose 200 pips - that's proof that I'm wrong

 

[candles]

Good stuff. You da man!!

 

[c_c405]

GBP/CAD: Long @ 1.7494 is up still in the 500+ pip area

My long trade on this pair has held for the week and I'm tempted to close it but I'm not going to

My stop is locked in at 400 pips above my entry (1.7894) and earlier this week i could have closed it for even more profits

I'm still long on this pair and at this point it matters not since my profit is double my risked pips I'm happy to let it ride and see if it holds above the 75's

Here is the chart

 

[c_c405]

CAD/JPY: Short at 79.48 is up 400+ pips

My short on this pair is still doing well even though I was leery about it at first - I expected to get taken out of it at a loss - That's the Forex for ya

I'm up 400 pips and my stop is locked in at 77.48 zeroing the initial risk of the entry

here is the chart

 

[c_c405]

EUR/JPY: Long at 121.89 is under water 60 pips

After riding a nice long from the lows I waited for the slide down to get in long again

This is a risky trade and I expect that I will lose some pips here.

This price action seems to be weekend squaring compounded with some EZ speculation of bad numbers and such.

Sometimes I like to risk pips I do it because I can - My main discipline is not to risk pips I deposited intitially

Given that i made some good trade and doubled this account quite quickly I'm able to risk pips wihtout any emotion attached.

I actually hope this pair takes out my stop and heads lower for now I'm down 60+ pips and my stop is 200 below my entry

We'll see if the market proves me wrong

 

[c_c405]

GBP/USD Long @ 1.5206 is down 30+ pips

I caught a nice long on the GBP/USD a while back at the 143 area and netted 800 + pips

I think this pair is actually heading back to the bottom of the range soon but one can never be to sure

I have another risky trade here in this pair and my risk is 200 pips

Should this pair fall back down I will confirm the direction by noticing the loss of pips. This trade was opened a few days ago and is holding in the area so it may continue to climb - again I expect this pair to fall further towards the 143's

If it does I will wait for another long entry at a better price

 

[c_c405]

EUR/CHF: Long is holding but limp

My long on this pair is limp

 

[c_c405]

Why I trade this way

Sometimes it's hard to tel what the market is doing

I find the best way to tell is to get into the market and look at the results. Taking profits is always good but I feel that taking a few losses is good as well. Not only does it make you learn it has the added benefit of helping you understand where the market is going and how wrong you were when you entered. This can cost some pips in losses but the gains from knowing where price is is far better than worrying about a few pips lost. I never worry about losing pips as I gain knowledge in doing so. Some people think my stops are crazy huge but that's their style not mine. I prefer to catch larger swings and trends and over the years have learned that small stops amount to big losses - just in smaller increments. I don't trade ticks or minutes. That is my style.

In this market condition one must always asses where stops should be used. I tend to use 200 pip stops and sometime 100 pip stops - The kicker is that most of the 100 pip stops I have used in these recent days have ALL been hit.

So far this new broker has not missed any of my stops and all my fills have been exactly what I clicked. There has been no slippage and no re-quotes. Flawless execution and I really like the interface so far I have a thumbs up for this broker.

 

[karl6666]

Yikes

My blood pressure is up just watching, I like your style matey. When are you going to tell us the broker... It would be interesting to know your prefererred brokers or brokers you have used to handle the aggressive style. If you dont want to advertise drop me a private email

The best of British

KArl

 

[c_c405]

Hope it's not to high - no arteries showing?

Yikes

My blood pressure is up just watching, I like your style matey. When are you going to tell us the broker... It would be interesting to know your prefererred brokers or brokers you have used to handle the aggressive style. If you dont want to advertise drop me a private email

The best of British

KArl

I take risks when other may not, it doesn't always make me pips though as I not always right about the market.

I will post who the broker is when I get some money wired back to me

If you like these trades keep reading as I will post what I'm doing when I'm doing it (when I can)

Cheers
Go catch some pips!