no surprise in crude oil. Inventories are up huge, but price is still up 1.50/barrel today. Can't be because of demand, eh? And people complain that the forex market is manipulated...
Peter
fx manipulated ? - no, it can't be true
no surprise in crude oil. Inventories are up huge, but price is still up 1.50/barrel today. Can't be because of demand, eh? And people complain that the forex market is manipulated...
Peter
all trades 1% risk
current pending orders
EUR/CHF
OCO
Buy - 12386, SL - 12347, TP - 12420
Sell - 12243, SL - 12269, TP - 12206
EUR/CHF
Sell activated, buy cancelled.
Will report back when Stop or Limit is hit.
EUR/CHF stopped out for -26 pips, -1%
EUR/JPY still active
sure, i trade daily inside bars and hope for the breakout.
the stops and targets come from a convoluted way of using fibonacci that I have severely *******ised from a commercial system that was available some time ago but didn't actually work.
The way I have come up with appears to work on the backtesting I have done.
I’ve papertraded it for a little while and done some back testing on some of the currencies and it appears to work.
I’m now trading it live at 10p a pip on GKFX/SLM for a while, if it carries on doing well then I’ll up the stakes so that I can trade each order properly at 1% of my extremely moderate bank.
So far since I’ve gone live I’ve had 36 trades with 19 winners, 17 losers (soon to be 18 the way the EJ s going for me)
On average a winning trade generates 1.15R compared to a loss of 1R for a stop out
I’m up 4.28% over those 36 trades.
As for me, trading a couple of years, started off with a commercial system (Forex Net Trap) and am now trying to find my way with trading on the dailies, I don’t have time or the personality to trade intra-day!
I’m working on other ways of trading as well, but it’s all a long slow learning process
I see someone decided that this thread was worth a one start after I mention it.We really do have some kn*bs around. Clearly he thought it was funny and aimed at pissing me of. Guess what you've pal, you will probably succeed, Im getting fed up with this site again.
Don't let that get to you. 8 votes now = 4.50 avg
What did you expect though? Plenty of low-lifes roaming around that have nothing better to do.
Peter
4 out of 4 from this line over two days. Two were small ones,but worked
despite that weve only had 4 people rep the thread and no reps on any trades as yet, looks like a few watching which is great,hopefuly build up just in time for that run of losers im due![]()
how i rep?
This is good stuff, keep it up. Always nice to have a trader willing to do live calls, there is no substitute for it.![]()