One Trade a Week

[isatrader]

Mike what's happened to your website. I clicked on the vendor badge and I get a 403 Forbidden page?

 

[isatrader]

Positions Update

Attached is the updated spreadsheet. TradeTheEasyWay is the only player left open at the moment, and tar and wigtrade are yet to enter their trades this week.

Black Swan leads currently with a 1.23% ATR Adjusted gain

 

[TradeTheEasyWay]

Mike what's happened to your website. I clicked on the vendor badge and I get a 403 Forbidden page?

Hi David,

On the verge of relaunching it with forums and all sorts. Just need to refine it then I will drop you a line.

Mike

 

[isatrader]

Wigtrade your limit order of 320 for ICP.L was hit at 8.06am. Here's the full trade details:

Trade Details:
Int.Cap.Grp (LSE:ICP)
Direction: Long
Entry: 320
Stop: 312
Target: 340

Percentage Risk: 2.56%
Target Gain: 6.25%

Risk Ratio: 2.44

Daily ATR(200): 7.47 (2.33%)
Weekly ATR(52): 18.57 (5.80%)

ATR Targets

1x ATR: 327.47
1.5x ATR: 331.21
2x ATR: 334.94

Good luck

 

[tar]

Enter

 

[isatrader]

Hi tar, your entry time was 9.10pm, so the closing price I have for EURAUD is 1.3764

Trade Details:
EURAUD (FX:EURAUD)
Direction: Long
Entry: 1.3764
Stop: 1.3514 (-250)
Target: 1.4014 (+250)

Percentage Risk: 1.85%
Target Gain: 1.82%

Risk Ratio: 0.98

Daily ATR(200): 0.0117 (0.85%)
Weekly ATR(52): 0.0389 (2.83%)

ATR Targets

1x ATR: 1.3881
1.5x ATR: 1.3940
2x ATR: 1.3998

Good luck and let me know if you want to adjust stop loss or target now you have an entry price.

 

[isatrader]

Positions Update

Attached is this weeks positions. Open positions are highlighted in red.

The group is up 3.28% ATR Adjusted so far this week which is our best performance I think, especially considering the S&P 500s -0.18% ATR Adjusted performance. So good going everyone

 

[Black Swan]

Thanks Black Swan. The closing price I have at 5.48pm for EXPE was 21.685. So therefore:

Closing Trade

Expedia (NASDAQ:EXPE)
Direction: Long

Entry: 20.70
Exit: 21.685

Percentage Gain: 4.76%

ATR Adjusted Percentage Gain: 1.23%

Nice trade Black Swan. This puts you in the lead currently this week with a solid 1.23% ATR Adjusted Percentage Gain.

Thanks, sods law I've been having a mare on the FX markets (so far) this week (b/e so far), the ranges some of my pairs have been stuck in (EUR/JPY) have been annoying. Ah well..onwards and upwards eh?

 

[tar]

AUD for God sake drop

 

[TradeTheEasyWay]

HI Guys,

You are good; I'm going to have to improve my calls to beat you lot.

Took more points today in GBPUSD than I've taken all week in the eurjpy. Took 192 points in oil today also.

My eurjpy started to work after last night Yen data (just as planned).

I will see if I can get some follow through tomorrow before closing.

Mike

 

[isatrader]

Positions Update

Attached is the updated trades spreadsheet with all of this weeks positions. The open positions are highlighted in red with the current prices just around the US close tonight.

It's been a really good performance for the group so far this week. Currently we are outperforming the S&P 500 by 5.05% ATR adjusted. So well done everyone

 

[TradeTheEasyWay]

AUD for God sake drop

I think audusd is one of the best charts out ther tonight. I will be putting an order in the book to short this tonight.

Mike

 

[tar]

Move TP to 1.3865

 

[tar]

I think audusd is one of the best charts out ther tonight. I will be putting an order in the book to short this tonight.

Mike

next week oil

 

[isatrader]

Move TP to 1.3865

Updated for you

 

[isatrader]

wigtrade your stop loss of 312 for ICP.L was hit at 8:08am

Closing Trade

Int.Cap.Grp (LSE:ICP)
Direction: Long

Entry: 320
Exit: 312

Percentage loss: -2.50%

ATR Adjusted Percentage Gain: -1.07%

Unlucky wig, the market hasn't been very long friendly the last few days.

 

[TradeTheEasyWay]

EURJPY - EXIT now at 113.60

 

[isatrader]

Ok Mike, the closing price at 10.04am for EURJPY was 113.41, so here's the closing details.

Closing Trade

EURJPY (FX:EURJPY)
Direction: Short

Entry: 114.95
Exit: 113.41

Points: +154

Percentage Gain: 1.36%

ATR Adjusted Percentage Gain: 1.50%

Well done Mike, another really good trade, although a black swan event in the Japanese earth quake gave it the extra strength to take the lead this week with an excellent 1.5x the daily range.

 

[wigtrade]

wigtrade your stop loss of 312 for ICP.L was hit at 8:08am

Closing Trade

Int.Cap.Grp (LSE:ICP)
Direction: Long

Entry: 320
Exit: 312

Percentage loss: -2.50%

ATR Adjusted Percentage Gain: -1.07%

Unlucky wig, the market hasn't been very long friendly the last few days.

thanks isa - another hit to the wig account - not a great start to life in the t2w league must try harder!! :smart:

All about the long game in this game - but I would say that with two losses out of two :whistling

 

[TradeTheEasyWay]

Next trade: GBPUSD Long

ENTRY: Break of bar = 1.6086
Stop: below fibs = 1.5965
Target: 1.6498

Good luck everyone, I'm playing hard ball this week. stuck my neck out last week, playing 'safe'(?) this. I'm alrready long from intra day set up Friday = +70 already.

I like the markets here. Hard to choose. I was looking at several US stocks / grains etc but thought this was the higher probability.

Good luck everyone and all who sail in her.

Mike Hamilton