One Trade a Week

[dmt257]

dmt257 your limit order at 1.5435 for the GBPAUD was filled at 8.28am

Trade Details:
GBPAUD (FX:GBPAUD)
Direction: Short
Entry: 1.5435
Stop: 1.5555
Target: 1.5220

Percentage Risk: 0.78% (-0.86% ATR Adjusted)
Target Gain: 1.41% (1.58% ATR Adjusted)

Risk Ratio: 1.82

Daily ATR(200): 0.0138 (0.89%)
Weekly ATR(52): 0.0479 (3.10%)

ATR Targets
-1x ATR: 1.5573
1x ATR: 1.5297
1.5x ATR: 1.5228
2x ATR: 1.5159

Good luck

That sucks (having retraced strongly) my feed only got to 1.5439 so didn't trigger

Long way to go this week though.

 

[Canto1922]

Thanks for your reply Isa. Interesting what you have to say about the competition helping you to focus - in my mind, being focussed is one of the more difficult parts of trading on one's own as there are so many opitions & opinions out there that impulsive & ill thought out trades can be all too easily entered - combined with work commitments, it gets even trickier.

 

[TradeTheEasyWay]

Trading is 75% a mind game so having a plan, sticking to it and ignoring news, views & clues (it rythmed any how) is the way to go. Just trade the charts.

Mike

 

[isatrader]

Wigtrade you are in EZJ.L. Your limit order of 319 was filled at 12:58pm. Here are your trade details:

Trade Details:
EasyJet (LSE:EZJ)
Direction: Short
Entry: 319
Stop: 340
Target: 270

Percentage Risk: 6.58% (-1.78% ATR Adjusted)
Target Gain: 18.15% (5.23% ATR Adjusted)

Risk Ratio: 2.76

Daily ATR(200): 11.06 (3.47%)
Weekly ATR(52): 28.62 (8.97%)

ATR Targets
-1x ATR: 330.06
1x ATR: 307.94
1.5x ATR: 302.41
2x ATR: 296.88

Good luck

 

[isatrader]

Target to 646.5

 

[isatrader]

I'm moving my target to 657.23 for HOC.L as it moved up very healthily today and pulled back to the 61% fib level of todays move at the close.

 

[isatrader]

dmt257 your stop loss for GBPAUD was hit at 15.20pm. Here's your closing trade details:

Closing Trade

GBPAUD (FX:GBPAUD)
Direction: Short

Entry: 1.5435
Exit: 1.5555

Points Loss: -120

ATR Adjusted Percentage Gain: -0.86%

Trade Grade: E

Unluckly this week dmt257. You were unfortunate that you got the bottom tick of the day for your entry on this.

 

[isatrader]

A_fr you are in AMMD at the open price of 29.5. Here are your trade details:

Trade Details:
American Medical Systems Holdings (NASDAQ:AMMD)
Direction: Long

Entry: 29.5
Stop: ?
Target: ?

Daily ATR(200): 0.49 (2.19%)
Weekly ATR(52): 1.22 (5.46%)

ATR Targets
-1x ATR: 29.01
1x ATR: 29.99
1.5x ATR: 30.24
2x ATR: 30.48

I almost forgot about this late entry. Sorry for the delay A_fr. Can you please let me know your stop loss and target please?

 

[isatrader]

Positions Update

Here's the positions update for todays trades. Only one position closed so far, but everyone else is in now.

See attached. Open positions are highlighted in red.

 

[SlipperyC]

Pardon the French, but I think the a r s e is going to drop out of the DAX tomorrow.

7205 first, then 7125 then 7000 ish during the week.:clover:

[edit] wow. Didn't even bother with 7205!

 

[A_fr]

I almost forgot about this late entry. Sorry for the delay A_fr. Can you please let me know your stop loss and target please?

Just got bought out first thing this morning. The entry price being 30% above my entry point throws my plans off.

Stop @ 29.2
target 33...

 

[isatrader]

Just got bought out first thing this morning. The entry price being 30% above my entry point throws my plans off.

Stop @ 29.2
target 33...

Thanks A_fr. I did notice them mention it before the open on CNBC today and thought you might get a bit of high opening price for it.

 

[isatrader]

Pardon the French, but I think the a r s e is going to drop out of the DAX tomorrow.

7205 first, then 7125 then 7000 ish during the week.:clover:

[edit] wow. Didn't even bother with 7205!

Unfortunately it looks like you were right. Think I'm going to be stopped out if it doesn't stabilize soon.

 

[isatrader]

Trades

Thought I'd post the positions update so far today.

 

[SlipperyC]

stop to 7180 please, there's no way I'm letting this turn into a loser!

 

[isatrader]

stop to 7180 please, there's no way I'm letting this turn into a loser!

Ok Slip, I'll update it for you.

Myself and Canto1922 have been stopped out, so I'll do the closing trades for those in a bit.

 

[TradeTheEasyWay]

Great short on the DAX, I'm stopped Beans. Pity looked ripe for a good move.

Mike

 

[SlipperyC]

Thanks Mike.

Had this in my S/B account from 7220 (£2/pt). Hoping to enjoy a longer ride down!

 

[isatrader]

A few trades have been stopped out this afternoon. Here are the details:

Closing Trades

TradeTheEasyWay
Soybeans May 11 Contract (SK11 May 11 Contract)
Direction: Long
Entry: 1385
Exit: 1359

Percentage Loss: -1.88%
ATR Adjusted Percentage Gain: -0.55%

Trade Grade: E

isatrader
Hochschild Mining (LSE:HOC)
Direction: Long
Entry: 624.5
Exit: 599

Percentage Loss: -4.08%
ATR Adjusted Percentage Gain: -1.17%

Trade Grade: F

Canto1922
Fresnillo (LSE:FRES)
Direction: Long
Entry: 1657
Exit: 1580

Percentage Loss: -4.65%
ATR Adjusted Percentage Gain: -1.62%

Trade Grade: F

 

[isatrader]

Positions Update

Attached is the positions update for today. A rough one for a lot of the group today.