One Trade a Week

[SlipperyC]

Oops. Losing my way again!

Lessons learned (to be learned!); don't have stops too tight.

 

[isatrader]

Positions Update

Attached is the positions update for today.

 

[tradeAweek]

EXIT. 1532.5 on my trade.

 

[isatrader]

EXIT. 1532.5 on my trade.

Hi tradeAweek. Your exit time on the thread was 11.45am so the closing price on the one minute bar I have is 1532.6

Here's the closing trade details:

Closing Trade

Gold
Direction: Short
Entry: 1553.5
Exit: 1532.6

Percentage Gain: 1.36%

ATR Adjusted Percentage Gain: 1.02%

Trade Grade: B

Well done tradeAweek. A nice B grade trade, and puts you in the lead so far.

 

[isatrader]

I'm changing my target to 96.77 and stop to breakeven

 

[isatrader]

exit

 

[isatrader]

exit

My closing time on the thread was 5.56pm so the closing price was 96.4501

Closing Trade

Ishares Barclays 20+ Year Treasury Bond Fund (NYSE:TLT)
Direction: Long
Entry: 95.58
Exit: 96.4501

Percentage Gain: 0.91%

ATR Adjusted Percentage Gain: 0.73%

Trade Grade: C

My exit was a bit premature but it has put me back into positive territory for this quarter overall. So am happy with that.

 

[isatrader]

Positions Update

Attached is the positions update for today. collin2985 still leads with 1.57% gain currently.

 

[isatrader]

Hi Mike, unfortunately your stop loss on the EURJPY was hit this afternoon when it dipped below 115.9

Here's the closing trade details:

Closing Trade

EURJPY (FX:EURJPY)
Direction: Long
Entry: 117.6
Exit: 115.9

Points Loss: 170

ATR Adjusted Percentage Loss: -1.49%

Trade Grade: F

 

[isatrader]

Positions Update

Attached as always is the positions update for today. collin2985 still leads just but lost some ground today so it will be an interesting finish to the week.

 

[isatrader]

Week 19 Results

A positive week for most this week with collin2985 taking the win with a nice 1.72% ATR adjusted gain.

Name______ATR Adjusted Percentage
collin2985__________1.72%
tradeAweek_________1.02%
Canto1922__________0.80%
Pat494_____________0.78%
isatrader___________0.73%
SlipperyC__________-0.44%
TradeTheEasyWay___-1.49%

 

[isatrader]

Below is the current league table and performance points for Q2 so far.

tradeAweek takes the overall ATR adjusted percentage lead with 3 weeks to go of this quarters competition :clap:

Name_____ATR Adjusted Percentage
tradeAweek_______3.62%
dmt257___________3.00%
Pat494___________1.86%
Canto1922________1.55%
CityTrader90______1.39%
SlipperyC_________0.54%
isatrader_________0.54%
collin2985________-0.58%
TradeTheEasyWay__-2.30%
A_fr_____________-2.56%
wigtrade_________-4.23%


Name______Performance Points
Pat494_____________3
dmt257____________2
TradeTheEasyWay____1
CityTrader90________1
Canto1922__________1
isatrader___________1
collin2985__________1

Remember to get your picks in by Sunday night as usual

 

[Pat494]

Don't want to be picky but Tradeaweek is leading the ATR but has nil point on the Leaderboard. Something strange n'est pas ?

 

[isatrader]

Don't want to be picky but Tradeaweek is leading the ATR but has nil point on the Leaderboard. Something strange n'est pas ?

Well he's had less trades overall as only joined in 5 weeks ago, but has had 4 wins and only one small 0.22% loss. But has been consistently second or third each week. It shows you don't have to hold out for the weekly win to do well.

I think what this thread has taught me is to keep losses small and to aim for modest steady weekly gains.

 

[Pat494]

Well he's had less trades overall as only joined in 5 weeks ago, but has had 4 wins and only one small 0.22% loss. But has been consistently second or third each week. It shows you don't have to hold out for the weekly win to do well.

I think what this thread has taught me is to keep losses small and to aim for modest steady weekly gains.

Fair enough

 

[tradeAweek]

Trade for the week.

Short Spot Silver
Limit Entry: 36.75
Stop : 37.86
Target: 32

Reason for short. Possibly started a C wave of an A-B-C

 

[SlipperyC]

Evening all.

My selection this week is;

DAX LIMIT LONG
Entry; 7035
Stop; 6940
Target; 7235

Reason; I think I see a channel up forming (see attached), S&P500 seems to have support at 1270 area and things are quite oversold now.

Note to self; I WILL NOT MOVE MY STOP UP TOO QUICKLY!!!

 

[TradeTheEasyWay]

FTSE has closed below the 200 ema
ES has no support till 1250
US$ has made a very bullish higher low

I see further US$ strength and weaker commodities so I'm going short this one on break of Friday's low.

NZDCHF short.

entry: 68.98
stop: 69.91
target: 65.10

Good luck,

Mike

 

[isatrader]

FTSE has closed below the 200 ema
ES has no support till 1250
US$ has made a very bullish higher low

I see further US$ strength and weaker commodities so I'm going short this one on break of Friday's low.

NZDCHF short.

entry: 68.98
stop: 69.91
target: 65.10

Good luck,

Mike

Thanks Mike, attached is you ATR targets for NZDCHF

ATR Targets

Daily ATR(200) = 0.0082 (1.19%)
Weekly ATR(52) = 0.0234 (3.39%)

-1x ATR: 0.6980
1x ATR: 0.6816
1.5x ATR: 0.6775
2x ATR: 0.6734

Good luck

 

[isatrader]

Trade for the week.

Short Spot Silver
Limit Entry: 36.75
Stop : 37.86
Target: 32

Reason for short. Possibly started a C wave of an A-B-C

Hi tradeAweek, here's the ATR targets for you for Silver

ATR Targets

Daily ATR(200) = 1.2055 (3.28%)
Weekly ATR(52) = 2.6237 (7.14%)

-1x ATR: 37.96
1x ATR: 35.54
1.5x ATR: 34.94
2x ATR: 34.34

Good luck