Winter blues Trading 2011/12

[be-positive]

out 1.3824

+ 30

short cable 1.6016
sl 1.6040

nice one

hustler

 

[Vaco]

out 1.3824

+ 30

short cable 1.6016
sl 1.6040

closed 1.5984

+ 32

thats me done for the day, 3 trades +17, + 30 +32

total +79

 

[Vaco]

nice one

hustler

your getting a bit too good on the tech side of things, your be writing EAs to run rings round us next.

 

[Lord Flasheart]

top trading guys,just need this gbp to fall a bit more and by binaries will come in

 

[be-positive]

writing EAs to run rings round us next.[/QUOTE]
Think you are getting me mixed up with jonboy I am such a simple tramp living in a cave

 

[Lord Flasheart]

writing EAs to run rings round us next.

Think you are getting me mixed up with jonboy I am such a simple tramp living in a cave[/QUOTE]

BPs cave is a mansion to most

 

[Vaco]

morning all.

long euro/$ 1.3686 20 pip sl

 

[Lord Flasheart]

Morning Vince and all,good luck

 

[Vaco]

morning all.

long euro/$ 1.3686 20 pip sl

out -20

 

[Vaco]

long wur/gbp 0.8608 sl 0.8596

 

[Lord Flasheart]

may short eur/aud for small measures as 20 pips is a blip on that pair

 

[DDI]

short eurjpy 10665, stop 10706, first target 10630 second target open

 

[Lord Flasheart]

short 1.3381 s/l 13406 eur/aud

 

[Lord Flasheart]

only use small measure for eur/aud 30 pips is a blip with that pair

 

[Vaco]

long wur/gbp 0.8608 sl 0.8596

out -12

not the best of starts to the morning.

One aspect of my trading that I am strugling to improve is cutting losing trades when the pattern no longer fits rather then waiting for the stop to be hit.

 

[Lord Flasheart]

out -12

not the best of starts to the morning.

One aspect of my trading that I am strugling to improve is cutting losing trades when the pattern no longer fits rather then waiting for the stop to be hit.

your still having a very good week. Problem with cutting trades,most of the time when you realise things aren't working there only a few pips left,hardly worth it then. Maybe its something I should look at.i probably only cut 1 in 20 trades

 

[Vaco]

Yes its true your usually within 10 pips of your stop when things are no longer right, but even if you save 5 pips on half your losers you will increase your pip count at the end of each week.

 

[Lord Flasheart]

Yes its true your usually within 10 pips of your stop when things are no longer right, but even if you save 5 pips on half your losers you will increase your pip count at the end of each week.

possibly,but thats debbatable. What about the ones that nearly take your stop by 1 or 2 pips and then go your way, or a false spike etc. Lets stay away from this we will crew our minds up

 

[Lord Flasheart]

Hmm i could easily find a reason for cutting this eur/aud trade. other aussie and euro pairs are not moving in correlation

 

[Vaco]

short eu/$ 1.3695 20 pip stop