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  #31 (permalink)  
Old 06-03-2008, 01:24 PM
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Default Patience pays
This is where most people mess up. The market quite simply is not
moving in our direction yet. Most people would try to jump in and
be impatient. We are not going to do that! We will patiently wait
for the daily trends to resume.

I will update tomorrow,
Jackie
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  #32 (permalink)  
Old 06-04-2008, 11:15 AM
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Default To your pips
It looks like our Buy Stop on AUD/USD could potentially get hit today
or tomorrow. This is the only pair that is moving in the direction of
the bigger daily trend.

Sitting on the sidelines is far better than having large floating
losses which is exactly what we would have if we were in the market
right now.

Good luck,
Jackie
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  #33 (permalink)  
Old 06-05-2008, 11:03 AM
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Default Is the shorter term trends reversing yet?
USD/CAD Sell Stop was cancelled as was GBP/USD Buy Stop. These orders
have been placed since last week. We cancelled them this morning.
The current market is moving further and further from the daily trend
which keeps me on the sidelines longer. This is great for us because
Forex can reap the biggest profits when the longer term trends end up
resuming. We know the trends will resume we will just have more room
to gain pips as the current trends move in congruent with their daily
and weekly trends.

Also, the candlesticks do look interesting as there are a couple of
pairs that show they may clearly be reversing their current path. This
will not be verified until tomorrow morning so let's see what happens.

Have a great day,
Jackie
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  #34 (permalink)  
Old 06-06-2008, 11:38 AM
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Default Trading again
I did post 3 trades this am 2 Buy Stops and a Sell Stop and they were all hit within 30 minutes. Currently they are all in the black but neither has triggered their 50 pip trailing stop yet. Let's see what the rest of the day holds.


3 new trades
Buy Stop placed on GBP/USD
1.9600

Buy Stop placed on EUR/USD
1.5675

Sell Stop placed on USD/CHF
1.0300

Happy Pippin,
Jackie
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  #35 (permalink)  
Old 06-07-2008, 10:16 AM
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Default
A happy day is what it is...

I stayed out of the market all week. Yesterday we jump in and looks like we have locked in about 100 pips. I am not in front of my home computer so I can't tell you for certain but all I can say is ... patience does pay!

Jackie
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  #36 (permalink)  
Old 06-09-2008, 10:51 AM
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Default 289 pips profit
We made 79 pips on USD/CHF, it stopped out for a profit
overnight.

Also, EUR/USD was stopped out this am for 63 pips profit.

GBP/USD/ just got stopped out for 147 pips. We just pretty much hit
the motherload on pips today.

We have a total profit of 289 pips all in pretty much one trading day.

There are no new trades today. USD/JPY, is still in a counter trend
and AUD/USD is still open with a small floating loss.

Happy Pips,
Jackie
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  #37 (permalink)  
Old 06-10-2008, 09:57 AM
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Default no new trades
There are no new trades this morning. We still have AUD/USD
open with a small floating loss. There is nothing that looks close
to a possible set up for a trade so we will just wait.

To your forex success,
Jackie
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  #38 (permalink)  
Old 06-11-2008, 11:30 AM
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Default Making trades again
5 new trades this am.

EUR/USD Buy Stop at 1.5550

USD/CAD Sell Stop at 1.0150

USD/JPY Sell Stop at 106.50

GBP/USD Buy Stop at 1.9675

USD/CHF Sell Stop at 1.0325

Remember all trades are made on 50:1 margin using 2 precent of account
balance with 1000 pip stop/loss and 50 pip trailing stop.

Have a great day,
Jackie
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  #39 (permalink)  
Old 06-12-2008, 04:00 PM
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Default Floating losses
We had no new trades today. Currently we are floating losses from the
trades yesterday. I am not really concerned about that. 2 of our 5 new
trades yesterday had their Buy Stop or Sell Stops triggered.

My internet connection was
down for some unknown reason this am. However, that is the beauty of this
trading system. You don't have to sit in front of your computer every
moment you have an open trade.

Have a great day,
Jackie
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  #40 (permalink)  
Old 06-12-2008, 04:18 PM
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Superior Master Contributor and Member
  

Join Date: Dec 2007
Location: Pip World!!!
Posts: 622
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Quote:
Originally Posted by coastalfx View Post
We had no new trades today. Currently we are floating losses from the
trades yesterday. I am not really concerned about that. 2 of our 5 new
trades yesterday had their Buy Stop or Sell Stops triggered.

My internet connection was
down for some unknown reason this am. However, that is the beauty of this
trading system. You don't have to sit in front of your computer every
moment you have an open trade.

Have a great day,
Jackie
You seems to me a swing trader...Normally i saw lot of swing traders trading through moving averages. You are one of them??
PipHacker!!!
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