Parabolic SAR - that's all!

[natejax]

Looks like USDCHF is nearing a buy. today's Williams OA indicator is at a buy, so far. Could have a buy on PSAR on monday.

[natejax]

Had a great trade today. Sold a stock short (GRMN) and bought it back when PSAR told me to do so. the stock had a huge spike overnight. i made about $1000 off the trade but only risked about $200 with my stop.

[Bocajunior]

Originally Posted by dpaterso

Hi folks,

Just a very short quick note to let you know that I WILL be returning next week all things being equal!!!

I've managed to 'scrape' together a few K and just need to get my ADSL, email, and websites re-instated and I should be good to go.

This little 'forced' sabbatical may have been the best thing for me i.e. time to reflect and analyse where and why I went 'belly up' and have come up with some 'startling' answers.

Unforutanately I have to keep this message short i.e. still using my mobile phone for connection.

Glad to see that the thread has been 'kept up' by you good people.

Thanks.

Dale,
Great news to hear that you are doing ok and will be returning. Will look fwd to it once you get your stuff together.

natejax,
Thanks for positing that chart. I will give it some study and seems like you had a good trade the other day. Well done.

Best Rgds

[kauaibobby]

I am still just playing and started trying Oando.
Bought Silver and Gold using SAR and they seem to be the biggest winners for me so far.
I have been back testing SAR Only and it always seems to win 80% more than losses in pips.
It seems so easy.
I tried putting other indicators with it but it doesn't do as good as SAR Only.
Just been back testing on Daily with 30 different pairs going back one year since that is all Oanda goes back to.
I am just not sure about , draw down, swap, interest rate, margin, spread................... and so many other thing I need to look for.
I will get this all figured out.
It just takes time, like everything else, trial and error and just play money for now.
So I can only win knowledge.

[natejax]

Have you guys spotted anything that looks promising for next week? Does OANDA allow you to make stop to open orders (buy at a higher price or sell at a lower price)... I am currently stuck with FXCM. feel like i picked the wrong broker .

[kauaibobby]

so i am pretty new to all this
wish I could help.

[Bocajunior]

Originally Posted by natejax

Have you guys spotted anything that looks promising for next week? Does OANDA allow you to make stop to open orders (buy at a higher price or sell at a lower price)... I am currently stuck with FXCM. feel like i picked the wrong broker .

Nate, i
If I understand your question correctly, you can do this on Oanda. I demoed on FXCM for a couple of months and I'm sure you can do it there as well. Have you tried their live help chat? I found both Oanda and FXCM very helpful in this regards.

Rgds

[tonymand]

Originally Posted by natejax

Have you guys spotted anything that looks promising for next week? Does OANDA allow you to make stop to open orders (buy at a higher price or sell at a lower price)... I am currently stuck with FXCM. feel like i picked the wrong broker .

yes both stop and limit orders are available on Oanda

[natejax]

Thanks. FXCM does have stop and limit orders but they are called "entry orders" and you just put in a higher or lower price and it is automatically assigned as stop or limit based on whether it is higher or lower.. still seems like spreads are pretty high and they don't have as extensive a list of currency pairs as OANDA.

[Bocajunior]

Here is the latest on my positions.

Monday morning here in the Asian timezone and I am yet to open any trades today. Lets see if there anything after the new candle forms at midday. Current profit since system start is at 22.2%.


Open Positions
GBP/CHF Short
EUR/GBP Long
EUR/AUD Long

2 of the above are in nice proft. EUR/AUD is at a slight loss just now.


Closed Positions
GBP/USD. Closed manually for a loss after Fed rate cut. -50 pips
USD/CAD Short. Stop Loss on reduced time frame for +350 pips
XAG/USD Long. Stop Loss on reduced time frame for +5000 pips
AUD/JPY Long. Stop Loss on reduced time frame for +180 pips
AUD/NZD Short. Stop Loss on reduced time frame for +100 pips
NZD/USD Long. Stop Loss on reduced time frame for +190 pips
XAG/USD Long. Stop Loss on daily PSAR. -5000 pips
NZD/USD Long. Stop Loss on reduced time frame for +50 pips
GBP/USD Long. Stop Loss on reduced time frame for +100
AUD/JPY Long Stop Loss on reduced timeframe for +650
EUR/AUD Short stop loss on reduced timeframe for +600 pips
EUR/JPY Long Stop loss on reduced timeframe for +700 pips
EUR/CHF Long Stopl loss on reduced timeframe for +150 pips
EUR/GBP Short Stop Loss for +50 pips
GBP/CHF Long Stop loss on reduced timeframe for +50 pips
EUR/USD Short Stop loss on PSAR for -100 pips
GBP/CHF Long. Stop Loss for -75 pips
AUD/USD Short. Stop Loss for -120 pips
EUR/AUD Long. Stop Loss for -270 pips
AUD/JPY Short. Stop Loss for -70 pips
NZD/USD Short. Stop Loss for -160 pips
EUR/CHF Short. Stop Loss for -40 pips
CAD/JPY Short. Stop Loss for -20 pips
EUR/SEK Long. Stop loss on reduced timefarme for +950 pips
USD/CNY Short. Stop Loss on reduced timeframe for +350 pips
CAD/JPY Long. Stop Loss for +90 pips
AUD/JPY Long. Stop Loss for -190 pips
EUR/AUD short. Stop Loss for -210 pips
EUR/USD Long. Stop loss on reduced time frame for +220 pips
NZD/USD Long Stop loss for +55 pips
AUD/USD Long. Stop loss for +60 pips
EUR/JPY Long. Stop loss for -220 pips
GBP/JPY Long. Stop Loss for -360 Pips
CHF/JPY Long. stop loss for -125 pips
USD/CHF Short. Stop loss for +260 pips
EUR/CHF Short. Stop loss for +200 pips
USD/NOK Short. Stop loss for -1000 pips

Regards
Scott