Go Back   Forex Forum > "The Holy Grails" > Show me the money! [Daytrading]
Register FAQ Members List Calendar Chat Room Search Today's Posts Mark Forums Read
Show me the money! [Daytrading] Need some trade ideas for today? Want to share your own intraday trade ideas? If you're the next Jerry Maguire and can show us the money then this thread is for you.

Welcome to the BabyPips.com forum!

You are currently viewing our boards as a guest which allows you to view the discussions, but prevents you from contributing. By joining our FREE community you will be able to do all of the following:

  • Post topics & responses to other discussions
  • Communicate privately with other members (PM)
  • Respond to polls
  • Upload content
  • Post comments on our blogs
  • Contribute on our Forexpedia

Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact us.



Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 01-17-2008, 07:36 PM
FXTH FXTH is offline
Newbie
 

Join Date: Jan 2008
Location: Czech Republic
Posts: 39
FXTH is still new to the BabyPips.com Forum
Lightbulb EUR/JPY Trade Prediction

My trading diary - long term positions + my money management ( live trading)

1. I have $1000 on my account
2. I will open 0,07 lot ( micro lot)

Actually I open EUR/JPY at price 156,14 direction UP = BUY

When I will close this position I will update it here.
Reply With Quote
  #2 (permalink)  
Old 01-17-2008, 10:30 PM
didjerdu's Avatar
didjerdu didjerdu is offline
Junior Member
 

Join Date: Dec 2007
Location: Nu Joisey
Posts: 56
didjerdu is still new to the BabyPips.com Forum
Default E/j

Hmm.....I'm not convinced long term that this pair is going up just yet. Ranging in the past two day. Fib extension on a daily still looks strong to the downside to 153,75 level. But I hope you are right. You need to put S/L and target levels for good information to others.
Thanks,
S.
Reply With Quote
  #3 (permalink)  
Old 01-17-2008, 11:13 PM
vxdxm vxdxm is offline
Newbie
 

Join Date: Jan 2008
Posts: 28
vxdxm is still new to the BabyPips.com Forum
Default

Quote:
Originally Posted by didjerdu View Post
Hmm.....I'm not convinced long term that this pair is going up just yet. Ranging in the past two day. Fib extension on a daily still looks strong to the downside to 153,75 level. But I hope you are right. You need to put S/L and target levels for good information to others.
Thanks,
S.
I also think i will go down a bit more before you can go long with it. I am also waiting for it to divert so i can ride it.
Reply With Quote
  #4 (permalink)  
Old 01-25-2008, 03:38 PM
FXTH FXTH is offline
Newbie
 

Join Date: Jan 2008
Location: Czech Republic
Posts: 39
FXTH is still new to the BabyPips.com Forum
Default

I will use limit price 158.97 for close the position.
Reply With Quote
  #5 (permalink)  
Old 01-27-2008, 07:22 PM
FXTH FXTH is offline
Newbie
 

Join Date: Jan 2008
Location: Czech Republic
Posts: 39
FXTH is still new to the BabyPips.com Forum
Default

I will close position on 158,02.
Reply With Quote
  #6 (permalink)  
Old 01-28-2008, 05:00 PM
FXTH FXTH is offline
Newbie
 

Join Date: Jan 2008
Location: Czech Republic
Posts: 39
FXTH is still new to the BabyPips.com Forum
Default

PROFIT TODAY + 188 pips.
Reply With Quote
  #7 (permalink)  
Old 01-29-2008, 06:12 PM
havenoidea havenoidea is offline
Newbie
 

Join Date: Sep 2007
Posts: 49
havenoidea is still new to the BabyPips.com Forum
Default

Quote:
Originally Posted by FXTH View Post
My trading diary - long term positions + my money management ( live trading)

1. I have $1000 on my account
2. I will open 0,07 lot ( micro lot)

Actually I open EUR/JPY at price 156,14 direction UP = BUY

When I will close this position I will update it here.
base on your day posted 01-17-08

u long around 156.14 limit at 158.02

the market fall against you MINUS 400 points

i think by that time, u already closed your position
Reply With Quote
  #8 (permalink)  
Old 01-30-2008, 07:53 AM
FXTH FXTH is offline
Newbie
 

Join Date: Jan 2008
Location: Czech Republic
Posts: 39
FXTH is still new to the BabyPips.com Forum
Default

hi,

no, I use stop loss about 500 pips. So this position I have really on my account.
Reply With Quote
  #9 (permalink)  
Old 01-30-2008, 12:00 PM
uptick's Avatar
uptick uptick is offline
Senior Member
 

Join Date: Jan 2008
Posts: 199
uptick is still new to the BabyPips.com Forum
Send a message via AIM to uptick Send a message via Yahoo to uptick
Default

so youre risking 188 pip profit for a 500 pip loss? i would rethink that strategy. just my opinion.
Reply With Quote
  #10 (permalink)  
Old 01-30-2008, 12:07 PM
FXTH FXTH is offline
Newbie
 

Join Date: Jan 2008
Location: Czech Republic
Posts: 39
FXTH is still new to the BabyPips.com Forum
Default

You will see that it is more profitable strategy than many others.. It was extreme, because of situation on the market... how everybody know.

Normally can be floating loss less than 200 pips and average profit is about 170 pips per position.

With this strategy I have not to sit with my PC all day... just couple of minutes per day.
Reply With Quote
Reply

Forex Forum > "The Holy Grails" > Show me the money! [Daytrading]




Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -4. The time now is 12:01 PM.
Search Engine Optimization by vBSEO 3.0.0
"There are two kinds of failures: Those who thought and never did, and those who did and never thought."
Laurence Peter