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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. Also, check out the School of Pipsology if you want to learn which timeframe you should trade in.

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  #71 (permalink)  
Old 03-14-2008, 04:09 PM
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Here will be my tracking or log book. I think this might help in tracking process. I once herd that successful traders all have a log book to track progress, then when they review the log they can build upon weakness and strengths.
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  #72 (permalink)  
Old 03-14-2008, 04:46 PM
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Having quickly looked across the board. I have the following on watch going into next weeks open.

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  #73 (permalink)  
Old 03-16-2008, 05:11 PM
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Cool hi

If i can ask...why do you trade so many pairs??? Why not focus on just 1-2 paris and create a trading system for those pairs? I would think that each pair has its own unique identity so creating one trading system is kind of unfair and i would think unsuccessful as i have seen in the past.

For example, i was tought that the gbp/usd and gbp/jpy although they have similar moves they are very different in so many ways...so one trading system will not work for the other.

Just my two cents
thanks
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  #74 (permalink)  
Old 03-16-2008, 08:27 PM
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Quote:
Originally Posted by pppglowacki View Post
If i can ask...why do you trade so many pairs??? Why not focus on just 1-2 paris and create a trading system for those pairs? I would think that each pair has its own unique identity so creating one trading system is kind of unfair and i would think unsuccessful as i have seen in the past.

For example, i was tought that the gbp/usd and gbp/jpy although they have similar moves they are very different in so many ways...so one trading system will not work for the other.

Just my two cents
thanks

Ppppglowacki, very good question. Well what I'm trying to accomplish is scanning my charts and trying to ID any set-ups. Now I do believe a set-up is a set-up. I narrow down my search after looking over the charts.

TIS IS NOT A DAY TRADING THING I'm working on and in fact time does not drop under a 4h chart. We shall see how things take hold.
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  #75 (permalink)  
Old 03-16-2008, 08:28 PM
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Trade 1 open 8:10 est (EURAUD)
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  #76 (permalink)  
Old 03-16-2008, 08:38 PM
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Quote:
Originally Posted by Airborne View Post
Having quickly looked across the board. I have the following on watch going into next weeks open.

I did not have any pending orders and missed the other pairs
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  #77 (permalink)  
Old 03-16-2008, 08:43 PM
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Quote:
Originally Posted by Airborne View Post
Trade 1 open 8:10 est (EURAUD)
Moved stop to B/E @ 50 pips
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  #78 (permalink)  
Old 03-16-2008, 08:58 PM
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Trade 1 closed

Targt was met and adjusted to 131pips and got taken away.


R multiple 2.18
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  #79 (permalink)  
Old 03-16-2008, 09:14 PM
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Revision #1

I will add the daily range info to my template. If a pair has not moved 120 pips in my data window it most likely will not just because I'm in it. I'll see if I can Taylor the standard 120 pip target based off this data window.
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  #80 (permalink)  
Old 03-16-2008, 09:40 PM
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I see a 4h sell signal in NZDUSD. waiting to see if price gets rejected off resistance.
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