Update
New trades:
- usd jpy - buy @ 98.51, SL @ 97.51
Open trades :
usd cad buy @ 1.0361, sl @ 1.0261
Total profit (pips): +310
Update
New trades:
Open trades :
usd cad buy @ 1.0361, sl @ 1.0261
Total profit (pips): +310
Update
Closed usd cad @1.0307 to minimize the loss (54 pip loss)
New trades:
Open trades :
Total profit (pips): +256
Update
New trades:
Open trades :
Total profit (pips): +256
Update
New trades:
sell usd cad @ 1.0294, sl@ 1.0394
Open trades :
Total profit (pips): +256
Update
usd jpy stopped out for a 100 pip loss
New trades:
None
Open trades :
Total profit (pips): 156
Update
usd cad stopped out for a 100 pip loss
ucd chf is over 100 pips, moved sl
New trades:
sell usd jpy @97.35, sl @ 98.35
buy usd cad @ 1.0382, sl@ 1.0282
Open trades :
Total profit (pips): 56
I would also like to know whether anyone who is following this thread has some advice with this method.
Update
ucd chf moved sl
New trades:
Open trades :
sell usd chf @ 0.9033, moved sl to: 0.9012
buy gbp usd @1.6154, sl @ 1.6054
sell usd jpy @97.35, sl @ 98.35
buy usd cad @ 1.0382, sl@ 1.0282
Total profit (pips): 56
Update
gbp usd hit sl for a 100 pip loss
closed usd jpy (mas are crossing) @ 98.20 for a 85 pip loss
New trades:
Open trades :
sell usd chf @ 0.9033, moved sl to: 0.9012
buy usd cad @ 1.0382, sl@ 1.0282
Total profit (pips): -129
I also use this indicator is more trust in that and I’ve been able to have good results, not very large but good lol
Glad to hear that. Would you mind sharing how you manage you trade and rules please? Or are they the same as mine.
Update
usd chf hit sl for a small profit of 21 pips
New trades:
buy usd jpy @ 98.46, sl @ 97.46
Open trades :
buy usd cad @ 1.0382, sl@ 1.0282
I am working on some small tweaks to this method. Still doing few testing before updating the thread.
Total profit (pips): -108
Update
usd cad moved sl to 1.0391 ( This was a late change as I noticed that the price did go over 100 pips, sometime last week, and I missed to modify the order)
eur usd also gave me a possible sell trade, but it is too close to my SR.
New trades:
buy usd chf @ 0.9119, sl @ 0.9019
sell gbp usd @ 1.5928, sl @ 1.6028
Open trades :
buy usd cad @ 1.0382, sl@ 1.0391
buy usd jpy @ 98.46, sl @ 97.46
Total profit (pips): -108
Update
gbp usd sl hit 100 pip loss :17:
New trades:
Open trades :
buy usd cad @ 1.0382, sl@ 1.0391
buy usd jpy @ 98.46, sl @ 97.46
buy usd chf @ 0.9119, sl @ 0.9019
Total profit (pips): -208
Update
Few changes :
I want to make sure that I take some profit when the trade is going well. So, from now on, I will be closing part of my trade when it is over 50 pips and tightning the sl. I will still keep it to 100 pip sl difference.
May not be a good idea, but let’s try it.
If this works, I will update my initial post, with this change.
I would also like to have your comments on this change. not sure anyone is following this thread.+
buy usd chf is over 100 pips. Close 1/3rd of the trade and move sl to 0.9132
buy usd cad is over 50 pips. Close 1/3 and move sl to 1.0343
buy usd jpy is over 90 pips. Close 1/3 and move sl to 98.37
New trades: NONE
Open trades :
buy usd cad @ 1.0382, sl moved @ 1.0343 - close 1/3 of the trade
buy usd jpy @ 98.46, sl moved @ 98.37 - close 1/3 of the trade
buy usd chf @ 0.9119, sl @ 0.9132 - close 1/3 of the trade
Total profit (pips): 263 - 208 = + 55
Again, if anyone is following this thread, I would really appreciate your comments.
[B]For the method and rules, please see the first post.[/B]
Update
usd jpy hit sl @ 98.37, -9 pips
buy usd cad moved sl to 1.0387
New trades: NONE
Open trades :
buy usd cad @ 1.0382, sl moved @ 1.0387
buy usd chf @ 0.9119, sl @ 0.9132
Total profit (pips): 46
For the method and rules, please see the first post.
Update
Remaining usd chf hit sl for a profit of 6 net pips
usd cad closing 50% of the trade. Trade doesn’t look that strong. So I am moving my sl to 1.0405, just
below my sr line.
I am not updating the pip count as I have trouble in calculating them when I partially close trades. I have a friend of mine looking into this.
New trades:
Took a buy gbp usd trade on Nov 18 @ 1.6114
Open trades :
buy usd cad @ 1.0382, sl moved @ 1.0405
Total profit (pips):
For the method and rules, please see the first post.
Update
usd cad moved sl to 1.0418
buy gbp usd moved sl to 1.6114 and closed 1/3 of the trade
New trades:
None
Open trades :
buy usd cad @ 1.0382, sl moved @ 1.0418
buy gbp usd moved sl to 1.6114
Total profit (pips):
Update
usd cad moved sl to 1.0464
New trades:
None
Open trades :
buy usd cad @ 1.0382, sl moved @ 1.0464
buy gbp usd moved sl to 1.6114
Total profit (pips):
Update
New trades:
None
Open trades :
buy usd cad @ 1.0382, sl 1.0464
buy gbp usd moved sl to 1.6122
Total profit (pips):
Update
usd cad is near my sr line, so moved sl to 1.0520
closed 1/2 of gbp usd and the price is at the SR line, moved sl to 1.6154
New trades:
None
Open trades :
buy usd cad @ 1.0382, sl moved to 1.0520
buy gbp usd moved sl to 1.6154 (closed 1/2 of the trade)
Total profit (pips):