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steviet replied Jan 30, 2007OK, current trades...... USDCAD short from 1.1792 (s/l 1.1854 guarantees minus 62 pips) USDJPY long from 121.49 (s/l 121.37 guarantees minus 12 pips) New trades...... GBPUSD short from 1.9624 (s/l 1.9707 guarantees minus 83 pips) EURUSD short from ...
Steviet's Live Trades!
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steviet replied Jan 30, 2007Looking at the charts, uchf is also a hard call - however if eu goes down, which it will on strong us news, uchf will rise. Again, please please please don't anyone take this as a recommendation -it's your money not mine.
Steviet's Live Trades!
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steviet replied Jan 30, 2007You're probably not old enough but I remember when Georgie Best & Rodney Marsh played on the hallowed turf at Craven Cottage
I think my system suits those like me that can't watch their trades all day - it's really a set & forget, peek if you ...Steviet's Live Trades!
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steviet replied Jan 30, 2007I'm favouring taking another short on GU tonight after we've virtually ended the day where we started. I would favour another test of 9555 tomorrow on good US data but it's one of the more difficult calls I've had to make. Out of my 701 pip profit ...
Steviet's Live Trades!
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steviet replied Jan 30, 2007So, is it West Ham or Fulham? I see they're both losing 2-0. Today's closed trades are actually plus 10 pips so not too bad here. Pretty early on I had a day where I lost about 185 pips & another day lost just over 120 pips. That's about as big a ...
Steviet's Live Trades!
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steviet replied Jan 30, 2007Hi magicarpet & Traex - welcome to the journal
Thanks Monaco & Isotonic for your comments - I'm happy for any suggestions to better my system but I'm sticking with what I know for now. If it ain't broke don't fix it
However, if anyone wants to ...Steviet's Live Trades!
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steviet replied Jan 30, 2007My oh my
I've been out on a course all day for work so have just got back & will go through your posts later. GBPUSD stopped out for plus 65 pips, USDCHF for minus 33 pips & EURUSD for minus 22 pips. USDCAD & USDJPY still active so will re-enter ...Steviet's Live Trades!
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steviet replied Jan 29, 2007OK, another day over and stop losses tightened on the 4 existing trades.... USDCAD short from 1.1792 (s/l 1.1854 guarantees minus 62 pips) USDCHF long from 1.2535 (s/l 1.2502 guarantees minus 33 pips) USDJPY long from 121.49 (s/l 121.33 guarantees ...
Steviet's Live Trades!
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steviet replied Jan 29, 2007Thanks, thats cool - I believe in positive expectancy & I positively expect to succeed hehe
Steviet's Live Trades!
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steviet replied Jan 29, 2007That's great Mark
Yup, I think it should work in just about any pair over time as the market will always trend a certain percentage of the time. You just need to be patient enough & disciplined enough and more often than not the trend will ...Steviet's Live Trades!
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steviet replied Jan 29, 2007Hmmm, EURUSD stopped out for minus 25 pips - no matter. Update later. Total Pip Gain Jan 07: plus 691 pips Cumulative since Nov 06: plus 2023 pips Kind Regards Steve

Steviet's Live Trades!
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steviet replied Jan 29, 2007That's +36 pips on my calculator, but I guess you mean 9554
Well done
Kind regards Steve 
Kamalhassan's Journal
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steviet replied Jan 29, 2007Hi Mark, I thinks that's a very good strategy - see what I'm doing on UCAD & do the opposite
On a serious note, drawdowns have been virtually non-existent so far - 5% at most which was soon recovered - I'm keeping the risk the same at present ...Steviet's Live Trades!
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steviet replied Jan 29, 2007Thanks again for your comments
Yes, the heavy correlation is a very good point but what I've found in my method is that this actually helps. The reason being that my initial stops are (reasonably) small so if the $ goes against me I don't lose a ...Steviet's Live Trades!
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steviet replied Jan 29, 2007Hey bro
Bottom line you are 463 pips better off than you were on 1st Jan - now I reckon that's pretty good
Kind Regards Steve 
Turbo's Journal
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steviet replied Jan 29, 2007Hi & welcome
This is purely my trading journal & I don't give out signals but just post my trades for the world to see. Some people follow my trades which is fine but at the end of the day I give out no recommendation and the risk is theirs. My ...Steviet's Live Trades!
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steviet replied Jan 29, 2007Hi, Thanks for your comments and your ideas - you'll have to let me know how you get on with this approach. I'm not overly concerned with UCAD because as a whole the method is working great. UCAD is the only pair not performing now but that may be ...
Steviet's Live Trades!