Never really thought of it like that - I hadn't looked at CHF/JPY this week but looks like yen got a pasting as in all the other pairs this week. When I trade UCHF & EU, they are normally in opposite directions because of their reverse correlation. ...

Steviet's Live Trades!

Let's have a nice doji on the daily tomorrow - I'll take my profit from the 9400's & then join you on the way down - oh, if only things were so simple Best of luck on this one Kind Regards Steve

WaveTrade

Hi, Looks like a great deal of thought has gone into this which I love to see - the journal posting will keep you honest Will be keeping an eye on this one - best of luck in your endeavour Kind Regards Steve

D.T.S.

Not sure Dave - hopefully someone using MT will let you know.

Steviet's Live Trades!

A real yoyo day on a few of the pairs - here's the update.... Open trades..... USDJPY long from 120.44 (s/l 120.38 guarantees minus 6 pips) GBPUSD long from 1.9442 (s/l 1.9625 guarantees plus 183 pips) New trades..... USDCAD short from 1.1739 (s/l ...

Steviet's Live Trades!

Hi bro Those open trades lookin good Kind Regards Steve

Turbo's Journal

Hi, Basically I'm looking for certain patterns on the daily chart as well as price action that has gone before. Some are easier to spot than others and I'm certainly no expert but would like to think I'm getting better. The most important thing to ...

Steviet's Live Trades!

Right, just back from work to find my USDCAD has been stopped out for minus 46 pips Still have 2 trades running combined total of 350 pips up at present although it looks like I'll only be able to lock in 170 or 180 in tonight. As for the 3 new ...

Steviet's Live Trades!

Hi Chris, Thanks for your comments mate - I'm sure it was sunny one day in December Kind Regards Steve

Steviet's Live Trades!

Thanks for your comments Sanchez - I intend to see it through the 12 months as originally intended with the same technique I started with. Kind Regards Steve

Steviet's Live Trades!

Hi, Yes I'm aware of the correlation between the pairs I trade. Kind Regards Steve

Steviet's Live Trades!

Hi again IS, OK, now it makes perfect sense - you'll have to bear with me as I take on new information. I didn't even know what forex was this time last year Yes, after I've been consistently proifitable for a number of months it will be well ...

Steviet's Live Trades!

OK, thanks for the clarification Kind regards Steve

Steviet's Live Trades!

Hi lion, I have considered looking at EJ & GJ but haven't actually backtested them throughly yet. I've always been a little uncomfortable with GJ as it tends to be the most volatile pair - also has a larger spread than the other pairs I trade. ...

Steviet's Live Trades!

IS, I have just re-read my post to you after a good nights sleep and I apologise for jumping on you. As always you have some very valid and interesting suggestions . I do need to do some further research here on these set-ups but at the same time ...

Steviet's Live Trades!

Thanks for all your comments people OK, update on trades - USDCHF stopped out for a loss of 46 pips and EURUSD stopped out for a loss of 44 pips. USDCAD is holding on at the moment with 1.1722 giving support, USDJPY is currently up 85 pips ...

Steviet's Live Trades!

Hi IS, Again, thanks for your comments - I'm keeping with what I have tested for the whole duration. If I meet my targets, as far as I'm concerned the forward test has worked and worked well. When turbo is back online I invite him to respond if he ...

Steviet's Live Trades!

Hi Dave, Stop loss is at 1.1712 so if it gets hit I'm out. The new low from 10pm is so far 1.1724 - it has hit and held at 1.1722 on 5th, 6th & 17th Jan so this will either provide support again or I'm out for a small loss. Kind Regards Steve

Steviet's Live Trades!

OK, it's just gone 10pm here and all 5 trades are still open with stop losses adjusted...... USDCHF long from 1.2489 (s/l 1.2443 guarantees minus 46 pips) USDCAD long from 1.1758 (s/l 1.1712 guarantees minus 46 pips) EURUSD short from 1.2917 (s/l ...

Steviet's Live Trades!

You're right - as the account grows the amount per pip will too but not the risk. By the way bro, just been checking your thread - I see you're not having a bad month yourself Kind Regards Steve

Steviet's Live Trades!