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steviet replied Jan 17, 2007Not going to change a thing - I said a year & that's what I will stick to - that way I know. Thanks for your comments once again
Kind Regards Steve 
Steviet's Live Trades!
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steviet replied Jan 17, 2007To be quite honest I really haven't thought about it yet - ask me in a year
Seriously though, if I did average 10% per month for the whole year, I'd probably stick to exactly the same method. I'm a great believer in not tinkering with things that ...Steviet's Live Trades!
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steviet replied Jan 17, 2007Hi hilmy
I use up to 2% of my available margin on each trade which equates to up to 10% over the 5 pairs. In essence, if I lost 100 pips on each of my 5 trades at once, I'd suffer a 7 to 10% drawdown. So far I haven't had a losing trade more than ...Steviet's Live Trades!
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steviet replied Jan 17, 2007I'm still in a long GU trade from a few days ago opened at 1.9442 - stop loss has now been moved up to 1.9580 which guarantees 138 pips. Kind Regards Steve

Steviet's Live Trades!
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steviet replied Jan 17, 2007Thanks, I'm sure you would get slightly different results but in essence the method would be the same. There is another journal thread here by Ron Hickey who took the method & is now trading it live. We often choose opposite directions but he seems ...
Steviet's Live Trades!
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steviet replied Jan 17, 2007Yep, nothing has changed - if it ain't broke, don' fix it
The actual entries are the important thing though as that's where the discretion part of the method is involved. Once in the trade it comes down to discipline, patience & guts to leave ...Steviet's Live Trades!
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steviet replied Jan 16, 2007Red is triple exponential ma period 12 Green is time series forecast period 15 Not sure if you have TSF in MT4 - I don't really take much notice of them but it shows me at an instant when a trend could (and I emphasise could) be exhausting. Anyhow, ...
Steviet's Live Trades!
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steviet replied Jan 16, 2007Yes, I find the perfect combination for sound trading decisions is a naked chart & a fully clothed Steve

Steviet's Live Trades!
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steviet replied Jan 16, 2007Not quite yet lol - I've only been trading live a few months - bound to make some monumental mistake at some point
Yeah, stupid Euro got us both today but it happensSteviet's Live Trades!
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steviet replied Jan 16, 2007Steve, I know you only update your positions daily, and you have a stop set. Do you leave your target price open until the next daily candle? Thanks[/quote] I don't actually have a target as such - the stop loss, once in profit (hopefully lol) will ...
Steviet's Live Trades!
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steviet replied Jan 16, 2007Now it is my honour to welcome you to my thread
Generally speaking they will move together although EU normally at a slower rate. The only reason I'm not GU short at the moment is the fact that my long was not stopped out - I'd be very surprised ...Steviet's Live Trades!
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steviet replied Jan 16, 2007OK, 2 current trades still open with stop losses adjusted..... USDJPY long from 120.44 (s/l 120.11 guarantees minus 33 pips) GBPUSD long from 1.9442 (s/l 1.9580 guarantees plus 138 pips) 3 new trades..... USDCAD long from 1.1758 (s/l 1.1636 ...
Steviet's Live Trades!
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steviet replied Jan 16, 2007Just like to say Monarch, that you are giving a fantastic service to those trading cable. It must take you forever to research & then write your thoughts here in this thread. It's enough for me just to post my trades in my journal lol. Simply ...
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steviet replied Jan 16, 2007OK, I'm currently long on GU from 1.9442 and as long as my stop loss isn't hit at 1.9560 today then I'll be staying long. However, if prices stay around this mark, I'll be shorting EU tonight. I cannot stress this enough though - this is my journal ...
Steviet's Live Trades!
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steviet replied Jan 16, 2007A Huge Apology
— Seems like I celebrated and you congratulated too soon - EURUSD stopped out for minus 30 pips
Still, am guaranteed over 100 on the GU so that should push us back over lol. Total Pips for Jan 07: plus 656 Cumulative ...Steviet's Live Trades!
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steviet replied Jan 16, 2007HAHA, This is a rare day off work for me so it's been fun watching the markets during the action part of the day for a change. The system had to be based around the fact that I'm not able to trade during the day. I'm pretty sure it will work, I've ...
Steviet's Live Trades!
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steviet replied Jan 16, 2007I'm sure you will lol - yup my eu long was up over 50 pips & now at b/e but that's how it goes. That'll teach me for not having targets hehe. Kind Regards Steve

Steviet's Live Trades!