When I place a new trade I look at candlestick formations primarily but do also take into account other things such as a repeated failure to breach support/resistance during the previous day(s). In such cases I will also look at other timeframes for ...

Steviet's Live Trades!

Yes, trades are always kept open until stopped out, news or no news. Kind Regards Steve

Steviet's Live Trades!

OK, all trades still open and stop losses moved as per plan..... USDCHF long from 1.2261 (s/l 1.2230 guarantees minus 31 pips) GBPUSD short from 1.9513 (s/l 1.9543 guarantees minus 30 pips) USDJPY long from 119.35 (s/l 118.89 guarantees minus 46 ...

Steviet's Live Trades!

Yup, nfp is the one news release that can mess up even the longer term trades. Apart from UJ, all trades are comfortably in profit at the moment so some reasonable data will be appreciated tomorrow. Kind Regards Steve

Steviet's Live Trades!

Thanks - appreciate your answer

Steviet's Live Trades!

That's why I'm testing for a year - the tricky part is when the market ranges. However, even when it does, as long as the range is 300-500 pips then the system can still be successful. Also, as time goes on in theory I should get better and make ...

Steviet's Live Trades!

Wise words - also you need to change your username to ex-loser with immediate effect Kind Regards Steve

My personal experience - Lost 5,000 USD in 4 months Forex. Please advice.

Well done, I'm pleased to hear of your success. Reading through these posts, seeing people following my trades makes me far more nervous than trading for myself lol. I just place my trades and then forget until 10pm (well I may take a ...

Steviet's Live Trades!

Hey Ron, Pleased to see your system is working out, even if we sometimes make different calls Kind Regards Steve

Ron's journal

I think he was quoting your message to daemien, he just deleted the "quote" part.[/QUOTE] ok, thanks - see even people without a brain like myself can trade Kind regards Steve

Steviet's Live Trades!

[/QUOTE] No pm received yet

Steviet's Live Trades!

You're welcome Ian When I first looked at forex I tried trading on smaller timeframes and got too emotionally involved with the trades. To put it simply, I was rubbish lol. I've settled on the daily charts for a few reasons. One, I work full time ...

Steviet's Live Trades!

Cheers Daemien Check your pm - hope that helps Kind Regards Steve

Steviet's Live Trades!

Hi & welcome I'm not sure I understand your question fully - maybe if you read all the way through my journal you would see how my personal method works. I know it's a few pages long now but you should get the gist of how I trade. Kind Regards ...

Steviet's Live Trades!

Hi, Sorry I missed your post earlier - I was hoping it would retrace to around 9550 before I entered my trade and it may well do so in the Asian session tonight. Kind Regards Steve

Steviet's Live Trades!

OK, sorry for the delay - posted my trades & then my computer froze lol. Existing trade still open..... USDCAD long from 1.1656 (s/l 1.1632 guarantees minus 24 pips) Broke through 1.1700 today so should be able to lock in some profit by this time ...

Steviet's Live Trades!

Hi, Yes, I agree - I don't think this really can be automated (which I like by the way). I also know that 10 pips may be a little tight as I've been stopped out a few times by the odd pip. On the other side though, if it were widened by another 5 or ...

Steviet's Live Trades!

I'm glad you're looking forward to it - i'm not sure I am I was rather hoping for more of a retrace on GU by now but lets see.... Kind Regards Steve

Steviet's Live Trades!

Thanks Monaco, All I'm trying to do is to get a method where I can consistently make on average 10% a month without the stress If I can prove to myself I can do this over a year then I'm prepared to look at forex as my 'career choice'. The great ...

Steviet's Live Trades!

Superb post - great info - nuff said Kind Regards Steve

100 Trades Analysis