That's right, I set my s/l to 10 pips off the previous day's low/high Kind Regards Steve

Steviet's Live Trades!

It may but yen is so weak at the moment - have been in this trade for over a week now and locked in well over 100 pips. My theory is that less thinking equals more profit . Kind Regards Steve

Steviet's Live Trades!

OK, new trades are now on to add to UJ and UCAD..... USDCHF short from 1.2139 (s/l at 1.2242 guarantees minus 103 pips) GBPUSD long from 1.9696 (s/l at 1.9456 guarantees minus 240 pips) EURUSD long from 1.3196 (s/l at 1.3073 guarantees minus 123 ...

Steviet's Live Trades!

Yes, took a dive just as I was hoping - stop loss tonight will still be a few pips from break even but hopefully be able to lock in some pips this time tomorrow. Kind Regards Steve

Steviet's Live Trades!

Mr perfect? I don't think so! OK, my system I will be taking a long at 10pm on GU - my stop loss for the day will be way down at 1.9456 for the first day. I know this is nearly 200 pips from the current price but I only use a tiny margin so ...

Steviet's Live Trades!

Cool Rick Great when it works Kind Regards Steve

Steviet's Live Trades!

My daily bar closes at 10pm GMT Kind Regards Steve

Steviet's Live Trades!

OK, Was stopped out of GBPUSD for a 72 pip gain, EURUSD for a 156 pip gain & USDCHF for a 179 pip gain. Will enter these again at 10pm tonight. So far this month we have banked a total of 1136 pips equating to an increase of 16.77% account balance ...

Steviet's Live Trades!

Hi Eric, All trades taken since I went live with this system in mid November have been documented here. As far as net pips gain is concerned, the totals so far are..... GBPUSD 652 net pips gain (plus 72 on current open trade) EURUSD 208 net pips ...

Steviet's Live Trades!

Hi all, Well, its just past 10 pm here and all 5 trades are still open and more profit has been locked in Current trades....... USDCAD short from 1.1576 (s/l at 1.1597 guarantees minus 21 pips) GBPUSD short from 1.9662 (s/l at 1.9590 ...

Steviet's Live Trades!

Yup, looks like the run may be exhausting and as the system insists I take a trade, short looks the best way to go and far less risk than taking a long trade here. We have a pretty tight stop loss for the system but let's see... Kind Regards Steve ...

Steviet's Live Trades!

New trade entered on USDCAD - short at 1.1576 (s/l 1.1600) Steve

Steviet's Live Trades!

Well, today was a real rollercoaster of a day - I was off work so had the opportunity to watch the charts for most of the day. I must say, I admire you intra-day traders - I think it would knock years off me Anyhow, the remaining 4 trades are ...

Steviet's Live Trades!

Thanks for bumping these threads back to the top - very interesting reading Was wondering where you and your teapot had got to anyway Kind Regards Steve

Making Sense of FX Broker Stop Loss Policy, By Jimmy Young

Well done - patience is a virtue my mother always told me Kind Regards Steve

Cable Update (GBPUSD)

Had a minor panic attack too - now I know why I trade the daily charts and go to work. Anyhow - back up over 650 pips now Kind Regards Steve

Cable Update (GBPUSD)

USDCAD was stopped out for a 1 pip gain - thats happening a lot lately. Remaining 4 trades are up around 620 pips so should be able to lock in at least half of that in profits at close tonight unless we see something out of the ordinary. Kind ...

Steviet's Live Trades!

So, it's 10pm here and all trades are still open with stoplosses adjusted..... GBPUSD short from 1.9662 (s/l at 1.9724 - guarantees minus 62 pips) USDCHF long from 1.1997 (s/l at 1.2016 - guarantees plus 19 pips) EURUSD short from 1.3284 (s/l at ...

Steviet's Live Trades!

Great to hear you're doing well - remember this is a live test and I'm not giving recommendations 1. It will end Oct '07 2. Nothing learnt really so far that I didn't already know from backtesting but I'll let you know - I'm pretty confident this ...

Steviet's Live Trades!

I hear you loud and clear I'll be posting an update in about 90 minutes and after moving the s/l on the 5 pairs I think I'll only be guaranteeing about 60 or 70 pips, even though they are currently up around 500 pips. However, I should be able to ...

Steviet's Live Trades!