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stewartr replied Apr 16, 2008Round 2 Trades 18 and 19 - both winners — The EuroUSD and USDCHF trades both closed as winners. 1R winners. Seems pointless to count pips because some stops are 190 pips away and others are 30 pips away and the risk is the same. In this round ...
StewartR - I want my trading to be boring.
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stewartr replied Apr 16, 2008Round 2 Trade 15 16 17 - 3 instant losses — USDCAD EurCad AudCad I took a position in each of these pairs - as per the system and was stopped out on a large 4 hour bar soon after entry. I did nothing wrong. I know that sometimes 3 trades like ...
StewartR - I want my trading to be boring.
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stewartr replied Apr 14, 2008erroneous thinking missed the opportunity — I made another error yesterday. I saw the attached EurUsd trade and did not take it. I was unsure about the gap and wondered if it meant the trade was going to fail. But my back testing did not take ...
StewartR - I want my trading to be boring.
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stewartr replied Apr 14, 2008I think I am nearly finished — The system is working well. My psychology is working out so that I am able to consistently trade the system. I have posted 34 trades so far..........I am thinking of stopping the thread when I get to the end of ...
StewartR - I want my trading to be boring.
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stewartr replied Apr 14, 2008Round 2 trade 14 - 1 R winner (+35 pips) — AUDUSD - 35 pips (1R) winner what I did well: 1. saw the trend (21>55>89ema). 2. waited for the pull back (stoch at extreme) 3. Entered in direction of trend, after seeing a price action bar (pin bar) ...
StewartR - I want my trading to be boring.
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stewartr replied Apr 14, 2008chart of trade 13 — ...forgot to post the chart....
StewartR - I want my trading to be boring.
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stewartr replied Apr 14, 2008Round 2 trade 13 - winner (+16 pips) EurGbp (error) — 1/2R Winner - but I made an error Trend / pull back / price moves in direction of trend / entry - all like clockwork......BUT what did I do well: entered as per the plan what could I have ...
StewartR - I want my trading to be boring.
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stewartr replied Apr 14, 2008Round 2 Trade 12 - NZDJPY - loss 1 R (-60pips) — NZDJPY - stopped out by 3 pips. WHat I did well - stuck to the rules and exited at my stop. What I could have done better - nothing, this was a well executed trade. If I think that this system ...
StewartR - I want my trading to be boring.
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stewartr replied Apr 14, 2008Round 2 trade 11 - 1R loss (58 pips) — AUDCAD entered on break of pin bar trend was up stoch was oversold. loss - 58 pips what I did well: followed the plan, took the loss what could I have done better: nothing - this was a well executed trade
StewartR - I want my trading to be boring.
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stewartr replied Apr 14, 2008Round 2 trade 10 - 32 pip winner (1 R) — CHFJPY - another A trade 1. Trend clearly up (ema 21>55>89) 2. Pull back to exhaustion (stoch at extreme) 3. Trend resumes (pin bar) What I did well: took the trade as soon as I saw it. I also entered ...
StewartR - I want my trading to be boring.
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stewartr replied Apr 14, 2008Round 2 - trade 9 (1 r winner) + 55 pips — Eurjpy A trade. Up trend (21>55>89) Pull back (stoch oversold) Trigger: pin bar indicating trend has resumed. 55 pip win 1 R gain What I did well: I took the trade as my backtested rules told me to. I ...
StewartR - I want my trading to be boring.
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stewartr replied Apr 12, 2008Good thing to do — I just came back from 1 week vacation (school holidays). - 7 days to clear my head. - A few hours to back test my method with various exit strategies - A few hours to back test in different market conditions Result - ...
StewartR - I want my trading to be boring.
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stewartr replied Apr 12, 2008Summary to date — 28 trades 20 wins 7 losses 1 break even 2 trades were clear errors on my part. They were a breach of the rules (what was I thinking?). Posting here is just reinforcing that the rules work - so ONLY trade when the rules are ...
StewartR - I want my trading to be boring.
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stewartr replied Apr 12, 2008Round 2 - trade 8 - another 1R win Euro USD — Eurousd strong up trend (emas) stoch as oversold doji (indecision) followed by 2 up candles Not an A trade but very close. To be an A trade I would like to see a bullish outside bar, bullish ...
StewartR - I want my trading to be boring.
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stewartr replied Apr 12, 2008Round 2 trade 7: 1 R winner in EuroCad — Pull back to extreme in stoch CLear uptrend from emas pin bar price action. This was an A trade. What did I do well: I executed the plan. What could I have done better: nothing. This was good execution.
StewartR - I want my trading to be boring.
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stewartr replied Apr 12, 2008Round 2 - trade 6: another 1R winner — GBPUSD, shorted the pin bar with the stoch at extreme this is an A trade for me. exited at 1R. In trending markets my backtesting is consistently between 75 and 80% for this type of trade with a 1:1 R:R ...
StewartR - I want my trading to be boring.
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stewartr replied Apr 12, 2008Round 2 trade 5 - win 1R — Another winner. What I did well - daily chart was strong down trend. Daily chart was at extreme pull back (stoch) 4 hour chart agreed (stoch) What I could have done better. As per trade 4 - this was not an A trade - ...
StewartR - I want my trading to be boring.
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stewartr replied Apr 12, 2008Round 2 trade 4 - nzdjp - win 1R — This trade was a winner - 1R. What I did well. 1. I took the trade. 2. I honored the long term trend (daily trend was clearly down) 4. I entered on a strong pull back 5. Confirmed entry with a bearish candle ...
StewartR - I want my trading to be boring.
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stewartr replied Apr 12, 2008Round 2 trade 3 - euraud — (posted after trade closed - because was on vacation) Loss: - 76 pips (1R) what I did well - I took the trade. With the trend (according to the emas) at a stoch pull back. what could I have done better: I followed my ...
StewartR - I want my trading to be boring.
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stewartr replied Apr 12, 2008Round 2 trade 2 closed +50 pips — .....threw out the trailing stop .....just using a risk reward ration of 1:1 closed + 50 pips
StewartR - I want my trading to be boring.