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    • steviet replied Jul 22, 2009

      LOL, so again today we hit nearly 2% only for US to reverse & stop out. Tonight will be testing hourly bars on USDJPY to see if there's any benefit in splitting the risk. Would still be in that trade as of now and that brought in 3 good winners last ...

      Steviet's Live Trades!
    • steviet replied Jul 21, 2009

      Hey Chris, Welcome! I have seen that chap from Yorkshire lurking here before lol. Seriously, that's very interesting that you've come across something akin to what I'm trying to do. My method is pretty basic at this stage but does show some ...

      Steviet's Live Trades!
    • steviet replied Jul 21, 2009

      Yup, there was strong support here at 1.4180 area & if broken we may see more downside. Big bearish pin bar on hourly looked ominous & the 4 hour one that followed even more. Reversals are often after you see a broken 'pin bar' (see James 16 thread) ...

      Steviet's Live Trades!
    • steviet replied Jul 21, 2009

      Good entry, heard we hit 1.4277 (+3.45%) before those lovely Americans sold off EU Currently at +3 pips and at the end of this hour will either have been stopped out or will close manually (unless something remarkable happens).

      Steviet's Live Trades!
    • steviet replied Jul 21, 2009

      Thanks, One slight disappointment since trading live is that the average win so far has been less than the 4% average. Despite this, everything looking OK overall. Let's see what today brings... Kind Regards Steve

      Steviet's Live Trades!
    • steviet replied Jul 17, 2009

      Yes, due to a change of circumstances I had to come up with something that would allow me to trade alongside my current commitments. I knew I would leave for work shortly after London open and that is normally the time where we get a shake out and a ...

      Steviet's Live Trades!
    • steviet replied Jul 17, 2009

      Firstly thanks for your kind words & I see that we are both operating a low win rate high r:r strategy. Yes, I understand completely your points and 13 may not be the biggest string of losers I have to encounter. All I do know is that I've ...

      Steviet's Live Trades!
    • steviet replied Jul 17, 2009

      Hey Sonic, Thanks for the oversized chart lol! Anyway, well done on picking the reversal and hope you made a mint on that. Nothing to do with my method but good to see anyone making some pips. Kind Regards Steve

      Steviet's Live Trades!
    • steviet replied Jul 17, 2009

      Yes bileye, Recently US has reversed any moves made during London which is not great for my method. However it tends to go through phases - the days London reverses the Frankfurt opening bar and then US follows it through are the days I make hay. I ...

      Steviet's Live Trades!
    • steviet replied Jul 16, 2009

      Hey Stew If you look back a page or two you'll see what I'm doing... Basically whatever the Frankfurt opening hourly bar does, I go against it with 25 pip stop at 1%. Trade stays on either until stop loss hit or I close at or after London close ...

      Steviet's Live Trades!
    • steviet replied Jul 16, 2009

      At last! — Well at last we posted a winner - just closed at 1.4118 for 2.08%. Did touch nearly 4% whilst I was out and not quite the biggie I was after but nice to stop that streak. Up 5.6% since going live which is satisfactory considering ...

      Steviet's Live Trades!