Euro Chf daily trade — loss 48 pips trading error - did not enter on break of previous bar. jumped the gun - 100% my fault. If I followed the system, this trade would not have been taken.

StewartR - I want my trading to be boring.

Money management — I have been backtesting to see how money management plays a role in the outcomes. I was surprised to see that targeting a 1:1 risk:reward presented greater profits than letting profits run at 1.5* ATR(100). The winning ratio ...

StewartR - I want my trading to be boring.

Update — I have been continuing to trade this week but am on vacation in the country and only have a dial up internet connection. I'll post all my trades from this week when I get back to the city on Friday or Saturday.

StewartR - I want my trading to be boring.

Tweak to the system - change in exit strategy — Philosophy: trend trading. Preference given to daily trends, then zooming into the 4 hour charts. Setup: 1. See a trend on the daily. I define this three moving averages stretching in the same ...

StewartR - I want my trading to be boring.

Yes - soultrader is on the forum. His "clinic" in the 1kt forum is one of the best I have read anywhere, anytime. He is able to make very fine distinctions on minor trading issues that are helpful, insightful and tortuous! I will be re-writing my ...

StewartR - I want my trading to be boring.

Round 2: Trade 1 EurAud - closed at a losss — Market moved 25 pips in the direction of the trade - however it closed at a loss. -48 pips (1R) What I did well - I took the trade in the direction of the trend. What I could have done better - ...

StewartR - I want my trading to be boring.

Soultrader's comment — Here is a reply from Soultrader to a question I sent him. sorry now Stewart, i'm ranting - let me summarise my advice. 1. Firstly don't rely too much on statistical numbers - "i win 70% of the time and it's a 40% ...

StewartR - I want my trading to be boring.

Round 2: Trade 2 USDJPY — Daily trend down - so I'm going short Stoch at extreme - so a pull back has occurred. Daily Pin Bar - possibly reversal trigger 4 hour - bearish engulfing or "double bar high low close" (James16). There's been a small ...

StewartR - I want my trading to be boring.

Round2 - the 2nd 20 trades - what could I expect — In round 1 I was interested in proving the robustness of the system; ie does it produce positive pips. I believe I have settled that 'yes it does'. In round 2 (the 2nd trades) I am interested ...

StewartR - I want my trading to be boring.

Bakuli and FXTrader — Thanks for your encouragement and stopping in. Patience! Yes! I want patience and I want it NOW!!!!!!!!!!!!!!! My losing last few loosing trades I was getting too close to the market. I was watching every pip. I was ...

StewartR - I want my trading to be boring.

Round 2: Trade 1 EurAud - 4 hour chart — Entered on the close of the bearish engulfing candle. 4 hour stoch at extreme too. What I liked about this trade : daily and 4 hour both showed entry signals at the same time. How confident am I this ...

StewartR - I want my trading to be boring.

Round 2: Trade 1 EurAud — Setup - daily down trend. Entry trigger - daily pin bar Helpful - stoch at extreme

StewartR - I want my trading to be boring.

System Refinement - the 2nd set of 20 trades — I am learning that you dont learn anything unless you follow the rules for at least 20 trades. So this is what I am doing for the next 20 trades. Philosophy: trend trading. Preference given to ...

StewartR - I want my trading to be boring.

analysis of first 20 trades — The trend following and entering on pull backs looks like it generally works. I expect it to remain robust. Almost every trade went in my favour by 30 pips. The biggest wins took off and almost right away. My ...

StewartR - I want my trading to be boring.

Trade 20 now closed -50 pip (loss) — Result - loss of 50 pips What did I do well - took the trade. It met my criteria. What could I have done better. 1. Kept to the rules on the stop size and put it 2 x atr(100), because my system is still ...

StewartR - I want my trading to be boring.

trade 19 closed with 60 pip loss — I think my intuition is getting better. I am trading full time now and I was not happy with this entry. My charts gave me a trigger - yet my intuition was saying the pull back has further to go. Loss of 60 ...

StewartR - I want my trading to be boring.

Yep - I agree with that.

Jacko's Forex House of Pleasure and Pain

trade 20 - audjpy short — at previous resistance has had a strong run up for last 16 hours without a pull back trend is down on daily and 4 hour pull back is extreme (stoch) the rule is to sell high - so I'm in. perhaps twould be better to ...

StewartR - I want my trading to be boring.

trade 19 - eurusd — I think (feel) that the euro has more correcting to do; and I dont want to catch the falling knife. But how can I possibly know if the knife has further to go? I can't possibly know what is going to happen. My job is to ...

StewartR - I want my trading to be boring.

Thanks Panos - pin bar — Yes I waited for the close. I use IBFX so their 4 hour candle is different to alapari.

StewartR - I want my trading to be boring.