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    • steviet replied Jul 15, 2009

      Yeah sorry Ian, i was talking very much tongue in cheek with my last answer and may have come across not quite as I meant lol. What you are saying is very true as it's all very well manually backtesting 10 consecutive losses but a different kettle ...

      Steviet's Live Trades!
    • steviet replied Jul 15, 2009

      Permission to say b*##** — Stopped out So after a full month we are at +3.52% The method is quite capable of big double digit months when the pair actually moves so mustn't be too down. I just hope this thing breaks upwards now and we get some ...

      Steviet's Live Trades!
    • steviet replied Jul 14, 2009

      LOL Ian, Backtesting I did have a few runs of this and worse - 13 was the biggest run. Not too disheartened at this stage as the average winner turns in at around 4% and with just 1% risk, one win a week gives a break even week. Biggest daily win on ...

      Steviet's Live Trades!
    • steviet replied Jul 14, 2009

      I did take a break from the journal but just started up again recently. Yes, EU really doesn't know where to go right now - a breakout would be preferable for me but the market will do what it wants, not necessarily what I want

      Steviet's Live Trades!
    • steviet replied Jul 14, 2009

      Grrrrrrrrrr — Well was up over 1% at lunch with price at 1.4010 with the possibility of finally getting above 1.4020 & turning resistance into support. But oh no, US session reversed yet again back into this stupid range and just clipped the ...

      Steviet's Live Trades!
    • steviet replied Jul 14, 2009

      Hi Ian, In a word, yes! It's always difficult to come to the realisation that things that were working are no longer working so well and to then try and come up with something that will suit current situation and then make it personal to you. The ...

      Steviet's Live Trades!
    • steviet replied Jul 14, 2009

      Hey thanks Sam & glad you enjoyed the read. It's certainly been an interesting few years and things never quite go according to plan but yes, as you say, still here trying to squeeze something out of the market lol Kind Regards Steve

      Steviet's Live Trades!
    • steviet replied Jul 13, 2009

      Hey Sonic, Yes, the method basically trades against the Frankfurt hourly bar. I was well aware that it looked bullish but that is not an issue with this. If the bar preceding London open is bullish I'm short & if it's bearish I'm long. Look back to ...

      Steviet's Live Trades!
    • steviet replied Jul 10, 2009

      Exit — OK, hopefully this will work lol. I'm going back to June 24th when we had a +6.65% day to explain exit. Firstly I've circled the opening Frankfurt hour bar which is clearly bullish. Therefore I'm going short on London open which I did ...

      Steviet's Live Trades!
    • steviet replied Jul 10, 2009

      Weekly summary — Hmm, popped back for lunch & I see I've made it a full week of losses this week. Who's idea was it to re-start this journal anyway lol???? OK, let's put all this into perspective. Started trading this live 15th June and over ...

      Steviet's Live Trades!
    • steviet replied Jul 10, 2009

      Hi Dan, Yes, a method such as this means you have to let the profits run through the day or it simply will not work. It's not a method for someone who likes a high win rate as this one averages around 30% and you could go for days without a ...

      Steviet's Live Trades!