- Search Metals Mine
- caireono replied Apr 24, 2008
Close the Sell UC for 10 pip profit and perform another SSP. Profit = 28 pip FL Loss = -48 pip.
KAS Trading Journal
- caireono replied Apr 24, 2008
Let me twist a bit. Close the UC Buy for 10 pip profit, but instead of opening another BBP, I put up SSP. Note that I cannot perform another BBP, because then it will be 3 Buy for EU and only 1 Buy for UC. It could be dangerous because if the EU ...
KAS Trading Journal
- caireono replied Apr 24, 2008
Now, FL loss = -20 pip. Now I have 2 EU Buy and 1 UC Buy. I have to Wait and Close one of the EU BUY for positive profit, before opening another BBP (ie BUY EU and BUY UC).
KAS Trading Journal
- caireono replied Apr 24, 2008
HSNF2 system update. Close the EU for 8 pip profit and perform another BB. Profit = 8 pip FL loss = -29 pip
KAS Trading Journal
- caireono replied Apr 24, 2008
Ok, introducing HSNF2 System (Hedge Set and Forget #2). Still demo. 1) Any time desirable, Do a BUY EU and BUY UC or SELL EU and SELL UC. 2) Later, 1hr, 4hr, next day, or anytime you open the PC, if it is BB, close whichever positive and perform ...
KAS Trading Journal
- caireono replied Apr 24, 2008
This GJ can move 70 pips up within seconds. Now at -30 pip loss. Lesson learned. Should have close at 30 pip profit just now - it is at the Resistance area.
KAS Trading Journal
- caireono replied Apr 24, 2008
Entry SELL here. (with TP 50 and SL -40 pip) Now, profit at 7 - 10 pip.
KAS Trading Journal
- caireono replied Apr 24, 2008
My HSNF (Hedge Set and Forget) system update. Close the SSP for 10 pip profit. Believe that price of EC will go up. Floating loss of BBP = -57 pip at the close of SSP. Profit = 20 + 10 = 30 pip. Net = -27 pip loss.
KAS Trading Journal
- caireono replied Apr 24, 2008
AFPC just now - looks like there is news or something (100 pip movemen in 10min!), price hit my SL for -40 pip loss. Analysis still valid. Now waiting for GBPAT1 (entry on GBPAT2) or GSPAT1.
KAS Trading Journal
- caireono replied Apr 24, 2008
Observation. Ranging period or consolidation is bored. How to know the consolidation period is about to end ? Look for the biggest swing hi lo among other swings in the consolidation period. Draw the center line of that swing hi lo. Wait for the ...
KAS Trading Journal
- caireono replied Apr 23, 2008
Price did move to 50 + pip, but hit my TP at 20 pip. Now, waiting for either GSPAT1 or GBPAT2 - as these 2 signals got the range to move - will set bigger TP later.
KAS Trading Journal
- caireono replied Apr 23, 2008
GBPAT2 has formed. Set my TP to 20 pip and SL at 204.55.
KAS Trading Journal
- caireono replied Apr 23, 2008
240408 For Hedge Set and Forget System. It turns out that I was correct in my earlier analysis - I shoul not have re-bought the BBP, should have left the SSP only -
KAS Trading Journal
- caireono replied Apr 23, 2008
Look at the Pattern, everytime both 3 and 7 LWMA cross the 21 LWMA - it is a valid BUY or SELL. Take profit or SL is when there is 3/7 cross in another direction. Will try this one, in 5m chart.
KAS Trading Journal