Chart — OK, here is the chart I use on EU daily for my entries - sorry about the quality but I've forgotten how to crop an image in paint so it's as good as it's going to get. (Edit, actually looks OK if you click on it ) The white line is ...

Steviet's Live Trades!

Ouch, shocking start to July but a long way to go yet - must remember I've had a pretty good run for the best part of 7 months & there are always bumps in the road. Yup, that's me from a few weeks ago

Steviet's Live Trades!

See you again here at the end of the month Sam - have a good one

Steviet's Live Trades!

Well done Jay - great month!! Kind Regards Steve

J's Journal

No worries Jay How are things with you my friend?

Steviet's Live Trades!

June slightly positive — OK, the two positions on the main method were closed at 1.22346 & 1.22321, equating to a 2.846% gain in June. New positions were immediately opened at 1.22291 with additional limit orders on at 1.25000 & 1.24621. Let's ...

Steviet's Live Trades!

I use an initial stop loss of 50 pips on the add-ons, which equates to 1%. On the main method each position size equates to 1% for each 50 pips - stop loss is not used but position is closed on daily close the other side of the ma. That's my choice ...

Steviet's Live Trades!

Yes you're right Josh, the whipsaw around the ma's can be a pain but you just have to keep the faith that a trend will once again develop.

Steviet's Live Trades!

Hi Josh, Not at all - in fact just had a pm from another member asking for clarification so I'll try and do that here. Effectively I have 2 methods employed on the daily, the first of which is always in the market. The second, add-on method is ...

Steviet's Live Trades!

Hi again generalz! - good to see you here again OK, the daily 50sma/ema method has produced the following results since December '09. Please note that I haven't employed the extra 'add-on' method which would have more than quadrupled the results. ...

Steviet's Live Trades!

Hi Jay, Yes you're right - no Sunday candle is used although I'm surprised there is a difference as much as 28 pips between different brokers. I guess its the difference in time for daily close on different brokers but even so, that is quite high, ...

Steviet's Live Trades!

Hi Jay, Hmm thats weird, my sma was at 1.26398 & ema at 1.25865 at the end of 21st June candle. Steve

Steviet's Live Trades!

Thanks Pira - you got it

Steviet's Live Trades!

Hey Jay, Firstly congrats on your 500th post to the factory OK, yes 1.1870 area is the new base for now and as I write the 2 positions from 1.2304 are sitting fairly pretty. It may hold or it could be temporary with 1.16 area the next stop. I'm ...

Steviet's Live Trades!

Hey Jay, Firstly welcome back!!!! Yes, I use an Alpari UK demo just to get what I consider the 'correct' daily ma's. For actual trading I use ODL - they have a Sunday bar but thats OK as I take my levls from the Alpari demo. Bit busy at the mo but ...

J's Journal

These can go on for months - until they are stopped out basically.

Steviet's Live Trades!

Hey Jay, Great to see you back!!! I'm just ironing kids shirts at the mo lol but will be around a little later with a bit of luck Steve

Steviet's Live Trades!

OK, yes the add-ons really make it - for example, leading into 2004 you'd still have a position from Nov 2003 at around 1.1533 area that wouldn't be closed until 20th Feb 2004 at 1.2530 area. That position alone would be 1000 pips. Often when a ...

Steviet's Live Trades!

To 1999.... How did you do your backtest? With both 50sma & ema allowing multiple positions with add-ons on a broker without Sunday bars? I'll re-test this time period manually over the next week as time allows. Cheers Steve

Steviet's Live Trades!

Cheers Clash, Gotta milk it when it's going your way as there are also more testing times

Steviet's Live Trades!