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    • steviet replied Oct 30, 2007

      Yup that's very true - first stop out would be at the high 241's. And yes, a big blow would be to have a few hit in a short period of time. I'll keep doing what I'm doing and see where we are at the end of Nov, Dec etc and then I'll have some real ...

      Steviet's Live Trades!
    • steviet replied Oct 30, 2007

      LOL I'd completely forgotten about this post - so, what's the target for November boss? Bear in mind I may let a couple of 1000 pip stop losses hit in November just to make things interesting : Kind Regards Steve

      Steviet's Live Trades!
    • steviet replied Oct 30, 2007

      GBPJPY short 237.10 closed 237.00 (+10) October pips +4090 Ac bal increase Oct +40.70% Consecutive profitable trades 395 Well as NY closes, the price has gone against my open positions today. I've still managed to grab 100 pips today from somewhere, ...

      Steviet's Live Trades!
    • steviet replied Oct 30, 2007

      You're asking some good questions here Mike.... OK, when I started (almost by accident really) this strategy I hadn't really thought it would lead to anything like this and I've been trying to make rules off the cuff as I go. Late September back in ...

      Steviet's Live Trades!
    • steviet replied Oct 30, 2007

      Hey there Iso, You know, you put so many smilies on your messages you don't leave any space for mine Yesterday & today missed the big jumps up and now it's in the 237's am wondering how safe it is to start placing longs from here. There's ...

      Steviet's Live Trades!
    • steviet replied Oct 30, 2007

      LOL Kris, Yup you may see me sweating if this thing gets above 242 before any retrace. Not been a great day but I'll try and pick up some more pips tonight once I get some food inside me. One other point to note - my lowest position is only just ...

      Steviet's Live Trades!
    • steviet replied Oct 30, 2007

      Good little start to the day with a couple of monthly milesones reached GBPJPY short 235.93 closed 235.63 (+30) GBPJPY short 235.85 closed 235.65 (+20) GBPJPY short 235.76 closed 235.66 (+10) October pips +4050 Increase in Ac Bal Oct +40.23% ...

      Steviet's Live Trades!
    • steviet replied Oct 30, 2007

      Hey Oz Yup, I've been drawn to this pair and almost exclusivley trade it as it suits my methods so well with it's volatility. I have heard of the book but never read it - that's very interesting what you say. I have been taking shorts these last ...

      Steviet's Live Trades!
    • steviet replied Oct 29, 2007

      Time for some shuteye - two last positions closed GBPJPY short from 236.47 close 236.37 (+10) GBPJPY short from 236.37 close 236.27 (+10) Oct pips +3990 Increase in ac bal Oct +39.52% Consecutive profitable trades 388 Night night sleep tight Kind ...

      Steviet's Live Trades!
    • steviet replied Oct 29, 2007

      Well, today's been a difficult day with price going against open trades. However, managed to pick up a few pips along the way. Latest closed trade... GBPJPY short 236.58 closed 236.48 (+10) October pips +3950 A/c Balance increase +39.04% Consecutive ...

      Steviet's Live Trades!
    • steviet replied Oct 29, 2007

      Thanks Ryan, Yup, most people think I'm mad but I always take that as a good sign because most people don't make money Seriously though, good luck with your trading Ryan - we all need a bit of that from time to time. Kind Regards Steve

      Steviet's Live Trades!
    • steviet replied Oct 29, 2007

      Hi Ryan, Yes, stop loss is 1000 pips per trade. Haven't had one hit yet but I'm under no illusion and know that stop losses will get hit at some point. Over the last 6 weeks I've averaged 197 pips per trading day in closed trades and I would back ...

      Steviet's Live Trades!