Hey! Good to see you pop in and say hello Yup, in again for June with a couple of positions from 1.2304

Steviet's Live Trades!

Hi again P, OK, so my main method I'm always in the market (apart from closing at the end of the month). For example, Mays two trades were opened on the 2nd May at 1.3327 ish and closed at the daily candle close on 31st at 1.2309. I immediately ...

Steviet's Live Trades!

Hi Pirabuji, Let's go through your questions and see if we can clarify a few things.... Before I do I need to give credit to a guy called luca (see a few pages back), who inadvertantly got me thinking on how to refine the method - I'll come onto ...

Steviet's Live Trades!

LOL SC! Mrs T is certainly a little happier now hehe (although she still can't see why I didn't close at +46% a few days earlier!) She's difficult to please thats for sure! Anyway, it was a good feeling to take home my normal monthly wage in May and ...

Steviet's Live Trades!

Thanks for the kind words. You should start up a journal & keep it up - you'll learn a great deal about yourself over the years. I started my journal when I was very new to trading (I think it shows with the amusing reponses gave to some posts lol) ...

Steviet's Live Trades!

Looks like you've had a pretty good day my friend

Karmostaji's Journal

Thanks! It's not often you get to ride a 1000+ pip move in a month on EURUSD so I had to make the most of it! Kind Regards Steve

Steviet's Live Trades!

Cheers Mike As you've probably seen, I've been short since the high 1.48's from early December and, apart from a sticky April where I thought we'd reversed a few days at the 1.36 area, it's been a nice ride down. Hope you're keeping well & ...

Steviet's Live Trades!

It's payday in May — OK, so the 2 positions opened on 2nd May at 1.33273 & 1.33279 were closed a few minutes ago at 1.23097 for a nice profit of 40.716% for May Let's see what June brings...... Kind Regards Steve

Steviet's Live Trades!

Good to see you back boss Speak soon Steve

Karmostaji's Journal

Hey Mikey Not too bad so far - short from 1.3327 twice & holding on until I either bank at the end of the month or I feel reversal has set in. Currently up 31% (unrealised) this month so yes, holding on tight (despite the wife screaming to bank ...

Steviet's Live Trades!

Hey there Karmo It certainly has been a while since we spoke last! Things are well with me & the folks are all fine thanks Been very stressful at work - hair getting whiter by the day but trading has been surprsingly stress free. Just started ...

Steviet's Live Trades!

Hey Aaron Good to see you pop in & check in on the old git (thats me that is haha). May has started OK with short taken from 1.3327 - long way to go of course but would love to see 1.3000 taken out this month. As you know I'll stay with the trend ...

Steviet's Live Trades!

April — Pretty poor month to be honest with a 7.796% loss - first losing month on the daily in the last six months so it had to happen sometime I guess. The big gap up mid month didn't help but no worries - the market is always full of ...

Steviet's Live Trades!

Hi Luca, Yes I see we are yet to pierce the 50ema - no harm using that as your guide. On this down move you could have added on around 1.4580 area using the ema. I've backtested this for years and you could use either although overall I prefer the ...

Steviet's Live Trades!

It did — On my feed it closed at 1.3617 last night with daily 50sma at 1.3578 so I closed shorts and became a bull last night from 1.3617. Also set an add-on limit order at 1.3588 - unfortunately only pulled back to 1.3594 today so just one ...

Steviet's Live Trades!

No problem - yes I only trade this on EU as it seems to respect the daily sma better than any other. I believe around 30-35% of all forex transactions are on EU which means it is less erratic and smoother daily moves than other pairs.

Steviet's Live Trades!

I'm pretty aggresive on this and it's not a method for the feint hearted.... On the main position there is no stop loss - the only time I would exit is a daily close above the 50sma & then I'd become a bull on EU until a new daily close below the ...

Steviet's Live Trades!

Hi Luca, The daily method basically revolves around the 50sma. I use Alpari for charting as this does not include a Sunday bar which skews the ma's. As you can see I've been short on EU since 7th December 2009 and will be until we get a daily close ...

Steviet's Live Trades!

Yup, see you at the end of April Sam

Steviet's Live Trades!