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steviet replied Mar 29, 2007OK, had a hot bath and feel much more relaxed now about life, the universe & everything
Two existing trades...... GBPUSD short from 1.9692 (s/l 1.9668 guarantees plus 24 pips) NZDUSD short from 0.7171 (s/l 0.7172 guarantees minus 1 pip) New ...Steviet's Live Trades!
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steviet replied Mar 29, 2007Not really sad my friend - forex always bites you just when you think things are going well lol. Yes, I'm still well up over the time I've traded live - these last couple of months have been difficult and I'm having trouble getting my equity back to ...
Steviet's Live Trades!
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steviet replied Mar 29, 2007Haha - OK
Stupid forex - whatever made me get involved in this
Only joking, I think I'll survive - had worse days. Steviet's Live Trades!
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steviet replied Mar 29, 2007Hi Tiki, Thanks for posting the chart - as you know, I don't trade with indicators and it's easy to look back & say 'I should've done this or that' lol. The trouble with overbought, oversold indicators that I find are that they can't be trusted. For ...
Steviet's Live Trades!
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steviet replied Mar 29, 2007Yup, Although I was at one point over 280 pips up, I'll take 100 as it looks like my UJ short will reverse that. Been an extremely frustrating day -all yesterdays non-closed gains have been virtually erased but as you keep telling me bro - BIG ...
Steviet's Live Trades!
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steviet replied Mar 29, 2007AUDUSD short stopped out for minus 20 pips. Was well in profit here until it reversed but there we go lol. March pips: +289 Cumulative: +1348
Steviet's Live Trades!
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steviet replied Mar 29, 2007Hmmm, GBPJPY short closed out for a 100 pip profit - will have to get used to these violent swings but 100 pips is better than nothing
AUDUSD & NZDUSD have reversed on me too so will have to see but at least we have pretty tight s/l on them. UJ ...Steviet's Live Trades!
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steviet replied Mar 29, 2007Hehe, They were - things have reversed dramatically overnight but at least we've locked in 100 pips on GJ - looks like that's all I'll be getting from this trade. Kind regards Steve
Steviet's Live Trades!
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steviet replied Mar 28, 2007OK, well it's not been a bad start for my 3 new trades. Current positions are.... GBPJPY short from 231.60 (s/l 230.60 guarantees plus 100 pips) NZDUSD short from 0.7171 (s/l 0.7189 guarantees minus 18 pips) AUDUSD short from 0.8081 (s/l 0.8101 ...
Steviet's Live Trades!
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steviet replied Mar 28, 2007Hi again, Hope you are well - I'm always looking at the GU threads and see you're a regular contributor
I know most find it boring but money management is one (if not the) most important aspect of any system in my humble opinion. Anyhow, ...Steviet's Live Trades!
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steviet replied Mar 28, 2007Yup, It actually got to +280 pips earlier but just over 200 at the moment
Steviet's Live Trades!
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steviet replied Mar 28, 2007OK, Just got in from work to find GJ has been in excess of 200 pips up today so have moved the stop loss to +100 pips
Stop losses on the other 3 trades will be tightened tonight as they are all currently in the money. GJ sure is a mad pair - has ...Steviet's Live Trades!
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steviet replied Mar 28, 2007Hey Xerof
Thanks for this - I've been reading your blog with interest and your results so far seem to be better than mine hehe. I like the way you have explored different pairs and this was one of the reasons I've been seriously been looking at ...Steviet's Live Trades!
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steviet replied Mar 28, 2007Hi IS, As always, great post & plenty to think about. I think you hit the nail on the head with your comment about volatility - as long as I can cope with the odd bigger loss, GJ gives my system enough room to be able to pick up pips in the ranging ...
Steviet's Live Trades!
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steviet replied Mar 28, 2007Hi Anthony, Thanks for that - I'm not so sure EU, UCHF & UCAD performed that badly over the 5 months, rather me that made errors here & there trading them. I seem to be able to trade GU & UJ almost without thinking too much which is where I want to ...
Steviet's Live Trades!
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steviet replied Mar 28, 2007Firstly, thanks so much everyone for all your comments. There's some really good stuff in there and lots worth thinking about. I'll try and revisit the individual posts later. Well, what an interesting start to the new pairs. Firstly, UJ was stopped ...
Steviet's Live Trades!
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steviet replied Mar 27, 2007Hi Jackie, I've backtested most of the common pairs and all seem to come out positive in the end. What I did notice however was a pattern emerging & maybe the simple fact was that I traded certain pairs better live than others. I seem to be able to ...
Steviet's Live Trades!
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steviet replied Mar 27, 2007LOL, Great advice as always (not a lecture) - as I was reading it & putting on my new trades, my computer froze - must have been the shock
Still got 4 dollar pairs but I'm hoping the mix I have now is more condusive to my trading. I'm taking a ...Steviet's Live Trades!
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steviet replied Mar 27, 2007Well, Thanks for all your comments
For now I've decided to ditch the 3 pairs that I haven't had success with so far. These will be replaced by AUDUSD, NZDUSD & GBPJPY. All will be traded along with UJ & GU from the start of the new daily ...Steviet's Live Trades!
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steviet replied Mar 27, 2007Sorry Ken - me again
Interestingly enough, both AUD/USD & NZD/USD would have been great trades during Feb where other pairs in my portfolio were having a choppy time. Currently I trade 5 dollar pairs so maybe reducing it to 4 & adding GBPJPY may ...Steviet's Live Trades!