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steviet replied Mar 21, 2007Hi Ed, In most cases that's correct but occasionally I go in an opposite direction. An example of this would be where a price has retraced to an area of resistence. In some cases, I may decide to take an opposite position from what you may first ...
Steviet's Live Trades!
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steviet replied Mar 21, 2007Hey Ken! I wondered where you'd got to - hope all is well
Good of you to drop in my friend - you're always welcome here. Actually, my 11 year old is always beating me at chess - maybe he should trade for me
Kind Regards Steve
Steviet's Live Trades!
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steviet replied Mar 21, 2007Agreed, Musn't get too down or too excited - just place the trades and take what the market gives me
As I said in an earlier post, I'm reading 'New Market Wizards' which has really encouraged me. A lot of what is written, my system encompases ...Steviet's Live Trades!
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steviet replied Mar 21, 2007Well, we've had the kind of day I needed to lock in some pips with the promise of some more tomorrow all being well. All 5 trades carry over to the new day - it's nice not having to make a decision tonight
Current trades..... USDCHF short from ...Steviet's Live Trades!
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steviet replied Mar 21, 2007Hehe, This is where patience can pay off big time - ok, you also have to be a little lucky but if you're already in the market with s/l set then this will happen from time to time. Even my UJ long is holding up fairly well so far - my UCHF short ...
Steviet's Live Trades!
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steviet replied Mar 21, 2007Quick update.... Thanks to the US news my GU just went to over 300 pips in profit - therefore stop has been moved to plus 200. Fuller update later but as all but one of my positions is US bearish, current positions are currently up around the 650 ...
Steviet's Live Trades!
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steviet replied Mar 21, 2007Hi, I don't trade GJ but I would have been long from 228.49 with stop loss currently at 229.49 (giving me 100 guaranteed pips) using my method. Assuming prices stay as they are, my s/l would be moved up to 229.80 tonight giving a guaranteed 131 ...
Steviet's Live Trades!
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steviet replied Mar 21, 2007Exactly Howard, I think it's an improvement - my broker doesn't have a trailing stop facility but this 'stepped stop' approach should gain me a few extra pips here and there throughout the year. Kind Regards Steve
Steviet's Live Trades!
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steviet replied Mar 21, 2007Hi Jackie, Yes I have and also looked back on my live testing. It still keeps me in the trade as it's still giving me 100 pips minimum breathing space. Most times I'll put in on during the day when I'm not in just to protect me against any major ...
Steviet's Live Trades!
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steviet replied Mar 21, 2007Lunchtime Update
— OK, All 5 positions currently active...... USDCHF short from 1.2115 - currently minus 29 pips USDJPY long from 117.54 - currently plus 20 pips USDCAD short from 1.1770 - currently plus 156 pips GBPUSD long from 1.9365 - ...Steviet's Live Trades!
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steviet replied Mar 20, 2007Well. it's been a great day overall & just need another average to good one tomorrow to lock in some big pips. 4 trades still running..... USDJPY long from 117.54 (s/l 116.82 guarantees minus 72 pips) USDCAD short from 1.1770 (s/l 1.1770 guarantees ...
Steviet's Live Trades!
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steviet replied Mar 20, 2007Great trade bro
I got stopped out for a few pips going for this yesterday but back in from 1.1770 - nice little drop for us hehe
Kind Regards Steve
WaveTrade
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steviet replied Mar 20, 2007Hi, Yes, my stop loss is in effect my TP - that way if a trade runs and runs I catch most of the trend. Please bear in mind though that being a trend based system, the winners are around 30% which some people can't take. You get very frustrating ...
Steviet's Live Trades!
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steviet replied Mar 20, 2007No problem my friend, Yup, been long GU since last Thursday & finally it's broken out nicely. UJ is currently in profit but the only thing keeping it up is the fact that the yen is even weaker than the dollar at the moment lol. Have a great day Kind ...
Steviet's Live Trades!
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steviet replied Mar 20, 2007OK, USDCAD short from 1.1770 has just gone over 100 pips up so the stop loss has been moved to break even. The 4 open positions are currently up around 400 pips - hope I can lock a couple of hundred in over the next day or two. Kind Regards Steve ...
Steviet's Live Trades!
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steviet replied Mar 20, 2007Hey Kevin
Happy birthday for today mate
I wish I'd have found forex at your age - I'll be double your age this Christmas lol Kind Regards Steve 
kharvell's Trades
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steviet replied Mar 20, 2007Lunchtime Update
— Well, what a difference a day makes
GU long has finally come good and all trades well in profit... USDJPY long from 117.54 - currently +20 pips USDCAD short from 1.1770 - currently +74 pips GBPUSD long from 1.9365 - ...Steviet's Live Trades!
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steviet replied Mar 20, 2007Well, USDCHF stopped out overnight for plus 14 pips. My s/l was at 1.2158 & high so far is 1.2156 - looks like it may be going down again aarrgghh lol. Again, has been over 100 pips but a win is a win & the main thing is to keep the pips coming in. ...
Steviet's Live Trades!
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steviet replied Mar 19, 2007OK, 3 trades carry over...... USDCHF short from 1.2172 (s/l 1.2158 guarantees plus 14 pips) GBPUSD long from 1.9365 (s/l 1.9378 guarantees plus 13 pips) EURUSD long from 1.3223 (s/l 1.3269 guarantees plus 46 pips) New trades.... USDJPY long from ...
Steviet's Live Trades!