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steviet replied Mar 14, 2007Hi Dave, It's never cut and dried - I haven't necessarily gone long after a bullish daily bar or short after a bearish one. I have been looking at trendlines and support/resistence as well both during backtesting and live but over these last few ...
Steviet's Live Trades!
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steviet replied Mar 14, 2007OK, EU stopped out for minus 36 pips. This little experiment on support & resistence hasn't worked out this time but at least it limits losses. Pip gain down to under 500 this month. If I'd just carried on as I had, I'd be well over the 600 pip mark ...
Steviet's Live Trades!
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steviet replied Mar 14, 2007Hi Xerof, I see you went the way I should've gone on UCHF & EU yesterday. It's good to see you can trade my system better than me
Kind Regards Steve
Steviet's Live Trades!
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steviet replied Mar 14, 2007Thanks Iso, Always look forward to your 7am comment
Yep, probably made a couple of wrong calls these last few days but don't we all lol. At least the calls had pretty tight stop losses so no harm done really. Anyhow, my win % this month was way ...Steviet's Live Trades!
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steviet replied Mar 14, 2007OK, Overnight GU stopped out for minus 64 pips & UCHF stopped out for minus 24 pips. Still up over 500 pips this month (+6.79% increase in acc bal) but having a not so great week so far.. Kind Regards Steve

Steviet's Live Trades!
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steviet replied Mar 13, 2007Thanks for the post Kevin
, I think it's in all of us to try and improve what we do, even when we are moderately successful. The danger of course is that we actually lessen a system's performance by trying to be too clever - I've been guilty of ...Steviet's Live Trades!
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steviet replied Mar 13, 2007Actually, it was just a bad few trades & I'm sure we all make them lol. If I step back and look at the figures (including bad trades), I'm still up 1650 pips since November and 591 pips up this month. I only need to make at most 5 decisions a night ...
Steviet's Live Trades!
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steviet replied Mar 13, 2007Thanks for the kind words Xerof - I'm tired - it may have come through in my post lol Kind Regards Steve
Steviet's Live Trades!
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steviet replied Mar 13, 2007OK, just got in from work (late one) to find EU & UCAD stopped out for minus 22 pips & 25 pips. This just leaves GU to tighten stop loss.... GBPUSD long from 1.9326 (s/l 1.9262 guarantees minus 64 pips) I've put 4 new trades on..... EURUSD short ...
Steviet's Live Trades!
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steviet replied Mar 13, 2007OK, lunchtime update.... USDJPY stopped out for minus 7 pips. Another trade that was up over 100 pips at one stage but hey ho. UJ is still my best performing pair this month with plus 323 pips so far. USDCHF stopped out for minus 22 pips also. ...
Steviet's Live Trades!
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steviet replied Mar 13, 2007Hi, EU faces tough reistence around 1.3200 - if I'm uneasy about a pair's direction and ability to break through, I have started to be more cautious and take the direction with a lower risk. At present, EU is plus 20 pips but only time will tell if ...
Steviet's Live Trades!
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steviet replied Mar 12, 2007OK, back again - yes I think that's what I do lol So, say I had $5000 in my account (I wish)... Putting on 5 new trades using 2% equity on each at 1:100 leverage. Each trade would be 10,000 units or 0.1 lot. For my /USD pairs that would equate to $1 ...
Steviet's Live Trades!
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steviet replied Mar 12, 2007OK, 2 trades still on & stop losses tightened. Been a little disappointing today as most of Friday's gains were wiped out - no matter, it happens..... USDCAD short from 1.1723 (s/l 1.1748 guarantees minus 25 pips) USDJPY long from 117.18 (s/l 117.11 ...
Steviet's Live Trades!
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steviet replied Mar 12, 2007Haha, I think you've caught up and gone steaming past lol - also to be taken into account is the sort of numbers you trade. I'm way behind but I'm learning and I'll get there because I'm stubborn lol. Cheers bro Steve
Hey, just noticed you've ...Steviet's Live Trades!
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steviet replied Mar 12, 2007Hi, I see what you're doing - hasn't happened to me but I calculate my % risk differently. When I say 2%, I use 2% of my account balance for my pip size. This means that if my initial stop loss is under 100 pips, then so is my initial risk. See post ...
Steviet's Live Trades!
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steviet replied Mar 12, 2007Hi, Yes, I'm dedicated if nothing else
OK, pip totals so far read... Nov +476 pips Dec +856 pips Jan +636 pips Feb -909 pips Mar +667 pips Cumulative since start currently stands at +1726 pips
I also calculate the increase/decrease in account ...Steviet's Live Trades!
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steviet replied Mar 12, 2007Yeah, Trouble is with my system it does leave many pips on the table but the way I have to trade that's just how it is. The USDCHF trade was up as much as 170 pips but I have to look at it as 70 pips gained rather than 100 lost. As long as the ...
Steviet's Live Trades!
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steviet replied Mar 12, 2007OK, USDCHF was stopped out a couple of hours ago for plus 70 pips. UJ has recovered slightly and is currently up 43 pips & USDCAD short is currently plus 28 pips. Am off out tonight and won't get back until a few minutes before the daily bar is due ...
Steviet's Live Trades!
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steviet replied Mar 12, 2007No problem, I'm not sure I was any help at all lol
Steviet's Live Trades!
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steviet replied Mar 12, 2007No, my USDCHF position is still open currently up 94 pips with 70 of those locked in. The market is all over the place at the moment - my UJ was 110 pips up when I left for work, dipped to 117.35 & now back up to 117.65 in a matter of minutes! I'll ...
Steviet's Live Trades!