10.4/10.5 trades only

[cmeade2]

Hey Jem

Short GbpUsd at the WP?

cmeade2

[nicoacademia]

quick note. 30M CSS working like a charm. kept me in GBPJPY short(still short targetting WS1)
and EURCAD long (already hit target!)

[spillini]

GBP/NZD very promissing.

[mpetersrx7]

I am in GPB/NZD and still long in EUR/AUD.

USD/CAD and USD/CHF are also starting to setup nicely. E/U is looking at possibility for a short.

[spillini]

U/Cad is still coming back. I expect it to come back to 1.0335 at least before turning back up. 1.0335 is 61.8% fib level of the 4hr move from 5/23 to 5/29. Getting in at 1.0335 is a better bargain. Possibly all the way back to 1.029

I am in GPB/NZD and still long in EUR/AUD.

USD/CAD and USD/CHF are also starting to setup nicely. E/U is looking at possibility for a short.

[kwanann]

Going to bed with the following trades active as well as trades stacked in the appropriate direction. TP at every level on the H1 chart

Buy
- AUDJPY
- AUDUSD (CT, based on Low point)
- CADJPY
- EURUSD (CT, based on CJ)
- GBPJPY
- GBPUSD (CT, based on CJ)

Sell
- USDCHF

No SL, only TP

Well that was nice, woke up with some tidy profits, but the dd was at 5k pips at some point, due primarily to the fact that I was doing CT trading. If I were to use 10.5 it would perhaps add another 4k+ pips to my bank account.

Think I might do this as an exercise, combining both methods and see where it leads me, worse case scenario I just need to unravel a hedged position

[Jemook]

Nice one kwanann. Here's my open trades from yesterday:

2013-05-30_0915.png

Yesterdays closed trades:

2013-05-30_0916.png

If I shut now I'd profit a total of +$2600. The important thing here is to look at the trades that I shut which I didn't feel comfortable about.. Keep losses small and let the good trades run.

The DD has been insignificant on these trades. My account is $50,000 .. If my biggest loss yesterday was ~$100 then DD was about .2% and my profit @ $2800 on a 50k account is around 6%. In one day. That is seriously amazing.

J

[kwanann]

Jeremy, what is the SL that you use? the nearest pivot or the 240 line?

Since i trade both NB and CJ techniques, and the sheer volume of NB trades makes it rather messy. will be putting comments in my trades to mark them out for easier reference

Some of my trades do have TS entered, these are generally trades that might go the other way so i rather lock in some profits

[Jemook]

These screenshots will give you a better idea. If I'm really comfortable with the setup I'll put the SL tighter to get a better R:R .. Otherwise SL at a previous high that I hope won't get hit and then I close any trade that makes me uncomfortable and try again later.

NZDJPY.png

AUDJPY.png

AUDCHF.png

NZDCHF.png

[nicoacademia]

found the 30M CSS a great "HEY LOOK HERE" tool.

so here's another 10.4 trade.

AUDUSD.

130530 au.png