NEW TRADE - SHORT USDCHF @1.1270 IF SEEN SL 1.1450
watch list includes cadchf for a possible short somewhere below 0.92 that will be a nice one if it kicks off with a reasonable risk. Not today tho
Stay Lucky
Wednesday, January 28, 2009
Tuesday, January 27, 2009
closes
GBPUSD CLOSED ON STOP -146
EURGBP CLOSED ON STOP +190
Results so far - January 2009 +1472 on closed trades
Only eurcad still going - no trades for a bit, market is skittish. Fancied gbpcad earlier today but anti trend so no go.
Catch you in a day or so.
EURGBP CLOSED ON STOP +190
Results so far - January 2009 +1472 on closed trades
Only eurcad still going - no trades for a bit, market is skittish. Fancied gbpcad earlier today but anti trend so no go.
Catch you in a day or so.
Monday, January 26, 2009
Ok, some blowouts then.
USDCHF CLOSED ON STOP FOR + 549
GBPCHF CLOSED ON STOP FOR +70 (SHAME)
Other two still running and no change to stops
Results so far - January 2009 +1428 on closed trades
not a bad month eh?
NEW TRADE - LOW RISK SHORT GBPUSD 1.3984 SL 1.4130
fyi the usdcad trade i mentioned a few days ago came off but the risk was too high so didnt take it.
That's it for now i think.
Stay Lucky
PS, out of interest, would anyone be interested in a training course live online? just that a friend of mine has suggested it and he's willing to organise it. Cost would be around $2k per head and would be intensive and a long course over say six weeks twice a day at market times.
Not saying i'll do it yet, just sniffing the ground to see if there is any interest or if i'll get slated for it as used to happen. he seems to think not but i still think the vast majority are tossers. sorry like, just my experience with wannabe traders.
USDCHF CLOSED ON STOP FOR + 549
GBPCHF CLOSED ON STOP FOR +70 (SHAME)
Other two still running and no change to stops
Results so far - January 2009 +1428 on closed trades
not a bad month eh?
NEW TRADE - LOW RISK SHORT GBPUSD 1.3984 SL 1.4130
fyi the usdcad trade i mentioned a few days ago came off but the risk was too high so didnt take it.
That's it for now i think.
Stay Lucky
PS, out of interest, would anyone be interested in a training course live online? just that a friend of mine has suggested it and he's willing to organise it. Cost would be around $2k per head and would be intensive and a long course over say six weeks twice a day at market times.
Not saying i'll do it yet, just sniffing the ground to see if there is any interest or if i'll get slated for it as used to happen. he seems to think not but i still think the vast majority are tossers. sorry like, just my experience with wannabe traders.
Sunday, January 25, 2009
New Week
Nice to see trades going the right way from the off.
some stop moves:
GBPCHF STOP MOVE TO 1.6070
EURGBP STOP MOVE TO 0.9290
EURCAD STOP MOVE TO 1.6330
USDCHF STOP MOVE TO 1.1470
Starting to tighten up on usdchf, getting near a possible retrace. anyone noticed that this is now in excess of 7:1 on RR?
more in the AM, catch you then
Stay Lucky
some stop moves:
GBPCHF STOP MOVE TO 1.6070
EURGBP STOP MOVE TO 0.9290
EURCAD STOP MOVE TO 1.6330
USDCHF STOP MOVE TO 1.1470
Starting to tighten up on usdchf, getting near a possible retrace. anyone noticed that this is now in excess of 7:1 on RR?
more in the AM, catch you then
Stay Lucky
Thursday, January 22, 2009
Wednesday, January 21, 2009
Tuesday, January 20, 2009
questions ...
20 Jan 09, 08:19
Steve: Hey Soul, How did you decide to short GBPCHF at 6140 - its probly a trade secret but I'm curious why you didn't short it when it was at 67??No secret Steve - I always give a trade plenty of room to make sure it's broken a level. The fools would have shorted at 67 - in this case it would have been a good area and they feel smug, but that's just one out of say seven wheras the other six would have bounced and gone back into the range. A test of a level will mostly be at least 20 pips deep because of the orders sat there
I normally go for the 70 below the nearest figure or the 30 when going long. 20 to 50 pips is neither here nor there on the trades i take
20 Jan 09, 09:16
3 mil in the account??Mornin Al,
Ive traded 17mio on account before now Al. i've lost more than $120,000 on a single trade and made more than double that on a single trade before now too. Figures like 30k risk are small potatoes in this game.
However, please note that when i quote a figure for a standard lot, they are standard interbank lots (1 lot = 1mio). A retail trader's standard lot ($100,000) on eurgbp would have been $14 per pip and a mini account (10,000) just $1.40. Then you can even open a micro account and have 14 cents a lot lol, tho why you would even bother is beyond me.
I always quote per Mio, that doesnt mean i take a full lot every time as most of the client accounts I trade are mini accounts. Sometimes I take more than a mio and sometimes less.
Tell you what tho Al, you don't half lose your respect for money in this profession.
As for the full size of the accounts I trade, i'll keep that to myself i think :)
Now then TRADE NEWS
GBPUSD chancer entered and died - 50 pips at 2X stake = -100
EURAUD just died -200
USDCHF STOP MOVE TO 1.1270
EURGBP kicked in off the entry as did GBPCHF
Results so far - January 2009 +809 on closed trades
Monday, January 19, 2009
GBPCHF market order re-instated 1.6140 short if seen sl 500 pips
Kinda tempted by audusd for a short but not tonight - was looking to place an order at 6480 ish but think i'll hold off - whole market looks shaky and uncertain.
i do fancy this next one though - but be careful with position size as it's $144 per pip for each mio as opposed to $100 which is usual. risk is 200 pips - reward around 700 at a guess
NEW TRADE - LONG EURGBP @ 0.9140 IF SEEN SL 200 PIPS
There is a really low risk cable long at this level so i'm going to go for one but with a market order and a double stake. this might not even get hit but worth a risk if it does.
NEW TRADE LONG GBPUSD 1.4320 IF SEEN - SL 1.4270
only a 50 pip risk (at 2X usual stake) for a possible rejection bounce back up to 1.49 area - risk reward on this is about 12:1
Thats enough new risk for tonight, no other changes to stops
Kinda tempted by audusd for a short but not tonight - was looking to place an order at 6480 ish but think i'll hold off - whole market looks shaky and uncertain.
i do fancy this next one though - but be careful with position size as it's $144 per pip for each mio as opposed to $100 which is usual. risk is 200 pips - reward around 700 at a guess
NEW TRADE - LONG EURGBP @ 0.9140 IF SEEN SL 200 PIPS
There is a really low risk cable long at this level so i'm going to go for one but with a market order and a double stake. this might not even get hit but worth a risk if it does.
NEW TRADE LONG GBPUSD 1.4320 IF SEEN - SL 1.4270
only a 50 pip risk (at 2X usual stake) for a possible rejection bounce back up to 1.49 area - risk reward on this is about 12:1
Thats enough new risk for tonight, no other changes to stops
Sunday, January 18, 2009
Sunday Night - Market Open
CANX ENTRY ORDER ON GBPCHF
EURUSD STOPPED OUT + 343
Results so far - January 2009 +1109 on closed trades
Think that will do for tonight. see what tomorrow brings with Brown and his wonderful bank bail out. F*&^in tosser!
EURUSD STOPPED OUT + 343
Results so far - January 2009 +1109 on closed trades
Think that will do for tonight. see what tomorrow brings with Brown and his wonderful bank bail out. F*&^in tosser!
Friday, January 16, 2009
Thursday, January 15, 2009
Wednesday, January 14, 2009
Closes
Ok, decided upon having a look at the yen pairs to close a couple to lock in some money. Across the board the yen seems to be having a little turn so we could be in for some up and down ranging for a few days or even a couple of weeks.
Then again they could just bollock down and smash throught the floor! what do i know???
so, been in a few good runs so time to take some of that honey.
CLOSE CHFJPY @ 80.61 FOR +304
CLOSE eurjpy @ 119.57 FOR + 528
Results so far - January 2009 +766 on closed trades
so, the question is why did i close em when i'm a 'stick with em till the death' trader. and the answer is this.certain pairs under normal circumstances move a certain way at a certain rate. I considered that this rate was a bit over the top of late on the yens and that a hard retrace could be due.
Add to that the fact i was in 4 positions rather than the usual two or three and I think it was right to take some of that money on the table and release some risk hence almost reaching my target of 1000+ for the month.
The other two are moving more as one would expect so i'm happy to leave them running to see if they continue.
Stay Lucky.
Then again they could just bollock down and smash throught the floor! what do i know???
so, been in a few good runs so time to take some of that honey.
CLOSE CHFJPY @ 80.61 FOR +304
CLOSE eurjpy @ 119.57 FOR + 528
Results so far - January 2009 +766 on closed trades
so, the question is why did i close em when i'm a 'stick with em till the death' trader. and the answer is this.certain pairs under normal circumstances move a certain way at a certain rate. I considered that this rate was a bit over the top of late on the yens and that a hard retrace could be due.
Add to that the fact i was in 4 positions rather than the usual two or three and I think it was right to take some of that money on the table and release some risk hence almost reaching my target of 1000+ for the month.
The other two are moving more as one would expect so i'm happy to leave them running to see if they continue.
Stay Lucky.
Monday, January 12, 2009
stop moves
ok, some changes, lets get a bit locked in here.
STOP MOVE EURUSD TO 1.3530
STOP MOVE CHFJPY TO 82.30
STOP MOVE EURJPY TO 122.30
STOP MOVE USDCHF TO 1.1070
That's it for now, nothing new on the horizon i wish to risk.
also all trades have a 500 pip trailing stop if they get that far.
Stay lucky
STOP MOVE EURUSD TO 1.3530
STOP MOVE CHFJPY TO 82.30
STOP MOVE EURJPY TO 122.30
STOP MOVE USDCHF TO 1.1070
That's it for now, nothing new on the horizon i wish to risk.
also all trades have a 500 pip trailing stop if they get that far.
Stay lucky
well, looks like lady luck decided to smile on me.
Almost 1500 pips up now on four positions - let em roll
STOP MOVE EURJPY 125.40 PLUS 500 PIP TRAILER
STOP MOVE CHFJPY TO BREAK EVEN 83.65 PLUS 500 PIP TS
no change to eurusd or usdchf
It gets very tempting to take profit and call it a day when you have your monthly target in one set of trades. But then i wouldnt be a trader would i :)
That's it, let's see where these baby's go
Stay Lucky
Almost 1500 pips up now on four positions - let em roll
STOP MOVE EURJPY 125.40 PLUS 500 PIP TRAILER
STOP MOVE CHFJPY TO BREAK EVEN 83.65 PLUS 500 PIP TS
no change to eurusd or usdchf
It gets very tempting to take profit and call it a day when you have your monthly target in one set of trades. But then i wouldnt be a trader would i :)
That's it, let's see where these baby's go
Stay Lucky
Friday, January 09, 2009
Thursday, January 08, 2009
can you tell how bored I am being at home sick?
Ive just counted the trades and win / loss ratio of all calls made since Oct 23rd when i re-activated the blog
Total Trades = 27
Wins = 15
Losses = 12
win / loss % stands at 55% positive for 3865 pips
that means each trade was worth 143 pips whether it won or lost!
Ive just counted the trades and win / loss ratio of all calls made since Oct 23rd when i re-activated the blog
Total Trades = 27
Wins = 15
Losses = 12
win / loss % stands at 55% positive for 3865 pips
that means each trade was worth 143 pips whether it won or lost!
EURUSD stopped out for zero pips.
never mind, market is a bit scratchy at the mo.
Looking at cable and wondering if we are going to see a retrace back to 1.7000 levels. we are still on a lower low though so at the mo i'm still only interested in cable shorts.
still got the two yens running anyway. Shgame about the cad from yesterday cos it's looking like it wants to play ball now - stop was too tight there.
I'm sat at home for the last few days - been poorley with the flu and a huge boil on my back! antibiotics are kicking in now though and hope to be better soon.
Stay Lucky.
never mind, market is a bit scratchy at the mo.
Looking at cable and wondering if we are going to see a retrace back to 1.7000 levels. we are still on a lower low though so at the mo i'm still only interested in cable shorts.
still got the two yens running anyway. Shgame about the cad from yesterday cos it's looking like it wants to play ball now - stop was too tight there.
I'm sat at home for the last few days - been poorley with the flu and a huge boil on my back! antibiotics are kicking in now though and hope to be better soon.
Stay Lucky.
ok, shoulda resisted :)
not really, was a good rr chancer.
USDCAD CLOSED ON STOP -66
AUDUSD CLOSED ON STOP +100
January 2009 = -66 Pips on closed trades
EURJPY has now executed so i have three trades open .
STOP MOVED EURUSD TO BREAK EVEN 1.3779 AND 500 PIP TRAILING STOP INITIATED
Thats it for now - not looking for other trades at the mo as got enough running.
Stay Lucky
not really, was a good rr chancer.
USDCAD CLOSED ON STOP -66
AUDUSD CLOSED ON STOP +100
January 2009 = -66 Pips on closed trades
EURJPY has now executed so i have three trades open .
STOP MOVED EURUSD TO BREAK EVEN 1.3779 AND 500 PIP TRAILING STOP INITIATED
Thats it for now - not looking for other trades at the mo as got enough running.
Stay Lucky
Wednesday, January 07, 2009
stop move and info
hiya,
chfjpy kicked in yesterday, not looking too good yet.
eurusd having a big fight back now but let me ask the question - this was almost 500 pips up - and ive let it go back to less than 50 up - could you stomach that? if not then i can honestly say that you should stop reading my blog - im a long term trader - i shoot for 1000+ on trades and im happy if i just get one or two a month. The pullbacks are the price you have to pay to bag the big ones. EURUSD could still lose beleive it or not as there is not yet a smart place to move the stop to. Remember, a candle isnt formed until the end of the day on the daily charts.
Anyway.
STOP MOVE AUDUSD - SL MOVED TO 0.7026 LOCKING IN 100 PIPS
Can you see why i chose that area? - clear support from yesterday means there is a smart area for the stop.
Starting to think i may cancel the EURJPY order but not yet.
also note, i will most likely move the EURUSD stop to 10 pips or so above todays high - wont do it till i see the state of the candle at EOD though.
Stay Lucky.
chfjpy kicked in yesterday, not looking too good yet.
eurusd having a big fight back now but let me ask the question - this was almost 500 pips up - and ive let it go back to less than 50 up - could you stomach that? if not then i can honestly say that you should stop reading my blog - im a long term trader - i shoot for 1000+ on trades and im happy if i just get one or two a month. The pullbacks are the price you have to pay to bag the big ones. EURUSD could still lose beleive it or not as there is not yet a smart place to move the stop to. Remember, a candle isnt formed until the end of the day on the daily charts.
Anyway.
STOP MOVE AUDUSD - SL MOVED TO 0.7026 LOCKING IN 100 PIPS
Can you see why i chose that area? - clear support from yesterday means there is a smart area for the stop.
Starting to think i may cancel the EURJPY order but not yet.
also note, i will most likely move the EURUSD stop to 10 pips or so above todays high - wont do it till i see the state of the candle at EOD though.
Stay Lucky.
Monday, January 05, 2009
new trade
EURUSD doing ok at +155 as we speak, hoping for over 700 on this one but then time will tell. AUDUSD now over +200 so another nice one running AUDUSD STOP MOVED TO BREAK EVEN 0.6926, Nothing special though because half position.
NEW TRADE EURJPY SHORT @ 124.85 IF SEEN, INITIAL 400 PIP STOP
NEW TRADE CHFJPY SHORT @ 83.65 IF SEEN SL 86.30
Couple of hopefuls there.
For Karolis and everyone else interested in managed account Min investment is 50k USD, all funds to be held at MIG investments in switzerland in your own name. No Guarantees but low leverage and risk. expectations 2-10% per month max drawdown 30% before plug gets pulled. If interested leave me a message and i'll be in touch about the fees / legals etc.
Sorry to be so brutal but many think that $50k is a lot of money, if you do then this isnt for you and i'd just as soon save both me and you the time :)
stay lucky.
NEW TRADE EURJPY SHORT @ 124.85 IF SEEN, INITIAL 400 PIP STOP
NEW TRADE CHFJPY SHORT @ 83.65 IF SEEN SL 86.30
Couple of hopefuls there.
For Karolis and everyone else interested in managed account Min investment is 50k USD, all funds to be held at MIG investments in switzerland in your own name. No Guarantees but low leverage and risk. expectations 2-10% per month max drawdown 30% before plug gets pulled. If interested leave me a message and i'll be in touch about the fees / legals etc.
Sorry to be so brutal but many think that $50k is a lot of money, if you do then this isnt for you and i'd just as soon save both me and you the time :)
stay lucky.
Friday, January 02, 2009
Happy New Year!
Well, it's a new year for us all and I sincerely hope it's a good one for you also.
We start a new count off today and close off last year totally. - a clean slate so to speak.
To close off then.
Closed Results +3931 Pips Oct 23rd - Dec 31st 2008
December 2008 = +1357 Pips on closed trades
First one a shitter for 09:
USDJPY CLOSED FOR -100
and one of these to get us going
NEW TRADE - MARKET ORDER - SHORT EURUSD @ 1.3775 IF SEEN - SL 1.4250.
Results 2009 = -100 pips
January 2009 = -100 Pips on closed trades
We start a new count off today and close off last year totally. - a clean slate so to speak.
To close off then.
Closed Results +3931 Pips Oct 23rd - Dec 31st 2008
December 2008 = +1357 Pips on closed trades
First one a shitter for 09:
USDJPY CLOSED FOR -100
and one of these to get us going
NEW TRADE - MARKET ORDER - SHORT EURUSD @ 1.3775 IF SEEN - SL 1.4250.
Results 2009 = -100 pips
January 2009 = -100 Pips on closed trades
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