Thanks to all who kept on sharing there pip score last week it helps me in achieving my goals..

reflections on my weekly pips score,

Monday +30 pips in 1trade ( stayed in bed, had a bad oyster Sunday)
Tuesday +174 pips in 3 trades ( nice controlled trading )
Wednesday -12 pips in 5 trades (stopped after 5 trades )
Thursday -81 pips in 10 trades ( playing with the monkey chat )
Friday + 20 in 8 trades ( tried to go back to controlled trading )

Overall pips score for 2009
week 1 : 845 pips + and 1431 pips - in 62 trades result - 586
week 2 : 872 pips + and 892 pips - in 58 trades result - 20
week 3 : 336 pips + and 658 pips - in 41 trades result -322
week 4 : 467 pips + and 336 pips - in 27 trades result + 131

Looks like the treatment is going to work out

Still taking profit to quickly and don't let the profit run.

Very happy with trading only oil, wsfuts and one currency.

If I don't follow my rules I force myself in to get a dozen oysters

Cu all next week in the live room.

Hans

I am so pleased for you. Now keep focussed as your record now proves that you can do this.

Nicloa,you really are an inspiration & testament to the fx500 club strategy. Keep it up & keep on posting here too.

I haven't performed at all well this week:
Monday O pips win -50 pips loss 1 trade
Tuesday 77 -198 8 trades
Thursday 0 -122 4 trades
Friday 50 -102 3 trades
total week 302 -472 (total -170) 18 trades

last week 561 -311 (total +3) 25 trades
year 862 -783 (total -167) 43 trades

have a great week next week, I'm back on 9th
Paul

Hi,

Is there a place online where I can download the main template and indicators for this strategy?

I've managed to get my moving averages the same as in the screenshots. My my pivot and CCI indicators look different.

Thanks,

Mauzj.

Rockdrive - Early retirement.

Dear Pipsters,
I have now been trading full time for just over 12 months. I have completed a review of my performance over that time and have concluded that while I am making pips, I am not making enough pips. My average monthly income is less than 25% of my former income so Mrs Rock and I have therefore agreed that I shall retire from the arena and once more join the corporate boardroom.

This early retirement is something I hope is short lived. With pressures for income and high expenditure I have to be realistic and honest with myself. This has been a great community and I have enjoyed myself enormously. Thanks for all of your help Dan, Zak and James.

I'll poke my nose in now and again, and shall continue to trade a longer term book, but this will be more for beer money than paying the mortgage.

All the best pipsters and thank you for allowing me to share my successes and my failures. Good luck to you all.

Retiring Rockdrive

Sorry to see you go Rockdrive, but I respect your realistic and pragmatic view.

I would love to become a full time trader, but would be kidding myself if I thought I could do it now.

Checked my account for Jan and lost 63 pips in total for the month, a far cry from the 4000 or so i'd need to be able to give up the day job!

2 rock: Someday you will earn more money than your mortgage is..
If you are able to do continual monthly profits than you will be able to cummulate your money to have bigger stakes. And I think when u are in with 1lot and u CAN make 500monthly pips your mortgage will be no problem then..I hope and wish you this is going to happen..

I post here my bad trade to show you all how easy is to lose money.
I drew my TL badly and that was big mistake..After the loss of 50pips(2 positions with 25pips SL) I went to ciggy and then this hapend.."What a stupid man I am!" I told myself..

Attached Images

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Hello to everybody,

Just wont to ak you if you still look at gold and crue oil BEFORE you take a trade cos it seems to me that gold and crue oil does not agree very often. Now I mean those days. So, Should I wait for gold and oil CCI BE above zero..heading up to take a trade ..let say cabel or eru/usd..or it is enough gold is up..just wont to assure everything in my head

AND S/R ON gold or oil can be S/R on other pair as well...Am I right

good work ..keep it up

luk

Sometimes everything just tend to go their own way, that way trade what you see, overall be watchful and careful.

Rockdrive-- I can't believe you are leaving us though i understand why you need to leave still this leaves me in doubt since i would like to make some good income in fx and yet you that im looking up to is retiring.

Pls come back soon.

Hi Ladik,

Ignoring the fact that the trade lost, what made it a bad trade? Analysing past mistakes will help us all become better traders!

Thanks,

Mauzj.

Hi Luky,

Shouldn't that be spelt "Lucky". You could safely ignore the commodities at the moment for correlation. Dow Jones took over the CEO position for a while towards the end of last year. But, has since eased off.
Just trade what you see.

__________________
Honest Bill