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My partner and I have been trading the Forex for 3+ years. We have developed several strategies over the years that allow us to trade at normal waking hours, well for those of us in the US. We're not here to teach a specific strategy. Besides, without patience, discipline and good money management a specific strategy is no guarantee of success. We are going to publish our trade calls each day between 5 PM EST and 6 PM EST. You can follow along and see how we do. Trade these calls at your own risk. We are in no way advising anyone to trade in anything other than a demo account! We are not responsible for any monies lost in the forex market!
For years we tried day trading and scalping the momentum of the market but, found that sitting in front of the charts all day long was not the lifestyle that we wanted. Now we have our lives back!
Here are a couple of calls from the end of this past week.
We shorted the EUR/JPY on 2/28 at 159.32 exited position at 159.00
We shorted the USD/JPY on 2/28 at 105.45 exited position at 105.16
We shorted the NZD/USD on 2/29 at .8126 exited half of position at .8106 we're still in this trade.
We shorted the GPB/JPY on 2/29 at 208.83 exited all of our position at 208.17
We entered long on 2/29 on the EUR/USD at 1.5176 exited position at 1.5196
Those are some of the trades we took. No losers. That doesn't always happen but, it was a good day!
Here's hoping that you get your life back as well!
My partner and I have been trading the Forex for 3+ years. We have developed several strategies over the years that allow us to trade at normal waking hours, well for those of us in the US. We're not here to teach a specific strategy. Besides, without patience, discipline and good money management a specific strategy is no guarantee of success. We are going to publish our trade calls each day between 5 PM EST and 6 PM EST. You can follow along and see how we do. Trade these calls at your own risk. We are in no way advising anyone to trade in anything other than a demo account! We are not responsible for any monies lost in the forex market!
For years we tried day trading and scalping the momentum of the market but, found that sitting in front of the charts all day long was not the lifestyle that we wanted. Now we have our lives back!
Here are a couple of calls from the end of this past week.
We shorted the EUR/JPY on 2/28 at 159.32 exited position at 159.00
We shorted the USD/JPY on 2/28 at 105.45 exited position at 105.16
We shorted the NZD/USD on 2/29 at .8126 exited half of position at .8106 we're still in this trade.
We shorted the GPB/JPY on 2/29 at 208.83 exited all of our position at 208.17
We entered long on 2/29 on the EUR/USD at 1.5176 exited position at 1.5196
Those are some of the trades we took. No losers. That doesn't always happen but, it was a good day!
Here's hoping that you get your life back as well!
Actually, we're not going to teach the system. But we would like to post our trades as we take them. That way you can follow along and trade along if you wish. We will have an announcement regarding our plans in the future toward the end of March 2008. Again, we will post our trades between 5 PM EST and 6 PM EST. Our trades are longer term so getting our exact price is not critical. You will notice a couple of 25 pip trades inthere. We opted to put a limit order in on those. We'll post trades that usually run 50-150 pips. Thank you!
Looks like slim pickins tonight. Some pairs made their move last Thursday and some are just now setting up. We do have one call tonight. It's a sell entry order on the GBP/USD. We'll be selling the GBP/USD at 1.9778. It's a ways away but, we want to make sure the market is done with this retrace. More tomorrow. Thak you!
We were looking for more movement on the JPY currencies. That didn't happen yet. So we are waiting on those to set up. We are leaving our sell entry order on the GBP/USD. We're still looking over the charts to see if we see anymore trades but wewon't call them if the set ups are not there. We'll be back if we see something. Thank you!
Well, our trades from yesterday were a mixed bag. The NZD/USD went against us for a 40 pip loss. We were a bit upside down on the R:R less than 1:1. We probably shouldn't have entered that one. The EUR/CHF did well though. Did what we thought. It dropped like a rock and we got 80 pips from that trade. So that's +40 for the day. Lesson learned on the NZD/USD!
There is one trade tonight on the AUD/JPY a SELL. We got in at 95.71. We're looking for 100-200 pips on this one.
Since we do not know the entry criteria....and you are not going to teach it...which is understoood and not a problem..
Could you consider to please post complete calls as it is very hard for me to mix in my own analysis without understanding the entry criteria...thus a more spoonfed version of your service would be needed.
Like this:
Pair
Direction
Entry price
TP
SL
and not a range of numbers...exact calls.
This would be so much more enjoyable to be able to plot these as horizontal lines as it makes it much easier for me to glance at your calls on my charts throughout the day..
Thank you for your consideration and for posting on Forex-tsd.
ES
Last edited by ElectricSavant; 03-04-2008 at 10:26 PM.
Since we do not know the entry criteria....and you are not going to teach it...which is understoood and not a problem..
Could you consider to please post complete calls as it is very hard for me to mix in my own analysis without understanding the entry criteria...thus a more spoonfed version of your service would be needed.
Like this:
Pair
Direction
Entry price
TP
SL
and not a range of numbers...exact calls.
This would be so much more enjoyable to be able to plot these as horizontal lines as it makes it much easier for me to glance at your calls on my charts throughout the day..
Thank you for your consideration and for posting on Forex-tsd.
ES
Hi ES,
We haven't decided what we want to do with the strategy. We want to journal it for the month of March and see if we can match our previous results, with the accountability of this forum. If we do match those results we'll make a decision on what to do with it. If it would help, we'll post the trades in that format.
3/4/08
Pair: AUD/JPY
Direction: SELL
Entry Price: 95.71 (you can get a better price now by a few pips)
Stop Loss: 97.40
Take Profit: 93.76 or 195 pips (the 195 is the average range of this pair over the past 5 days)
Keep in mind that market conditions can and do change during the trades. Although this is out target, it could change to higher or lower. I was giving a range of profit so you could manage the trade on your own (if your trading this). It can be difficult to give an exact exit point on longer trades. If market conditions do change and you are up say 110 pips, then that would fall into our range and probably a good place to exit. You can also move your stop loss up as the trade progresses. Just not too close. We try to catch the trend and ride for as many pips as we can get.
Our Trading Journal
Linear Mode
