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London Forex Open - Trading Room
Yep, agreed as per Update above, onto tomorrow! ReviewTeam - www.systemsfortraders.com
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London Forex Open - Trading Room 01-26-2010 09:46 AM #11
Re: Bad GDP
Yep, agreed as per Update above, onto tomorrow!
ReviewTeam - www.systemsfortraders.com
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London Forex Open - Trading Room 01-27-2010 06:55 AM #12
27-Jan
"No Trend" for us today so no trade.
ReviewTeam - www.systemsfortraders.com
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London Forex Open - Trading Room 01-28-2010 07:19 AM #13
28-Jan
We are Short on a false break-out and needing a winning trade after a bad start to the year.
ReviewTeam - www.systemsfortraders.com
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London Forex Open - Trading Room 01-28-2010 09:04 AM #14
SFT Respected member
- Join Date
- Jan 2010
- Posts
- 381
It's not looking good to me, personally, price has broken out of a triangle, I don't see it going back down, fingers crossed though.
I have decided to stick with the conservative strategy when I go live next month but continue to paper trade the 'advanced'.
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London Forex Open - Trading Room 01-28-2010 12:16 PM #15
28-Jan - Update
Stop moved to break-even after hitting 43 pips in profit, yes we know it should be 45 but was close enough for us as US opens in an hour or so.
Raskol, look forward to seeing further contributions next week.
UPDATE: +125 pips today on the false break-out.
ReviewTeam - www.systemsfortraders.com
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London Forex Open - Trading Room 01-28-2010 12:59 PM #16
SFT Respected member
- Join Date
- Jan 2010
- Posts
- 381
I may post up my mt4 stats if I can work out how to do that.
Are we allowed to post charts or is it giving too much away about the system ?
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London Forex Open - Trading Room 01-28-2010 01:35 PM #17
Re: Stats
From a Systems For Traders perspective, prefer you just post your trades in text, we just feel it keeps our site "cleaner", which is a key objective of ours. Will be interesting as we will be posting ours in the journal section this weekend all being well.
ReviewTeam - www.systemsfortraders.com
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London Forex Open - Trading Room 01-29-2010 08:30 AM #18
SFT Respected member
- Join Date
- Jan 2010
- Posts
- 381
Another false breakout today, close to B/E already.
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London Forex Open - Trading Room 01-29-2010 11:28 AM #19
29-Jan
Hi Raskol,
We too are in that trade, now a free trade with stop moved to break-even, would be nice to see +125 two days in a row - fingers crossed and have a good weekend.
ReviewTeam - www.systemsfortraders.com
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London Forex Open - Trading Room 01-29-2010 01:03 PM #20
SFT Respected member
- Join Date
- Jan 2010
- Posts
- 381
Well, there's a turn up for the books. The system romps home with 250 pips in two days, taking it comfortably into green pips for the month. I guess you've got to expect a bit of drawdown with such a high R:R.
I will keep my 'technical analysis' to myself, from now onIt's not looking good to me, personally, price has broken out of a triangle, I don't see it going back down
Have a good weekend.
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