As last week, I will not be doing too much talking in the trading room whilst trading. I will comment as and when I can. Due to the hazardous nature of summer trading, I will restrict trading to inside bars only for this week. Please bear in mind that many seasoned traders do not trade at all during August as markets are notoriously unpredictable.
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
CLOSED - EURJPY - sell @ 162.36, 30 pip profit
CLOSED - EURUSD - sell @ 1.4736, 30 pip profit
August cumulative 38 pip profit (£120)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win, 5/8 break even, 6/8 break even, 7/8 1% win, 8/8 break even, 11/8 break even, 12/8 break even, 13/8 break even, 14/8 1% win, 15/8 break even
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 4/8 closed - sold @ 212.00, 100 pip profit (£165), 11/8 sold @ 210.76, 118 pip profit (£200), 18/8 stop to buy @ 206.52, stop to sell @ 204.76
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 6/8 1% win, 13/8 1% loss
August cumulative 0 pip profit (£0)
August total cumulative 31 pip loss or £-225 (-1.1%)
Monday, August 18, 2008
Friday, August 15, 2008
As last week, I will not be doing too much talking in the trading room whilst trading. I will comment as and when I can. Due to the hazardous nature of summer trading, I will restrict trading to inside bars only for this week. Please bear in mind that many seasoned traders do not trade at all during August as markets are notoriously unpredictable.
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
CLOSED - EURJPY - sell @ 162.34, 48 pip loss
CLOSED - EURJPY - buy @ 162.82, 21 pip loss
CLOSED - EURJPY - sell @ 162.61, 13 pip loss (unbelievable whipsaws!)
August cumulative 22 pip loss (£-254)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win, 5/8 break even, 6/8 break even, 7/8 1% win, 8/8 break even, 11/8 break even, 12/8 break even, 13/8 break even, 14/8 1% win
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 4/8 closed - sold @ 212.00, 100 pip profit (£165), 11/8 sold @ 210.76, 118 pip profit (£200)
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 6/8 1% win, 13/8 1% loss
August cumulative 0 pip profit (£0)
August total cumulative 91 pip loss or £-599 (-3.0%)
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
CLOSED - EURJPY - sell @ 162.34, 48 pip loss
CLOSED - EURJPY - buy @ 162.82, 21 pip loss
CLOSED - EURJPY - sell @ 162.61, 13 pip loss (unbelievable whipsaws!)
August cumulative 22 pip loss (£-254)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win, 5/8 break even, 6/8 break even, 7/8 1% win, 8/8 break even, 11/8 break even, 12/8 break even, 13/8 break even, 14/8 1% win
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 4/8 closed - sold @ 212.00, 100 pip profit (£165), 11/8 sold @ 210.76, 118 pip profit (£200)
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 6/8 1% win, 13/8 1% loss
August cumulative 0 pip profit (£0)
August total cumulative 91 pip loss or £-599 (-3.0%)
Thursday, August 14, 2008
As last week, I will not be doing too much talking in the trading room whilst trading. I will comment as and when I can. Due to the hazardous nature of summer trading, I will restrict trading to inside bars only for this week. Please bear in mind that many seasoned traders do not trade at all during August as markets are notoriously unpredictable.
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
No live trades yet.
August cumulative 60 pip profit (£256)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win, 5/8 break even, 6/8 break even, 7/8 1% win, 8/8 break even, 11/8 break even, 12/8 break even, 13/8 break even
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 4/8 closed - sold @ 212.00, 100 pip profit (£165), 11/8 sold @ 210.76, 118 pip profit (£200)
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 6/8 1% win, 13/8 1% loss
August cumulative 0 pip profit (£0)
August total cumulative 9 pip loss or £-89 (-0.4%)
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
No live trades yet.
August cumulative 60 pip profit (£256)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win, 5/8 break even, 6/8 break even, 7/8 1% win, 8/8 break even, 11/8 break even, 12/8 break even, 13/8 break even
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 4/8 closed - sold @ 212.00, 100 pip profit (£165), 11/8 sold @ 210.76, 118 pip profit (£200)
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 6/8 1% win, 13/8 1% loss
August cumulative 0 pip profit (£0)
August total cumulative 9 pip loss or £-89 (-0.4%)
Wednesday, August 13, 2008
As last week, I will not be doing too much talking in the trading room whilst trading. I will comment as and when I can. Due to the hazardous nature of summer trading, I will restrict trading to inside bars only for this week. Please bear in mind that many seasoned traders do not trade at all during August as markets are notoriously unpredictable.
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
CLOSED (due to price action on euro) - EURJPY - buy @ 162.58, 15 pip loss (would have been 51 pip loss or 1%)
CLOSED (at 2:50pm! after 2.5 hours, before US inventories) - EURJPY - sell @ 162.07, 25 pip profit
Cacnelled at 3pm - EURUSD - sell @ 1.4861, stop loss 1.4907
August cumulative 60 pip profit (£256)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win, 5/8 break even, 6/8 break even, 7/8 1% win, 8/8 break even, 11/8 break even, 12/8 break even
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 4/8 closed - sold @ 212.00, 100 pip profit (£165), 11/8 sold @ 210.76, 118 pip profit (£200)
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 6/8 1% win
August cumulative 0 pip profit (£0)
August total cumulative 9 pip loss or £-89 (-0.4%)
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
CLOSED (due to price action on euro) - EURJPY - buy @ 162.58, 15 pip loss (would have been 51 pip loss or 1%)
CLOSED (at 2:50pm! after 2.5 hours, before US inventories) - EURJPY - sell @ 162.07, 25 pip profit
Cacnelled at 3pm - EURUSD - sell @ 1.4861, stop loss 1.4907
August cumulative 60 pip profit (£256)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win, 5/8 break even, 6/8 break even, 7/8 1% win, 8/8 break even, 11/8 break even, 12/8 break even
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 4/8 closed - sold @ 212.00, 100 pip profit (£165), 11/8 sold @ 210.76, 118 pip profit (£200)
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 6/8 1% win
August cumulative 0 pip profit (£0)
August total cumulative 9 pip loss or £-89 (-0.4%)
Tuesday, August 12, 2008
As last week, I will not be doing too much talking in the trading room whilst trading. I will comment as and when I can. Due to the hazardous nature of summer trading, I will restrict trading to inside bars only for this week. Please bear in mind that many seasoned traders do not trade at all during August as markets are notoriously unpredictable.
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
CLOSED (before US data release) - USDJPY - sell @ 110.06, 10 pip profit
CLOSED (before US data release) - EURUSD - buy @ 1.4908, 21 pip profit
August cumulative 50 pip profit (£218)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win, 5/8 break even, 6/8 break even, 7/8 1% win, 8/8 break even, 11/8 break even, 12/8 break even
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 4/8 closed - sold @ 212.00, 100 pip profit (£165), 11/8 sold @ 210.76, 118 pip profit (£200)
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 6/8 1% win
August cumulative 0 pip profit (£0)
August total cumulative 19 pip loss or £-127 (-0.6%)
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
CLOSED (before US data release) - USDJPY - sell @ 110.06, 10 pip profit
CLOSED (before US data release) - EURUSD - buy @ 1.4908, 21 pip profit
August cumulative 50 pip profit (£218)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win, 5/8 break even, 6/8 break even, 7/8 1% win, 8/8 break even, 11/8 break even, 12/8 break even
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 4/8 closed - sold @ 212.00, 100 pip profit (£165), 11/8 sold @ 210.76, 118 pip profit (£200)
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 6/8 1% win
August cumulative 0 pip profit (£0)
August total cumulative 19 pip loss or £-127 (-0.6%)
Monday, August 11, 2008
As last week, I will not be doing too much talking in the trading room whilst trading. I will comment as and when I can. Due to the hazardous nature of summer trading, I will restrict trading to inside bars only for this week. Please bear in mind that many seasoned traders do not trade at all during August as markets are notoriously unpredictable.
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
CLOSED - EURJPY - sell @ 164.66, 46 pip loss
CLOSED - EURJPY - buy @ 165.12, 41 pip profit
CLOSED - USDJPY - sell @ 109.99, 0 pip profit
CLOSED - USDJPY - sell @ 109.68, 26 pip loss
EURUSD inside bar over 50 (range) so not to be traded
August cumulative 19 pip profit (£28)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win, 5/8 break even, 6/8 break even, 7/8 1% win, 8/8 break even, 11/8 break even
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 4/8 closed - sold @ 212.00, 100 pip profit (£165), 11/8 sold @ 210.76, stop/reverse to buy 211.94, target 209.58
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 6/8 1% win
August cumulative 0 pip profit (£0)
August total cumulative 50 pip loss or £-317 (-1.6%)
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
CLOSED - EURJPY - sell @ 164.66, 46 pip loss
CLOSED - EURJPY - buy @ 165.12, 41 pip profit
CLOSED - USDJPY - sell @ 109.99, 0 pip profit
CLOSED - USDJPY - sell @ 109.68, 26 pip loss
EURUSD inside bar over 50 (range) so not to be traded
August cumulative 19 pip profit (£28)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win, 5/8 break even, 6/8 break even, 7/8 1% win, 8/8 break even, 11/8 break even
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 4/8 closed - sold @ 212.00, 100 pip profit (£165), 11/8 sold @ 210.76, stop/reverse to buy 211.94, target 209.58
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 6/8 1% win
August cumulative 0 pip profit (£0)
August total cumulative 50 pip loss or £-317 (-1.6%)
Friday, August 8, 2008
As last week, I will not be doing too much talking in the trading room whilst trading. I will comment as and when I can. Due to the hazardous nature of summer trading, I will restrict trading to inside bars only for this week. Please bear in mind that many seasoned traders do not trade at all during August as markets are notoriously unpredictable.
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
CLOSED - EURJPY - sell @ 166.86, 28 pip profit
CLOSED - EURUSD - sell @ 1.5154, 22 pip profit
CLOSED - EURJPY - sell @ 165.80, 0 pip profit
CLOSED - GBPUSD - sell @ 1.9213, 8 pip profit
August cumulative 50 pip profit (£240)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win, 5/8 break even, 6/8 break even
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 4/8 closed - sold @ 212.00, 100 pip profit (£165)
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 6/8 1% win
August cumulative 0 pip profit (£0)
August total cumulative 19 pip loss or £-105 (-0.5%)
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
CLOSED - EURJPY - sell @ 166.86, 28 pip profit
CLOSED - EURUSD - sell @ 1.5154, 22 pip profit
CLOSED - EURJPY - sell @ 165.80, 0 pip profit
CLOSED - GBPUSD - sell @ 1.9213, 8 pip profit
August cumulative 50 pip profit (£240)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win, 5/8 break even, 6/8 break even
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 4/8 closed - sold @ 212.00, 100 pip profit (£165)
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 6/8 1% win
August cumulative 0 pip profit (£0)
August total cumulative 19 pip loss or £-105 (-0.5%)
Thursday, August 7, 2008
As last week, I will not be doing too much talking in the trading room whilst trading. I will comment as and when I can. Due to the hazardous nature of summer trading, I will restrict trading to inside bars only for this week. Please bear in mind that many seasoned traders do not trade at all during August as markets are notoriously unpredictable.
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
GBPUSD - not taken pending data today
USDJPY - not taken pending data today
EURUSD - not placed, pending data today.
Will review after interest rate announcements
August cumulative 8 pip loss (£-128)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win, 5/8 break even, 6/8 break even
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 4/8 closed - sold @ 212.00, 100 pip profit (£165)
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 6/8 1% win
August cumulative 0 pip profit (£0)
August total cumulative 77 pip loss or £-473 (-2.3%)
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
GBPUSD - not taken pending data today
USDJPY - not taken pending data today
EURUSD - not placed, pending data today.
Will review after interest rate announcements
August cumulative 8 pip loss (£-128)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win, 5/8 break even, 6/8 break even
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 4/8 closed - sold @ 212.00, 100 pip profit (£165)
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 6/8 1% win
August cumulative 0 pip profit (£0)
August total cumulative 77 pip loss or £-473 (-2.3%)
Wednesday, August 6, 2008
As last week, I will not be doing too much talking in the trading room whilst trading. I will comment as and when I can. Due to the hazardous nature of summer trading, I will restrict trading to inside bars only for this week. Please bear in mind that many seasoned traders do not trade at all during August as markets are notoriously unpredictable.
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
CLOSED - GBPUSD - sell @ 1.9550, 17 pip profit
CLOSED - USDJPY - buy @ 108.47, 8 pip loss
CLOSED - EURJPY - sell @ 167.83, 1 pip loss
August cumulative 8 pip loss (£-128)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win, 5/8 break even
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 4/8 closed - sold @ 212.00, 100 pip profit (£165)
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
August cumulative 0 pip profit (£0)
August total cumulative 77 pip loss or £-473 (-2.3%)
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
CLOSED - GBPUSD - sell @ 1.9550, 17 pip profit
CLOSED - USDJPY - buy @ 108.47, 8 pip loss
CLOSED - EURJPY - sell @ 167.83, 1 pip loss
August cumulative 8 pip loss (£-128)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win, 5/8 break even
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - 4/8 closed - sold @ 212.00, 100 pip profit (£165)
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
August cumulative 0 pip profit (£0)
August total cumulative 77 pip loss or £-473 (-2.3%)
Tuesday, August 5, 2008
As last week, I will not be doing too much talking in the trading room whilst trading. I will comment as and when I can. Due to the hazardous nature of summer trading, I will restrict trading to inside bars only for this week. Please bear in mind that many seasoned traders do not trade at all during August as markets are notoriously unpredictable.
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
CLOSED - EURUSD sell @ 1.5485, 0 pip profit
Cancelled due to ISM data at 3pm - PENDING - GBPUSD - SELL @ 1.9530, stop 1.9551
Cancelled due to ISM data at 3pm - PENDING - USDJPY - SELL @ 107.80, stop @ 108.00
Deleted pending as not activiated within 2 hours - USDJPY - sell @ 107.74, stop 107.93
Not taken - EURJPY - near support and almost 50 pip range including spreads
August cumulative 16 pip loss (£-160)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - closed - sold @ 212.00, 100 pip profit (£165)
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
August cumulative 0 pip profit (£0)
August total cumulative 85 pip loss or £-505 (-2.5%)
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
CLOSED - EURUSD sell @ 1.5485, 0 pip profit
Cancelled due to ISM data at 3pm - PENDING - GBPUSD - SELL @ 1.9530, stop 1.9551
Cancelled due to ISM data at 3pm - PENDING - USDJPY - SELL @ 107.80, stop @ 108.00
Deleted pending as not activiated within 2 hours - USDJPY - sell @ 107.74, stop 107.93
Not taken - EURJPY - near support and almost 50 pip range including spreads
August cumulative 16 pip loss (£-160)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - closed - sold @ 212.00, 100 pip profit (£165)
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
August cumulative 0 pip profit (£0)
August total cumulative 85 pip loss or £-505 (-2.5%)
Monday, August 4, 2008
As last week, I will not be doing too much talking in the trading room whilst trading. I will comment as and when I can.
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
CLOSED - EURJPY SOLD @ 167.70, 35 pip loss
CLOSED - EURJPY BOUGHT @ 168.10, 11 pip profit
CLOSED - EURJPY SOLD @ 168.21, 21 pip loss
CLOSED - EURJPY BOUGHT @ 168.42, 14 pip loss
CLOSED - GBPUSD - BOUGHT @ 1.9698, 15 pip loss
CLOSED - GBPUSD - SOLD @ 1.9680, 5 pip profit
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
CLOSED - USDJPY - BOUGHT @ 108.08, 16 pip loss.
August cumulative 16 pip loss (£-160)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - stop to buy 213.21, stop to sell 212.00
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
August cumulative 0 pip profit (£0)
August total cumulative 85 pip loss or £-505 (-2.5%)
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
CLOSED - EURJPY SOLD @ 167.70, 35 pip loss
CLOSED - EURJPY BOUGHT @ 168.10, 11 pip profit
CLOSED - EURJPY SOLD @ 168.21, 21 pip loss
CLOSED - EURJPY BOUGHT @ 168.42, 14 pip loss
CLOSED - GBPUSD - BOUGHT @ 1.9698, 15 pip loss
CLOSED - GBPUSD - SOLD @ 1.9680, 5 pip profit
August cumulative 69 pip loss (£-345).
Inside Bars (1% risk per trade)
CLOSED - USDJPY - BOUGHT @ 108.08, 16 pip loss.
August cumulative 16 pip loss (£-160)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 1/8 break even, 4/8 1% win
August cumulative 0 pip loss (£0)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - stop to buy 213.21, stop to sell 212.00
August cumulative 0 pip profit (£0)
Wednesday Special (1% risk per trade GBPJPY)
August cumulative 0 pip profit (£0)
August total cumulative 85 pip loss or £-505 (-2.5%)
Friday, August 1, 2008
In order to concentrate on trading I will not be talking in the conference room this week; I will update the score card and on audio at midday and the end of the day. I will be trading price action and inside bars. Please note it is highly likely that I will not take trades until Monday, 4 August following NFP data today.
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
July cumulative 139 pip loss (£-607).
Inside Bars (1% risk per trade)
None taken today.
July cumulative 78 pip profit (£-1,060)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 7/7 - break even, 8/7 2% loss, 9/7 1% win, 10/7 0%, 11/7 2% loss,14/7 1% win, 15/7 1% win, 16/7 1% win, 17/7 1% win, 18/7 break even, 21/7 break even, 22/7 2% loss, 23/7 1% win, 24/7 2% loss, 25/7 1% win, 28/7 break even, 29/7 1% win, 30/7 1% win, 31/7 1% win
July cumulative to 4/7 131 pip loss (£-796)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - w/c 14/7 closed buy @ 212.04, 189 pip loss (1%), closed sold @ 210.15, 189 pip loss (1%), w/c 21/7 closed - sold @ 212.58, 136 pip loss, closed - bought @ 213.94, 189 pip loss. w/c 28/7 - trades cancelled as not activated by Friday
July cumulative 224 pip loss (£-400)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 16/7 1% win, 23/7 break even, 30/7 0.5% win although 50 pips available at one point
July cumulative 0 pip profit (£0)
July total cumulative 629 pip loss or £-2,863 (-14.3%)
Daily pivots: GBPUSD 1.9845, EURJPY 168.46, GBPJPY 213.96
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
July cumulative 139 pip loss (£-607).
Inside Bars (1% risk per trade)
None taken today.
July cumulative 78 pip profit (£-1,060)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 7/7 - break even, 8/7 2% loss, 9/7 1% win, 10/7 0%, 11/7 2% loss,14/7 1% win, 15/7 1% win, 16/7 1% win, 17/7 1% win, 18/7 break even, 21/7 break even, 22/7 2% loss, 23/7 1% win, 24/7 2% loss, 25/7 1% win, 28/7 break even, 29/7 1% win, 30/7 1% win, 31/7 1% win
July cumulative to 4/7 131 pip loss (£-796)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - w/c 14/7 closed buy @ 212.04, 189 pip loss (1%), closed sold @ 210.15, 189 pip loss (1%), w/c 21/7 closed - sold @ 212.58, 136 pip loss, closed - bought @ 213.94, 189 pip loss. w/c 28/7 - trades cancelled as not activated by Friday
July cumulative 224 pip loss (£-400)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 16/7 1% win, 23/7 break even, 30/7 0.5% win although 50 pips available at one point
July cumulative 0 pip profit (£0)
July total cumulative 629 pip loss or £-2,863 (-14.3%)
Daily pivots: GBPUSD 1.9845, EURJPY 168.46, GBPJPY 213.96
Thursday, July 31, 2008
In order to concentrate on trading I will not be talking in the conference room this week; I will update the score card and on audio at midday and the end of the day. I will be trading price action and inside bars.
Please note it is highly likely that I will not take trades until better volumes return.
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
July cumulative 139 pip loss (£-607).
Inside Bars (1% risk per trade)
None taken today.
July cumulative 78 pip profit (£-1,060)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 7/7 - break even, 8/7 2% loss, 9/7 1% win, 10/7 0%, 11/7 2% loss,14/7 1% win, 15/7 1% win, 16/7 1% win, 17/7 1% win, 18/7 break even, 21/7 break even, 22/7 2% loss, 23/7 1% win, 24/7 2% loss, 25/7 1% win, 28/7 break even, 29/7 1% win, 30/7 1% win
July cumulative to 4/7 131 pip loss (£-796)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - w/c 14/7 closed buy @ 212.04, 189 pip loss (1%), closed sold @ 210.15, 189 pip loss (1%), w/c 21/7 closed - sold @ 212.58, 136 pip loss, closed - bought @ 213.94, 189 pip loss. w/c 28/7 - stop to buy @ 215.01, stop to sell 212.75.
July cumulative 224 pip loss (£-400)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 16/7 1% win, 23/7 break even, 30/7 0.5% win although 50 pips available at one point
July cumulative 0 pip profit (£0)
July total cumulative 629 pip loss or £-2,863 (-14.3%)
Daily pivots: GBPUSD 1.9797, EURJPY 168.32, GBPJPY 213.94
Please note it is highly likely that I will not take trades until better volumes return.
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
July cumulative 139 pip loss (£-607).
Inside Bars (1% risk per trade)
None taken today.
July cumulative 78 pip profit (£-1,060)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 7/7 - break even, 8/7 2% loss, 9/7 1% win, 10/7 0%, 11/7 2% loss,14/7 1% win, 15/7 1% win, 16/7 1% win, 17/7 1% win, 18/7 break even, 21/7 break even, 22/7 2% loss, 23/7 1% win, 24/7 2% loss, 25/7 1% win, 28/7 break even, 29/7 1% win, 30/7 1% win
July cumulative to 4/7 131 pip loss (£-796)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - w/c 14/7 closed buy @ 212.04, 189 pip loss (1%), closed sold @ 210.15, 189 pip loss (1%), w/c 21/7 closed - sold @ 212.58, 136 pip loss, closed - bought @ 213.94, 189 pip loss. w/c 28/7 - stop to buy @ 215.01, stop to sell 212.75.
July cumulative 224 pip loss (£-400)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 16/7 1% win, 23/7 break even, 30/7 0.5% win although 50 pips available at one point
July cumulative 0 pip profit (£0)
July total cumulative 629 pip loss or £-2,863 (-14.3%)
Daily pivots: GBPUSD 1.9797, EURJPY 168.32, GBPJPY 213.94
Wednesday, July 30, 2008
In order to concentrate on trading I will not be talking in the conference room this week; I will update the score card and on audio at midday and the end of the day. I will be trading price action and inside bars.
Please note it is highly likely that I will not take trades until better volumes return.
STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system II; capital £20,000, 1.5% risk per trade)
System I signals (renamed from system II)- price action
No live trades today.
July cumulative 139 pip loss (£-607).
Inside Bars (1% risk per trade)
None taken today.
July cumulative 78 pip profit (£-1,060)
Swiss Army Knife special (1% risk per trade; place stops at 7am)
Monitoring only - 7/7 - break even, 8/7 2% loss, 9/7 1% win, 10/7 0%, 11/7 2% loss,14/7 1% win, 15/7 1% win, 16/7 1% win, 17/7 1% win, 18/7 break even, 21/7 break even, 22/7 2% loss, 23/7 1% win, 24/7 2% loss, 25/7 1% win
July cumulative to 4/7 131 pip loss (£-796)
Weekly Break Out (1% risk per trade GBPJPY)
Monitoring only - w/c 14/7 closed buy @ 212.04, 189 pip loss (1%), closed sold @ 210.15, 189 pip loss (1%), w/c 21/7 closed - sold @ 212.58, 136 pip loss, closed - bought @ 213.94, 189 pip loss. w/c 28/7 - stop to buy @ 215.01, stop to sell 212.75.
July cumulative 224 pip loss (£-400)
Wednesday Special (1% risk per trade GBPJPY)
Monitoring only - 16/7 1% win, 23/7 break even
July cumulative 0 pip profit (£0)
July total cumulative 629 pip loss or £-2,863 (-14.3%)
Daily pivots: GBPUSD 1.9844, EURJPY 168.75, GBPJPY 214.20
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