#11 (permalink)  
Old 08-24-2006, 04:59 PM
gazuz's Avatar
Senior Trader and Moderat
 
Join Date: Aug 2004
Posts: 768
Thanks: 1
Thanked 8 Times in 5 Posts
gazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to all
Default

Closed the EURUSD and GPBUSD with 10 pips profit. I also moved back the stop loss for the USDJPY to 116.00

Even though the GBPUSD went further down I am satisfied with the win, I had no real indicator so I just went with the safer position. EURUSD was the same story, no real indicator and some were expiring, although I couldve made 30 pips more for each currency pair I liked my 20 pip gain.

These Trades:
+10 pips
+10 pips


Total:
+190 pips
__________________
____________________________\¦/
___________________________(ò ó)
______________________o0o___(_)___o0o__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__

Last edited by gazuz : 08-24-2006 at 05:03 PM.
Reply With Quote
  #12 (permalink)  
Old 08-24-2006, 05:18 PM
gazuz's Avatar
Senior Trader and Moderat
 
Join Date: Aug 2004
Posts: 768
Thanks: 1
Thanked 8 Times in 5 Posts
gazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to all
Default

I decided to buy the EURUSD as its been oversold, I'm expecting a small dip back up so I have a 10 pip take profit off of 1.2765.

Buy EURUSD at 1.2765
Take Profit at 1.2775
Stop Loss at 1.2745

if won, 10 pips, if lost 20 pips
__________________
____________________________\¦/
___________________________(ò ó)
______________________o0o___(_)___o0o__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__
Reply With Quote
  #13 (permalink)  
Old 08-25-2006, 03:35 AM
scorpion's Avatar
Administrator
 
Join Date: Aug 2004
Posts: 1,974
Thanks: 119
Thanked 383 Times in 152 Posts
scorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to behold
Send a message via MSN to scorpion Send a message via Yahoo to scorpion
Default

Yah! all trades are very profitable, gaz.

That's nice.
__________________
Make easy pips with the Advanced Economic Calendar for Forex Trading.
Reply With Quote
  #14 (permalink)  
Old 08-25-2006, 03:44 AM
gazuz's Avatar
Senior Trader and Moderat
 
Join Date: Aug 2004
Posts: 768
Thanks: 1
Thanked 8 Times in 5 Posts
gazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to all
Default

The USDJPY closed with the expected 30 pips, and the EURUSD trade made 10 pips as expected.

This Trade:
+30 pips
+10 pips


Total Trade:
+230 pips
__________________
____________________________\¦/
___________________________(ò ó)
______________________o0o___(_)___o0o__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__
Reply With Quote
  #15 (permalink)  
Old 08-25-2006, 06:43 AM
gazuz's Avatar
Senior Trader and Moderat
 
Join Date: Aug 2004
Posts: 768
Thanks: 1
Thanked 8 Times in 5 Posts
gazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to all
Default

The USDJPY just broke its resistance, I have been told that it will go way up but I can also see its wayyy overbought. Im going to sell it

Sell at 117.20
Take Profit at 116.90
Stop Loss at 117.55

If won, 30 pip gain, if lost, 35 pip loss

Hopefully I'm write on this, it should top out at about 9:00 GMT if my calculations are correct. Hopefully it will be a double top reversing the trend.



Now EURUSD I put a Sell Limit on this one.

Sell at 1.2775
Take Profit at 1.2755
Stop Loss at 1.2840

If won, 20 pip gain, if lost, 65 pip loss. The trend is generally going down and should stay within its envelope.


GBPUSD I am buying for a small profit, one of those quick ups

Buy at 1.8842
Take Profit at 1.8852
Stop Loss at 1.8800

10 pip profit, 42 pip loss
__________________
____________________________\¦/
___________________________(ò ó)
______________________o0o___(_)___o0o__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__

Last edited by gazuz : 08-25-2006 at 07:08 AM.
Reply With Quote
  #16 (permalink)  
Old 08-25-2006, 07:05 AM
gazuz's Avatar
Senior Trader and Moderat
 
Join Date: Aug 2004
Posts: 768
Thanks: 1
Thanked 8 Times in 5 Posts
gazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to all
Default

GBPUSD position closed with 10 pips profit

This Trade:
+10 pips

Total:
+240 pips
__________________
____________________________\¦/
___________________________(ò ó)
______________________o0o___(_)___o0o__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__
Reply With Quote
  #17 (permalink)  
Old 08-25-2006, 03:37 PM
gazuz's Avatar
Senior Trader and Moderat
 
Join Date: Aug 2004
Posts: 768
Thanks: 1
Thanked 8 Times in 5 Posts
gazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to all
Default

EURUSD position closed with 20 pip profit

This Trade:
+20 pips

Total:
+260 pips
__________________
____________________________\¦/
___________________________(ò ó)
______________________o0o___(_)___o0o__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__
Reply With Quote
  #18 (permalink)  
Old 08-25-2006, 03:41 PM
gazuz's Avatar
Senior Trader and Moderat
 
Join Date: Aug 2004
Posts: 768
Thanks: 1
Thanked 8 Times in 5 Posts
gazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to all
Default

The USDJPY is going to slowly go down, I'm almost sure it will go even higher before going down.. So I'm moving the take profit higher and the stop loss higher as well..

Take Profit at 117.05
Stop Loss at 117.75

15 pip profit, 55 pip loss
__________________
____________________________\¦/
___________________________(ò ó)
______________________o0o___(_)___o0o__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__
Reply With Quote
  #19 (permalink)  
Old 08-28-2006, 04:07 AM
gazuz's Avatar
Senior Trader and Moderat
 
Join Date: Aug 2004
Posts: 768
Thanks: 1
Thanked 8 Times in 5 Posts
gazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to all
Default

USDJPY closed the position and will probably keep going down. Though I dont have enough certainty to open anymore. Since today is sunday in PST I will not have any positions open.

This Trade:
+15 pips

Total:
+275 pips
__________________
____________________________\¦/
___________________________(ò ó)
______________________o0o___(_)___o0o__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__
Reply With Quote
  #20 (permalink)  
Old 08-29-2006, 03:24 AM
gazuz's Avatar
Senior Trader and Moderat
 
Join Date: Aug 2004
Posts: 768
Thanks: 1
Thanked 8 Times in 5 Posts
gazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to allgazuz is a name known to all
Default

Selling EURUSD at 1.2815
Take Profit at 1.2795
Stop Loss at 1.2850

Profit would be 20 pips and loss of 35 pips


Selling GBPUSD at 1.8976
Take Profit at 1.8956
Stop Loss at 1.9014

Profit would be 20 pips and loss of 38 pips
__________________
____________________________\¦/
___________________________(ò ó)
______________________o0o___(_)___o0o__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__
___¦_____¦_____¦_____¦_____¦_____¦_____¦
¦_____¦_____¦_____¦_____¦_____¦_____¦__

Last edited by gazuz : 08-29-2006 at 04:16 AM.
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading E-Books Download jgrimney Tutorials, Tips & Tricks 47 09-18-2008 08:19 AM


All times are GMT. The time now is 10:30 PM.
Powered by vBulletin Version 3.6.2
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.1.0

Registered members have access to special online forex currency trading tools, software, mt4 expert advisors and indicators. Register now

Main Menu

Economic Forecast