USD70+K from ZERO in 16 weeks...

trading strategies and money management discussion, code, results

Moderator: moderators

pika
rank: 50+ posts
rank: 50+ posts
Posts: 74
Joined: Tue Sep 21, 2010 5:00 pm
Reputation: 0
Gender: None specified

Postby pika » Thu Feb 10, 2011 11:27 am

luminousneo,

Just a comment here. If we follow the 200 SMA example and take only the 2 good trades for total of 60 pips, it will take more than a week's time instead of 2 days to fulfill the daily average objective. So in practice, we have to find other pairs to trade but using a long period SMA crossover may not yield such opportunities readily. Am I right?

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
luminousneo
rank: 50+ posts
rank: 50+ posts
Posts: 57
Joined: Wed Feb 02, 2011 7:16 am
Reputation: 0
Gender: None specified

Postby luminousneo » Thu Feb 10, 2011 11:34 am

pika wrote:luminousneo,

Just a comment here. If we follow the 200 SMA example and take only the 2 good trades for total of 60 pips, it will take more than a week's time instead of 2 days to fulfill the daily average objective. So in practice, we have to find other pairs to trade but using a long period SMA crossover may not yield such opportunities readily. Am I right?


Nice one... be smart...how about setting 200 SMA in lower TF ... how many opportunities u get in 1 day? can u see tight SL? can u get 30 pips from those crossover?
Never Ending Opportunities...even Superman can't stop me...

User avatar
newark18
rank: 500+ posts
rank: 500+ posts
Posts: 515
Joined: Thu Mar 11, 2010 3:32 am
Reputation: 0
Real name: James
Gender: Male

Postby newark18 » Thu Feb 10, 2011 12:31 pm

Nikita, you sound like a very pleasant person. :^o
Failure is an opportunity to learn.

User avatar
Jalarupa
rank: 1000+ posts
rank: 1000+ posts
Posts: 1137
Joined: Tue Feb 23, 2010 5:50 pm
Reputation: 2
Location: South Africa
Gender: None specified
Contact:

Postby Jalarupa » Thu Feb 10, 2011 12:49 pm

@newark, I bet they thought this would be easy...

Netbook.... $200
Internet connection.... $50

Watching bonnie and clyde being called out on their BullSh1T...

PRICELESS!!!
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

User avatar
luminousneo
rank: 50+ posts
rank: 50+ posts
Posts: 57
Joined: Wed Feb 02, 2011 7:16 am
Reputation: 0
Gender: None specified

Postby luminousneo » Thu Feb 10, 2011 5:11 pm

Rules : TP 30 pips for each trade, if there is any losing trade, TP should be higher because we need to cover the loss and make sure to get minimum profit net of 30 pips daily... watch and learn...

EURUSD

Image

1st Trade : SL -26, TP +30
Status : TP HIT

Total pips : 30 pips


AUDUSD

Image

1st Trade : SL -7, TP +30
Status : SL HIT

2nd Trade : SL -44, TP +37
Status : TP HIT

Total pips : 30 pips


GBPUSD

Image

1st Trade : SL -15, TP +30
Status : SL HIT

2nd Trade : SL -6, TP +45
Status : SL HIT

3rd Trade : SL -14, TP +51
Status : TP HIT

Total pips : 30 pips


USDCHF

Image


1st Trade : SL -3, TP +30
Status : SL HIT

2nd Trade : SL -5, TP +33
Status : TP HIT

Total pips : 30 pips


GBPJPY

Image

1st Trade : SL -26, TP +30
Status : TP HIT

2nd Trade : SL -5, TP +30
Status : SL HIT

3rd Trade : SL -26, TP +30
Status : SL HIT

4th Trade : SL -25, TP +30
Status : TP HIT

5th Trade : SL -40, TP +30
Status : TP HIT

Total pips : 61 pips


Any comments???
Never Ending Opportunities...even Superman can't stop me...

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
luminousneo
rank: 50+ posts
rank: 50+ posts
Posts: 57
Joined: Wed Feb 02, 2011 7:16 am
Reputation: 0
Gender: None specified

Postby luminousneo » Thu Feb 10, 2011 5:22 pm

Jalarupa wrote:@newark, I bet they thought this would be easy...

Netbook.... $200
Internet connection.... $50

Watching bonnie and clyde being called out on their BullSh1T...

PRICELESS!!!



Jalarupa,

this thread actually contains full of info but I don't think ur images suit here... u better remove it or else u will embarrassed yourself hehehe .... 2,000+ views now ... n more to come...
Never Ending Opportunities...even Superman can't stop me...

User avatar
newschool
rank: 150+ posts
rank: 150+ posts
Posts: 489
Joined: Fri Aug 21, 2009 2:26 am
Reputation: 0
Gender: Male

Postby newschool » Thu Feb 10, 2011 6:02 pm

MA cross trading? Holy s**t. Almost equal to the discovery of fire.

I did traded MAs however (2 years ago), and I do think they are the only "indicators" that can actually give an edge. But that edge was pretty small so yes I would prefer sell my advices than trade MAs.

User avatar
newark18
rank: 500+ posts
rank: 500+ posts
Posts: 515
Joined: Thu Mar 11, 2010 3:32 am
Reputation: 0
Real name: James
Gender: Male

Postby newark18 » Thu Feb 10, 2011 6:12 pm

Luminous,

You should have read the forum rules before you started posting. There are no squiggly lines allowed on our charts here.
Failure is an opportunity to learn.

Luckydragon
rank: <50 posts
rank: <50 posts
Posts: 5
Joined: Sun Jul 26, 2009 6:13 pm
Reputation: 0
Gender: Male

Postby Luckydragon » Thu Feb 10, 2011 8:10 pm

Come on guys, we should all be nice to one another. Anyone that is willing to give up their time to teach, to share deserves respect. Some have reached there goals but most are not there yet. It is a long road to success in trading, every bit of info could make us better traders.

User avatar
newark18
rank: 500+ posts
rank: 500+ posts
Posts: 515
Joined: Thu Mar 11, 2010 3:32 am
Reputation: 0
Real name: James
Gender: Male

Postby newark18 » Thu Feb 10, 2011 8:40 pm

Luckydragon wrote:Come on guys, we should all be nice to one another. Anyone that is willing to give up their time to teach, to share deserves respect. Some have reached there goals but most are not there yet. It is a long road to success in trading, every bit of info could make us better traders.


I am not being mean (well, I am a little) but there is really an unspoken understanding that we don't use squiggly lines to determine entry.

And I can't help my reaction to Nikita. She is just so personable, I just want to pinch her cheeks!
Failure is an opportunity to learn.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “strategy trading & money management”