Kenyuki's BuyZone Trading Blog

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Patch
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Postby Patch » Wed Oct 28, 2009 1:29 pm

Kenyuki

If you haven't read "Simple System" thread, it might be of help and interest to you. Carlos has been leaving dormant for a while.

http://kreslik.com/forums/viewtopic.php ... ple+system

Let me know what you learn.

Patch
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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Kenyuki
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Postby Kenyuki » Wed Oct 28, 2009 2:14 pm

Hello Patch,



Thank you. Is this somehow related to the BuyZone?

Like your signature said:
"Pick one method and one pair and stick with them until you master it. Quit method & pair hopping."

I'd rather stick to the BZ for now until I have enough (brain) space to learn something totally new again.

Cheers,
Ken.

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TheRumpledOne
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Postby TheRumpledOne » Wed Oct 28, 2009 7:34 pm

"What if I exit profitable trades when the price is stalling, and on the same time let my profits run, i.e. not limit the profit target to 6 pips only? "

No reason to limit your profits...

But if price is stalling, you may want to take all the pips you can.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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Kenyuki
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Postby Kenyuki » Thu Oct 29, 2009 6:45 am

600 trade:


Image


Longest trade so far... 41 minutes.
Short @ 1.63855, exit @ 1.63772

Total pips = 8

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Kenyuki
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Postby Kenyuki » Thu Oct 29, 2009 7:03 am

700 trade:


Image


Long @ 1.63873, exit @ 1.6395
Total pips = 8

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Horizon
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Postby Horizon » Thu Oct 29, 2009 7:20 am

It's great that you are putting these trades up Ken.
Good day at the office for you!
Horizon

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Kenyuki
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Postby Kenyuki » Thu Oct 29, 2009 8:05 am

800 trade:


Image


Long @ 1.64214, exit @ 1.6415
Total pips = -6

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Kenyuki
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Postby Kenyuki » Thu Oct 29, 2009 8:06 am

I am not trading on 30/10/2009

(have to leave home early)

Have a great weekend and see you at the next London open!

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Kenyuki
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Postby Kenyuki » Mon Nov 02, 2009 6:20 am

TheRumpledOne wrote:"What if I exit profitable trades when the price is stalling, and on the same time let my profits run, i.e. not limit the profit target to 6 pips only? "

No reason to limit your profits...


I have modified my trading rules a bit.

I have increased my TP to 10 pips, until I have figured out a way to enter orders with Stop Limit entries and stop loss without a fixed take profit.

TheRumpledOne wrote:But if price is stalling, you may want to take all the pips you can.


I will also be exiting trades earlier if the price is stalling instead of letting it get stopped out. No reason to take any chances.

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Kenyuki
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Postby Kenyuki » Mon Nov 02, 2009 6:21 am

600 trade:


Image

Long @ 1.64745, exit @ 1.64675

Total pips = -7

Did I tell you that I was exiting trades when the price stalls :roll: ?
I have no excuse for this mistake on this trade here except that I am being stupid and forgot about my new rule ](*,)

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