Recent content by TraderGreg

Results of the strategy I described are in, and the profit graph is attached. How to interpret: - Each x-axis tick mark is a point when the EUR/USD hits a .0050 marker - A horizontal line means no execution for that point due to either it being an entry (no decided profit until closure)...

The study has been interesting so far. After about 30 trades, the first 10-15 netted about +400 pips (+8x risk) in chop and the 10-15 since have netted -1,050 pips (-21x risk) in the trending. I fully expect some variation of this strategy to be profitable to a very small extent, but clearly...

I'll post the results of my study once it's completed. It was doing very well in chop but getting killed in trending, as expected. Anyway, I wanted to post the findings of an Economics experiment at my university. The experiment goes like this: - bidders bid on a product of value...

Ok so this is great. I like experiments and this one can go very quickly, and I'm likely to learn a ton more than by taking 20-some positions over the course of over one year. I'm expecting to find that this strategy is not profitable, net of transaction costs. The reason for this would be...

I've become kind of bored with just taking positions, so I'm going to issue some market maker type orders and see what happens. These will not count toward my current performance, but I'll probably keep track of them separately. EUR/USD Bid at 1.3600 Ask at 1.3800 So here's how it will...

Citigroup, IMC Chicago, and a few others. Citigroup turned me down because I had an Econ internship instead of a finance internship and I haven't join any of the finance clubs at school (even though they don't do anything with trading). Here's the result of my trading assessment: - I'm not...

Ok so I was stopped out at 1.4184 GBP/CHF Result: + 29 pips = +0.06 risk points Record: 7 wins, 14 losses Cumulative risk points: -1.84 Avg: -0.09 I'm not going to enter any new trades until next week, for two reasons: (1) I have to make some key decisions regarding my trading...

I'm going to put a target at 1.4489, and a stop at 1.4184. Exit upon reaching either.

Sat through the shakeout with style. : ) Mission accomplished. Stop moved to 1.3996 for now.

Stop moved to 1.3823. Still hoping to wait through any shakeout.

In. Let's do this.

Long GBP/CHF Trigger: 1.4155 Stop: 1.3679 Target & Exit: 0.8617 Cancellation: @0.8940 or Tuesday 5:30 pm Risk: 476 pips = 3.36% of mark = 1.00 risk point Record: 6 wins, 14 losses Cumulative risk points: -1.90 Avg: -0.09 The stop on this trade is far larger than I would normally...

That was somewhat enlightening. Trades are back on my record from now on, although I see none at the moment.

Would you look at that! What a great trap on the AUD/USD. That price action confirms the value of playing contrarian PA signals as I have been attempting more recently in the thread. A decent reversed position on the EUR/JPY as well. Funny stuff. To reverse a trade I'd be more likely to...

I need some excitement, so I'm going to take a few market orders that are opposite of the direction I would normally play. This was suggested to me earlier in the thread. These next trades are OFF MY RECORD. Market short EUR/JPY and market short AUD/USD.