Search results

  1. S

    Day Trading the Forex for Profits...

    CHF JPY stopped out for 1% loss
  2. S

    Day Trading the Forex for Profits...

    CAD/JPY for only half percent risk, because of corrolation with chf/jpy. target 79.62 2nd target 79.52 stop 79.95
  3. S

    Day Trading the Forex for Profits...

    CAD/JPY short from 79.81
  4. S

    Day Trading the Forex for Profits...

    USD/CAD short from 1.0463
  5. S

    Day Trading the Forex for Profits...

    Initial target 82.40 2nd target 82.25 Stop 82.87 Risking 1%.
  6. S

    Day Trading the Forex for Profits...

    Short CHF/JPY at 82.68
  7. S

    Day Trading the Forex for Profits...

    Thanks Sam, and yes, i''m in california.... it's obviously not the envy of the trading world. I find volitility poor in Tokyo generally, although daily pivot points seem to get more respect there than any other time frame... especially with the majors and the yen pairs. I have traded...
  8. S

    Day Trading the Forex for Profits...

    Ya know, I HAVE considered it...not stocks per se, but the emini futures. However, I found that the U.S. markets are highly corrolated, so really if the ES moves, the mini dow often moves with it, as does the Nas, etc... The only one I find that pretty much dances all by itself is the...
  9. S

    Day Trading the Forex for Profits...

    Thanks for the congratz! As far as hours, I trade the worst hours in the world! 11 pm (1 hour before London opens) until 2 am, but will often watch a position until US open at 5 am. Real graveyard shift, but sometimes I'm done trading by 2 or 3 am, which is about 3 hours after London opens.
  10. S

    Day Trading the Forex for Profits...

    Sorry guys, that should have read above: EUR/CAD + EUR/JPY final position profit = approx. 0.90%, total profit for the evening was 3.2%
  11. S

    Day Trading the Forex for Profits...

    Final: EUR/CAD - stopped out at BE +7 pips for last quarter of position, pretty much a scratch EUR/JPY - hit final target, pulled in another 0.87%. Total profit on last target/stop for EUR/CAD = approx 0.90% Total profit for the session = approx 3.2%
  12. S

    Day Trading the Forex for Profits...

    And as far as what time frame I trade... I don't like to think of "time frames" I watch 3hr (oanda doesn't have 4hr) and 1hr primarily, I take entries off 15 min, or sometimes 5 min...even known to go down to a 10 second chart... But sometimes 30 min. but I always watch daily frames, and...
  13. S

    Day Trading the Forex for Profits...

    Peter...we trade the same way then. If you took the same trades as me... maybe I have you to thank you for pushing things a little my way ;) Background: been involved in the markets off an on for about 11 years now. Was a registered broker at one point 11 years ago, VERY short stint...
  14. S

    Day Trading the Forex for Profits...

    I generally risk between 0.75% and 1.5% per trade, but 80% of my trades are 1% risk. Most of the time, I take half my profit at 1:1 plus spread. I generally risk about 15 - 25 pips per trade, so I take half a percent profit at 15 - 25 pips target. I will let the rest run at my...
  15. S

    Day Trading the Forex for Profits...

    Peter, I typically use no more than 30:1. Generally, It's about 20:1. I use Oanda... not bad for trading tens of thousands... not sure how they will be at hundreds...but I'll see. If need be, I'll open an account with Dukascopy, or some other top level bank with a direct line to the...
  16. S

    Day Trading the Forex for Profits...

    Closed 1/4 of EUR/CAD position at approx 1.3275, increased profit by 0.75%, up approx 2.15%. Final quarter target on EUR/CAD at 1.3207 Stop at 1.3305 Final quarter target on EUR/JPY 106.60 stop at 107.15 Final total: remains to be seen. Guarantee: over 2.3% for the evening...
  17. S

    Day Trading the Forex for Profits...

    Joman...u trade FX? Discretionary or System? any other markets you trade? Greg
  18. S

    Day Trading the Forex for Profits...

    EUR/JPY 2nd target hit, up about 0.40% on that exit...up approx. 1.3% for the night. EUR/CAD stop moved to 1.3305, EUR/JPY stop moved to 107.15
  19. S

    Day Trading the Forex for Profits...

    EUR/CAD next target at 1.3270, final target at 1.3207. EUR/JPY next target 106.80, final target 106.55
  20. S

    Day Trading the Forex for Profits...

    2nd target hit on EUR/CAD, 0.42% profit... total profit today, up over 0.90%, and on paper another 1.3%. will see where it ends...but locked in 0.90% for the day.
Back
Top