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Alright so spent the better part of the day trying to figure out the best plan of action after the disaster this morning. I can quite easily close my short EUR position and take the -80 pip loss and be flat for the week, however, since I am bearish on the EUR I can just keep it using size...

Question: How do you take a +93 pip trade that goes your way and turn it into a -110 pip loser? Answer: Put in a stop to protect yourself, a limit to take profit and go to work. Then let the market give it to you all day long while you watch unable to do anything. After one stop out last...

Sorry for the delay in posting this afternoon I had a lot of work to do. Yesterday I had one buy signal which wasnt executed due to a disconnected internet. However, I traded the signal when i came back home on my own. Today we had one sell signal which i just closed out manually since it the...

So all bullish bias has quickly been erased this morning. I had just started to get used to the dollar falling like a rock everytime Big Ben opens his mouth. Anyway, I would love to stagger some shorts every 100 pips up and make a killing right about now but since I swore off wild trades we will...

That would only happen if that individual held the options to expiration. He could just as easily sell them tomorrow if LEH falls another 10% at a premium of 3 or something doubling his money in 24 hours.

Last night we saw a move strong move higher in EURUSD. If it holds up at these levels it would support further bullish sentiment. I had another discretionary long last night from 1.5543 to 1.5590. I will post my blotter when I get home from work. Total pips: +47 Acct Val: 3619

This weekend I read some articles on pivot points and decided to play around with them. I put on some trades last night, prog was off and I missed one stop out of -30 pips. I bought 25K at 1.5562 and another at 1.5550 on a buy stop. I used pivot points to place a limit order at 1.5590...

I made a mistake for the calculation of the pips generated by my signals, the last trade would not have been +60 but +47 so my total would not be 80 but +67 pips. Since I actually captured 60 this is quite close to perfect program trading.

Last night was an exercise in retardation trading. After my long signal was stopped out, I bought EUR again since the quick snap back in the first bar of selling indicated nothing more than a shake out, but I got stopped out again. Finally after two consecutive stop outs I bought a third time...

Yeah one of the simplest is a MA crossover system where you get a buy signal when short MA crosses long. Those dont work because they are way too slow, although with some functions to filter its signals, and some position size management you can prob get those to work too. In principle I tend...

Alright I know I am being secretive but you should know not to ask a trader his system. I would gladly tell everyone what it is if it was very complicated and involded a billion formulas that no one could decipher in a million years. I am not the only creater of the prog and my business...

Here are some more 30 min signals

wow euro is falling like a rock, I expected selling but not without some kind of retracements. from this weakness it looks like we may see 1.500 before 1.600 but as to what its gonna do next i have no idea. predictably my last long did not work yet again, but i am getting used to that, but i...

Now for the nitty gritty of the trades: I find it funny how I look back and was able to call a steep drop in EUR on FRI and now its nearly 300 pips lower and my account is still the about the same HAHAHA. But I am not gonna complain about being even and small profits when I know first hand...

For the last two days every night i seem to be going to bed with a nice long working for me and every morning i get up for work to some insane selloff during the night LOL. Luckily during the days my shorts are working for a profit HAHA. Last night I had a 60 pip profit dissolve to -22 loss, and...

Nice trade Mr Black, I was prob short that, on the 30 min time frame lol,Sorry for the delay in response but I moved to start a new job and had been busy with that. My prog hasnt been fixed yet, although it prob will be by the end of the week. Nonetheless I placed trades roughly corresponding...

The other thing i neglected to mention about the time frames is this, you have to look at what you are capturing on a certain time frame and how much you are risking for that. On 15 min I am capturing at most 150 or so pips at best case scenario and risking 25 per stop out. But on 30 min I can...

Absolutely true, however once trends develop on slightly larger timescales they tend to have more follow-through than small time scales where pure randomness can start throwing off results. Originally, my prog was made to run either 30 min or 1 hour charts, but on eur.usd it can even run on 15...

Traded 30 min signal yesterday: LONG @ 5:30 PM @ 1.5730 (-30) Stopped out at 3:00 AM @ 1.5700 pips: -30 acct 3235 PnL for the week= 0, 0% return Overall a crappy week, I think I missed some good opportunities, I have higher expectations for next week as the euro looks to resume a...

I just wanted to post some 30 and 15 min signals generated this week.