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My real time forex trades
- Thread starter TMcKenna
- Start date
Quote from riskarb:
Great numbers! I can see you're doing well in these Scandi-markets, but do you find the vig worth the effort? Has you system translated into profits on the majors?
Hi Riskarb,
Yes, I think its worth it. I usually don't (over)trade much but just can't resist this eur/nok madness.
As far as profits on the majors, so far my first profitable year was 2004 +15%
then 2005 29% and so far 2006 up 34% if I don't screw up next two months. Average size of accont is 50-60K, I withdraw all profits at the end of the year (no compounding).
2002 and 2003 in red (paid my tuition)
I first started trading nok and sek few months ago.
Quote from TMcKenna:
Hi Riskarb,
Yes, I think its worth it. I usually don't (over)trade much but just can't resist this eur/nok madness.
As far as profits on the majors, so far my first profitable year was 2004 +15%
then 2005 29% and so far 2006 up 34% if I don't screw up next two months. Average size of accont is 50-60K, I withdraw all profits at the end of the year (no compounding).
2002 and 2003 in red (paid my tuition)
I first started trading nok and sek few months ago.
Excellent results. The vols certainly seem worth it. Have you traded any NOK barrier options with Oanda? Good luck.
Quote from TMcKenna:
Limit order filled overnight, bought one more lot at 1.2400
Avg. short now 1.2362,
I am very confident in this trade and will not use s/l
This was one of the best signals generated on short aud/nzd, the pair gradually dropped 1000 pips afterwards. Unfortunately I took profit too early. Friend of mine took the signal and closed few days ago for +800 pips.
Quote from TMcKenna:
Limit order filled overnight, bought one more lot at 1.2400
Avg. short now 1.2362,
I am very confident in this trade and will not use s/l
This was one of the best signals generated on short aud/nzd, the pair gradually dropped 1000 pips afterwards. Unfortunately I took profit too early. Friend of mine took the signal and closed few days ago for +800 pips.
If you scroll back through the journal, you will see few good trades on eur/jpy short and usd/cad long.
Quote from riskarb:
Excellent results. The vols certainly seem worth it. Have you traded any NOK barrier options with Oanda? Good luck.
No, I haven't. I do not have sufficient knowledge about options.
I have read some of your journals and options appear to be something beyond my reach, although I read every post.
I was able to understand what were you doing when you sold or bought currencies.
Quote from TMcKenna:
No, I haven't. I do not have sufficient knowledge about options.
I have read some of your journals and options appear to be something beyond my reach, although I read every post.
I was able to understand what were you doing when you sold or bought currencies.
I'll send some chart setups suitable for barrier-trades.