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Trades closed

Right then, some closes and changes

GBPUSD closed on stop @1.4620 for +241
USDCHF closed on stop @ 1.0720 for +257

audusd stop moved to 0.6826 (risk 100 pips)


Closed Results +3931 Pips since Oct 23rd 2008.
This Month +1357 Pips on closed trades

I think that closes 2008 :) a nice last two months of the year

Happy New Year for tomorrow and a prosperous one is wished for you

Stay Lucky

NEW TRADE

NEW TRADE SHORT USDJPY 90.25 100 PIP STOP

STOP MOVED GBPUSD TO 1.4620

Locking in some profit now on gbpusd, it doesnt seem to like the lower break as much as i had hoped, still, got to give it some room but this tightening might be a mistake.

usdjpy is a low risk trade with a possible 7 or 8 to 1 RR - then again might be crap :)

No other changes.

Enjoy your new years eve celebrations all :)

STOPS MOVE

stops moved as follows

usdchf stop moved to 1.0720
gbpusd stop moved to 1.4850
audusd stop remains at 0.6730

Closed Results +3433 Pips since Oct 23rd 2008.
This Month +859 Pips on closed trades

Note that i will not be marking to market on new years eve.

Anyone interested in Managed accounts under this method please contact me on here and leave your email address. I have three places available at the moment.

FYI

Cable short currently +190 and usdchf now +340 - leavin em to run, both have stops at break even.

Looking for cable to breach the lows for a good drop again soon but who knows? not me and i care less.

I'm off to enjoy the rest of Christmas now, catch you all soon. (hic!)

I had a question in the chat box that i thought deserved an answer in more depth - so here goes.

Tarrentino: Soul, very very interesting stuff in your blogs. I have spent the last three years messing about with automated system development but have yet to get the smooth equity curve we're all searching for. My systems worked well over 2-3 years but there was always one period which made the whole thing FUBAR. Got an article being published in e-Forex in Jan which you might find slightly interesting although there's nothing revolutionary. Are you an ex bank trader?


hi tarrentino - (your films suck by the way :) ) seriously tho, no, not a bank trader just a self taught trader but i have met with many bank traders and know the score.

Automated systems can work but i don't believe they will for retail traders over the long term - the mega players have them that win but they take very small wins that we can't get because of retail spreads - institutions have spreads as low as 0.1 pip and often zero - those people have automated systems.

There's also the calibre of programming tools at our disposal - Until we get some real artificial intelligence then i no longer believe that automated trading is a way to go - it worked for me for just over a year and then as you say FUBAR.

I dont think it's possible yet to programme a computer with the instinct that a trader has. I'm sure that in the future someone will prove me wrong, but as yet i've not seen it.

I actually now find trading so easy that I couldnt be bothered to automate it - trading is a numbers game - take enough of em and hold on to em when they win and you can't fail - all you need is time and money - both of which sadly most traders do not seem to possess. They want everything today in a hurry and don't have the funds to even trade with a long term conviction.

Trading is 'the long game' - that takes money and time. Thankfully I think that i've now found that out. I very rarely go below a daily chart anymore and that's where the real money is.

xmas eve

Stops moved to be on all positions, might close out before close of business today and call it quits for the year.

Catch ya later if i make changes, if not MERRY CHRISTMAS!





morning all, new week.

gbpusd kicked in, in the hole at the mo

NEW TRADE SHORT USDCHF @ 1.0997 sl 1.1235

NEW TRADE SHORT USDCAD @ 1.2155 sl 1.2255
Theres quite a few opportunities this morning but enough exposure at the mo.

Stay lucky

New Trade (order) Short GBPUSD at 1.4865 if seen - expiry xmas eve 6pm

new trade

NEW TRADE half position long audusd @0.6926 200 pip stop

that's it!

USDCHF closed at 1.0700 for +1070 pips - nice one.

it may well continue to bollock down now however i think there will be sufficient profit taking around here to hold it up.

My little punt didnt give it enough roon, c'est la vie' as they say so -33 on that one

I'm not sure i'm interested in any more trades this side of Christmas but keep checking, im scalping shorts on gbpusd this morning for fun but won't be making calls.

scores on the doors are:

Closed Results +3433 Pips since Oct 23rd 2008.

This Month +859 Pips on closed trades

stay lucky

punt

popping a punt on usdchf for the possible bounce also -

NEW TRADE long usdchf @ 1.0703 IF SEEN sl@ 1.0670 so only a 33 pip risk for a possible 600 pips ish trade if the bounce is significant. worth a punt if you ask me for a standard stake.

take profit level

Normally i dont do 'take profits' cos i believe that you let em run.

however this move is a bit off from the norm so i'm placing a take profit at 1.0700.

Reason ive chosen that level is from the september lows - there is almost bound to be a bounce back retrace there and then i'll be looking to get back in.

That will be yet another 1000+ pip trade though - see what i mean about waiting your time. its currently at 1.0800 at +960 pips and i dont normally visit the blog at this time of day, but i thought i'd post the take profit decided upon so no nobhead can say 'yes, its easy in hindsight' when in fact it's easy no matter what!

catch you in the morn

midweek

see, all good things come to those who wait!

usdchf now 600+ - 500 pip trailer is in place. lets see how far this will go.

of course chances are if you are an unseasoned trader you wouldnt have got this far - took your money early and spent the rest of this week kicking yourself.

another lesson then - patience is a virtue, especially in trading.

speak soon

new week

New week then - the usdchf order to short kicked in Friday afternoon and is now 50 up. stop is at 1.2030

Nothing else interesting - been doing some scalping on cable to get the account back up - did about 80 pips on Friday and -11 this morning but feel free to ignore those - no way i could call them live!

Nothing else looks any use long term so i'm hanging off for maybe till the new year - very busy this end - did i tell you i'm a radio DJ?

Anyway, catch you soon

GBPCAD failed - half position remember so -85 pips

Closed Results +2396 Pips since Oct 23rd 2008.

This Month -211 Pips on closed trades

this month is getting tedious - leaving the market for a few days.

have actually done a little short term trading this morning to get the account back up a bit but not listing them here cos not real time.

catch you soon when the market begins to move again

shitstorm then - cad closed for the +33 pips, cadchf closed -146 pips, eurchf still running but looking a bit sick.

never mind.

Closed Results +2481 Pips since Oct 23rd 2008.

This Month -148 Pips on closed trades

nothing much interesting at the mo on the charts, 4 hour looks tempting for cable and might take a punt later when i'm out. also like this one

NEW TRADE shoirt gbpcad half position @ 1.8581 sl 1.8750

might be a fast one just to redress the balance for the month - cant see anything else.

Sunday night 7th dec 2008

ok, update, sorry couldnt do this on Friday but was busy as hell.

eurchf stop was moved to 1.5425 which was hit and taken out for -100 pips.

usdcad went to over +500 at one point so the trailing stop kicked in (500 pip trailer) - stop is currently 1.2507 locking in an amazing 33 pips lol.

so far the month has done fuck all worth bothering with. some will be saying - "yes, but if you had taken say 200 pips on each trade then you would be well up now" and yes, i would - but i dont trade that way - all i want is one good trade a month that makes say 1000 pips and i'm made - to find that one trade takes some shit shovelling.

so far weve had lots of minuses for a couple of hunreds and a few wins which matches em up

Closed Results +2594 Pips since Oct 23rd 2008.

This Month -35 Pips on closed trades

I dont sit here all day watching the markets - I have other businesses that i'm in to and so only trade for prob an hour a day and then just leave em alone.

Now, usdcad could go for new highs and properley break the top - i'll be having a good look in the next day or so and might start moving the stop up closer -0 lets see how it unfolds. currently +250

I note that it's now 87p for a euro - thanks a bunch Gordon Brown you fuckwit. he thinks that a weak pound will spur the recovery from imports - oi thicko!! they don't have any money abroad either you thick scottish twat!

anyway,

NEW TRADE SHORT CADCHF@0.9574 SL 0.9720 -nice low risk trade - retrace from the downtrend on friday leaving it at a clearly identifiable resistance level to short.

another interesting one - even tho i got stopped out of this on Friday im back in

EURCHF short from the open on @ 1.5529 and a 100 pip stop
- some serious resistance around here and i still see a downtrend so still worth a punt.

Nothing else interesting - stay lucky!

cad stop to break even

Thurs 4 dec 08

No change to existing trades, looks like cad is starting to move but i dont expect fast moves on this, might be in a week or so

got a funny feeling about usdchf - take a look at the monthly chart, it's actually a bearish pair overall on a retrace - interested to see if she breaks down so in anticipation im putting in an order at 1.7770 for short with an expiry next weekend.

there are a few more trades i'd like to take, however the market just doesnt 'look right' to me at the moment - i cant really find anything apart from nzdusd short that looks low risk and I just dont like looking at nzdusd at the mo.

so that'll do for now.

if you're thinking about shorting the pound then remember - sell the rumour buy the fact - i have a feeling this will be the play today and if i was around i'd buy cable just before noon with a tight stop - they are all expoecting another big drop - personally i dont think it will happen so a possible news fact trade there.

then again what the fuck do i know - just follow the money and you can't go wrong!

close

eurjpy closed at +130 on stop

new trade made yesterday but losing so i guess it's alright to post

short eurchf @1.5325 stop at 1.5450

That's it - market still skittish, not that interested at present

Closed Results +2694 Pips since Oct 23rd 2008.

new trade - long usdcad 1.2474 200 pip stop

stop change on eurjpy to 119.40

-130 on gbpaud remember tho was a half position so -65 pips - also it's a 65% pair so risk was very low.

Eurjpy stop moved to 120.30 now a bet to nothing. Dont normally move em so fast but it might just go retrace tomorrow - can always get back in again around 121.50

Closed Results +2564 Pips since Oct 23rd 2008.

Keep an eye on eurchf. a retrace back to 1.5350 or higher tomorrow will see me consider an entry short.

gbpaud now looks good to short following the retrace back 400 pips - almost guaranteeed to drop back down and test those lows again. hmmm, will consider.

nothing yet tho, speak tomorrow

another

ok, one more chancer then - half position on this as it's risk is higher

gbpaud long at 2.3600 stop at 2.3470

new chancer

fancy a chancer on eurjpy tonight so gone short @120.70

theres a few i fancy but the markets skittish so this will do for starters

no trades

EURAUD closed for -200 which might upset some people because at one point it was 300 up. Doesnt matter, as i said earlier you get periods of losers until the market takes off again but you have to give them the roiom they need under the current conditions you are operating in.

Lets not also forget that it's just a 66% pair (pip value is just65.90 per mio)

Nothing interests me now so i guess we might be settling here for the month

Closed Results +2629 Pips since Oct 23rd 2008.

That makes 1458 pips for November, That's a good month. 700 pips for me and 758 for the pot - always make sure you pay yourself, ive known traders with 1mio accounts that drive around in a battered ford and then go and lose a shitload - always take some out when you win.

Looking forward to December as it's often been a boom month.

Stay Lucky

gbpchf closed for +70 buggar! too close on that stop move, but market is a bit changeable

euraud still running, in profit as i write but could go either way yet - no changes

Nothing else interesting at all - going to sit on hands a while

Closed Results +2829 Pips since Oct 23rd 2008.

just a quickie this morning, stop on gbpchf moved to 1.8070

500 pip trailing stop applied to euraud.

have fun.

closes.

Ok, some closes now then

usdchf closed on stop at 1.2140 for +320 pips. not bad from what i thought would be really crap.

usdjpy closed on stop at 96.52 for +112, poor performance from that trade.

gbpaud closed on stop at 2.3270 for -261 pips.

audusd closed on stop at 6450 for +112 pips.

gbpchf is still running with a break even stop and my little chancer from earlier tonight isnt looking good but we will see.

Overall this changes the pip count by +283 on closed trades

Closed Results +2759 Pips since Oct 23rd 2008.

for the sake of this blog i count a pip as a pip - but something for you to think about is wether all pips are created equal (ask George Orwell lol), which they arent. for a true pip count one would have to calculate the pip based on pip value per contract.

I'll explain this to you. A pip on gbpusd is worth $100 for each $mio traded. However on usdchf the same contract is only worth $83.70 and on gbpaud the price is $63.50. to get a true pip count in value one would have to multiply the pips made by the per contract price - so for example 500 pips on gbpusd is 500 wheras 500 pips on euraud is actually only 325 pips (500 X 0.65) amd another example is that -261 you see above is really -170 - lol, that'll keep you happy for a while.

Don't worry, i'm not going to change the count for this blog, but it might make you think to check the pip value when calculating the risk you are taking - a 300 pip risk on euraud for example is equivalent to a 195 pip risk on cable.

Interesting eh?

Anyway, bit of turmoil expected in the next few days so i think i'll be playing things a little light for a while and may just stay out of the market till something really juicy comes along. Check back tomorrow night for any news.

Be Lucky.

lots closed today - full report later however

new trade, another low risk high reward trade - long euraud 1.9880 200 pip stop

just wanted to tell you - be back l8r tonight ot tomorrow morn

new week

stop moved tp break even on gbpchf

stop moved to 0.9652 on usdjpy

stop moved usdchf 1.2140

new trade, bit of a chancer for big reward. long gbpaud 2.3531 stop @2.3270. potential risk / reward around 8:1 or more.

thats it, good luck :)

Closed Results +2476 Pips since Oct 23rd 2008.

changes

A few changes then and a new trade

stop moved on usdchf to 1.2070


stop moved on usdjpy to 97.25

stop moved on audusd to 0.6450

USDCAD short order cancelled

NEW TRADE low risk stop - long gbpchf 1.8000 120 pip stop 1.7880

That's it for now :)

no changes

no changesto report. almost getting tempted back short into cable but think it may just be some up and down for a while so leaving alone.

swissy now making some headway at +300, usdjpy still lagging as is audusd - all in positive though. happy to sit on my hands for a while and advise the same.

update - taking profits

Ok, update time.

Cable closed on stop on both positions - this made +955 on one position and +565 on position two
a total of +1520 pips.

Closed Results +2476 Pips since Oct 23rd 2008.

Still running is USDCHF at +159 stop moving to 1.1870 to lock in some profit allbeit only a bit. Lets face it swissy has been shit.

Usdjpy still running also, moving stop on that to break even at 9764

audusd stop move to 0.6635.

everything looks ready to turn for a while so now holding back on new positions except for one - New order short USDCAD at 1.2080 IF SEEN 500 pips stop - order good till 7pm Friday.

everything else can wait a while

catch ya tomorrow

new week

Sunday night always a bit of a nail biter - will it gap? will it go my way?

well it didnt gap and all still going as expected.

usdcad still setting up for a potential 'fool me' trade, would need to drop from here and then go to 1.1300, long signal would be triggered at that level. - I'll explain it i it comes off next week.

It wouldnt suprise me this week if we did see more of the falling pound but you never know, cable is ready for some serious retracing back to 1.56 ish to test that level that stemmed the third fall. so would need some good news to make that happen. all the ellioticians are saying it was wave five, or is it the b move etc etc.

take my advice - all that is bollocks. just follow price and give it room. just learn to manage risk and forget the direction you want to choose - far too much time is spent on your 'system' or decision. learn to manage risk and you'll do ok.


So funny last week seeing Gordon Brown talk about tax cuts, the one man that made taking money out of your pocket without you knowing it asks for tax cuts - amazing!

Funny thing is he's going to borrow money to try to buy himself out of a recession. - another 20 billion or so to give you in tax cuts so you spend it - why not just not give it out and save it you fucking moron.

Let me ask you a question; if you were in a deep hole that was leaking shit from below that kept getting bigger and bigger - what would you need to get out? a bigger spade and some more digging so more shit an come in?

What a twat.

end of week

stop on cable moved now to 1.5025, swissy moved to break even cos it's shit. no other changes. all to run over thge weekend unless stops hit tonight.

have a good weekend all

update 2

wow what a day!

cable now dropping like a nutcase - 500 pip trail now in the same place on both positions. actually saw 1300+ pips on pos1 today and over 1000 on pos 2.

swissy looking crap still and usdjpy made a mean retrace. got a feeling that might die before morning as my stop is 9840. it came within 10 pips today.

hoping cable continues, stop currently 1.5063 on both positions. would think that cable is due a strong retrace but hey, dont catch a falling knife!

if nothing else happens now i've made my money for November and still two weeks to go. Fill ya boots as we say :)

no change on audusd

That's it, catch you soon.

update

Mornin'

Cable steaming ahead now - position 1 is +1105 pips, poition 2 +721 pips, both full positions. 500pip trailer is holdin the stop at 1.5320, bit too close for my liking really, would have preferred 1.5520 to stay above yesterdays range but then it was a large day. will leave the 500 trail in.


Swissy is holding up the rear tho not doing much, don't know sometimes why i bother with swissy but it's 106 up - not far enough to move the stop yet.

usdjpy finally made it's move also +230 as i write. stop remains at 98.40 so no locked in profit yet.

audusd now 160 up on yesterdays new position, stop moved to 0.6735.

that's it, nothing new i want to risk.

this then is typical of a daily chart trader - last week we lost a few hundred pips - cant remember how many but around 400-500 pips in several trades. then you find good ones and ride em like a cowboy on a bronco. cable has been in since the 3rd nov so 10 days already but remember that was my second bite at cable.

so my impressive +1400 in 2 days score went down to 900, but now looking at +2000 in open trades. Providing you trade small enough and manage your risk then you can make good money even at a few dollars a pip.

That's it, off for the day - hope you have luck.

Closed Results +956 Pips since Oct 23rd 2008.

Update

Just my luck, gbpchf kept going! ahh well, can't win em all.

Cable now making it's money on two positions. Pos 1 is +600 and pos 2 +200 if 1.5250 goes we should be in clover for a while. stops moved to 1.5890 and a 500 pip trailing stop activated.

usdjpy isnt doing what i expect tho still hanging onto it - at the mo going from plus to minus hourly but still biased shorty. in fact i like it a lot so still chance to get in if you arent - stop is moved to 99.60

Swissy (usdchf) kicked in and is now long for small + numbers, stop remains at same level of 1.1670

New trade short audusd at 6562 stop at 7060 - that will make or break today or tomorrow.

that's enough trades in but for info a few 'fool me' trades are starting to setup. usdcad looks a good candidate - first a lift to a lower high, then a drop to 1.1300 to pull the suckers in short and go long at that level - classic 'fool me' trade if the lower high forms. there are quite a few of these setting up at the mo.

That's it for now, good luck!

Results +956 Pips since Oct 23rd 2008.

all still chugging along.

close gbpchf @1.8500 +85 just dont like how it's going

new order on breakout

usdchf long @ 1.1820 if seen, stop at 1.1675

Results +956 Pips since Oct 23rd

fun time

ok, market beginning to make it's move so some trades to take

lets update whats running to start with

gbpusd - 2nd position now in so stop on all now at 1.6125. first position is almost 400 up but still nothing locked in on profit, hopefully tomorrow night can lock some in

gbpchf still short stop at 1.8829 so no profits locked yet

New Trade - USDJPY short @ 97.64 stop @ 101.25

That's enough running for now., very tempted to go short audjpy with a 350 pip stop so if youve nothing running you might like that one, nice 1000 pip target minimum at 3:1.

anyway, catch ya soon

mistake

not very often a mistake goes in my favor - didnt place the stop any trades so all still running.

no changes tonight

cable stop is 1.6425 and not 6125 as prev stated - the 6125 is on the new position if it kicks in @5590

sorry for the confusion

update

usdcad died so minus 100 on that one.

Cable went from +380 to -125 and now back again, this is the thing with longer term trading, especially in volatile times - you have to be able to ride the dragon sometimes.

I'm now moving the stop on cable to 1.6125 which reduces my risk to about 150 pips ish. I'm also going to place a second position on in the form of a breakout order so short gbpusd @1.5590 if seen

new trade also short gbpchf @1.8584, may also add to this position if 1.8320 is broken. stop is at 1.8750.

Results +871 Pips since Oct 23rd

ps, canx audusd order

update

cable off an running , currently +200

New order placed on audusd short if 0.6536 seen half position

taking a low risk long on usd cad with 100 pip stop from 1.1825 - potential is 12:1 rr so worth the risk.

chfjpy look interesting for a break below 8350 but got enough running now.

check back for update tomorrow

dead

euraud dead - minus 400 pips but half position so -200

Cumulitive Results +971 Pips since Oct 23rd

order placed to short cable at 1.5970, apart from that standing aside for a while

new trade

cable about to die i think but still there as i write

looking like returns to trend could be in so taking a half position long on euraud from 1.9215 with a 400 pip stop.

this is a low risk trade with upside potential of 1500 pips or more. good risk reward is the key to trading and staying in the game, as I said before I do have a fair few losers trrading this way but the winners far outweigh the losers.

there, cable dead at -200 as i write

Cumulitive Results +1171 Pips since Oct 23rd

new trade

Taking a flyer on cable long - just putting a toe in the water to see if things are truly turning.

Long at 1.6377 with a 200 pip stop at 1.6277

time for a retrace it may be but i'm not fully confident yet. a single trade may get the ball rolling if it is truly a turn around. tomorrow will tell - might be looking for something else if this turns good.

nothing doing

think i'll leaave it for a few days - market is in flux so nothing is a safe trade.

was tempted to short gbpchf with around a 200 pip stop but leaving it, everything looks to be retracing and possibly turning. Only need a few good trades a month to make a good living and october is taken care of so no rush.

Have fun

and the next

AUDCHF also gone now on stop

shorted 0.7793 closed at 0.7325 result 468 pips

Cumulitive Results +1371 Pips since Oct 23rd

all trades closed, nothing new remotely intresting as yet.

check back tomorrow

one down ...

one down then - EURAUD was taken out by 3 pips at the stop

entry 1.9277 stopped out 2.0180 result +903 pips

AUDCHF still running no change to stop

Cumulitive Results +903 Pips since Oct 23rd

sunday night

stops moved

audchf 0.7325

euraud 2.0180

no new trades

Stops move

Stops moving on both open positions then

AUDCHF is now +330 ish - stop moved to break even

EURAUD is now +730 stop moving to 1.9180 - still leaving around a 100 pip risk on this trade

the audcadI was observing has now started to move so will see where it sits tonight, a retrace back to 8300 by close will see me consider an entry.

Nice overnight trades running there.

Have a good day all :)

new trade

Ok, just taken a new trade - taking this one small because of the recent volatility on this pair - just $1 per pip.

Last time i took this two weeks ago it netted over $1500 at $1 a pip so worth doing.

Long EURAUD 1.9277 stop at 1.8880 - almost 400 pips. I think we will either see new highs or it will correct back down to the 1.81 area. 400 pips risk for a potential 2000+ pip gain means a 5:1 rr ratio.

lets see.

keeping an eye on audcad for a return to trend (short) as it's currently testing previous support around 0.8400. not taking it yet though, will watch tomorrow morning and tomorrow night.

2nd trade is short AUDCHF from 7793 stop 7925 target new lows. $2 per pip

PS, as you see these trades take shape you will see quite a few losers - but when they win they typically win big. all trade sizes mentioned are for a typical $10k account.

The market may be going into a flux state as i call it where it's undecided - at these times i typically take small positions just to get in the potential trades - if i get two or three losers then i'll sit back and wait a while.

You'll get used to these periods as we go on.

Fingers Crossed then.

Hi all

Hi everyone.

Seen a few questions around so thought i'd chat.

No, I have not blown my account however i did have a hard time for the last few months - heck if leahmans can die then what chance do we have eh?

I lost some accounts too (clients) but i did expect that and am sad that it happened.

Life goes on though I've pulled back in October creating a large gain but i'm not going to start harping on and telling you how much because it's pointless and no-one would believe it anyway.

Im now trading daily charts on longer term trades and have done very well. Im in several positions at the mo but won't tell you what they are as they are already running.

I will however from now on for a while post any new trades i take for your entertainment so keep an eye on the blog if you want a laugh.

I'm now in another business also completely removed from trading and that is taking up a lot of my time so daily charts are really the only way i can go.

I could never do them before because i was sat here all day and i'd just fiddle with trades. Now i'm not here i just take em at night around 11pm or in the morning around 7am and dont see them until the next check, they win or lose.

Anyway, time will tell as i'll report em here as we go on. Might be a while though because i'm in five trades as we stand.

catch you soon.

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Once you set up the goldminer1 & goldminer2 like above on the 1 hour chart or above you are looking for the signals which are as follows :


RED + PURPLE ARROW = SELL

BLUE + YELLOW ARROW = BUY



How you exit will be determined by which timeframe you are using, I suggest using the same TP and SL i.e 30 pips TP 30 pips SL



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Delta 7 Gains 21% for April!

The Delta 7 managed account has produced superb results for April 2008 continuing the account highs for another month.

March losses were smashed and a great gain on top - this often happens after losing months.

Expected shocks in the banking sector did not happen and as such we had smoother runs without opposing forces changing direction and shaking us out of trades.

The average gain of managed accounts this month under Delta 7 was 21% This would show as a gain of $21,000 on a standard 100k account. This gain is based on conservative leverage of just 3:1 which is within most clients comfort zone.

For 2008 the returns so far are 30.5 % gross compounded one of the best available in the forex sector

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For full information on the program or if you have specific questions then just contact me.

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skype: search for 'soultrader desktop'

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Managed Accounts - March

Before the managed accounts report just to let you know that there is now a voice chat room for serious traders who like a bit of company during the trading day. - hope to see some of you in there http://squawkbox.ivocalize.net/


A lot of people lost their shirts last month. Hedge funds crashing all over the place, Banks in meltdown, Bear stearns almost going to the wall etc and many traders have been unable to manage risk and are in big trouble.

Delta 7 made a small loss in March of around 7%. The volatility in the markets gave us trends to make money but that same volatility often triggered our safety stops. In a strong trend our stops remain untouched but these moves although strong also have opposite moves just as strong. as such we were unable to ride these trends and instead opted for safety and avoid excessive loss.

This is the first loss on Delta 7 since May 2007 and so is not to be viewed as a system problem.


2004

2005

2006

2007

2008

J


2.0

-2.7

9.3

6.7

F


-7.2

12.0

-3.4

7.7

M


12.4

9.1

-10.3

-6.1

A


6.3

10.6

-1.6


M


-6.1

22.7

-7.0


J


-2.1

3.3

0.3


J


22

13.9

0.6


A

3.2

1.8

-4

9.8


S

13.5

10.3

11.3

11.8


O

5.1

-6.3

13.8

0


N

1.4

6.6

9.1

7.6


D

9.0

5.0

-11.1

5.6


Tot

36.4

49.8

126.8

22.3

7.9

Figures above based on 3:1 leverage.
Leverage can be customised to fit client risk appetite for an illustration
of various risk levels please email



Please email me managed@simpleforexsystems.com for full details should you be interested in managed accounts.

Managed Forex Accounts Update

Sorry for the lack of updates of late. Just been so busy with stuff like signing up with a new capital management company in the states etc.

Account wise i didnt do so well in the back end of 2007 - there were no large losses or anything, just no good gainers. November had a single digit percentage loss and december had very small losses also.

Cyborg was not performing as expected and so I took the decision to reccomend my clients to move the account onto my more successful and sedate Delta 7 programme before it eats away at the gains from August.

Delta 7 has much more historical trading and is my 'workhorse' trading method. Until recently i was tied to using this only with a single investment house in the USA but have since negotiated the right to place my own clients on the programme.

This past month Delta 7 produced 7.7% gain on the month which is about average for the method traded at a modest 3:1 leverage.

Please email me managed@simpleforexsystems.com for full details should you be interested in managed accounts.

"The Best" EA Series"

This is simply a continuation from The Ultimate Expert Advisor Gbpusd thread, except with my new EA's that are fresh out the oven to make crap loads of Pips!

Attached below are the EA's I have Optimized for these three currency pairs:
(These EA's are based on Straddle&Trail Series by YANNIS, I have only Optimized them for max Pips and customized them for my Personal Breakout Strategies that I am sharing with you all)

* WARNING: PLEASE BEWARE THAT MY EA'S PUT TOGETHER MAKE 42 PIPS PROFIT WORST CASE SCENARIO EVERY DAY AND 300 PIPS PROFIT BEST CASE SCENARIO *

-"The Best" is for EUR/JPY - Updated 3/1/2008
-"The Best 2" is for EUR/USD - Updated 3/1/2008
-"The Best 3" is for GBP/USD - Updated 3/1/2008
-"The Best 4" is for USD/CAD - NEW Created 3/1/2008


Download The Best EA Series

PETIT PIPS`-EA



Download PETIT PIPS`-EA

about DONATION

Now everyone can donate through PAYPAL and LR.
For PAYPAL,just click DONATION on the left sidebar.
Then put your donation/value.

For every donature above $35 will get some of the PAID TRADING SYSTEMS.
For more information contact YM ID : pham_nams

every little DONATION is helping this blog survive in the future..


regrads:
adry.fx

http://adry-fx.blogspot.com
http://free-forex-ebooks.blogspot.com

OZFX complited with ebook


Setup:

* Open up a daily chart on EUR/JPY.
* Apply Bill Willam’s Accelerator Oscillator (AC).
* Apply Stochastic with setting 5,3,3 on top of AC. Use the template if don’t know how to.
* Try and use demo MT4 from ODL securities. Every broker has different time when they start a new daily candle.
* ODL seems to have the time that works best. I only use their demo account for charts and place my trades on totally different broker.

Short Entry: RED AC below 0 and Stot below 0
Long Entry: Green AC above 0 and Stot above 0
Exit: OppsiteBuy/Sell signal or as per Money Management.
Filter: Apply 200SMA. If price is below 200SMA then only take short trades. If Price is above 200SMA then only take long trades.

Money Management:

* Trade with 5 Lots with Stop Loss 100 pips away
* Take Profit on 1st Lot at 50 pips. Move Stop Loss to Break Even (BE).
* Take Profit on 2nd Lot at 100 pips.
* Take Profit on 3rd Lot at 150 pips.
* Take Profit on 4th Lot at 200 pips.
* Let the 5th Lot run until you see an opposite entry signal.

The Risk/Reward ratio turns out to be 1:1 or better depending on your 5th Lot. Since we trade on daily and would only take
trades with high probability of success, 1:1 would work just fine.

If you choose to do back-testing then take special care for signals from late November to end of Dec. Low volume during this time
of the year creates wild swings.

My Challenge To You:
Spend 2 mins every day to analyze 8-10 of your favorite pairs. Demo it for 2-3 weeks and post the screen shots of your trades for everyone
to see and learn.

What’s In For Me?
It is time for me to Give Back. I learned a great deal from forums and thought there can’t be another way to share something that can make
us all a lot of money. Plus I hope to learn from others on how to improve this system.

Up Next:

* Advance Entry Signals
* Advance Stop Loss(SL) and Profit Taking(PT)
* What pairs to trade and what corresponding Stop Loss to use?
* What are other tradable Time Frames?
* Squeeze-More – An Intraday Strategy
* FAQ
* EA

Email Alerts:
You can also subscribe to free signals send out via email everyday around 7PM EST. Go Here

I’ll reveal more info about the system once I start to see more interest in this post from Forum members.

Cheers,
OzFx


Download OZFX complited with ebook

KG FIMOM



Download KG FIMOM

PERIODE CONVERTER

I. Features:
This is an improved version of period converter for MT4 based on the
MT4's default period converter by metaquotes.
The default period converter script do not support real-time refreshing,
and consume lots of CPU (50%-9x%) making the whole system slow.
Also, the default one is a script which do not save when you exit MT4,
so you have to apply every converter script again after restarting, quite
annoying.


II. How to use:
Copy the mq4 file to your MT4 indicators folder (experts\indicators)
to install it as an indicator, NOT script. then in the custom indicator
list, attach period_converter_opt to the chart you want.
It support 4 parameters:
PeriodMultiplier: new period multiplier factor, default is 2
UpdateInterval: update interval in milliseconds,
zero means update real-time. default is zero.
Enabled: You can disable it without remove it with this option.

Other parameters are comments or for debugging, it is safe to ignore them.

Also Make sure you have Allow Dll imports option checked in common tab or
it won't work

After that, File->Open Offline to open the generated offline data. then
the offline data will be updated automatically.

As long as you keep the source chart open and the converter indicator
running, the generated chart including indicators inside will always
be updated. also you can close the generated chart and open again
later from File->Open Offline without problem.

If you want to quit MT4, you can leave those offline chart as other
normal online charts. when you start MT4 next time, those charts will
also be loaded and updated.

--------------SEE INSIDE FOR FURTHER DETAILS-------------

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MSN Style Pop Alert!


Any trader knows the importance of the Alerts in any MQL4 program.
For instance: The 10 days moving average has been crossed the 80 days moving average upward! You have to buy now! You have to be alert!

What about the MSN Style Popup alert? Yes!
My new alert method is a MSN Style pop alert.

How to install the package:

The package contains 4 files and you have to put each of them in the proper folder:

Pop.exe and Popup.dll

You have to copy them to C: drive.

Pop.mqh

Copy this file to /experts/include folder.

Pop_Demo.mq4

This is a script to demonstrate how to use the program. Copy it to /experts/script folder.

Note: If you want to copy Pop.exe and Popup.dll to another folder and not the C: root you have to change the directory in the code of calling the Pop function.

How to use the program:

The script Pop_Demo.mq4 is an example of using the program.

To call the alert you use this line:

pop ( string msg , string installed_dir)

For example: if you installed Pop.exe and Popup.dll to C: drive and want to pop the text “Hi world!” you can use this line of code in your mql4 program:

pop (“Hi world!”, "c:");

This is the package, however, you have to be a user in www.metatrader.info to get the all the new tools and their updates.

Submitted by codersguru on Tue, 2006-03-14 18:25.

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Free MT4 Indicator for ya

Hi all,

I've got hold of lots of software for traders using Metatrader 4.

One in particular i've wrote myself :)

it's an info indicator - shows on the chart the swap rate long and short, the pip value per lot, the daily ranges, auto calculates the 2% rule and even gives the high and low for the day. I find it very useful.

If you would like a free copy of it and maybe some other stuff in the future then just send an email to forextraders 'at' getresponse.com sorry I cant give a link but the spambots pick em up like crazy.

OILFXPRO

TIME FRAME 1M CHARTS
Take profit 10 pips
stop loss 25 pips

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Universal MA Cross - EA

Common Setting :
-----------------
StopLoss (default 100)
Set your Stop Loss. Use 0 (zero) if you don't like to use Stop Loss ( not recommended ).

TakeProfit (default 200)
Set your Take Profit. Use 0 (zero) if you like to use open target.

Moving Average Setting :
------------------------
FastMAPeriod (default 10)
Fast Moving Average Period.

FastMAType (default EMA / 1)
Fast Moving Average Type 0:SMA 1:EMA 2:SMMA 3:LWMA

FastMAPrice (default Close / 0)
Fast Moving Average Applied Price 0:Close 1:Open 2:High 3:Low 4:Median 5:Typical 6:Weighted

ver.7.2 FastMAshift (default 0)
Fast Moving Average Shift

SlowMAPeriod (default 80)
Slow Moving Average Period.

SlowMAType (default EMA / 1)
Slow Moving Average Type 0:SMA 1:EMA 2:SMMA 3:LWMA

SlowMAPrice (default Close / 0)
Slow Moving Average Applied Price 0:Close 1:Open 2:High 3:Low 4:Median 5:Typical 6:Weighted

ver.7.2 FastMAshift (default 0)
Slow Moving Average Shift


Minimum Cross Distance :
------------------------
ver.2 MinCrossDistance (default 0)
Set the pip distance between FastMA and SlowMA to be consider as a valid cross. Use 0 (zero) to disable this filter.

ver.7 MaxLookUp (default 1)
Set number of bar after the cross to keep checking on the entry condition in regards with the minimum distance between FastMA and SlowMA. Need MinCrosDistance > 0 to enable this feature. Use 0 (zero) to disable this feature.

Exit Setting :
-------------
StopAndReverse (default true)
If set to TRUE, will exit any trade and reverse position when signal change.

PureSAR (default false)
If set to TRUE, will use no Stop Loss - Take Profit - and Trailing Stop. This is always in play setting.

ver.7.2 ExitOnCross (default false)
If set to TRUE, will exit any trade if there is an opposite cross without consider any additional filter. So exit purely base on moving average cross.

Third MA Setting :
------------------
ver.5 UseThirdMA (default false)
If set to TRUE (and UseCounterTrend = FALSE), will only trade according to ThirdMA direction, above for BUY and below for SELL.

ver.5 UseCounterTrend (default false)
If set to TRUE will keep trade even if counter ThirdMA direction, but with different StopLoss and TakeProfit. Need UseThirdMA = TRUE to enable this feature.

ver.7 OnlyCounterTrend (default false)
If set to TRUE will set the EA only to trade counter trend trade, mean BUY if cross below ThirdMA and SELL if cross above ThirdMA. Need UseCounterTrend = TRUE to enable this feature.

ver.5 ThirdMAPeriod (defaul 100)
Third Moving Average Period.

ver.5 ThirdMAType (default EMA / 1)
Third Moving Average Type 0:SMA 1:EMA 2:SMMA 3:LWMA

ver.5 ThirdMAPrice (default Close / 0)
Third Moving Average Applied Price 0:Close 1:Open 2:High 3:Low 4:Median 5:Typical 6:Weighted

ver.7.2 ThridMAshift (default 0)
Third Moving Average Shift

ver.5 CTStopLoss (default 0)
Set your Stop Loss for CounterTrend trade. Use 0 (zero) if you don't like to use Stop Loss ( not recommended ).

ver.5 CTTakeProfit (default 0)
Set your Take Profit for CounterTrend trade. Use 0 (zero) if you like to use open target.

Lot and Money Management Setting :
------------------------------------
Lots (default 1)
Number of lot per trade.

MM (default false)
If set to TRUE, will use build in money management.

AccountIsMicro (default false)
If using Micro Account set this to TRUE.

Risk (default 10)
Use with MM = TRUE to set the risk per trade.

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ERGODIC system complited with e-books

Thumbs up Great System Documented

Hi,
I am going to show you a great methodology relatively easy to implement that we can collectively put together. The method is based on the Ergotic Candle Oscillator (ECO) as fully shown in the attached PDF #11. It was devised by Robert Krausz who based his trading ideas on WD Gann. It uses as an initial Stop Loss the HiLo activator shown in PDF #2. I have also attached the MT4 Ergotic Indicator that I have found in the Yahoo MT4 forum. This ECO needs a signal line added to it and it needs to be plotted as a Histogram as depicted in PDF#11. I have also attached detailed infor on the ECO in PDF#7.
I have hand backtested this in the Fibonacci Trader 4.0 and I get on EUR and GBP H1 a winrate of 65% and a PF of 2.60 reward to risk, which I consider a very good performace.

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TRO MULTI PAIRS


TRO MULTI PAIRS takes the work of codersguru and mladen to the next level.

The user can chose the pairs and time frames like mladen's TickWatcher AND they can specify which indicators to use like codersguru's Easy iCustom PLUS the user can specify colors and levels like most of the TRO indicators.

You can use any indicator that resides on your disk but you have to spell the name correctly and pass all of the parameters.

If you use the default settings, TRO SAK MULTIPAIRS is a pip scalping machine.

When the dots on M1 and M5 rows turn green, green, aqua; go long.

When the dots on M1 and M5 rows turn red, red, magenta; go short.

The $CDL column is the candle color.

The $MID column tell you if the price is above(green) or below(red) the previous candle's midpoint.

The $BIAS column tells you if you should be long(aqua) or short(magenta). Once you enter the trade, you can stay in the trade until the bias changes.

The Up, Eq, Dn count on the bottom simple totals up the number of dots that indicate up, equal or down. You can you this to determine the trend.

TRO SAK MULTIPAIRS is a true Swiss Army Knife type of indicator. The possibilities and combinations are endless. Use your imagination!

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JOIN THE DOT


Join the Dots.
Hi Folks

Please understand that this system makes money as a manual trading system and I have no wish to pay a coder to code one of my systems and then still make money from it.
If that offends anyone, so be it, but at least it has been said right up front.

This originated after following the Bouncing Pip Thread, found here, and not liking the fact that ZigZag called the shots. So I reversed the logic and placed the trend determination first and only then trade the "Bouncing Pip".

I am not going to discuss the management or exit of the trades, anyone who does code will have a good idea as to what type of exit strategy suits this entry strategy once they understand it and manual coders will choose to exit based on what they see when they see it, much the same way that I do. I exit based mostly on Gut and Vision, this cannot be written into an EA but I am happy discuss options that may or may not be good idea's?

The basics are this;
H4 chart, any pair, although I mostly trade only the EUR pairs manually.

Long Trades
When Mega Trend and Trend Histo are both blue, trade any Red dot that appears as soon as the dot appears, do not wait for the end of the candle.
Short Trades[/b]
When Mega Trend and Trend Histo are both Red, trade any Blue dot that appears as soon as the dot appears, do not wait for the end of the candle.
SL is usually 21 or 34, but I vary this depending on my perception of trend strength.

Float is on the chart purely as a visual confirmation, it has a fairly decent ability to pick final Highs and Lows, which helps when I want to load a trade with a few more lots than normal.

This is the basis of the system, please don't fire questions at me about trade management and closing of trades, I do not have the answers, I close on what I see, all I can tell you is that I almost never close the entire trade, but if Trend Histo changes to Yellow, I usually close out half the position and allow the balance to trail with a fixed TS.
The value of the TS is normally anything from 34 to 144 and based purely my perception of the strength of the trend.

Thanks
Wayne

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Hello...
Theres some ebooks upload at:
http://free-forex-ebooks.blogspot.com

ULTIMATE STOPLOSS
STAY WITH TREND
BRAIN VS MACHINES

and more ...
for more details please visit:
http://free-forex-ebooks.blogspot.com

regrads:

adry-fx

FLOAT


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TICK WATCHER


Tickwatcher
A kind of a scaner to monitor trends for multiple pairs and time frames

Columns :

1 & 2 : ADX
3 : Parabolic SAR
4 : Awesome oscillator

Version 2.0
Legend display
Mini accounts adjustment

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AMARNATH - trading systems



Hi all,

I hope those simple and lucid explanation with screen shot is suffice
to keep things simple but some times many questions always appears in
traders mind which is inevitable as i dont have too much time i
welcome email and will try to answer during weekend's about system
part or any issue related to trading.

i have upload required indicators and a template to 4shared virtual
folder just load it add template and enjoy riding pips and i wish
if some programmer have time and effort to create ea are most welcomed
and last but not least i recomm atleast till you feel comfortable
dont add loads of other indicators till this system fail :D which
is likely case in most of public system

amarfx@gmail.com

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Disclaimer: Use at own risk and i am not liable for whatsoever


HI - LOW

Highest high for an indicator
I am trying to find out how to calculate the highest high and lowest low values for an indicator over a period in MQL4.

For example:

Using amibroker (similar sor metastock) the formula would be as below to calculate the highest high of the 30 day moving average over the last 10 periods.

Highest high = HHV(MA(Close,30),10 )
I have tried using ArrayMaximum() but this returns the position and not the value of the highest value.
Also Highest() does not work with indicators.

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