Sunday, April 27, 2008

$837 Let profit run, run away...

On Friday, I made S$200, but I was not happy, why ? because I let profit run away , otherwise I will be $1000 today.
it should be
GBPUSD 50+50 $
EURUSD 100+50$
EURJPY 4000JPY
that is about 300USD= 400SD

Thursday, April 24, 2008

back to S$622

yesterday 7 trade forex 3win 4 lose + S$100


Simsci setup
old, Singapore time 9:30half hour high low +- 0.1 breakout, stop 1.5 profit 4, close at 4:45 pm.
Singapore time 9:10half hour high low +- 0.1 breakout, stop 1 profit 2, close at 4:50 pm.
Singapore time 2:30 half hour high low +- 0.1 breakout, stop 1 profit 2.4 , close at 4:40 pm.
Singapore time 9:20 half hour high low +- 0.1 breakout, stop 1.1 profit 2.4 , close at 12:20 pm.


EURUSD
UK 8:20-30 , 2hour , 4, stop 25, profit 100
UK 6:00-20 , 2hour , 4, stop 30, profit 50

Wednesday, April 23, 2008

From S$700 drop to S$500

EURUSD
UK 8:20, 1hour , 4, stop 26, profit 36
UK time 6:20, 2 hour +-4, stop 32, profit 36
UK time 8:50, 2 hour<80 +-4, stop 26, profit 36
UK 8:20, 1hour , 4, stop 26, profit 42
UK time 6:00-6:20, 3 hour +-4, stop 35, profit 50
UK time 8:00-8:20, 1-2 hour +-4, stop 25, profit 80
UK time 8:20, 2 hour<100 +-4, stop 25, profit 80 or 50

Tuesday, April 22, 2008

S$725 Now

GBPUSD
UK 6:00-6:20 1-2 hour<65, 4pip, stop 36, profit 50

EURJPY
UK time 6:00-6:20 2-3 hour +- 3pips break out, stop 40, profit 40

Today from S$395 to S$725 the highest point so far from as low as S$168.

Monday, April 21, 2008

USDJPY

USDJPY
UK time 8:00 or 8:40 1 hour +- 3pips break out, stop 35, profit 50

Friday, April 18, 2008

EUR/USD

EURUSD
UK 8:20, 1hour , 4, stop 26, profit 36
UK time 6:20, 2 hour +-4, stop 32, profit 36
UK time 8:50, 2 hour<80 +-4, stop 26, profit 36
UK 8:20, 1hour , 4, stop 26, profit 42
UK time 6:00-6:20, 3 hour +-4, stop 35, profit 50
UK time 8:00-8:20, 1-2 hour +-4, stop 25, profit 80

short trades also can.

Wednesday, April 16, 2008

Today's set up

Everyday I use the laterest data to run back test again for 1 month data,

sometimes also improve my oprogram

EURJPY

old :UK time 6:00-6:20 3 hour +- 4pips break out, stop 40, profit 40

UK time 5:00-5:10 2 hour +- 3pips break out, stop 40, profit 40

EURUSD

UK 8:20, 1hour , 4, stop 26, profit 36

UK time 6:20, 2 hour +-4, stop 32, profit 36

UK time 8:50, 2 hour<80>UK 8:20, 1hour , 4, stop 26, profit 42

UK 8:20, 1hour less 70 +-4, stop 25, profit 50

UK 6:00-6:20, 3 hour less 100 +-4, stop 35, profit 60

Equity curve

Yesterday my equity drop to S$220, then up to S$400 again. previous high was S$600

EURUSD

EURUSD
UK 8:20, 1hour , 4, stop 26, profit 36
UK time 6:20, 2 hour +-4, stop 32, profit 36
UK time 8:50, 2 hour<80 +-4, stop 26, profit 36
UK 8:20, 1hour , 4, stop 26, profit 42

Tuesday, April 15, 2008

EURJPY

EURJPYUK time 6:00-6:20 3 hour +- 4pips break out, stop 40, profit 40

Simsci setup

Singapore time 9:30
half hour high low +- 0.1 breakout, stop 1.4 profit 3.8, close at 4:45 pm.

Sunday, April 13, 2008

Trading is simple , but not easy

Last week the equity curve has been to S$600, but fail to keep it, now back to S$320 again.

1. should take profit at round number.
2. should use anti hedge to keep more profit. trail stop 50
3. when the trade come back, should pick it up again.
( lucky I did not pick it up, today monday it gap down 128 pips, my account will blow up, I will never keep a position over weekend )

Today's set up

GBP/USD
UK time, 6:00 am, 1hour highlow < 65 +- 4 pip, stop 36 profit 50

now buy stop at 19726
sell stop at 19688

SGX set up
Singapore time 9:30 half hour high low +- 1 break out, stop 13, profit 45
close at 4:20-35

buy stop 796
sell stop 784, now 3 cents in the money.

EURUSD
UK time 6:20, 2 hour +-4, stop 32, profit 36
UK time 8:50, 2 hour<80 +-4, stop 26, profit 36

EURJPY
UK time 8:00 1hour 3, stop 29, profit 30
yesterday just 0.7 pip it stoped out then back to my target, xxxx
change stop to 30!

Wednesday, April 9, 2008

Stop loss, let profit run $400

Yesterday I did not take profit at my target 36 pip, let it run until now, it make 100 pips, so my account back to $400 again.

EURUSD buy AT 15746, ADJUST STOP LOSS TO 15780 TO LOCK IN SOME PROFIT.

Tuesday, April 8, 2008

EURJPY

UK 8:00 gp3,stop 30, profit 32, 1hour

EURUSD

UK 8:20, 1hour , 4, stop 26, profit 36

GBPUSD

UK 6:00 1 hour<75, 4pip, stop 36, profit 48

or UK 8:20 , 3hour <55, stop 28, profit 48,

profit target

when set as 48 , it goes to 90, yesterday near 200.
if set higher like 52, it goes only 43.

equity curve

400-240-530-300-168-260-180-270-309-260-329

after so many days so many trade , still alive.

No commission, trade forex is so good.

otherwise if trade stock, already 0.

Sunday, April 6, 2008

EURUSD break out

8:55 UK time,1hour high low <70
pip +- 4
stop 30 profit 36

Trading setup 1, Daily GBPUSD Break Out

with the new day light time ,do the following adjustment
GBPUSD
London time 6:45 , 13:45 Singapore time
look at high , low of previous 120 minure.
only trade when H-L < 55
stop buy at high+ 6
stop sell at low -6
36 pip stop loss
52 pip take profit. or 45-50