TUE 24th MARCH 09

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TUE 24th MARCH 09

Post  Admin on Sun May 10, 2009 9:02 am

currently long on GY @ 140.88 lets see how this one play out.. My stop is 138.50 and target is 145.88..this could be the one...

Stop now at b\e +20 at 141.08 and total pips at £3 a point is +130 pips, almost £320 in the bag.


I Could guarantee that no one would have believed it could do 500 pips overnight....Techincals are just so beautiful...Still in trade currently total pips are +480....Total profit = £1440.. I am not coming out of this trade at this point... but simultaneously will not be placing any other trades...

As said earlier breakout trades is the only way forward.....

23/03/2009 WEB Sell 3 GBPJPY - ROLLING SPOT 140.88 4836385 144.7 +£1146


So Far so Good...am still in profit in my GY trade..Am looking to take profit...soon...by the looks of it
The Markets seems really confused..

Something is not right with the euro...trust me something is not right.....
My Plans today are to take my initial Investment of £1000 +£1000 as profit
Then We will be the free traders...haha


Well That was a quick 50 Step.. All trades have been completed..
And From now on I will only be posting Trades...As My challenge of consistency has been completed..
Any suggestions for new challenges would be welcome...

Please note I have to know 1 week in advance of any challenges.
Thanks for all your support

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Currently short on GY @ 144.80 with a stop @ 145.80 -Target is 143.80..Maximum loss is £300

Buy 2 GBPJPY - ROLLING SPOT 144.8 4834882 144.15 £130
Came out with +65 pips..that will do.....

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Next Trade after Dow opens.. Aiming for another 150 pips by close of today :-)

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Serial No Date Dealer Action Stake "Description " Opening Price Closing Serial Closing Price Profit/Loss
4835301 24/03/2009 WEB Buy 2 GBPJPY - ROLLING SPOT 144.15 4836385 143.99 £32
4835126 24/03/2009 WEB Sell -3 EURUSD - ROLLING SPOT 1.3503 4835176 1.3503 £0
4834997 24/03/2009 WEB Buy 2 GBPJPY - ROLLING SPOT 144.27 4835050 144.21 £12
4834448 24/03/2009 WEB Buy 2 GBPJPY - ROLLING SPOT 144.8 4834882 144.15 £130

Total Pips: +87 in the last 2 Hours..Honestly...my Patience was lagging...Next Trade

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I am planning to short GY and Gu at high's tonight.... 780 and 144.88 both will be achieved by DJ closing...My Reasons are I see the buying drying up mommentum is dying .DJ They have started wondering if the 500 point was the right move...just trying to hold on by the finger...

My Technicals are showing the same lets wait and see..
Please dont trade because I have said so ....this is a journal of thoughts...

Currently Will short Cable at 780 with a stop at 850 and short GBP\JPY at 144.84 with a stop at 145.84
Loss is 200 pips £ per point 2 Max Loss is £400

Good Luck if you are following the trades

Targets at least a 100 pips...on each trade
+ We go long for triple intrest wenesday tommorow at the lows....Get in...lol

UPDATE:

Please move your stops to break even if you have traded my trade....to +20 if you want...
I will move to b/e....

If you wish to take your profits do it now...I dont want any of you to loose...+45 pips at this stage
I am afraid...I will wait...for one or the other good luck...



I am gonna let the one outstanding position run to be or to 100 pips...
That it for any more trading for today...The Reason I am leaving this position in is because
4838002 24/03/2009 WEB Buy 2 GBPJPY - ROLLING SPOT 144.75 4838742 144.31 88

I had this trade as well...but from a lower level.....

Next Trade after Dow opens.. Aiming for another 150 pips by close of today :-)

Total Pips today I have lost count......But I think we are close to 700.....I am taking a break.....for now ....
I hope those who took the trade benefited from it remember slow and small wins the race...

UPDATE:

Trade has been closed.........
4838086 24/03/2009 WEB Buy 2 GBPJPY - ROLLING SPOT 144.92 4838984 144.08 +£168

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Afternoon Trading Results:
4838086 24/03/2009 WEB Buy 2 GBPJPY - ROLLING SPOT 144.92 4838984 144.08 +£168
4838002 24/03/2009 WEB Buy 2 GBPJPY - ROLLING SPOT 144.75 4838742 144.31 +£88
4837916 24/03/2009 WEB Buy 3 GBPUSD - ROLLING SPOT 1.4767 4837990 1.4763 +£12
4835301 24/03/2009 WEB Buy 2 GBPJPY - ROLLING SPOT 144.15 4836385 143.99 +£32
4835126 24/03/2009 WEB Sell -3 EURUSD - ROLLING SPOT 1.3503 4835176 1.3503 £0
4834997 24/03/2009 WEB Buy 2 GBPJPY - ROLLING SPOT 144.27 4835050 144.21 +£12
4834448 24/03/2009 WEB Buy 2 GBPJPY - ROLLING SPOT 144.8 4834882 144.15 +£130
Total Pips : +221.............I must say I am really happy..

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The Main thing that you will see in my trades is that I am trading £2.00 a point on GY..you may ask why it is because GY is a very Volatile Pair... So we need to be careful...Lessons to be learnt...See how I entered at the perfect price and higher less stress trust me.....I am not always right....Touch wood lol

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Important Factor in taking trades Means that you can only get in a trades 5 pips above or below the price you have decided to trade on...Even if you miss the trade it does not matter there will always be another trade....I never have 20 or 30 pips stops as I never want to be caught out by stop hunting...

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4839279 24/03/2009 WEB Sell -2 GBPJPY - ROLLING SPOT 143.64 4839295 143.81 +£34

Bought GY at support for a scalp...

Let see if this holds...Tonight is gonna be one lovely night
As just take the gy bounces........

UPDATE:

4839387 24/03/2009 WEB Sell -2 GBPJPY - ROLLING SPOT 143.74 4839494 143.44 -60

1st loss of the day......

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If GY goes anywhere near 145 I will short it just a heads up....Good Luck
My Thoughts
Tonight till Tommorow 11:00 Short
Tomorrow 11:00 to New york close Long
Short on Market close till Friday...

This is just thought it helps me trade...Lets see

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Dear All Traders,

I have recieved an email regarding the trades this is the last time I will be talking figures..on here I have just got my nightly contract statment...Here are the screen shots...if you look at my postings and my time..They match up to the TTTTT

After today I will just be talking pips....

By the way am still eyeing the 145 zone....GY lets see....Will let you know if I take the trade for now the metatrader alarms are on...

Here are the statements feel free to ask or query any profit that I have stated...

Good Luck All & Happy Trading




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