Trading EUR/USD Daily Hi & Lo

Discussion in 'Forex' started by JSSPMK, Jan 12, 2010.

  1. JSSPMK

    JSSPMK

    I am quite tempted to switch next trade to GBP/USD, break the rules ;)
     
    #81     May 5, 2010
  2. Hey, you set the "rules'...just another market....

    NiN
     
    #82     May 5, 2010
  3. JSSPMK

    JSSPMK

    You are right!

    Next trade will be in Gbp/Usd. UK elections take place today, trade most likely be initiated later tonight or near midnight. Because Gbp is on the edge of a cliff right now I will up the ante by raising initial bet to £2 a pip.
     
    #83     May 6, 2010
  4. JSSPMK

    JSSPMK

    Short Gbp/Usd 1.5041 @ £2 per pip

    Reverse order 1.5171 @ £4 per pip

    Yesterday hi/lo range being used 1.5171-1.5066
     
    #84     May 6, 2010
  5. R U looking for 4781?


    NiN
     
    #85     May 6, 2010
  6. JSSPMK

    JSSPMK

    till I get a daily high taken out, the scope is huge on downside though.

    I am considering another route when a high gets taken out, not decided on it just yet.
     
    #86     May 6, 2010
  7. JSSPMK

    JSSPMK

    Covered 1.4554 +£974 (+487 pips)
     
    #87     May 14, 2010
  8. JSSPMK

    JSSPMK

    Next trade would be Eur/Aud starting with £2 per pip

    1.4035 - 1.3925 range
     
    #88     May 14, 2010
  9. JSSPMK

    JSSPMK

    Short 1.3922 @ £2 per pip

    Reverse order 1.4035 @ £4 per pip
     
    #89     May 14, 2010
  10. JSSPMK

    JSSPMK

    Current results:

    -85 pips/-£127.5 @ £1.50 per pip

    +355 pips/+£1,065 @ £3 per pip

    -120 pips/-£120 @ £1 per pip

    +277 pips/+£554 @ £2 per pip

    -165 pips/-£165 @ £1 per pip

    -117 pips/-£234 @ £2 per pip

    -172 pips/-£688 @£4 per pip

    -132 pips/-£1,056 @ £8 per pip

    -220 pips/-£3,520 @ £16 per pip

    +420 pips/+£13,440 @ £32 per pip

    +487 pips/+£974 @ £2 per pip

    Win/Loss: 36/64

    ROI: +50.61%
     
    #90     May 14, 2010