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- shodd replied Nov 22, 2009
Have you reduced your stop size (and therefore increased your load) en0x? This will of course change your % return.....
System 2 (AUD trading)
- shodd replied Nov 22, 2009
Hi John - on most platforms you will and it's a direct result of lower than normal liquidity slash volume today. On my setup it's not that much different however, so it does depend on your broker.
System 2 (AUD trading)
- shodd replied Nov 22, 2009
Hi Potato, normally it's a smooth mover which can make trading it easier on your psych. You do need to (IMO) lower your expectations in terms of pips lost and won however as it does not have the range that the Euro has.
System 2 (AUD trading)
- shodd replied Nov 22, 2009
Morning folks. Just a quick note to remind the rest of you AUD tragics that it's a bank holiday in Japan today and to be extra nimble.
System 2 (AUD trading)
- shodd replied Nov 20, 2009
Another very good Asian session for the AUD today folks. Hope you all caught a few.
System 2 (AUD trading)
- shodd replied Nov 19, 2009
Thanks for your words, fx. Much appreciated. AUD has been good today, may not be tomorrow, but we shall see.
System 2 (AUD trading)
- shodd replied Nov 18, 2009
I am a little concerned that reporting my trades here will cloud the view of others. Like I said, I handle trade management slightly differently - so for the time being I might keep quiet on this front. Will still be around to talk concepts though.
System 2 (AUD trading)
- shodd replied Nov 18, 2009
Euro holding below 50 atm which is good. Aussie just broke the low of the 11:10 bar so also positive. Hang tight but be nimble. I'll be out on a breach of 76, so 6 in the can guaranteed
System 2 (AUD trading)
- shodd replied Nov 18, 2009
Yen and Euro down after Tokyo open which suggests that USD is driving this move (as per usual really). Euro is at 50 at the moment, which is causing the other 2 pairs to stutter. Be nimble...
System 2 (AUD trading)
- shodd replied Nov 18, 2009
LOL not quite
System 2 (AUD trading)I like AUD for this approach, but there's no way I would scalp her... Do some backtesting with smaller SL and increased load. You might be surprised.
- shodd replied Nov 18, 2009
OK, I am in 2 minds about posting the below, as it may confuse or cloud the issue for some. But I'll post it anyway and if people find it not appropriate I'll remove it.... en0x asked earlier whether I target or exit based on price action. The ...
System 2 (AUD trading)
- shodd replied Nov 18, 2009
Have to go out for a bit. Will answer in detail later tonight.
System 2 (AUD trading)
- shodd replied Nov 17, 2009
Hi folks, en0x just pointed me in this direction, hope to contribute a little to the discussion. 1 trade for today - IN - 0.9295 OUT - 0.9276 + 19 Happy to field questions if you have them.
System 2 (AUD trading)
- shodd replied Nov 17, 2009
en0x - I have been trading the AUD using this methodology (but not for that long). I wasn't aware that there was a thread for this pair, but now that I know I'll pop on over and contribute to the discussion
The System II (Yes with irony)John - Outside of the transition from ...
- shodd replied Nov 17, 2009
Further to the above...... yes it's certainly feasible to trade EUR/USD during the asian session, but I would wait for a qualifying swing to occur after Tokyo opens. This strategy will help preserve your capital
The System II (Yes with irony)