The long term trades are trying to shake out. With volatility in the stock, bond and futures market, many traders are uncertain. While the world wonders what will happen next, I am adjusting my trading process to fit the current times. While waiting for long term trends to continue, I am trying a methodology that is based on bracket trading for shorter term targets and profits. I will post the initial trades and adjustments as shown in the colors below. If you can figure out my methodology, more power to you. In the past month the methodology has worked great in intermediate trends and has be (more…)
Just to clarify again, the yellow shows changes. In other words we tightened our stops on two trades. The USD/CHF entry was a typo from yesterday, it was suppose to be 1.1030 entry limit long, similar to the other trades. Now if you had typed it the other way you would not have been entered in the trade. If you were following along, this is one to kill and not chase.
This system is built on creating numerous long and short positions on similar pairs and counter positions on specific currencies.
Some of the (more…)
Here they are, 24 hours later, 12 new trades, 10 exited trades from yesterday and 2 trades still open. If you have questions about how I am tracking them, please put it in the comments.
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stops and entries adjusted pre market open in the US (more…)
Just got back from NY late last night. To catch you up on the scalping methodology, we had some winners and some losers and we are back to about break even, rather than trying to catch up 5 trading days and 60 trades, we will start again with tonights. All of these are market orders to get us going. Just look at the hourly charts from roll over to determine that you haven’t moved too far from the daily roll over rate.
Here are the trades
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