Thread: Longer Term Trades

Summary
2012 April 04 - Mai 28
Starting Date 2012 April 04, Deposits: 2'350.94$
Actual: 2012 Mai 28, Equity: 2'894.71$, Profit: 533.11$, ( 22.5%, Basis: 2'361.60$),

NZDJPY, Weekly, 2012 Mai 29

Extended @ 60.38, Goal @ 63.40

PO Extended @ 58.50, Goal @ 65.00

___
PO = Pending Order

Shocking performance, Cube!

Originally Posted by ;

Summary
2012 April 04 - Mai 28
Beginning Date 2012 April 04, Deposits: 2'350.94$
Actual: 2012 Mai 28, Equity: 2'894.71$, Profit: 533.11$, ( 22.5%, Basis: 2'361.60$),

Um, PO long appears safer.

If I enter long now, should not I use 59 as the stoploss?

Originally Posted by ;

NZDJPY, Weekly, 2012 Mai 29

Extended @ 60.38, Target @ 63.40

PO Extended @ 58.50, Target @ 65.00

___
PO = Pending Order

Originally Posted by ;

um, PO long appears safer.

If I enter long today, should not I use 59 because the stoploss?

#25

Hello charvo!
You could do it. It's a matter of Money-Management and Risktolerance. I go at the market with 0.02 Lot often and once the price has gone in the counterpart management I proceed with the subsequent 0.02 lot size in the market and counterbalnce with LOM in the meantime.
Kindest regards
FXcube

___
LOM = Reduction Order Management

Originally Posted by ;

... So, just how much drawdown/ and time prior to getting into profit do you encounter,...?

#9

Normally 200-500 Pips drawdown, in case my money management is right (0.02 - 0.05 lot) and I have counterbalances part of the loss with LOM.
FXcube

___
LOM = Reduction Order Management

Originally Posted by ;

.. .how long do you maintain your trades? ...

#9

2-8 weeks in an average, Carry Trades longer.
FXcube

Originally Posted by ;

... what's your departure egy...

#9

An easy Daily, Weekly (or Monthly) CCI-Top predominantly in combination with some support and resistance levels.
FXcube

GBPUSD, Daily, 2012 Mai 30
GBPUSD, Weekly, 2012 Mai 30
See also #31

Extended @ 1.5615, Goal @ 1.6000

PO Extended @ 1.5350, Goal @ 1.6250

___
PO = Pending Order

GBPUSD, Monthly, 2012 Mai 30