Thread: Little and Often Makes Much

Originally Posted by ;

Great work Aggie!

Thank you for the support Spud!

Originally Posted by ;

I would say maximum drawdown for me personally is 20%. Anything that makes me nervous. One of my mottos is Maintain what you got and add to it if you can.

I would also state a win ratio of 80 percent is quite great. I'd be pleased with 80 percent if that's a consistent number as opposed to trying for 85% one month and getting 60% the next. The further you push the envelope the more risk you open yourself up to.

Great advice on both counts... maybe I'll go for the 80% always... better to get great outcomes long term than stellar results short term...

Originally Posted by ;

How'd you set up that?

Hi Blueruby,

You can save unique profiles for each pair multitime framework.
It's quite simple to swith profiles with F5 button. See the picture posted for a good example. Hope it will help


P.S.
My compliments to AggieTrader! I am hoping that you continue like that

Good luck with your trading! So far as the philosophy small and often makes considerably... the exact same is true for options vendors. Looking forward to viewing your commerce results.

Hello AggieTrader

Though it's not my style of trading your results tell considerably. Outstanding!
Wish you all the best with it. Looking forward to following this thread. All the best.

Bill

Fozzy 8 RSI 8 SMA cross functions nicely on all time frames attempt that.

If you are not watching Traex's Harmonic Wave Journal you are missing out big time. Very profitable and persistent.

All the best.

Hello all,

Here is the most recent trade I've entered:

USD/JPY SHORT @ 112.58

I entered this transaction because:
4hr Stoch trending down, even though 8hr stoch indies there might be a drawdown on the way
15m,30m,1h and 2h stochs all heading down
EMA's series”pip room” onto 4h and 8h charts
RSI's display room for direction in commerce

I intend on exiting this trade once one of the following happens:

1. 10 pip profit reached
2. 2HR stoch reaches 20
3. 30M stoch crosses back and 1H reveals signs of reversing
4. Major tendency change in 4HR



OPEN POSISTIONS (Including preceding trades):

USD/JPY SHORT @ 112.58


CLOSED POSISTIONS (for week of May 27)

**NONE**


(From left to right: 15M, 30M, 1HR, 2HR, 4HR, 8HR)

Hello all,

Here is the latest trade I've CLOSED:

USD/JPY CLOSED SHORT @ 112.48

I entered this trade due:
4hr Stoch trending down, even though 8hr stoch suggests there could be a drawdown along the manner
15m,30m,1h and 2h stochs all going down
EMA's series”pip room” on 4h and 8h charts
RSI's display room for direction in commerce

I proposed on exiting this trade when one of the following happens:

1. 10 pip profit attained
2. 2HR stoch reaches 20
3. 30M stoch crosses back and 1H reveals signs of reversing
4. Major trend change in 4HR

I left this trade due:

1. 10 pip profit attained
2. Yeah... it probably has room south... but I am working on after my principles!


OPEN POSISTIONS (Including preceding trades):

*** NONE ***


CLOSED POSISTIONS (weekly of May 27)

USD/JPY SHORT @ 112.58, CLOSED SHORT @ 112.48 ( 10 pips)


(From left to right: 15M, 30M, 1HR, 2HR, 4HR, 8HR)

Hello all,

Here's the most recent trade I have entered:

EUR/USD LONG @ 1.3428

I entered this transaction because:
4hr Stoch trending up, although 8hr stoch suggests there may be a drawdown on the manner
15m,30m going up, 1 hr shows signals of turning
EMA's show”pip space” on 4h and 8h charts
RSI's show room for direction in trade

I intend on exiting this transaction when one of the following occurs:

1. 10 pip profit attained
2. 1HR stoch reaches 80
4. Major tendency change in 4HR



OPEN POSISTIONS (Including preceding transactions ):

EUR/USD LONG @ 1.3428


CLOSED POSISTIONS (weekly of May 27)

USD/JPY SHORT @ 112.58, CLOSED SHORT @ 112.48 ( 10 pips)


(From left to right: 5M, 15M, 30M, 1HR, 2HR, 4HR, 8HR)

Hello all,

Here is the latest trade I Have CLOSED:

EUR/USD OPENED LONG @ 1.3428
EUR/USD CLOSED LONG @ 1.3432


I entered this trade since:
4hr Stoch trending up, although 8hr stoch suggests there could be a drawdown along the manner
15m,30m going upward, 1 hr shows signs of turning
EMA's series”pip space” on 4h and 8h charts
RSI's show room for direction in commerce

I planned on departing this trade once one of these occurred:

1. 10 pip profit reached
2. 1HR stoch reaches 80
3. Major tendency change in 4HR

I really exited this trade because:

1. 1HR stoch crossed the 80.
2. Yes, there is more space here for northern move and I did not allow the 1HR close, but swaps are coming along with if you exchange little and often swaps can erase profits. J


OPEN POSISTIONS (Including above transactions ):

*** NONE ***


CLOSED POSISTIONS (weekly of May 27)

USD/JPY OPENED SHORT @ 112.58, CLOSED @ 112.48 ( 10 pips)
EUR/USD OPENED LONG @ 1.3428, CLOSED @ 1.3432 ( 4 pips)


(From left to right: 15M, 30M, 1HR, 2HR, 4HR, 8HR)

Originally Posted by ;

Don't mean to contradict you whatsoever, but I'd like to point something out. At no time during the day, at least on the Oanda platform, did USD/JPY reach 124. The range for the day was approximately 123.5 at around midnight... to approximately 122.8 in the low of the day. I can not do a screenshot (new O/S, do not know the way ) , but if you go to http://fxtrade.oanda.com you should be able to see about the 30 min chart the day's range.

Where do you receive your charting out of? Or is that?

Nice grab... thank you... it was a typo on my part... could have loved to really be brief 123.95!