Trades of Dust
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Thread: Trades of Dust

  1. #1


    Here is a few things that I would like you to know:
    1. For the most part, my SL is my SL. I will not be integrating any tracking stops, shing my trade into BE, or other things others do to their SL in any way. This means that I will remain in a trade until either I quit out or I struck my profit target.

    2. I am establishing my risk reward ratio to consistently be about 4.5:1. Therefore I will also incorporate some type of a Martingale system as essential since I am safe to do so.

    3. My TP is dynamic, and so that is can change as market conditions dictate

    4. My trades will trigger using both limit and stop orders. The situations dictate which one I am to use.

    5. I trade just off the daily chart.

    6. I will try my best to help anyone become a more profitable trader.

    Enjoy Trading!

  2. #2
    Good Morning:

    Still holding my gbpnzd trade. At this time I am getting conflicting signals and rather than make a move I am simply going to transfer my SL and lock in a couple of pips or profit. I understand that lots of people like to climb and out of transactions, but for the record, I won't be doing this unless I change my mind and decide it is adventageous for me being a fantastic trader.

    I am going to put a buy stop on audusd. Trend is up, price is playing at the waves and what seems to have bounced off a few support. I really don't understand what's going to happen for this, and so I've a tight quit and will most likely be moving to b/e following a good number of pips have been added. Possibly looking at 1.0550 or some thing. I am not convinced it will head back to the peak of the channel.


    More later if anything materializes. Otherwise, it's time to enjoy my entire day, and that is precisely as I intend to do.

  3. #3
    Fantastic Morning:

    there's really nothing new to report now. I jumped the gun early with my audusd trade, but had an extremely tight stop and my trade did stop out. I had been thinking it might go back up, but it pushed itself right on through the wave.

    With that said, I have no entries today, but things are getting close and I am just waiting for a indiion that we are at the conclusion of a single swing and ready to begin a different one. A number of my levels have already been reached. Time is close, but it requires patience on the daily charts. Something I didn't reveal with my trade yesterday.

    I do not expect anything to happen now, except possibly a eurjpy trade from the 15M charts, but I am not going to post regarding exactly what I do there.

    My gbpnzd trade remains open with what seems to be room to head to the upside.

    Time to enjoy my daily life and not worry about watching charts. Enjoy yours!

  4. #4
    Good day:

    that I am going to keep it brief. I am long gbpusd and audusd. I am also looking long on eurusd and brief on usdcad. But, I am going to trade off the latter my renko charts so that I could incorporate a tighter sl.

    I believe for now, both these trades will get caught in the tide. Charts look equally as edible for eurusd and gbpusd.

    Appreciate!

    I shall post these two charts for the time being.




  5. #5
    I think there's still time for this gbpusd trade. Aussie dumped on me, but I have also entered now short auscad and lengthy eurusd. . It may be occurring and all with really tigt stops.

    Quote Originally Posted by ;
    Good evening:

    that I am going to keep it short. I am gbpusd and audusd. I'm also searching long on eurusd and short on usdcad. However, I will trade off the latter my renko charts so that I can incorporate a tighter sl.

    I think for now, both these trades will get caught in the wave. Charts look equally as edible for eurusd and gbpusd.

    Enjoy! ...

  6. #6
    Right now is a possible chance to buy the pound even lower with a tighter stop loss. We could be talking 25, 50, 75:1 odds here. It's a trading chance for me personally.

  7. #7
    Hello and decent evening:

    I know I started this thread to record a few of my transactions , and up until today I truly haven't done so. However, I have been moving forward with a coder to make for me a few custom tools that will make my general job of trading easier, I will only need to see where things go from here.

    My SL is set in stone and I won't move it. My TP however is dynamic and might change. I shall exit this trade only if my SL or my TP is struck. That is basically the exact same for all my trades from here on out.

    Nzdusd - Long @ .8175: SL @ .8125: TP @ .8415

    gbpnzd - My current lengthy commerce will shut @ 1.9760

    gbpchf - Long @ 1;5021: SL @ 1.4950: TP @ 1.5300

    eurgbp - Brief @ .8069: SL @ .8100: TP @ .7905

    Okay. That gets me currently captured upr for now. I have determined that at this time I'm not going to just place my stop/limit orders. If anyone has any questions about where I could enter a trade for a specific pair, I'll gladly let them know if I have a current order placed or at which order may be.

    Here is a chart for good measure:



    Enjoy trading!

  8. #8
    Here are a Few more entries to report:

    audchf: Long @ .9487: SL @ .9437: TP @ .9515

    euraud: Short @ 1.2738: SL @ 1.2793: TP @ 1.2453

    nzcchf: Long @ .7628: SL @ .7589: TP @ .7840

  9. #9
    Quote Originally Posted by ;

    gbpchf - Extended @ 1.5021: SL @ 1.4950: TP @ 1.5300
    This trade has hit its stop loss. I'm waiting for one more chance to enter Long and have set a stop order in anticipation of the moment.

    I also have entered another trade: I iwas a little late in this order and was hoping to be in about 50 pips higher, but I shut my eyses and missed it.

    eurnzd: Short @ 1.5785: SL @ 1.5920: TP @ 1.5480


  10. #10
    So far so good with my open trades. Some more have started as my last posting that I will most likely update my journal with, but just not right now. Closing out all trades right now would bank me 600 pips, but I am likely to be a tiny bit more covetous than that and declare that I need more. Not for the sake of wanting more, but because the market still has to provide me during this swing. In doing this I'll lose them all, but it's no matter, I am going to let me profits go, because I know that it will not occur every time.


    My trades are not supposed to be quick open and quick to close. I hope that my trades may be available for months prior to hitting their profit goal. In the mean time, my job is only to manage the trades that I have available, and set stops at proper places to enter into the market, a few trades on some pairs which are not yet open. This takes me around 15 minutes each evening.

    Incidentally, I re-opened my gbpchf trade which shut out early on the back and it's doing wonderfully so far. It just broke than my stop loss throughout the first pass.


    More afterwards and Happy Trading!

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