Archive for Trading Room Results
Welcome to another Friday, traders. We’ve seen a little bit of everything this week but the end result is another week of over 100 pips profit – and that’s awesome whichever way you look at it.
The last stop for this trading week was London. After some rough times yesterday, I decided to observe during Asia and trade the later session. That decision paid off, with both trades called running smoothly to a combined +80 pips. AUD/JPY was the Trade of the Day, securing 50 pips in around 3.5 hours. EUR/USD was in hurry to reach its 30 pip target, doing so in only 45 minutes.
There’s 1 more week left in August and realistically I’m looking at passing the +3,000 pips milestone in September – but this month has been terrific and any result over 500 pips would be fantastic at any time of the year.
See you all again next week.
Ladies and Gentlemen, the DELTA Slow Trade is now live. All Pro traders have the full complement of charts and the trading plan required to call the new signal. The forward test confirmation during June returned 4 winning trades from 5 signals indicated in the room. A great result considering it was a very quiet month in the market. The total Nett ROI for this signal alone in June was 32%. The DELTA Slow chart will be on display in the EMINI EURO Cash Market and the Pro traders will expand the chart when the signal is preparing to confirm. SMS alerts will now be sent out for all Delta Slow Trades as they prepare to confirm and will include the word DELTA. I will send a summary of all June trades early next week.
On the standard signal set front, some great trading opportunities last night produced another 8% return out of the Euro EMINI Cash Market. Yoav called a series of signals and managed them with exceptional skill, well done Yoav. Coupled with this, the refined Continuation Signal (in its final stage of introduction into the rooms this month) has produced 16% ROI already. Signal development is full steam ahead and I think these results are just a sign of the amazing things to come. Please click the link below to watch the Trade of The Day Video for 8 July 2010.
http://www.youtube.com/watch?v=sph2wA48vDg
Thank you for your time and have a great trading day.
Lachlan.
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Hi traders. We’re at the end of another week – and I’m happy to say that I’ve salvaged what was a bad start to the week. I didn’t quite get back to break-even… but I’m close enough to be able to feel quite pleased about the last 2 days of trading.
I started the day at the end of the Asia session, when the “set and forget” trades had been sent by SMS. Having remembered the profit made yesterday on EUR/JPY, I was keen to see what the Yen pairs were up to today. I noted that they had been rising, against expectation, during Asia and this had meant the targets for the S&F trades were large. I entered these trades, rather than waiting for the start of London.
I was very surprised when the S&F trades both reached their -70 pip stop-outs quite quickly… because the Yen pairs were still on the way up… so I decided to specifically watch EUR/JPY and GBP/JPY, to the exclusion of all else… as I was sure that both these pairs were set to drop dramatically. I picked my entry points at 100 pips ABOVE where the S&F trades had closed, aiming to make 300 pips on each. My entries turned out to be perfectly placed. GJ started to drop almost instantly.
Needless to say… I was happy.
The end result was a beautiful 300 pips on GJ. EJ never quite followed with the speed of GJ. I was a little disappointed with EJ, as it looked like it would also make its way to +300… but hit its most profitable point at +185 pips, before falling back to the entry point and closing. At that point, I was happy that I chose to move my stop to break-even when my profit was at +150.
So… that’s the week done and in the book. I feel as though I’ve taken significant steps towards becoming an independent trader, with some educated decisions paying dividends in the last 2 days. I hope you all have great weekends and may your football teams have victories… unless they happen to be playing my teams… in which case… sorry.
Weekly Performance = -19 pips
Total for 2010 = +714 pips
Hey traders.
Well, as you can see by the figures below, I had a slightly positive day’s trading this Thursday. However, a result of +33 pips might seem an odd time for me to say that this was my best day as a trader so far… but it was.
The day finished with 5 profitable trades from 11 entries – which is a huge amount of activity, given that I only traded the London session. The reason for that is the pairing of “EJ” or EUR/JPY. I entered 6 individual positions on this pair and eventually made my profit, after refusing to allow a few stop-outs to sway me from my belief that this pair was going to drop significantly, based on what I understood I was seeing in the charts.
The feeling of hitting that final 100 pip profit target was absolutely fantastic and the fact that it put me ahead of the room for that session was a nice bonus. As I am now in my 5th month as a forex trader, I’m pleased that I am starting to identify opportunities like this one and I’m feeling more confident in my ability overall.
See you tomorrow, for the final dash into the weekend!
Weekly Performance = -179 pips
Total for 2010 = +554 pips
The less said about some days… the better. Today was one of those days, traders.
I elected to trade London and US sessions… and unfortunately had 6 of 7 trades stopped out. The one potential positive for the day seemed to be that the market is moving more readily than in recent months. It just happened that today the movement was in the wrong direction.
Fingers crossed that tomorrow is the start of a turnaround in fortune.
Weekly Performance = -212 pips
Total for 2010 = +521 pips
