Member Info for Optimus

good luck if you short it Task

Hi Task ditto no set ups mainly due to the number of fundies coming out today ....... The next one when Powel testifies at 4 pm our time.. I went long on gold on the 13 00 hrs usd announcements and closed out at a small loss . I am now short on gold for the foreseeable future with a 22 points stop..Its a difficult day to trade due to fundies so im off out for a while .... Well done on your dax trade.............. Yes possible short off 200 dma on U cad but its looking also very bullish with loads of buying volume for me and me only i will wait to see if it pushes through it before I short it

Closed out all three AUD JPY for a few quid profit . There is a big AUD announcement at 12. 30 am and i don't want to be caught out.... GL all

yep

short on AUD JPY

Thanks Task, a good manual day is good for the brain and body even though it makes you knackered. I've done plenty myself.....Just got back from circuit training and hitting a pint....Will be checking charts soon but got to eat a curry first

Hi Task i am out of everything now ( before the Trump talks at 17 00hrs ) ..... £14 down on my last lot of pairs so not too bad as
£75 profit for the day. I hope you got out of your dax earlier when it was dropping but i ve just looked and its shooting up now GL all

just bank another £49 and will leave the rest to run ....... Ive not looked at the news re OZ fires ill take a look ( when i said EUR USD not performing I meant EUR GBP ) LOOKS like you might be ok on your DAX Task

Good morning Task i bank £40 in the middle of the night (on my phone) currently 75 up on my reamaining three pairs only one not performing is EUR USD

Imm in and out of palladium at break even its too crazy it jumps about too much

palladium is looking interesting, its turned so might be a trend shorting opportunity

Hi Task Just a thought which you probably already know if you are going to put /F/X on overnight you must get the trades on before 10 pm as the spreads go wild after 10 pm. I think they settle down a bit after 11 pm

short on AUD SGD Short on EUR GBP Short on AUD USD

Hi Task I take my hat off to. So very well done...I closed my GA last night in a loss...Today been out and about all day....Will be looking at some charts soon and will report

My other tactic is that I open at least two positions at the same time. I close one on my TP and let the other run and sometime keep it running.....Trends are where the money is (look at the daily candles) you can keep a position open for days if it's trending . Keep moving your stop down or use a trailing stop or close parts of the trade. It will bounce around a bit but every day it's gaining more value.

Hi Task as long as your system works for you that all that matters.. Ive developed really tight money management system as i cant afford to lose too much. My aim is consistency. I make profit every month, it doesn't have to be a lot as long as i am making it, its part of my income. I now only risk 2% of my trading accounts ( this protects your capital ) and i aim to make one & quarter to one & half percent per month off my trading capital, it doesn't sound a lot but you can work it out. Its 15 to 18 % PA its enough ,any thing over my target stays in for when i have drawdowns . From what i have figured out you dont even have to be a particularly a good trader to make it in F/X provided you have rock tight money management.
Im not to hot on journaling but i do write down in my diary when i make really stupid mistakes. Everything is always under review and it a continuing learning curve............ PS holding GBP AUD over the weekend

Hi Task well done on your gold positions!! I'm was getting a bit confused earlier my GU was 43 pips profit but i ran it across 3 platforms so its £129 ... my EU also across 3 platforms so that came to £84 but currently carrying a paper loss of £110 on AU....... so current profit for the day so far is £103.. this could change if AU shifts either way. Ive designed a spread sheet system on Excell which i now fill in daily to include divis my Trades P/F up and down movements etc.. I was loosing track of it all particularly as i hold open some F/X trades for a some time.. Also i put all the swaps in there as well. So its not really until the end of the month that i know what ive made or lost

will be back after tea. ...... been out all afternoon ............ but closed GBP USD for 82 pips closed EUR USD for 56 pips... leaving
GBP AUD running for a further drop

Task did you go short or long on GBP USD....................
Task i am working on GBP negativity on techs and the negative sentiment around the pound re election brexit etc so that why i might hold my GBP AUD into next week ( that is unless the USA session hits it hard and i get stopped out

HI Task im not doing any better my Gbp/ Aud short is currently 92 pips against me and i have a 155 pip stop on it. My Gbp/ Usd is doing nothing. My Eur /Usd short is 12 pips in profit . I will possibly carry the GBP AUD over the weekend unless i get stopped out.