Comments for Forex Trading Blog | Free Forex Signals http://forex.firepips.com Fri, 12 Mar 2010 14:42:46 +0000 http://wordpress.org/?v=2.9.1 hourly 1 Comment on +665 Pips | Forex Signals 10th & 11th Mar by Dave http://forex.firepips.com/2010/03/10/currency-trading/comment-page-1/#comment-2540 Dave Fri, 12 Mar 2010 14:42:46 +0000 http://forex.firepips.com/?p=1140#comment-2540 Hi Firepips, firstly thank you for providing the service that you do. If you don’t mind I have a suggestion to improve it? You say you’ve managed to avoid some losing trades by using your own judgement this week, so well done for that but you have also missed some good winners. If you had posted the buy signal for CAD/JPY @ 88.30 yesterday (16.00 bar) which has now hit 8950 3rd target you would be 240 pips in profit. Did you not post it because the pair has lost 405 pips so far this week and caused a psychological block on trading it? I know you gave up trading GBP/USD because it gave some losses one week but it has given up 300 pips on the first sell signal of the week hitting all 3 targets and also hit 1st target on the 2nd signal of the week and has hit the first target from the 8am signal this morning so total gain this week on Cable alone is 400 pips. It also gave similar pips last week. I see there have been no signals for CHF/JPY after the first loss this week and the pair have given up 120 on the sell order 16.00 bar on the 8th and 120 on the buy signal from the 16.00 on the 10th. So this week total for missed the pair 240 pips. So total of missed pips this week because you didn’t post the signals is around 880. Please don’t think I’m having a go but I think you should stick to the plan 100% so the followers of this great site have a good chance to make some serious pips. Trading all the signals last actually ended the week with 730 pips in profit this was because all the big moves happened on Friday after you had given up emailing the signals. Well done for getting back in the saddle this week. Please let me know your thoughts. Hi Firepips, firstly thank you for providing the service that you do.
If you don’t mind I have a suggestion to improve it?

You say you’ve managed to avoid some losing trades by using your own judgement this week, so well done for that but you have also missed some good winners.

If you had posted the buy signal for CAD/JPY @ 88.30 yesterday (16.00 bar) which has now hit 8950 3rd target you would be 240 pips in profit. Did you not post it because the pair has lost 405 pips so far this week and caused a psychological block on trading it?

I know you gave up trading GBP/USD because it gave some losses one week but it has given up 300 pips on the first sell signal of the week hitting all 3 targets and also hit 1st target on the 2nd signal of the week and has hit the first target from the 8am signal this morning so total gain this week on Cable alone is 400 pips. It also gave similar pips last week.

I see there have been no signals for CHF/JPY after the first loss this week and the pair have given up 120 on the sell order 16.00 bar on the 8th and 120 on the buy signal from the 16.00 on the 10th. So this week total for missed the pair 240 pips.

So total of missed pips this week because you didn’t post the signals is around 880.

Please don’t think I’m having a go but I think you should stick to the plan 100% so the followers of this great site have a good chance to make some serious pips.

Trading all the signals last actually ended the week with 730 pips in profit this was because all the big moves happened on Friday after you had given up emailing the signals. Well done for getting back in the saddle this week.

Please let me know your thoughts.

]]> Comment on Trading Psychology | Forex Signals 12th Mar by FirePips http://forex.firepips.com/2010/03/12/trading-psychology/comment-page-1/#comment-2539 FirePips Fri, 12 Mar 2010 14:11:49 +0000 http://forex.firepips.com/?p=1186#comment-2539 You are right... For some reason it seems to reverse...not always though...don't know if you can make a trading strategy out of it. But perhaps we can look into last two 4hr bars of every week before close to see if there is a patten there. You are right… For some reason it seems to reverse…not always though…don't know if you can make a trading strategy out of it. But perhaps we can look into last two 4hr bars of every week before close to see if there is a patten there.

]]> Comment on Trading Psychology | Forex Signals 12th Mar by Diet Pipsi http://forex.firepips.com/2010/03/12/trading-psychology/comment-page-1/#comment-2537 Diet Pipsi Fri, 12 Mar 2010 12:37:19 +0000 http://forex.firepips.com/?p=1186#comment-2537 Here's a tiny tidbit: Price frequently changes direction at NY open. I've watched this over a long time, and if you just bet even money on for or against, you will always come out a winner if you bet on for a price change. That does not mean I would necessarily close these positions right after NY Open, but I always watch for any erratic movement, and if any indication does show up of a reversal I will sometimes close. Which I will be doing here in about a half hour - Here's a tiny tidbit: Price frequently changes direction at NY open. I've watched this over a long time, and if you just bet even money on for or against, you will always come out a winner if you bet on for a price change.

That does not mean I would necessarily close these positions right after NY Open, but I always watch for any erratic movement, and if any indication does show up of a reversal I will sometimes close.

Which I will be doing here in about a half hour -

]]> Comment on Trading Psychology | Forex Signals 12th Mar by FirePips http://forex.firepips.com/2010/03/12/trading-psychology/comment-page-1/#comment-2535 FirePips Fri, 12 Mar 2010 10:09:45 +0000 http://forex.firepips.com/?p=1186#comment-2535 Mate..if you like I can create a section on the blog and give you "Author" permissions to update it. I also like ( and highly appreciate ) your detailed answers to comments and perhaps you may wish to post some content of your own. Let me know what you think :) Mate..if you like I can create a section on the blog and give you "Author" permissions to update it.

I also like ( and highly appreciate ) your detailed answers to comments and perhaps you may wish to post some content of your own. Let me know what you think :)

]]> Comment on Trading Psychology | Forex Signals 12th Mar by Diet Pipsi http://forex.firepips.com/2010/03/12/trading-psychology/comment-page-1/#comment-2536 Diet Pipsi Fri, 12 Mar 2010 10:09:16 +0000 http://forex.firepips.com/?p=1186#comment-2536 This week so far (as of 1200 candle): +420...Order ID: 1 - GBPJPY . . . 1 unit at +70, 1 unit at +140, 1 unit at +210, = +420 -105....Order ID: 2 - CADJPY . . . 3 units at -35 = -105 -120....Order ID: 3 - EURJPY . . . 3 units at -40 = -120 -105....Order ID: 4 - CHFJPY . . . 3 units at -35 = -105 +185...Order ID: 5 - EURJPY . . . 1 unit at +50, 1 unit at +100, 1 unit at +35, = +185 +10.....Order ID: 6 - CADJPY . . . 1 unit at +40, 2 units at -15 (for -30), = +10 +20.....Order ID: 7 - EURUSD . . . 1 unit at +40, 2 units at -10 (for -20), = +20 -10......Order ID: 8 - GBPJPY . . . 1 unit at +70, 2 units at -40 (for -80), = -10 +20.....Order ID: 9 - CADJPY . . . 1 unit at +40, 2 units at -10 (for -20), = +20 +40.....Order ID: 10 - EURUSD . . . First Target reached at +40 ...........Order ID: 11 - EURJPY . . . Currently at +10 -195....Order ID: 12 - GBPJPY . . . 3 units at -65 = -195 -135....Order ID: 13 - CADJPY . . . 3 units at -45 = -135 -225....Order ID: 14 - CADJPY . . . 3 units at -75 = -225 ..........Order ID: 15 - GBPJPY . . . Currently at -11 -200 TOTAL CLOSED ON THE WEEK This week so far (as of 1200 candle):

+420…Order ID: 1 – GBPJPY . . . 1 unit at +70, 1 unit at +140, 1 unit at +210, = +420
-105….Order ID: 2 – CADJPY . . . 3 units at -35 = -105
-120….Order ID: 3 – EURJPY . . . 3 units at -40 = -120
-105….Order ID: 4 – CHFJPY . . . 3 units at -35 = -105
+185…Order ID: 5 – EURJPY . . . 1 unit at +50, 1 unit at +100, 1 unit at +35, = +185
+10…..Order ID: 6 – CADJPY . . . 1 unit at +40, 2 units at -15 (for -30), = +10
+20…..Order ID: 7 – EURUSD . . . 1 unit at +40, 2 units at -10 (for -20), = +20
-10……Order ID: 8 – GBPJPY . . . 1 unit at +70, 2 units at -40 (for -80), = -10
+20…..Order ID: 9 – CADJPY . . . 1 unit at +40, 2 units at -10 (for -20), = +20
+40…..Order ID: 10 – EURUSD . . . First Target reached at +40
………..Order ID: 11 – EURJPY . . . Currently at +10
-195….Order ID: 12 – GBPJPY . . . 3 units at -65 = -195
-135….Order ID: 13 – CADJPY . . . 3 units at -45 = -135
-225….Order ID: 14 – CADJPY . . . 3 units at -75 = -225
……….Order ID: 15 – GBPJPY . . . Currently at -11

-200 TOTAL CLOSED ON THE WEEK

]]> Comment on Trading Psychology | Forex Signals 12th Mar by Diet Pipsi http://forex.firepips.com/2010/03/12/trading-psychology/comment-page-1/#comment-2534 Diet Pipsi Fri, 12 Mar 2010 09:37:08 +0000 http://forex.firepips.com/?p=1186#comment-2534 Whoo Hoo, first target reached on EURUSD, and +10 on EURJPY. Come on end of week! Pull us out for the winner! Cheerleading was never my thing . . . lol Whoo Hoo, first target reached on EURUSD, and +10 on EURJPY. Come on end of week! Pull us out for the winner!

Cheerleading was never my thing . . . lol

]]> Comment on Trading Psychology | Forex Signals 12th Mar by Diet Pipsi http://forex.firepips.com/2010/03/12/trading-psychology/comment-page-1/#comment-2533 Diet Pipsi Fri, 12 Mar 2010 09:31:58 +0000 http://forex.firepips.com/?p=1186#comment-2533 Yes, but it is not compact like the listings I put here. It is a spreadsheet that continually grows, and has details of each trade on it bar by bar, then week by week. It is in MS Excel, and the version I use is Excel 2002, included in MS Office XP. As long as you can read Excel files from that version or newer, you could open my sheet and see it all. If you care to post an email I'll be happy to send you a copy back to February. Yes, but it is not compact like the listings I put here. It is a spreadsheet that continually grows, and has details of each trade on it bar by bar, then week by week. It is in MS Excel, and the version I use is Excel 2002, included in MS Office XP. As long as you can read Excel files from that version or newer, you could open my sheet and see it all. If you care to post an email I'll be happy to send you a copy back to February.

]]> Comment on Trading Psychology | Forex Signals 12th Mar by stephan http://forex.firepips.com/2010/03/12/trading-psychology/comment-page-1/#comment-2532 stephan Fri, 12 Mar 2010 07:17:34 +0000 http://forex.firepips.com/?p=1186#comment-2532 many thanks dietpipsi for this important statement of current week. do you have a complete history of february to? many thanks dietpipsi for this important statement of current week.
do you have a complete history of february to?

]]> Comment on Trading Psychology | Forex Signals 12th Mar by mark http://forex.firepips.com/2010/03/12/trading-psychology/comment-page-1/#comment-2531 mark Fri, 12 Mar 2010 06:48:06 +0000 http://forex.firepips.com/?p=1186#comment-2531 feeling e/u will head down todae..too many expected a break upwards. what u reckon ? feeling e/u will head down todae..too many expected a break upwards. what u reckon ?

]]> Comment on Trading Psychology | Forex Signals 12th Mar by Diet Pipsi http://forex.firepips.com/2010/03/12/trading-psychology/comment-page-1/#comment-2530 Diet Pipsi Fri, 12 Mar 2010 06:37:28 +0000 http://forex.firepips.com/?p=1186#comment-2530 This week so far (as of 0800 candle): +420...Order ID: 1 - GBPJPY . . . 1 unit at +70, 1 unit at +140, 1 unit at +210, = +420 -105....Order ID: 2 - CADJPY . . . 3 units at -35 = -105 -120....Order ID: 3 - EURJPY . . . 3 units at -40 = -120 -105....Order ID: 4 - CHFJPY . . . 3 units at -35 = -105 +185...Order ID: 5 - EURJPY . . . 1 unit at +50, 1 unit at +100, 1 unit at +35, = +185 +10.....Order ID: 6 - CADJPY . . . 1 unit at +40, 2 units at -15 (for -30), = +10 +20.....Order ID: 7 - EURUSD . . . 1 unit at +40, 2 units at -10 (for -20), = +20 -10......Order ID: 8 - GBPJPY . . . 1 unit at +70, 2 units at -40 (for -80), = -10 +20.....Order ID: 9 - CADJPY . . . 1 unit at +40, 2 units at -10 (for -20), = +20 ..........Order ID: 10 - EURUSD . . . Currently at +10 ..........Order ID: 11 - EURJPY . . . Currently at Break Even -195....Order ID: 12 - GBPJPY . . . 3 units at -65 = -195 -135....Order ID: 13 - CADJPY . . . 3 units at -45 = -135 -225....Order ID: 14 - CADJPY . . . 3 units at -75 = -225 ..........Order ID: 15 - GBPJPY . . . Waiting to get filled -240 TOTAL CLOSED ON THE WEEK This week so far (as of 0800 candle):

+420…Order ID: 1 – GBPJPY . . . 1 unit at +70, 1 unit at +140, 1 unit at +210, = +420
-105….Order ID: 2 – CADJPY . . . 3 units at -35 = -105
-120….Order ID: 3 – EURJPY . . . 3 units at -40 = -120
-105….Order ID: 4 – CHFJPY . . . 3 units at -35 = -105
+185…Order ID: 5 – EURJPY . . . 1 unit at +50, 1 unit at +100, 1 unit at +35, = +185
+10…..Order ID: 6 – CADJPY . . . 1 unit at +40, 2 units at -15 (for -30), = +10
+20…..Order ID: 7 – EURUSD . . . 1 unit at +40, 2 units at -10 (for -20), = +20
-10……Order ID: 8 – GBPJPY . . . 1 unit at +70, 2 units at -40 (for -80), = -10
+20…..Order ID: 9 – CADJPY . . . 1 unit at +40, 2 units at -10 (for -20), = +20
……….Order ID: 10 – EURUSD . . . Currently at +10
……….Order ID: 11 – EURJPY . . . Currently at Break Even
-195….Order ID: 12 – GBPJPY . . . 3 units at -65 = -195
-135….Order ID: 13 – CADJPY . . . 3 units at -45 = -135
-225….Order ID: 14 – CADJPY . . . 3 units at -75 = -225
……….Order ID: 15 – GBPJPY . . . Waiting to get filled

-240 TOTAL CLOSED ON THE WEEK

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