Alpari Demo Managed Account (By PeterFM)
Lietotājs ir dzēsis šo sistēmu.
Diskusija
Biedrs kopš
397 ieraksti
Jan 11, 2010 at 16:37
hi peter, i see you're still doing very well!
would like to hear your view on the eurusd if possible.. i noticed you don't have any trades with eurusd - are you still unsure of the direction?
would like to hear your view on the eurusd if possible.. i noticed you don't have any trades with eurusd - are you still unsure of the direction?
Sleep is for the weak.
Biedrs kopš
90 ieraksti
Jan 11, 2010 at 17:25
Hi Biz
I've posted some comments about US$ 'strength' in my blog https://peterfmsr.blogspot.com/ and although I feel that the upside potential for the Euro is good, it may be that there aren't enough big players ready to commit yet.
I have been favouring the Aussie simply because any weakness in the US$ has resulted in a few decent moves in that pair while the EUR has been sitting in quite a tight range. Plus, of course, the positive swap sticks the equivalent of several pips into the account as well. I've actually grown to prefer the Aussie for my style of trading as it seems to respect my S/R levels much better.
As the year progresses I expect I'll switch between the two pairs so I haven't given up on the EUR but at the end of the day it's all about making money and I find it easier to do this on the Aussie at the moment.
When the managed account goes live then I want to be sure I'm keeping risk to its absolute minimum for the clients' sake and this means finding the best pair to reflect my trading style.
I've posted some comments about US$ 'strength' in my blog https://peterfmsr.blogspot.com/ and although I feel that the upside potential for the Euro is good, it may be that there aren't enough big players ready to commit yet.
I have been favouring the Aussie simply because any weakness in the US$ has resulted in a few decent moves in that pair while the EUR has been sitting in quite a tight range. Plus, of course, the positive swap sticks the equivalent of several pips into the account as well. I've actually grown to prefer the Aussie for my style of trading as it seems to respect my S/R levels much better.
As the year progresses I expect I'll switch between the two pairs so I haven't given up on the EUR but at the end of the day it's all about making money and I find it easier to do this on the Aussie at the moment.
When the managed account goes live then I want to be sure I'm keeping risk to its absolute minimum for the clients' sake and this means finding the best pair to reflect my trading style.
All I need is Support and Resistance
Biedrs kopš
397 ieraksti
Jan 11, 2010 at 19:27
(labots Jan 11, 2010 at 19:28)
yeah i see your point..there's really no point switching back to the eur if you're more comfortable with the aussie.
i too think that everyone still waiting for that someone to jump in and push the eur to each direction since it seems now it's just ranging.
so currently you're focusing on the aussie? i see in your account that you've traded 9 other currencies with average success.. do they not work well enough with your system? or are you just focusing 1-2 currencies at a time?
i too think that everyone still waiting for that someone to jump in and push the eur to each direction since it seems now it's just ranging.
so currently you're focusing on the aussie? i see in your account that you've traded 9 other currencies with average success.. do they not work well enough with your system? or are you just focusing 1-2 currencies at a time?
Sleep is for the weak.
Biedrs kopš
90 ieraksti
Jan 19, 2010 at 01:01
To see the thinking behind the EURUSD trade please go to
https://peterfmsr.blogspot.com/2010/01/todays-trade-eurusd-long.html
https://peterfmsr.blogspot.com/2010/01/todays-trade-eurusd-long.html
All I need is Support and Resistance
Biedrs kopš
397 ieraksti
Jan 19, 2010 at 07:59
PeterFM posted:
To see the thinking behind the EURUSD trade please go to
https://peterfmsr.blogspot.com/2010/01/todays-trade-eurusd-long.html
yeah, very nice video. in fact, i'll put it here for others to see..hope you don't mind..🙄
<object width='425' height='344'><param name='movie' value=' allowscriptaccess='always' allowfullscreen='true' width='425' height='344'></embed></object>
Sleep is for the weak.
Biedrs kopš
90 ieraksti
Jan 19, 2010 at 14:40
Time to sit back and put some clear thought into the upcoming trades on the EURUSD pair.
Check out https://peterfmsr.blogspot.com/2010/01/eurusd-overview.html
Check out https://peterfmsr.blogspot.com/2010/01/eurusd-overview.html
All I need is Support and Resistance
Biedrs kopš
92 ieraksti
Jan 19, 2010 at 15:02
Hi Peter.
I've noticed you're trading a demo and a real account. What's the reason the performance is different? Are those 2 different trading systems?
I've noticed you're trading a demo and a real account. What's the reason the performance is different? Are those 2 different trading systems?
Patience is a virtue.
Biedrs kopš
90 ieraksti
Jan 19, 2010 at 15:14
All I need is Support and Resistance
Biedrs kopš
90 ieraksti
Jan 19, 2010 at 15:19
PipCollector posted:Nope. The demo was set up to test different ideas based on what I'd learned about S/R and the position sizing was a bit more flexible (ie more trades on more pairs without too much concern about risk).
Hi Peter.
I've noticed you're trading a demo and a real account. What's the reason the performance is different? Are those 2 different trading systems?
The live account is a long-term trade arena for me; no experimentation, just solid S/R with much bigger targets and stops. Not for the nervous out there. I only keep it online here as I can interrogate the stats easier on this site than trying to put an Excel file together. Plus the live account has been running longer with fewer stupid trades.
All I need is Support and Resistance
Biedrs kopš
90 ieraksti
Jan 19, 2010 at 15:48
(labots Jan 19, 2010 at 15:49)
AUDUSD PinBar bouncing off Support
--------------------------
--------------------------
All I need is Support and Resistance
Biedrs kopš
90 ieraksti
Jan 20, 2010 at 13:36
Well, I've bitten the bullet at last and I'm short EURUSD. Probably too late but think there is a chance of a run down to the next Support level. Video on the blob.
----------
https://peterfmsr.blogspot.com/2010/01/eurusd-short.html
----------
https://peterfmsr.blogspot.com/2010/01/eurusd-short.html
All I need is Support and Resistance
Biedrs kopš
92 ieraksti
Jan 20, 2010 at 13:52
PeterFM posted:
Well, I've bitten the bullet at last and I'm short EURUSD.
Welcome to the club 😄
I also think it's still a good entry, and in any case, you can still sell again at pullbacks. I just hope we're not wrong on this one and the trend did change.
Patience is a virtue.
Biedrs kopš
90 ieraksti
Jan 20, 2010 at 14:36
(labots Jan 20, 2010 at 14:37)
What's driving me mad is I traded brilliantly at Support during the uptrend but haven't been able to bring myself to go short at Resistance during this downtrend. Yet when I look at my levels, both current and historical, I know how accurate those levels are and can see time after time how price works its way up and down from them.
Maybe I had TOO good a run going long and my old brain isn't agile enough to cope with the reversal. The other stupid thing is that I teach everyone to sell at Resistance and buy at Support, but be prepared for price to blow through these levels (that's what stops are for) but have found it hard to commit to contrarian trades. 😳
Maybe I had TOO good a run going long and my old brain isn't agile enough to cope with the reversal. The other stupid thing is that I teach everyone to sell at Resistance and buy at Support, but be prepared for price to blow through these levels (that's what stops are for) but have found it hard to commit to contrarian trades. 😳
All I need is Support and Resistance
Biedrs kopš
879 ieraksti
Jan 20, 2010 at 15:39
Yeah guys, these emotional roller coasters made me sick in the past when i traded my first 3 years manually. But the time wasn't wasted at all...
Biedrs kopš
92 ieraksti
Jan 20, 2010 at 18:32
Yeah, this is one of the most important aspects a trader should know - always follow your system.
Peter, I think it's just a psychological limitation - you see the price doing one thing, while your system says otherwise; this will definitely makes you question your system and resulting in trades which you shouldn't have taken in the first place.
Looking at your performance, I can definetly say your sytem works, so do keep using it! 😉
Peter, I think it's just a psychological limitation - you see the price doing one thing, while your system says otherwise; this will definitely makes you question your system and resulting in trades which you shouldn't have taken in the first place.
Looking at your performance, I can definetly say your sytem works, so do keep using it! 😉
Patience is a virtue.
Biedrs kopš
7 ieraksti
Jan 21, 2010 at 03:20
pc8multifx posted:
Yeah guys, these emotional roller coasters made me sick in the past when i traded my first 3 years manually. But the time wasn't wasted at all...
What auto system do you recommend?
It is what it is
Biedrs kopš
879 ieraksti
Jan 21, 2010 at 03:26
2and2is4ex posted:
pc8multifx posted:
Yeah guys, these emotional roller coasters made me sick in the past when i traded my first 3 years manually. But the time wasn't wasted at all...
What auto system do you recommend?
My own😉 Before u ask, its not for sale.
Biedrs kopš
7 ieraksti
Jan 22, 2010 at 00:55
pc8multifx posted:
2and2is4ex posted:
pc8multifx posted:
Yeah guys, these emotional roller coasters made me sick in the past when i traded my first 3 years manually. But the time wasn't wasted at all...
What auto system do you recommend?
My own😉 Before u ask, its not for sale.
I wasn't going to ask.
It is what it is
Biedrs kopš
90 ieraksti
Jan 23, 2010 at 01:08
(labots Jan 23, 2010 at 01:17)
Going Short from a 1-hr Pinbar.
<object id='stWU1dQU1IR19bQl1UWFJRUlNR' width='425' height='344' type='application/x-shockwave-flash' data='https://www.screentoaster.com/swf/STPlayer.swf' codebase='https://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#versi9,0,115,0'><param name='movie' value='https://www.screentoaster.com/swf/STPlayer.swf'/><param name='allowFullScreen' value='true'/><param name='allowScriptAccess' value='always'/><param name='flashvars' value='video=stWU1dQU1IR19bQl1UWFJRUlNR'/></object>
<object id='stWU1dQU1IR19bQl1UWFJRUlNR' width='425' height='344' type='application/x-shockwave-flash' data='https://www.screentoaster.com/swf/STPlayer.swf' codebase='https://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#versi9,0,115,0'><param name='movie' value='https://www.screentoaster.com/swf/STPlayer.swf'/><param name='allowFullScreen' value='true'/><param name='allowScriptAccess' value='always'/><param name='flashvars' value='video=stWU1dQU1IR19bQl1UWFJRUlNR'/></object>
All I need is Support and Resistance
Biedrs kopš
90 ieraksti
Jan 24, 2010 at 20:52
(labots Jan 24, 2010 at 20:52)
Trading S/R with different Brokers
<object id='stWU1dQU1IR19bQ1tZW1NQVFVc' width='425' height='344' type='application/x-shockwave-flash' data='https://www.screentoaster.com/swf/STPlayer.swf' codebase='https://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#versi9,0,115,0'><param name='movie' value='https://www.screentoaster.com/swf/STPlayer.swf'/><param name='allowFullScreen' value='true'/><param name='allowScriptAccess' value='always'/><param name='flashvars' value='video=stWU1dQU1IR19bQ1tZW1NQVFVc'/></object><div style='width: 425px; text-align: right;'>
<object id='stWU1dQU1IR19bQ1tZW1NQVFVc' width='425' height='344' type='application/x-shockwave-flash' data='https://www.screentoaster.com/swf/STPlayer.swf' codebase='https://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#versi9,0,115,0'><param name='movie' value='https://www.screentoaster.com/swf/STPlayer.swf'/><param name='allowFullScreen' value='true'/><param name='allowScriptAccess' value='always'/><param name='flashvars' value='video=stWU1dQU1IR19bQ1tZW1NQVFVc'/></object><div style='width: 425px; text-align: right;'>
All I need is Support and Resistance
