Wednesday 19th November

Maximum loss in the choppy markets this morning on the 10/15 minute charts:

But I got 40 pips back just after. I moved my stop a bit quick on this one and got stopped out at 40 profit so I think I might tryout the IG Index trailing stop to see how that does:

Tuesday 18th November

10 pips profit this morning on the 5/15 minute chart combination:

There was a breakeven trade opening just after 11 on the Barclays feed, for those trading all day:

Monday 17th November

A good start to the week with an easy 150 pips profit. It’s tempting to take the rest of the week off:

There was another winning trade around 1.20 but with a medium impact news item at 1.30 I didn’t get involved.

Friday 14th November

A breakeven trade on the 10/15minute chart at around 8.30 this morning:

Also, anyone trading out of hours around 12.30 would have had another breakeven trade too, going 26 pips into profit before retracing quickly. Profit for scalpers here though:

Thursday 13th November

Early risers would have enjoyed a 21 pip profit this morning using a 30 pip trailing stop on the 10 and 15 minute cable chart:

I got 10 pips around 12.20 this afternoon, again moving my stop to follow the trade 30 pips behind it:

Wednesday 12th November

A good trade on the 5/15 minute charts this morning entering at 1.5398 and giving a comfortable 47 pips profit using a 30 pip trailing stop:

Tuesday 11th November

I wasn’t available to trade at all today so I’ve looked back though to see what I would have got.

Just after 10am there was a breakeven trade opening at 1.5583. It went to 1.5562 so I would have been able to move my stop to breakeven assuming it didn’t move too quickly:

The was a losing long trade immediately after this but its doubtful whether I would have had time to get on this one.

There was another short trade ten minutes later though entering at 1.5558 and going to 1.5505 so assuming a 30 pip distance kept by the stop this would have been a profit of around 20 pips:

Monday 10th November

I was late starting this morning but looking back there was what looks to be a breakeven trade around 10am, assuming I was able to move my stop to breakeven. However, I think this may have been a bad tick because it doesn’t show it moving this far on the Barclays feed, so it could possibly be a losing trade. On the dual feed it shows as below too so its difficult to judge:

 
I did get a trade this afternoon though giving 40 pips profit:

Friday 7th November

There was a trade just after 8am Friday morning on the Tullet 10 and 15 minute charts that would have resulted in a break even had I traded it as it went far enough into profit for me to have moved my stop to breakeven as soon as possible:

Unfortunately, the buy trades signalled later were too many pips apart for me to get involved.

So thats just £140 profit this week after another quiet week. Hopefully it’ll pick up again next week. If you look at the menu bar at the top you’ll see I’ve done a ‘My Tufxp Method’ page. This is for reference for new users who wish to copy my method.

Next week I might try running a few more currency pairs to see if I can squeeze some more profit out of this. I’m not sure running several feeds really gives that many more trades so it’s time for more research.

Thursday 6th November

I had no trades on Thursday but if I had been trading around 11.30 I could have got a rather nice one. I didn’t take it because it was too close to a news release at 12.00 but as you can see, the news release actually moved the market significantly in my favour and I reckon I could have pulled 130 pips out of this one. Having said that, it did move extremely quickly so it’s difficult to judge whether my trade would have been closed out at the correct point or not. I suppose I could have gone for a guaranteed stop but even then, I’ve noticed it takes some time to confirm that you’ve moved your stop when the market is moving quickly: