My Forex Day Trades

[StevenSJC 10]

In an effort to hold myself accountable, here's the trades I'm going to place for trade this evening (November 3rd) along with stop and target --- these trades if they trigger will almost always hit target (or stop) within the same session - if not, I exit end of day. I expect to win about 70% of the time. Any time I have a "buy" I add the spread I pay to my numbers below to account for spread costs.

 

EURUSD

Buy 1.4152 T = 1.4190 S = 1.4114

USDCHF

Sell 0.9698 T = 0.9650 S = 0.9751

GBPUSD

Buy 1.6121 T= 1.6198 S = 1.6039

USDJPY

Buy 81.22 T = 81.57 S = 80.84

EURJPY

Buy 115.02 T = 115.48 S = 114.48

 

Wish me luck!

[StevenSJC 10]

What I like about this approach is it's the set/forget mode -- I go to sleep and wake up and what happens, happens. Today's results:

 

EURUSD +38 pips

USDCHF +48 pips

GBPUSD +77 pips

USDJPY - no trade

EURJPY - still open missed target by a bit a few pips - you could exit here or hold on and exit end of day at stop/target or end of day

 

I'll post again tonight at about 9pm EST my next trade set-ups for Friday's session.

 

In an effort to hold myself accountable, here's the trades I'm going to place for trade this evening (November 3rd) along with stop and target --- these trades if they trigger will almost always hit target (or stop) within the same session - if not, I exit end of day. I expect to win about 70% of the time. Any time I have a "buy" I add the spread I pay to my numbers below to account for spread costs.

 

EURUSD

Buy 1.4152 T = 1.4190 S = 1.4114

USDCHF

Sell 0.9698 T = 0.9650 S = 0.9751

GBPUSD

Buy 1.6121 T= 1.6198 S = 1.6039

USDJPY

Buy 81.22 T = 81.57 S = 80.84

EURJPY

Buy 115.02 T = 115.48 S = 114.48

 

Wish me luck!

[enochbenjamin 10]

what is you criteria for entering?

[StevenSJC 10]

Here are my trades I'm taking tonight/tomorrow (4th/5th)

 

EURUSD

Buy 1.4252 T = 1.4320 S = 1.4184

USDCHF

Sell 0.9559 T = 0.9503 S = 0.9617

GBPUSD

Buy 1.6302 T= 1.6374 S = 1.6228

USDJPY

Short 80.59 T = 80.31 S = 80.87

EURJPY

Buy 114.82 T = 115.38 S = 114.24

[StevenSJC 10]

Enochbenjamin,

 

What I'm doing is trading daily (actually entering trade at night for me after work) and then literally doing nothing -- I place it and let it do what it has to do. I either get my profit target, stopped out or when I come back in the next evening I exit out if still open. I put in just a few minutes every 24 hours so it's super simple.

 

For that reason I know I need a reasonable win percentage --- I try to get about 70% if I can -- that of course means there's are days where I might lose across the board, sometimes multiple days in a row but over a month I usually end well. Last month my EURUSD had +499 pips, GBPUSD +308 pips, USDJPY +137 pips but my EURJPY was -11 pips. That was a really good month though -- not all will be as good. November so far is up, but hasn't really kicked into gear yet. Yesterday for example was great, today I had some losses. Over the month though I think I'll be fine -- and it beats spending hours per day!

 

 

 

what is you criteria for entering?

[StevenSJC 10]

Here are my trades I'm taking tonight/tomorrow (7th/8th)

 

EURUSD

Short 1.3969 T = 1.3885 S = 1.4063.

USDCHF

Buy 0.9661 T = 0.9720 S = 0.9598

GBPUSD

Short 1.6124 T= 1.6052 S = 1.6204

USDJPY

Buy 81.51 T = 81.87 S = 81.14

EURJPY

Short 113.98 T = 113.42 S = 114.54

 

 

My trade results from the 11/4th-11/5th:

USDCHF - 58 pips

EURJPY - 58 pips

no trade: EURUSD, USDJPY, GBPUSD

[StevenSJC 10]

Here are my trades I'm taking tonight/tomorrow (8th/9th)

 

EURUSD

Short 1.3844 T = 1.3781 S = 1.3911

USDCHF

Buy 0.9683 T = 0.9725 S = 0.9639

GBPUSD

Short 1.6064 T= 1.6010 S = 1.6121

USDJPY

Short 80.99 T = 80.78 S = 81.21

EURJPY

Short 112.88 T = 112.35 S = 113.42

 

 

My trade results from the 11/7th-11/8th:

EURUSD +56 pips

EURJPY +56 pips

USDCHF -3 pips

GBPUSD -13 pips

Good session for me.

[StevenSJC 10]

Here are my trades I'm taking tonight/tomorrow (9th/10th) - I just set these and let them go as they go. Nice and easy.

 

EURUSD

Short 1.3733 T(arget) = 1.3673 S(top) = 1.3793

USDCHF

Buy 0.9711 T = 0.9748 S = 0.9672

GBPUSD

Short 1.5969 T= 1.5913 S = 1.6027

USDJPY

Buy 81.84 T = 82.14 S = 81.54

EURJPY

Short 112.23 T = 111.77 S = 112.69

 

 

My trade results from the 11/8th-11/9th:

EURUSD -67 pips

EURJPY +54 pips

USDCHF -1 pips

GBPUSD +56 pips

USDJPY +20 pips

 

Good trading!

[MadMarketScientist 11]

Thanks for sharing these - you're brave to put it out there ahead of time in real-time. Good for you!

[StevenSJC 10]

Here are my trades I'm taking tonight/tomorrow (10th/11th) - I just set these and let them go as they go. Nice and easy.

 

EURUSD

Buy 1.3844 T(arget) = 1.3910 S(top) = 1.3778

USDCHF

Short 0.9667 T = 0.9623 S = 0.9711

GBPUSD

Buy 1.6157 T= 1.6215 S = 1.6098

USDJPY

Short 81.89 T = 81.55 S = 82.26

EURJPY

Buy 113.63 T = 114.19 S = 113.07

 

 

My trade results from the 11/9th-11/10th:

EURUSD +60 pips

EURJPY no trade

USDCHF +38 pips

GBPUSD -56 pips

USDJPY +30 pips

 

Good trading!

[StevenSJC 10]

Here are my trades I'm taking tonight/tomorrow (11th/12th) - I just set these and let them go as they go. Nice and easy.

 

EURUSD

Short 1.3598 T(arget) = 1.3551 S(top) = 1.3652

USDCHF

Buy 0.9781 T = 0.9820 S = 0.9739

GBPUSD

Short 1.6065 T= 1.6013 S = 1.6117

USDJPY

Buy 82.55 T = 82.77 S = 82.33

EURJPY

Short 112.42 T = 112.05 S = 112.81

 

 

My trade results from the 11/10th-11/11th:

EURUSD no trade

EURJPY no trade

USDCHF no trade

GBPUSD -58 pips

USDJPY no trade

 

Good trading!

[StevenSJC 10]

Here are my trades I'm taking tonight/tomorrow (14th/15th) - I just set these and let them go as they go. Nice and easy.

 

EURUSD

Buy 1.3752 T(arget) = 1.3820 S(top) = 1.3684

USDCHF

Buy 0.9807 T = 0.9847 S = 0.9767

GBPUSD

Buy 16181 T= 1.6279 S = 1.6079

USDJPY

Buy 82.67 T = 82.97 S = 82.37

EURJPY

Buy 113.27 T = 113.93 S = 112.59

 

 

My trade results from the 11/11th-11/12th:

EURUSD -54 pips

EURJPY +38 pips

USDCHF +26 pips

GBPUSD +52 pips

USDJPY no trade

 

Good trading!

[wissams 10]

Hi Steven,

 

I am new to TL, I was wondering what is your current timezone?

 

Regards,

Wissam

[StevenSJC 10]

Wissam,

 

Hello and welcome here. I'm not sure what timezone TL uses but I am in CST. I typically place my trades at about 8pm CST/9pm EST - that's when my set-ups are ready. Sometimes I get one between 4pm - 8pm CST (5pm - 9pm EST) -- I do my best to post these about that time after I place my trades though sometimes I'm a little late. Almost always though the trade hasn't entered yet even when I am. Most times anyway.

 

Thanks.

[StevenSJC 10]

Here are my trades I'm taking tonight/tomorrow (15th/16th) - I just set these and let them go as they go. Nice and easy.

 

EURUSD

Short 1.3549 T(arget) = 1.3503 S(top) = 1.3595

USDCHF

Buy 0.9874 T = 0.9915 S = 0.9832

GBPUSD

Short 1.5998 T= 1.5906 S = 1.6091

USDJPY

Buy 83.28 T = 83.55 S = 82.99

EURJPY

Buy 113.16 T = 113.58 S = 112.74

 

 

My trade results from the 11/11th-11/12th:

EURUSD no trade

EURJPY -66 pips

USDCHF +40 pips

GBPUSD no trade

USDJPY +30 pips

 

Good trading!

[StevenSJC 10]

We're up +420 pips since I started earlier this month - that works!

 

Here are my trades I'm taking tonight/tomorrow (16th/17th) - I just set these and let them go as they go. Nice and easy.

 

EURUSD

Short 1.3448 T(arget) = 1.3301 S(top) = 1.3502

USDCHF

Buy 0.9983 T = 1.0019S = 0.9947

GBPUSD

Short 1.5834 T= 1.5783 S = 1.5887

USDJPY

Buy 83.51 T = 83.75 S = 83.27

EURJPY

Short 112.19 T = 111.83 S = 112.56

 

 

My trade results from the 11/15th-11/16th:

EURUSD +46 pips

EURJPY -42 pips

USDCHF +42 pips

GBPUSD +90 pips

USDJPY +27 pips

 

Good trading!

[PipHog888 10]

ARe you trading the one hour chart?

[StevenSJC 10]

PipHog (like the name!),

 

Yes, I am trading off of the 1 hour chart for 4 of the 5 pairs - for the GBPUSD I actually use the 4 hour chart. The reason? It simply behaves more reliably off of the 4 hour for me than the 1 hour chart.....

 

Good trading!

[StevenSJC 10]

Here are my trades I'm taking tonight/tomorrow (17th/18th) - I just set these and let them go as they go. Nice and easy.

 

EURUSD

Buy 1.3552 T(arget) = 1.3594 S(top) = 1.3509

USDCHF

Short 0.9897 T = 0.9867 S = 0.9927

GBPUSD

Short 1.5864 T= 1.5818 S = 1.5911

USDJPY

Buy 83.45 T = 83.67 S = 83.23

EURJPY

Short 112.38 T = 112.06 S = 112.71

 

 

My trade results from the 11/16th-11/17th:

EURUSD no trade

EURJPY no trade

USDCHF no trade

GBPUSD no trade

USDJPY -24 pips

 

Good trading!

[StevenSJC 10]

Here are my trades I'm taking tonight/tomorrow (18th/19th) - I just set these and let them go as they go. Nice and easy.

 

EURUSD

Buy 1.3671 T(arget) = 1.3713 S(top) = 1.3629

USDCHF

Buy 0.9983 T = 1.0021 S = 0.9945

GBPUSD

Buy 1.6076 T= 1.6122 S = 1.6029

USDJPY

Buy 83.66 T = 83.88 S = 83.44

EURJPY

Buy 114.03 T = 114.40 S = 113.65

 

 

My trade results from the 11/17th-11/18th:

EURUSD +42 pips

EURJPY no trade

USDCHF +30 pips

GBPUSD no trade

USDJPY +22 pips

 

Good trading!

[StevenSJC 10]

Ok, I'm back hope you all had a pleasant weekend. I'm not sure completely what to expect on this holiday week but with that said - let's make it happen!

 

Here are my trades I'm taking tonight/tomorrow (21st/22nd) - I just set these and let them go as they go. Nice and easy.

 

EURUSD

Buy 1.3771 T(arget) = 1.3822 S(top) = 1.3718

USDCHF

Short 0.9893 T = 0.9853 S = 0.9933

GBPUSD

Buy 1.6036 T= 1.6076 S = 1.5992

USDJPY

Buy 83.61 T = 83.81 S = 83.19

EURJPY

Buy 114.86 T = 115.22 S = 114.49

 

 

My trade results from the 11/18th-11/19th:

EURUSD +42 pips

EURJPY +17 pips

USDCHF -38 pips

GBPUSD -46 pips

USDJPY no trade

 

Good trading!

[Lukester 10]

Hello all -

 

Apologies for posting off topic here - I'm brand new to this forum and not an experienced FX trader. Can anyone point me to where I might find the a version of the Wilders ADX DMI in an algorithm that is compatible / importable to the Think or Swim FX platform?

 

I just registered here this evening.

 

Any advice as to where this can be found (if in this community or elsewhere, would be gratefully appreciated! I located one website where the blogger posts code snippets which are supposedly importable to Think or Swim but no luck finding the Wilder's ADX there.

 

Lukester

[StevenSJC 10]

Here are my trades I'm taking tonight/tomorrow (22nd/23rd) - I just set these and let them go as they go. Nice and easy.

 

EURUSD

Short 1.3543 T(arget) = 1.3491 S(top) = 1.3595

USDCHF

Short 0.9869 T = 0.9837 S = 0.9901

GBPUSD

Short 1.5894 T= 1.5850 S = 1.5491

USDJPY

Short 83.19 T = 83.00 S = 83.41

EURJPY

Short 113.22 T = 112.88 S = 113.56

 

 

My trade results from the 11/21st-11/22nd - my first cruddy day of the month - was a little concerned about the holiday week:

EURUSD -52 pips

EURJPY -37 pips

USDCHF -40 pips

GBPUSD +42 pips

USDJPY no trade

 

Good trading!

[wissams 10]

Hi Steven,

 

Why have you stopped posting?

 

Regards,