Click here to visit Plan-uk.org and see how you can make a difference today

Saturday, 13 March 2010

Cable (again sorry!) 9th March

Cable again. This is a trade I took on 9th March on my account, it was about 5 to 8 in the morning so I was focusing on numerous potential set ups and levels on numerous pairs. Anyway managed to press record for the entry, but in playing it back realised I hadnt switched on the microphone!

So basically theres two videos in one - the silent entry and the trade criteria.

The trade didnt run as far as I'd wished and ideally it was best to play shorts in the macro range still in place. But I was pretty certain of a bounce off this level for a long. It achieved the 1st scale out target and the other two thirds was a scratch. I supposed its a good example of achieving profit even if the trade doesnt play out as if you choose the right levels a bounce is often assured.

From the profit on this trade Ive donated a % of £47 straightaway to Plan & will match this again to keep the account at £1500 and the 50% growth. A bit of a mini celebration as it were.

I've had quite a few emails of support and encouragement so I'd like to say thanks its appreciated

All the best

Jon





Thursday, 4 March 2010

Cable again! March 3rd

Another day another fade, this time at 1.5120 on cable, Mondays move creating a large range, price for now moving within..fireworks to come with NFP and the high & lows to be tested perhaps.

The live trade video is in two parts, the latter covers a lot of different factors and subtler nuances so is more informative, the first is pretty much the entry. The trade netted a another 50 pips for the charity account, and as a top pick went well and as planned. Again the twilight hours meant no trade management just a common sense target derived from the PA.

As an update the ammount raised so far for Plan is £453.00 discounting %'s from my own account trades. So almost 50% growth on Cap. I intend to try and run the account up to at least £2k before moving to Oanda, really in order to cover margin for having multiple positions open as leverage is 1:50 tops. So for now all profits held in.

Part 1



Part 2

Cable March 1st

Monday saw a large move on cable, here's a live trade video of fading the rally short as price reached 1.5000. The trade netted 50 pips, but if I had been up and not sleeping!.. with basic management would have produced greater.

Variety of factors I cover in the video hope some people find it useful/interesting. My voice level is quite low as didnt want to wake my other half! Converted to avi so should be okay quality, Feel free to ask any questions by comment or email if you want.

All the best

Cable March 1st from Jon C on Vimeo.




In case the above doesnt work same video, non avi.

EURUSD & GBPCHF

Been ultra busy in recent weeks mixing trading my account and organising events in my life (good ones!) so the charity account has been a bit neglected. Heres a live trade for the charity account on EURUSD back on the 11th feb nets just over 80 pips, also includes a review of a GBPCHF trade that I took on my own and donated a %. I'm still fitting in charity trades in the evenings mainly and then just donating a % of mine from the day.

Anyway hopefully the video is more concise with better voice clarity and less rambling!

Have videod some more live trades this week so will post those later with an update on the ammount raised so far.