Summary of my performance over the last few days:
- Tuesday April 13: Changed strategy to only scalp EUR/USD based on GBP/USD entry signal instead of speculating on a two-pair retracement. This decision was based on an analysis of all trades during the past two months. Not sure if I am curve fitting here or if I am actually increasing the profits. Overall -3 pips for the day.
- Wednesday April 14: Noticed that the EA was scaling into losing trades. Residue of not working with hedged positions anymore. Fixed that, still made overall +15 pips for the day.
- Thursday April 15: Another residue of not working with hedged positions anymore: you always have to set a stop/loss! When positions are hedged, s/l needs to be based on the overall order performance, not each specific trade. Got caught in a bad trade, losing 40 pips. Fixed that, overall +10 pips for the day.
- Friday April 16: Noted again that the Asian session works better with hedged positions, especially if the market moves sideways. Had some spectacularly winning trades, best scalps in a long time, but losses were equally high. Currently +6 pips for the night. Could easily have been +50 with the old strategy. Still, it's on the plus side, so I can't complain. Trading suspended until 13:00 CET due to news releases, my goal is to have >0 pips for today.
Looking forward to next week's performance in the hope of having my first clear run without modifications to the code. It's been more than two months of development now!
