Blackstick
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3 SLs on the trot. Not a good week.
unfortunately we got both sell trades hitting SL today..
Didn't trade NY 8.30 today and just as well looking at the result.
In fact I'm quitting until I see something positive.
today FMT:
8:30 NY hit TP, +30 pips
8:45 NY hit SL, -25 pips.
these settings have not been doing well, I have 3 losing weeks in a row, this is not acceptable !!
I have been looking at a new start time 7:00 NY (11:00 GMT.) that has been working better the past 2 weeks, so I will be adding it to my trading with reduced lots plus reducing lots on 8:30 NY and 8:45 NY as well. If 8:30 and 8:45 continue to lose next week, I will drop them from live trading.
good luck next week and beyond !.
Hammy, what settings are you using for the 700 NY start time?
my settings :
8:30 NY (12:30 GMT.) SL=35, TP=30, BE=18, BE+ =5
8:45 NY (12:45 GMT.) SL=25, TP=25, BE=13, BE+ =0
7:00 NY (11:00 GMT.) SL=35, TP=30, BE=18, BE+ =5
I'm trading reduced fixed lots on all 3 start times.
good luck !..