EOD Pip Report:
£$ -7 -30 +6
€$ +5 +40
€£ -4
£¥ +30 +30
€¥ +15 +100
$¥ --
total: +185
Morning only again. Looks like plenty on offer this afternoon from the € but you can get too greedy.
Feed from FXPro broke up this afternoon for the first time since I've tried them, so not alot of point posting the charts as the major moves are already here.
[Four days of system B so far, totalling 791 pips - honeymoon period for sure]
£$ -7 -30 +6
€$ +5 +40
€£ -4
£¥ +30 +30
€¥ +15 +100
$¥ --
total: +185
Morning only again. Looks like plenty on offer this afternoon from the € but you can get too greedy.
Feed from FXPro broke up this afternoon for the first time since I've tried them, so not alot of point posting the charts as the major moves are already here.
[Four days of system B so far, totalling 791 pips - honeymoon period for sure]
Last edited:
a classic Boomtown Rats Monday morning...slow, stuttering, tough-to-see progress but a good test for any system
Euro's actually been making some steady progress but it's only really evident in retrospect, and my trailing stop knocked me out of the one decent entry I had on €¥, so currently underwater and will possibly go deeper over lunch as I'm loath to close what's open now
Euro's actually been making some steady progress but it's only really evident in retrospect, and my trailing stop knocked me out of the one decent entry I had on €¥, so currently underwater and will possibly go deeper over lunch as I'm loath to close what's open now
EOD Pip Report:
£$ -30 -20
€$ +10 +20 -30
€£ -3 -15
£¥ +30 -24 +10 -23 -30 +39
€¥ 0 -19 +25 -30 -30 -30 +30
$¥ +22 -14 +1 +10
total: -101
Moderate losses this morning, appalling losses this afternoon - time to accept early afternoons just aren't worth bothering with using this system.
Wouldn't have been quite so bad if I wasn't over eager with the trailing stops this morning, and had used bigger stops this afternoon. Does help put last week's big winnings into perspective though.
£$ -30 -20
€$ +10 +20 -30
€£ -3 -15
£¥ +30 -24 +10 -23 -30 +39
€¥ 0 -19 +25 -30 -30 -30 +30
$¥ +22 -14 +1 +10
total: -101
Moderate losses this morning, appalling losses this afternoon - time to accept early afternoons just aren't worth bothering with using this system.
Wouldn't have been quite so bad if I wasn't over eager with the trailing stops this morning, and had used bigger stops this afternoon. Does help put last week's big winnings into perspective though.
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jrplimited
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Hi Gavin,
Join the club! I got sliced and diced by GU and EU this morning, only EG trade saved me from a washout. Cant think whats going on apart from the fact that nothing really is going on....
Hope you dont mind this post on your thread, N's thread is a ghost town - best regards,
Simon.
Hi Simon
Yep, same story as yesterday for me. Conditions must just be out of sync with my system settings (or that's what I'm telling myself). Going from the similarities last week, we're probably using some similar parameters, but trading the Yen pairs amplifies my losses big time!
Got bored by lunchtime and thought I'd try something different - set 20 pip targets with some different entry requirements, which worked better but then it got a bit clearer this afternoon anyway.
Better luck tomorrow - Gavin
This week's chopfest has helped me refine a couple of things, so the "final" evolution has evolved a little more. Was looking forward to seeing how it performed today, but so far this morning everything's been in neutral, so I suppose having no signals is probably a good sign.
Huge moves in the Yen pairs today, once they got going... why is it that always happens when I don't have the time to trade? On paper, today would be fantastic. The reality would probably be less than perfect given my trailing stop habits but it's a choker to see.
EOD Pip Report:
£$ +34 +10 0
€$ +21
€£ -26
£¥ -35 +81 -31 -38 +37 +41
€¥ +69 +35 -30 -20 0 +36
$¥ --
total: +184
(post 3pm: +26)
Waited 'til 3pm before trading this afternoon, but it was still far more trouble than it's worth - down over 100 on the first 4 yen trades so got really jumpy trying to make it back. The 2 yen crosses were hovering around the signal zone for what seemed like ages until they finally crawled upwards, so that's obviously the sensitive zone for this current incarnation of the system. Either need bigger stops or a slightly earlier entry... or just need to accept it's not worth bothering with in the afternoon.
£$ +34 +10 0
€$ +21
€£ -26
£¥ -35 +81 -31 -38 +37 +41
€¥ +69 +35 -30 -20 0 +36
$¥ --
total: +184
(post 3pm: +26)
Waited 'til 3pm before trading this afternoon, but it was still far more trouble than it's worth - down over 100 on the first 4 yen trades so got really jumpy trying to make it back. The 2 yen crosses were hovering around the signal zone for what seemed like ages until they finally crawled upwards, so that's obviously the sensitive zone for this current incarnation of the system. Either need bigger stops or a slightly earlier entry... or just need to accept it's not worth bothering with in the afternoon.
