Playing stochastics cross on daily. Stochs just crossed up and 50day is uptrending. I'm going long EURUSD. Let's see what happens. If i hit the 50day at around Target 1, i might just close out the whole position.
Hit daily 50day and decided to get out. reached 1.5493... no need to risk to get that extra 4 pips. out at 1.5583.
Long EURUSD at 1.5497
Exit at 1.5583
Trade P/L: +86
MTD: +119
DO NOT TRADE OFF THESE SIGNALS. I AM ONLY TRADING THIS STRATEGY IN A DEMO ACCOUNT.
[Please don't trade off of the inputs I enter here (as they will be old news by the time i post it). At some point I will setup a desktop sharing program for those interested in following it live]
"Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results."
Last edited by uptick; 05-06-2008 at 11:26 AM.
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