MY TRADING JOURNAL - Range Filters on EUR/USD

[uptick]

Originally Posted by cadarkitek

I think you should re-think your strategy on this pair, that last entry you post has produce over 100pips and counting. Just like that short entry yesterday it move about 70pips after you exited.

hi. yea, good point. you get so caught up in your own strategy sometimes you fail to see the obvious.

anyways, i would have to go and backtest using a larger profit target to see. i might be able to go for 50, for example, scaling out at 25 or so. but i would still to do some research to see if i could even capture that many pips on my trades.

thanks for the heads up.

[uptick]

Originally Posted by sirieth

Nice journal Uptick. Is there some where I can read about your system?

hi sirieth. i dont have my system posted. just keeping a journal of how it does. i'll post a link to my website as soon as i finishing uploading the performance report so you can view its historicals.

keep in touch and good luck trading.

[uptick]

930 signal...

Long at 1.5625
Exited at 1.5641

Initial long looked like a solid signal. Got out right when EURUSD was hitting on 15min 50day and right when consumer confidence was coming out. Trying to end the month strong and hoping to finish above my 150 avg.


Today +16
MTD +142



[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."

[uptick]

930 signal...

Long at 1.5617
Exited at 1.5630

Initial long was a solid signal. EURUSD initially dropped a bit but eventually got going on the upside. I got out when it was hitting the 5min 50day MA. It broke it and kept going higher, but I was happy with 13 pips today.

Today +13
MTD +155



[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."

[cadarkitek]

I'm still looking for a reversal in this pair to the upside. See chart below. All the red arrows were nice trades, I only made one which is still open. TP-1 hit, looking to breakeven on 2nd lot and become a bear. If i was a scalper I would lock in a lot of pips from this pair today.

[uptick]

930 signal...

Short at 1.5565
Stopped at 1.5580

EURUSD kept climbing as soon as my short came in. Just popped up and stopped me out at -25. One day left, lets finish strong!

Today -25
MTD +130



[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."

[uptick]

930 signal...

Long at 1.5569
Exit at 1.5549

Will probably take my loss if it breaks the 5min 50day and call it a month.

Took my loss when it broke 5min 50day. April's done.

Today -20
MTD +110


[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."

[uptick]

April +110
March +165
February -23
January +267




"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."

[uptick]

930 signal...

Short at 1.5479
Exit at 1.5463

Went short at US market open and felt great about it since it was riding down the 15min resistance trend line. Was breakeven when ISM and Construction Spending news came out and EURUSD dropped right after the news was released. EURUSD was hitting day low and was worried it could bounce and wasn't comfortable holding it much longer. Good start to May.

Today +16
MTD +16


[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."

[uptick]

930 signal...

Long at 1.5409
Exit at 1.5414

got a long signal on EURUSD which made me nervous, but i went long anyways (gotta follow the system). decided to take 5 pips since NFP news was positive for USD and i just had a feeling EURUSD would weaken further.

Today +5
MTD +21


[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."