MY TRADING JOURNAL - Range Filters on EUR/USD

[uptick]

A fitting end to this week.

Signal at 9.30

Short at 1.4476
Profit at 1.4427 (49 pips)
Stop at 1.4501 (25 pips)

Stopped at 1.4501
Today -25
MTD -76


[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]

Here's a backtested report for people to view. This strategy has treated me well. I'm just going to keep chugging along and keep my head up.

Enjoy your weekend!

[uptick]

Ok. I've optimized my strategy this weekend (I do it every weekend) and my new profit target is 28 pips and stop loss remains at 25 pips. I'm ready for Monday. Can't wait to start trading again.

See you Monday!

[uptick]

Signal at 9.30

Buy at 1.4497
Profit at 1.4525 (28 pips)
Stop at 1.4472 (25 pips)

Profit Target hit +28

Today +28
MTD -48



[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."

[jimbospeed]

Hey...

Looks like you'll have another +pips day...

One thing I noticed, do you really feel like you have to trade every day or most days?? Fence sitting is a position right???

have a great one

J.

[uptick]

Originally Posted by jimbospeed

Hey...

Looks like you'll have another +pips day...

One thing I noticed, do you really feel like you have to trade every day or most days?? Fence sitting is a position right???

have a great one

J.

well... the strategy was designed to trade daily, although there are times where it takes no position.

it's just one of those strategies that doesnt look to make 200 pips a day... it has a relatively small profit and stop. the intention is to build the account slowly but surely. but like any strategy it goes through drawdowns... you just have to stick with it.

good luck with your trading!

[uptick]

Signal at 9.30

Short at 1.4594
Profit at 1.4566 (28 pips)
Stop at 1.4619 (25 pips)


End of Day Close at 1.4582

Today +12
MTD -36




[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]

Signal at 9.30

Buy at 1.4544
Profit at 1.4572 (28 pips)
Stop at 1.4521 (25 pips)


Profit Target hit at 1.4572

Today +28
MTD -8




[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]

Signal at 9.30

Buy at 1.4589
Profit at 1.4617 (28 pips)
Stop at 1.4565 (25 pips)


Profit Target hit at 1.4617

Today +28
MTD +20




[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]

Signal at 9.30

Short at 1.4673
Profit at 1.4645 (28 pips)
Stop at 1.4698 (25 pips)

Strategy reversed and went Long at 1.4687 (-15 pips)

Long at 1.4687
Profit at 1.4715 (28 pips)
Stop at 1.4662

Stopped at 1.4662 (-28)

Strategy almost hit profit target, but just came short.

Today -43
MTD -23






[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."