I have developed a simple set and forget EURUSD trading system that trades once a day. It requires screen-watching for Entry. When entered I will use a stealth EA to hide from the Broker my real Stop Loss and Take Profit which is 20/30. It also utilizes a little of martingale and hopefully develop this as an EA
Below shows my manual back-testing for May and June
= 30 pips
= -20 pips
MAY +190 PIPS
1 SELL 1 LOT @ 1.3888 +
2 BUY 1 LOT @ 1.3827 +
5 NO TRADE
6 SELL 1 LOT @ 1.3904 -
7 BUY 1 LOT @ 1.3913 +
8 SELL 1 LOT @ 1.3925 -
9 BUY 1 LOT @ 1.3824 -
12 BUY 2 LOTS @ 1.3754 +
13 BUY 1 LOT @ 1.3742 -
14 BUY 1 LOT@ 1.3702 -
15 BUY 2 LOTS @ 1.3691 -
16 BUY 3 LOTS @ 1.3702 +
19 SELL 1 LOT @ 1.3720 +
20 BUY 1 LOT @ 1.3691 +
21 SELL 1 LOT @ 1.3717 +
22 BUY 1 LOT @ 1.3664 -
23 BUY 1 LOT @ 1.3637 -
26 BUY 2 LOTS @ 1.3637 -
27 SELL 3 LOTS @ 1.3655 +
28 BUY 1 LOT @ 1.3617 -
29 BUY 1 LOT @ 1.3589 +
30 SELL 1 LOT @ 1.3615 -
JUNE
2 BUY 1 LOT @ 1.3615 -
3 BUY 1 OT @ 1.3609 +
4 SELL 1 LOT @ 1.3614 -
5 BUY 1 LOT @ 1.3560 -
6 BUY 2 LOT @ 1.3640 +
9 SELL 1 LOT @ 1.3664 +
10 Buy 1 lot @ 1.3568 -
11 BUY 1 LOT @ 1.3529 +
12 BUY 1 LOT @ 1.3536 -
13 Sell 1 lot @ 1.3571 +
16 BUY 1 LOT @ 1.3526 +
17 SELL 1 LOT @ 1.3577 +
18 Sell 1 lot @ 1.3558 -
19 SELL 1 LOTS @ 1.3616 -
20 BUY 2 LOTS @ 1.3611 -
23 BUY 3 LOTS @ 1.3592 +
25 SELL 1 LOT @ 1.3618 -
26 BUY 1 LOT @ 1.3616 -
27 BUY 2 LOTS @ 1.3615 +
AS I will be entering at Market orders, the signals will be a little delayed.
Follow at your own risks…
Very good. Last 2 signals were in profit. I don’t trade your signals, but I recognize there is value in your observation. Now to my question. If I were to SELL or BUY 1 LOT (one full lot of 100.000 units) in EUR/USD, I would spike the hell out of the market with my FXCM broker. So, what do you do different ?
Hi Scalpgoat, your forum profile mentions you live in Singapore. Unfortunately, we do not accept clients from Singapore.
For traders who live elsewhere, I’d like to state for the record that FXCM accepts all EA strategies, since on our No Dealing Desk (NDD) forex execution, we make our money off client trading volume, not client losses.
I’d like to investigate this further. Can you provide an example of this happening? FXCM has ample liquidity to execute orders of that size. In fact, you’d be hard pressed to find another retail broker that can match the average retail customer trading volume of $12.0 billion and the average of 345,324 retail client trades that FXCM had per day in May.
I opened my first FXCM account when you guys were having 5 pips spread and a com of $10 to $12 per round turn… but that was years back. Why not accepting clents from Singapore?
New regulations in Singapore now require that a company be registered in the country in order to offer trading services to residents. Unfortunately, FXCM’s closest registered office is in Hong Kong. :34: