Thanks
Bro you need to read all posts and it will be clear to you.
Thanks
Bro you need to read all posts and it will be clear to you.
[B]Current Status…[/B]
[U]Closed Trades:[/U]
USDCHF short from 0.9308 hit the TP for + 48 Pips.
EURUSD long from 1.3259 hit the Stop Loss for -40 Pips.
[U]Open Trades:[/U]
None.
[U]New Trades:[/U]
USDCHF short from 0.9261
EURUSD long from 1.3299
CHFJPY Long from 105.98
Ok, I will.
Thanks very much!
EURUSD from 13292 (31 Jul 16:00) stopped out at 13237 for -55
USDCHF sell from 9275 (31 Jul 16:00) stopped at 9327 for -52
I have an EA that is set to the conditions from Art of Automation System review and it does not produce the same results that were achieved for the same timeframe (January 2012 - June 2013)…However, I’m getting some mismatched chart errors, so I need to look into the quality of my tick data. Looking at the results, a lot of losers are seen from just crossing over the SMA and then retracing. Essentially, the SMA acts like a support/resistance and while this helps once you are in a trending trade, you can get stuck in quite a few trades that just bounce off against you.
New Trade: EURJPY Daily turned up on the close of the 12:00 bar
EURJPY Long from 13129 (1 Aug 12:00) stop 13029 (max 100 pips) 23 pips (ATR 54+39/4) behind MA 13051
USDJPY Daily turned UP on the close of the 16:00 bar, however the close price of 9943 was more than 100 above MA 9839, so I didn’t take it.
Same things here bro.
[U]Yesterday’s Closed Trades:[/U]
USDCHF short from 0.9261 hit SL for - 59 Pips
EURUSD long from 1.3299 hit SL for - 48 Pips
I manually closed CHFJPY Long from 105.98 for +26 Pips
[U]Today’s Status:[/U]
I also opened two new trades of EURJPY and AUDNZD but I close them after about 8 hours for +26 and +18 Pips respectively because I dont want to run my trades on NFP day.
Will not take any new trade on Friday so will see ya guys after the weekend. Have a nice weekend guys.
USDCAD Daily turned UP on the close of the 20:00 bar, however the close price of 10348 was a fair way from the MA(34) of 10286 (and NFP day) so I didn’t take it.
EURGBP buy from 8622 (25 Jul 8:00) stopped 9 pips (ATR 27+9/4) behind MA of 8687 for +56
New Trades:
EURGBP buy from 8691 (2 Aug 16:00) stop 9 (ATR27+9/4) behind MA at 8687
EURUSD buy from 13277 (2 Aug 12:00) stop 18 (ATR51+23/4) behind MA at 13240
USDCHF short from 9277 (2 Aug 16:00) stop 11 (ATR42+2/4) behind MA at 9315
harmonicphil - will you be reporting monthly stats?
JULY 2013 SUMMARY
I don’t have a lot of time to provide a complete breakdown but here we go.
I made 34 trades and as I expected I had more losers than winners (20 losers and 14 winners), The average winning trade was 1.43% and the average losing trade was -0.96% giving me a total return of +0.79% for the month based on 1% risk per trade.
Note: I still have 1 trade which was opened in July still open (AUDUSD) and the above figures include this trade being stopped out at it’s current Stop loss - I will provide my “official” results for July when this trade gets stopped out.
Considering I have only been doing this for a month I am more than happy that I have made a small profit, I will continue into August and continue to post my progress here - Thanks to all of you who have contributed and made the start of this journey more interesting and interactive.
And we thankyou for letting us know about this system. I ll be following this thread and I hope many others will continue to post here. What I noticed in this small time that this system is not bad its just that one should strictly look for upcoming news and then trade accordingly. Also I have not restricted myself to 8 pairs only. I have made good pips on non major pairs using this system.
[B]My Current Statistics:[/B]
[U]Closed Trades:[/U]
None.
[U]Previous Open Trades:[/U]
None.
[U]New Trades Opened:[/U]
EURUSD Long from 1.3283 (TP 1.3341 and SL 1.3246)
USDCHF Short from 0.9288 (TP 0.9233 and SL 0.9314)
I am also looking to go Long on EURGBP once the trend is confirmed and also keeping an eye to go short on GBPCHF once I get the trend confirmation.
Thanks harmonic and kashif314 - much appreciated - And to be honest 1 month with a new system no matter how good it is - To make a profit (in public too) is a great achievement - Hats off!
EURGBP long from 8691 (2 Aug 16:00) stopped at 8678 (2 Aug 20:00) for -13
EURUSD long from 13277 (2 Aug 12:00) stopped at 13240 (5 Aug 16:00) for -37
USDCHF short from 9277 (2 Aug 16:00) stopped at 9315 (5 Aug 12:00) for -38
[QUOTE=“harmonicphil;516220”]EURGBP long from 8691 (2 Aug 16:00) stopped at 8678 (2 Aug 20:00) for -13
EURUSD long from 13277 (2 Aug 12:00) stopped at 13240 (5 Aug 16:00) for -37
USDCHF short from 9277 (2 Aug 16:00) stopped at 9315 (5 Aug 12:00) for -38[/QUOTE]
Never mind we can not win them all, better luck next time x
New Trade:
EURUSD Long from 13259 (5 Aug 16:00) stop at 13240, 18 (ATR51+23/4) behind MA of 13258