3 Majik Duck$ - My attempt

2018-12-17. Today two trades were closed. Trade 123 EUR/AUD was stopped for a gain. Trade 124 EUR/NZD was stopped for a loss. Working hard at not overtrading.

Trade # 123
Session Set TOYOKO
Date Set 2018-12-16
Time Set 5:04:00 PM
Session Triggered TOYOKO
Date Taken 2018-12-16
Time Taken 5:04:00 PM
Session End NEW YORK
End Date 2018-12-17
Time End 6:12:00 AM
Long/Short Long
Taken At Market Y
Days Active 1.00
Pair EUR/AUD
Daily Range 97
Pip SL 40
PIP TP 50
R/R Ratio 1.25
SL % DR 41.24%
Entry Price 1.57672
TP Price 1.58196
SL Price 1.57296
H4 duck price 1.56715
H1 duck price 1.57448
M5 duck price 1.57522
H4 Duck Strong slope higher entry below duck
H1 Duck Sloping higher and entry above duck
M5 Duck Sloping higher and entry above duck
Level taken explanation Buying AM. Pair is in bullish uptrend as seen by H1 and the H4 ducks. Pair has just broken no session support and is breaking higher in the Asian session. Thinking the pair will return to the highs created last Friday
Sl Placement SL is below the previous trading days support
TP Placement TP is set at the resistance from previous day
Fundamental
Risks
Updates
Account Balance 389.83
Amount Risked $ 3.89
Risked % 1.00%
$ Gained/Lost 1.92
% Gained/Lost of trade 49.36%
Gained/Lost % of account 0.49%
Happened Bought the pair AM. Pair did run higher and I moved the TP higher while locking in the gains. Pair fell to the ADJ SL for a gain
Improvements I think the trends on this trade were good. Both H1 and the H4 were moving higher nicely. I think trying to let it run was good and it is a shame it didn’t. However I only got half the gain I would have had if I had just left the TP where it was… Its always a risk when trying to get extra gains.

Trade # 124
Session Set NEW YORK
Date Set 2018-12-17
Time Set 5:26:00 AM
Session Triggered NEW YORK
Date Taken 2018-12-17
Time Taken 5:26:00 AM
Session End NEW YORK
End Date 2018-12-17
Time End 5:24:00 PM
Long/Short Long
Taken At Market Y
Days Active 0.00
Pair EUR/NZD
Daily Range 109
Pip SL 70
PIP TP 110
R/R Ratio 1.571428571
SL % DR 64.22%
Entry Price 1.66698
TP Price 1.67761
SL Price 1.65961
H4 duck price 1.65187
H1 duck price 1.66143
M5 duck price 1.66459
H4 Duck New slope started, entry above duck
H1 Duck strong slope higher, entry above duck
M5 Duck strong slope higher, entry above duck
Level taken explanation Buying AM. Pair has broken the TOYOKO session highs from earlier in the trading day. I am buying at a level that would have been the resistance break. Trend is up as seen by the H1 and the H4 ducks. Thinking the price will run higher in direction of the trend
Sl Placement SL I was below the swing support from todays trading
TP Placement TP is set at the resistance from nov 23rd
Fundamental
Risks
Updates
Account Balance 389.83
Amount Risked $ 3.89
Risked % 1.00%
$ Gained/Lost -4.12
% Gained/Lost of trade -105.91%
Gained/Lost % of account -1.06%
Happened Bought this pair at the level of the ASIAN session resistance break earlier in the trading day. The pair went a bit higher but then seemed to meltdown during the next days Asian session. Ran to the SL
Improvements I think the trend on this pair was good. The entry was at a good level, it was a bit late but was at an adequate level of the Asian session resistance break. I really am not sure what happened with the meltdown that occurred at the start of the new session. I didn’t see any news or anything. Kind of strange

4

2018-12-18. Two trades closed out. Both gains. Trade 120 USD/CAD and Trade 121 AUD/JPY

Trade # 120
Session Set NEW YORK
Date Set 2018-12-12
Time Set 7:08:00 AM
Session Triggered NEW YORK
Date Taken 2018-12-13
Time Taken 5:40:00 AM
Session End NEW YORK
End Date 2018-12-18
Time End 7:59:00 AM
Long/Short Long
Taken At Market N
Days Active 5.00
Pair USD/CAD
Daily Range 110
Pip SL 48.1
PIP TP 59.5
R/R Ratio 1.237006237
SL % DR 43.73%
Entry Price 1.33833
TP Price 1.34428
SL Price 1.33352
H4 duck price 1.33102
H1 duck price 1.33751
M5 duck price 1.33678
H4 Duck Strong slope lower, entry below the duck
H1 Duck Strong slope lower, entry below the duck
M5 Duck Entry above duck
Level taken explanation Buying pair on a break above the minor resistance created in the EURO session. Pair is in an uptrend as seen by H1 and H4 ducks. Thinking a move back higher will occur.
Sl Placement SL is below the current swing low of the EURO and US session overlap.
TP Placement TP is set at the resistance created Dec 6th
Fundamental
Risks
Updates
Account Balance 393.88
Amount Risked $ 3.93
Risked % 1.00%
$ Gained/Lost 4.87
% Gained/Lost of trade 123.92%
Gained/Lost % of account 1.24%
Happened Pair was bought on a break of some small resistance. Pair initially almost was stopped out but then recover and ran higher. Took several days but spiked into the TP on risk aversion
Improvements The H4 trend was good. The H1 trend wavered a but because when I set the order the ducks as sloping but when it was triggered the duck had lost its trend. This might have been one to cancelled and set at another time. However the trend remained upwards as seen by H4 and the pair did make it to the TP, would have been nice to get some extra pips but the TP was not greedy

Trade # 121
Session Set TOYOKO
Date Set 2018-12-13
Time Set 5:27:00 AM
Session Triggered NEW YORK
Date Taken 2018-12-17
Time Taken 5:39:00 AM
Session End TOYOKO
End Date 2018-12-17
Time End 9:51:00 PM
Long/Short Short
Taken At Market N
Days Active 0.00
Pair AUD/JPY
Daily Range 82
Pip SL 30
PIP TP 50
R/R Ratio 1.666666667
SL % DR 36.59%
Entry Price 81.20000
TP Price 80.70200
SL Price 81.44800
H4 duck price 82.06400
H1 duck price 81.81100
M5 duck price 81.34500
H4 Duck Strong slope lower, entry below duck
H1 Duck New slope lower, Entry below duck
M5 Duck Strong slope lower, entry below duck
Level taken explanation Selling paid at a break of the support created in the current EURO Session. Pair is bearish and I think it will make another move lower in direction of the trend
Sl Placement SL is above the EURO session resistance
TP Placement TP is set at the support before 80.406
Fundamental
Risks
Updates
Account Balance 393.88
Amount Risked $ 3.95
Risked % 1.00%
$ Gained/Lost 3.02
% Gained/Lost of trade 76.46%
Gained/Lost % of account 0.77%
Happened Pair was sold one break of the Support created Dec 14th. Pair ran lower in direction of the trend and then I added trade 126 NZD/JPY. Therefore I reduced risk on this trade. Pair hit the ADJ SL twice before hitting the initial TP.
Improvements The entry on this trade was good. The trend was lower and it was at a good level. I don’t think reducing risk was wrong because I did want to protect some gains and wanted to short NZD/JPY. Its always a tough call when I reduce the risk as to where I put the ADJ SL. This time price hit it before heading even lower. Not always the case though.

2018-12-19. Tree trades were closed out today. NZD/JPY Trade 126 was a good gain. Would have been nice to get more. Trade 127 GBP/JPY was stopped at BE, I derisked due to the news. Trade 129 GBP/AUD was a gain.

Trade # 126
Session Set TOYOKO
Date Set 2018-12-17
Time Set 9:17:00 PM
Session Triggered NEW YORK
Date Taken 2018-12-18
Time Taken 8:25:00 AM
Session End NEW YORK
End Date 2018-12-19
Time End 11:55:00 AM
Long/Short Short
Taken At Market N
Days Active 1.00
Pair NZD/JPY
Daily Range 71
Pip SL 39.4
PIP TP 60.9
R/R Ratio 1.545685279
SL % DR 55.49%
Entry Price 76.98400
TP Price 76.42600
SL Price 77.38300
H4 duck price 0.77631
H1 duck price 0.77130
M5 duck price 0.77082
H4 Duck Strong slope lower, entry below duck
H1 Duck Strong slope lower, entry below duck
M5 Duck Entry below duck
Level taken explanation Selling at a break of the support created in the Asian session. Pair is very bearish as seen by H1 and the H4 ducks. There is risk aversion in the markets as the stock markets have been falling. I think this pair will hit the entry during the EURO session and run lower to the support at 76.359
Sl Placement SL is above the resistance at 77.284 and the weekly highs
TP Placement TP is set before the 76 support
Fundamental
Risks
Updates
Account Balance 387.48
Amount Risked $ 3.89
Risked % 1.00%
$ Gained/Lost 6.068
% Gained/Lost of trade 155.99%
Gained/Lost % of account 1.57%
Happened Sold this pair in a downtrend. Pair hit the entry during the US session and went sideways ahead of the FOMC. The FOMC occurred and the pair launched lower on risk aversion due on stocks to higher borrowing costs.
Improvements The trend was good on this trade. I suppose it was a bit risky taking the position a day ahead of the event. By the time the pair triggered the sell the H1 duck had lost its slope though. It would have been nice to get a larger gain but the move lower happened pretty quickly and its real easy to be too greedy.

Trade # 127
Session Set NEW YORK
Date Set 2018-12-18
Time Set 6:22:00 AM
Session Triggered NEW YORK
Date Taken 2018-12-18
Time Taken 6:33:00 AM
Session End TOYOKO
End Date 2018-12-18
Time End 11:23:00 PM
Long/Short Short
Taken At Market N
Days Active 0.00
Pair GBP/JPY
Daily Range 172
Pip SL 33.5
PIP TP 42.6
R/R Ratio 1.271641791
SL % DR 19.48%
Entry Price 142.35100
TP Price 141.92500
SL Price 142.68600
H4 duck price 143.02600
H1 duck price 142.58100
M5 duck price 142.36000
H4 Duck Strong slope lower, entry below duck
H1 Duck Strong slope lower, entry below duck
M5 Duck Entry below the duck
Level taken explanation Selling pair on the break of the EURO session support. Pair is in a strong downtrend as seen by h1 and the H4 ducks. Pair has made a retracement during the EURO session and I think the pair will head back to the support in the US session.
Sl Placement SL is above the swing high made during todays EURO session
TP Placement TP is set at the support from this week
Fundamental
Risks
Updates
Account Balance 390.47
Amount Risked $ 3.90
Risked % 1.00%
$ Gained/Lost 0.05
% Gained/Lost of trade 1.28%
Gained/Lost % of account 0.01%
Happened Pair was sold after a move higher in the EURO session. The pair crashed back down in overlap and the sell was triggered. Initially there was a lot of sideways movement. Then I ended up reducing the risk to BE due to the GBP news overnight. Pair hit the BE level then ran lower to the TP.
Improvements I think the entry was good on this trade. It was after a pullback and in direction of the H1 and the H4 sloping ducks. Trade took way longer than anticipated to hit the TP though which was a issue. I think it was a good idea to derisk though because that GBP news event was risk. Unfortunate the outcome of this trade but i am thinking it was a result of the trade rolling over into the second day and the news event causing me to derisk

Trade # 129
Session Set NEW YORK
Date Set 2018-12-19
Time Set 6:20:00 AM
Session Triggered NEW YORK
Date Taken 2018-12-19
Time Taken 6:20:00 AM
Session End NEW YORK
End Date 2018-12-19
Time End 11:03:00 AM
Long/Short Long
Taken At Market Y
Days Active 0.00
Pair GBP/AUD
Daily Range 173
Pip SL 62
PIP TP 70
R/R Ratio 1.129032258
SL % DR 35.84%
Entry Price 1.76156
TP Price 1.76814
SL Price 1.75494
H4 duck price 0.75461
H1 duck price 0.75818
M5 duck price 0.75821
H4 Duck Strong slope higher entry above duck
H1 Duck Strong slope higher entry above duck
M5 Duck Entry above duck
Level taken explanation Bought AM, pair is breaking above the resistance created in the EURO session at 1.76095ish. Pair is bullish as seen by H1 and the H4 trends. Thinking price will revisit the 1.76843 level
Sl Placement SL is below the swing support at1.75565
TP Placement TP is set at the resistance at 1.76843
Fundamental
Risks
Updates
Account Balance 395.06
Amount Risked $ 3.90
Risked % 0.99%
$ Gained/Lost 4.23
% Gained/Lost of trade 108.46%
Gained/Lost % of account 1.07%
Happened After a pullback the pair was bought on a resistance level break. Trend was up. Pair moved higher and then the FOMC spiked it into the TP.
Improvements The trend was good on this trade. I suppose it was a bit risky taking the position a day ahead of the event. However the buy was at a good level. The FOMC was a lucky outcome. It would have been nice to get a larger TP but it is too easy to be greedy

2018-12-20. 4 trades were closed out. Trade 125 AUD/USD was a big gain. Trade 128 CAD/CHF was also a big gain. Trade 131 AUD/JPY was a minor gain and trade 135 AUD/JPY was a bit gain.

Overall a good day. I was really able to capitalize on the strong move in the pairs from the risk aversion. I was careful when taking trades to ensure if I was adding extras on other associated pairs that I had reduced my risk to 0 so my exposure was not too high.

Trade # 125
Session Set NEW YORK
Date Set 2018-12-17
Time Set 5:44:00 AM
Session Triggered NEW YORK
Date Taken 2018-12-17
Time Taken 5:44:00 AM
Session End TOYOKO
End Date 2018-12-19
Time End 11:50:00 PM
Long/Short Short
Taken At Market Y
Days Active 2.00
Pair AUD/USD
Daily Range 87
Pip SL 34.9
PIP TP 63.9
R/R Ratio 1.830945559
SL % DR 40.11%
Entry Price 0.71729
TP Price 0.71090
SL Price 0.82078
H4 duck price 0.72365
H1 duck price 0.71949
M5 duck price 0.71775
H4 Duck Downward sloping, entry below duck
H1 Duck Downward sloping, entry below duck
M5 Duck entry below duck
Level taken explanation Selling at a break of the support created during the EURO session. Pair is bearish as seen by h1 and h4 ducks. Thinking the price will make a move lower in direction of the trend.
Sl Placement SL is above resistance identified at .71995
TP Placement TP is set before the support at .70872
Fundamental
Risks
Updates
Account Balance 389.83
Amount Risked $ 3.89
Risked % 1.00%
$ Gained/Lost 6.69
% Gained/Lost of trade 171.98%
Gained/Lost % of account 1.72%
Happened This pair was sold during in a downtrend before the US FOMC occurred. The pair ran lower during the FOMC and I moved the TP further to lock in gains. Adjusted the SL before sleeping at end of Asian session and the pair ran higher into the ADJ SL for a good gain
Improvements This was a bit risky to sell before the FOMC. The trend was lower though. The FOMC was luckily on my side and it was good I tired to let it run while locking in the gains.

Trade # 128
Session Set NEW YORK
Date Set 2018-12-18
Time Set 6:31:00 AM
Session Triggered NEW YORK
Date Taken 2018-12-18
Time Taken 8:07:00 AM
Session End NEW YORK
End Date 2018-12-20
Time End 11:03:00 AM
Long/Short Short
Taken At Market N
Days Active 2.00
Pair CAD/CHF
Daily Range 57
Pip SL 38.9
PIP TP 54.2
R/R Ratio 1.393316195
SL % DR 68.25%
Entry Price 0.73789
TP Price 0.73247
SL Price 0.74178
H4 duck price 0.74310
H1 duck price 0.74272
M5 duck price 0.73937
H4 Duck Strong slope lower, entry below duck
H1 Duck Strong slope lower, entry below duck
M5 Duck Strong slope lower, entry below duck
Level taken explanation Selling pair on a break of the support made in the EURO US overlap. Pair is bearish as seen by H1 and the H4 ducks. Thinking that a move lower on risk aversion will take this pair into new lows on the day
Sl Placement SL is above the trading days resistance
TP Placement TP Is set at support from Sept 6
Fundamental
Risks
Updates
Account Balance 390.47
Amount Risked $ 3.90
Risked % 1.00%
$ Gained/Lost 9.67
% Gained/Lost of trade 247.95%
Gained/Lost % of account 2.48%
Happened pair was sold on break of the EURO US overlap. Trend was down. Pair took a few days but fell lower on risk aversion. Moved the TP lower to get extra gains and got a huge gain.
Improvements This was a good trade. The trend was lower on H1 and the H4. I sold on break of the overlap session and my SL was not placed in a greedy fashion. It was lucky that the FOMC aided this position but it was good management letting it run to the next level lower.

Trade # 131
Session Set TOYOKO
Date Set 2018-12-19
Time Set 8:30:00 PM
Session Triggered TOYOKO
Date Taken 2018-12-19
Time Taken 8:30:00 PM
Session End TOYOKO
End Date 2018-12-19
Time End 11:26:00 PM
Long/Short Short
Taken At Market Y
Days Active 0.00
Pair AUD/JPY
Daily Range 82
Pip SL 35
PIP TP 55
R/R Ratio 1.571428571
SL % DR 42.68%
Entry Price 79.71000
TP Price 79.16000
SL Price 80.06000
H4 duck price 81.60400
H1 duck price 80.66800
M5 duck price 79.93700
H4 Duck Strong slope lower, entry below duck
H1 Duck Strong slope lower, entry below duck
M5 Duck Strong slope lower, entry below duck
Level taken explanation Sold AM. Pair is very bearish as seen by the H1 and the H4 ducks. Massive move lower was created today by the FOMC and the stock market falling. I sold this AM at a level that is a little bit late. A more idea level would be the no session support break below 79.806. However life events got in the way. Still feel this is a good level to sell at.
Sl Placement SL is above the no session resistance for this trade day. Also about the 79.832 resistance level
TP Placement TP is set at the 79.170 support
Fundamental
Risks
Updates
Account Balance 405.18
Amount Risked $ 4.05
Risked % 1.00%
$ Gained/Lost 2.47
% Gained/Lost of trade 60.99%
Gained/Lost % of account 0.61%
Happened Sold this pair a little bit late. The pair had already broken the no session lows and was moving lower during Asian session. Pair ran lower and I locked in gains. Pair retraced during the EURO session and hit the SL for a smaller gain.
Improvements This was in line with the market sentiment and the trends on H1 and the H4. It was a bit late though which was worrisome. I think it was good management to lock in some gains before the end of the session since there was obviously a retracement in the EURO session. Overall it was a good trade but the level sold could have been better and less forced.

Trade # 135
Session Set NEW YORK
Date Set 2018-12-20
Time Set 5:34:00 AM
Session Triggered NEW YORK
Date Taken 2018-12-20
Time Taken 5:34:00 AM
Session End NEW YORK
End Date 2018-12-20
Time End 11:42:00 AM
Long/Short Short
Taken At Market Y
Days Active 0.00
Pair AUD/JPY
Daily Range 82
Pip SL 26
PIP TP 52
R/R Ratio 2
SL % DR 31.71%
Entry Price 79.65900
TP Price 79.13900
SL Price 79.97900
H4 duck price 81.25000
H1 duck price 80.46700
M5 duck price 0.79736
H4 Duck Strong slope lower, entry below duck
H1 Duck Strong slope lower, entry below duck
M5 Duck Entry below the duck
Level taken explanation Sold this pair AM. Pair is very bearish as seen by H1 and H4 ducks. Pair made a big move lower yesterday on risk aversion from falling stocks and the USD INT rate projections. After a EURO retracement I think this pair will head even lower. Pair is sold at minor support break
Sl Placement SL is above the FTL and the EURO session resistance
TP Placement TP is set past the swing low from yesterdays Asian session
Fundamental
Risks
Updates
Account Balance 418.92
Amount Risked $ 4.18
Risked % 1.00%
$ Gained/Lost 8.66
% Gained/Lost of trade 207.18%
Gained/Lost % of account 2.07%
Happened Pair hit the entry and ran lower. I tried to move the TP lower but a reversal occurred and I closed AM.
Improvements This was a really good trade. The H4 and the H1 were trading very hard. I sold after a retracement during the EURO session. I was able to place a good SL and set a good TP. I tried to let it run unsuccessfully but still managed my original TP level for a gain. I felt like i was in sync with the market also because i suspected today would see a continuation of the risk aversion that yesterday had due to the FOMC news event.

Friday was a good day for my system. Trade 130 EUR/CAD was closed for a gain. Trade 132 EUR/AUD was closed for a gain. Trade 133 CAD/JPY was closed for a gain. Trade 134 AUD/USD was a large gain. Trade 135 NZD/CHF was a smaller gain. Trade 136 NZD/CHF was a good gain. Trade 137 EUR/NZD was a very small gain. Trade 138 EUR/GBP was a loss. Trade 139 NZD/JPY was a smaller gain.

Trade # 130
Session Set NEW YORK
Date Set 2018-12-19
Time Set 6:38:00 AM
Session Triggered NEW YORK
Date Taken 2018-12-19
Time Taken 6:38:00 AM
Session End EUROPEAN
End Date 2018-12-20
Time End 1:13:00 AM
Long/Short Long
Taken At Market Y
Days Active 1.00
Pair EUR/CAD
Daily Range 107
Pip SL 60.2
PIP TP 69.6
R/R Ratio 1.156146179
SL % DR 56.26%
Entry Price 1.53602
TP Price 1.54298
SL Price 1.53000
H4 duck price 1.52036
H1 duck price 1.52501
M5 duck price 0.53418
H4 Duck Strong slope higher entry above duck
H1 Duck Strong slope higher entry above duck
M5 Duck Entry is above duck
Level taken explanation Buying at a break of the resistance created on the EURO US overlap. Pair is bullish as seen by h1 and h4 ducks and I suspect price will move higher. CAD news is also out of the way and was bad for the CAD
Sl Placement SL is below the swing support from todays EURO session
TP Placement TP is set at resistance from July 20th
Fundamental
Risks
Updates
Account Balance 395.06
Amount Risked $ 3.90
Risked % 0.99%
$ Gained/Lost 4.62
% Gained/Lost of trade 118.46%
Gained/Lost % of account 1.17%
Happened Bought this pair in a uptrend during the overlap of US and EURO sessions. Pair initially went sideways but was unable to break 1.53177. Pair then began the move higher and spiked into the TP during the EURO session.
Improvements This was a good trend on H1 and the H4. Pair was very bullish and the SL was placed at a good level since the pair could not break 1.53177. The entry was only okay but other than that it was a solid trade

1

Trade # 132
Session Set TOYOKO
Date Set 2018-12-19
Time Set 9:02:00 PM
Session Triggered TOYOKO
Date Taken 2018-12-19
Time Taken 9:02:00 PM
Session End NEW YORK
End Date 2018-12-21
Time End 11:04:00 AM
Long/Short Long
Taken At Market Y
Days Active 2.00
Pair EUR/AUD
Daily Range 97
Pip SL 56
PIP TP 112
R/R Ratio 2
SL % DR 57.73%
Entry Price 1.60545
TP Price 1.61642
SL Price 1.59962
H4 duck price 1.57839
H1 duck price 1.58638
M5 duck price 1.60112
H4 Duck Strong slope higher, entry above duck
H1 Duck Strong slope higher, entry above duck
M5 Duck Strong slope higher, entry above duck
Level taken explanation Bought AM, pair is vey bullish as seen by H1 and the H4 ducks. Pair made a move higher today on risk aversion and has since broke the resistance created in the US session. Thinking this pair will leave the 1.60419 level behind and run higher
Sl Placement SL is below the RTL as well as the 1.60419 support.
TP Placement
Fundamental
Risks
Updates
Account Balance 405.18
Amount Risked $ 4.05
Risked % 1.00%
$ Gained/Lost 5.41
% Gained/Lost of trade 133.58%
Gained/Lost % of account 1.34%
Happened Bought this pair In the uptrend. Pair ran higher after breaking the 1.60419 level and didn’t come back./ I ended up closing near the end of the trading week for a good gain.
Improvements Analysis and the entry was good on this trade. The trend was strong upwards. Also the pair had broken the 1.60419 level and wasn’t able to get back below it. I think it was a good idea to close at the end of the week due to the Christmas week having different hours than usual.

Trade # 133
Session Set TOYOKO
Date Set 2018-12-19
Time Set 10:15:00 PM
Session Triggered TOYOKO
Date Taken 2018-12-19
Time Taken 10:15:00 PM
Session End NEW YORK
End Date 2018-12-21
Time End 7:17:00 AM
Long/Short Short
Taken At Market Y
Days Active 2.00
Pair CAD/JPY
Daily Range 83
Pip SL 63
PIP TP 63
R/R Ratio 1
SL % DR 75.90%
Entry Price 0.82903
TP Price 0.82271
SL Price 0.83531
H4 duck price 84.34400
H1 duck price 83.61600
M5 duck price 83.23400
H4 Duck Strong slope lower, entry below duck
H1 Duck Strong slope lower, entry below duck
M5 Duck Strong slope lower, entry below duck
Level taken explanation Sold AM. Pair is very bearish as seen by all 3 ducks. There has been a massive move lower today due to risk aversion because of USD INT rate news. Thinking this trend will continue on. A bit late since a better place would be 83.09 level earlier in the session.
Sl Placement SL is above the Asian session highs
TP Placement TP is set at support from June 22nd 2018
Fundamental
Risks
Updates
Account Balance 405.18
Amount Risked $ 4.05
Risked % 1.00%
$ Gained/Lost 4.18
% Gained/Lost of trade 103.21%
Gained/Lost % of account 1.03%
Happened Pair was sold during the Asian session AM. Pair moved lower the following US EURO overlap. I moved the TP lower to try to get more which as almost hit. A reversal occurred. Then another move lower happened and I moved the TP lower again. Also locked in gains ahead of the CAD news event. Pair spiked higher sharply on stock market risk taking. Hit the ADJ SL.
Improvements This wasn’t the best entry. The trend was definitely lower on H1 and the H4 and sentiment was on my side after the US FOMC decision. However it was not a good level to sell. The pair did chalk a gain but the entry was weak. Also trying to move the TP several times might have been a bit greedy. I gave up pips on that due to the stock market rally. Still good i was able to lock in the gains on this trade ahead of the CAD news event though.

Trade # 134
Session Set NEW YORK
Date Set 2018-12-20
Time Set 5:25:00 AM
Session Triggered TOYOKO
Date Taken 2018-12-19
Time Taken 5:56:00 AM
Session End EUROPEAN
End Date 2018-12-21
Time End 1:24:00 AM
Long/Short Short
Taken At Market N
Days Active 2.00
Pair AUD/USD
Daily Range 87
Pip SL 27.5
PIP TP 38.2
R/R Ratio 1.389090909
SL % DR 31.61%
Entry Price 0.71289
TP Price 0.70907
SL Price 0.71564
H4 duck price 0.71945
H1 duck price 0.71643
M5 duck price 0.71349
H4 Duck Strong slope lower, entry below duck
H1 Duck Strong slope lower, entry below duck
M5 Duck Entry below the duck
Level taken explanation Selling the market on a break below the swing support at .71325. Pair is bearish as seen by H1 and H4 sloping ducks. Pair has made a slight retracement which I want to sell back in direction of the trend
Sl Placement Sl is above the EURO session resistance
TP Placement TP is set at the Asian support
Fundamental
Risks
Updates
Account Balance 418.92
Amount Risked $ 4.18
Risked % 1.00%
$ Gained/Lost 7.35
% Gained/Lost of trade 175.84%
Gained/Lost % of account 1.75%
Happened Sold the pair after a rally in the EURO session. Pair was bearish as seen by the H1 and the H4 trends. The pair did run lower but took a day or so to hit the TP.
Improvements All in all I feel this was a good trade. The pair was definitely bearish and had a good slope. What worked out well was that there was the retracement higher which I sold. I am trying to not buy or sell at extremes and want to get into the trend after a retracement

Trade # 136
Session Set NEW YORK
Date Set 2018-12-20
Time Set 5:48:00 AM
Session Triggered NEW YORK
Date Taken 2018-12-20
Time Taken 5:48:00 AM
Session End NEW YORK
End Date 2018-12-21
Time End 1:40:00 PM
Long/Short Short
Taken At Market N
Days Active 1.00
Pair NZD/CHF
Daily Range 56
Pip SL 24.7
PIP TP 56.3
R/R Ratio 2.279352227
SL % DR 44.11%
Entry Price 0.66980
TP Price 0.66417
SL Price 0.68227
H4 duck price 0.67929
H1 duck price 0.67744
M5 duck price 0.66985
H4 Duck Strong slope lower, entry below duck
H1 Duck Strong slope lower, entry below duck
M5 Duck Entry below the duck
Level taken explanation Selling this pair on break of the small support in the beginning of the US and EURO overlap. Pair is bearish as seen by H1 and H4 ducks. Made a big move lower yesterday on heavy risk aversion due to the USD INT rate decision. After a small retracement i think the pair will head lower again.
Sl Placement SL is above the .67140 resistance
TP Placement TP is set past the support from yesterdays Asian low
Fundamental
Risks
Updates
Account Balance 418.92
Amount Risked $ 4.18
Risked % 1.00%
$ Gained/Lost 3.22
% Gained/Lost of trade 77.03%
Gained/Lost % of account 0.77%
Happened Sold the pair after a rally in the EURO session. Pair was bearish as seen by the H1 and the H4 trends. The pair did run lower after a day or so and I closed it AM near the end of the trading week.
Improvements This was a good trade in line with my system. The pair was bearish and had a good slope. There was the risk aversion which was the dominant theme of the market and was created due to the US Interest rate decision. I was able to capitalize on it. What I like about this trade was the entry was after the retracement higher.

Trade # 137
Session Set TOYOKO
Date Set 2018-12-20
Time Set 6:55:00 PM
Session Triggered TOYOKO
Date Taken 2018-12-20
Time Taken 6:55:00 PM
Session End NEW YORK
End Date 2018-12-21
Time End 1:16:00 PM
Long/Short long
Taken At Market Y
Days Active 1.00
Pair EUR/NZD
Daily Range 109
Pip SL 63
PIP TP 90
R/R Ratio 1.428571429
SL % DR 57.80%
Entry Price 1.69041
TP Price 1.69898
SL Price 1.68369
H4 duck price 1.66237
H1 duck price 1.67531
M5 duck price 1.68946
H4 Duck Strong slope higher entry above duck
H1 Duck Strong slope higher entry above duck
M5 Duck Entry is above duck
Level taken explanation Bought this pair AM. Pair is very bullish. H4 and the H1 trends are sloping sharply. Risk aversion is the current theme with the EURO being a beneficiary and the NZD being sold. Thinking this pair is going to continue the trend higher
Sl Placement SL is below the RTL and the support at 1.68634
TP Placement TP is set past the last swing high of 1.69628
Fundamental
Risks
Updates
Account Balance 437.05
Amount Risked $ 4.35
Risked % 1.00%
$ Gained/Lost 1.29
% Gained/Lost of trade 29.66%
Gained/Lost % of account 0.30%
Happened Bought this trade in direction of the uptrend. The H1 and the H4 duck both show a strong slope. The pair was able to run higher on the back of the risk aversion created from the US interest rate decision. Ended up closing at the end of the week.
Improvements Good trade. The entry was good. It is a shame that the pair came so close to the TP but then reversed. I don’t think closing it at the end of the week was the wrong idea. The SL was placed well on this trade I think also.

Trade # 138
Session Set NEW YORK
Date Set 2018-12-21
Time Set 5:24:00 AM
Session Triggered NEW YORK
Date Taken 2018-12-21
Time Taken 5:30:00 AM
Session End NEW YORK
End Date 2018-12-21
Time End 7:42:00 AM
Long/Short long
Taken At Market N
Days Active 0.00
Pair EUR/GBP
Daily Range 79
Pip SL 27.6
PIP TP 28.1
R/R Ratio 1.018115942
SL % DR 34.94%
Entry Price 0.90253
TP Price 0.89977
SL Price 0.90534
H4 duck price 0.90054
H1 duck price 0.90241
M5 duck price 0.90197
H4 Duck Strong slope higher entry above duck
H1 Duck Strong slope higher entry above duck
M5 Duck Entry above the duck
Level taken explanation Buying this pair on a break of the swing resistance at the very beginning of the EURO US overlap. Pair is bullish as seen by H1 and H4 ducks. The pair has fallen in a retracement but is holding support and I think has the ability to return to the highs.
Sl Placement SL is below the swing support in the current EURO session
TP Placement TP is set at yesterdays high
Fundamental
Risks
Updates
Account Balance 444.39
Amount Risked $ 4.35
Risked % 0.98%
$ Gained/Lost -4.42
% Gained/Lost of trade -101.61%
Gained/Lost % of account -0.99%
Happened Bought this pair on a break of the resistance in the EURO session. Pair initially moved back and forth but a spike in the stock market cause this pair to break the supports and hit the SL.
Improvements This trade was in direction of the trend. The pair was bullish and had made a retracement lower which I wanted to buy. The issue with this trade I think was the stock market decided to have a volatility spike and thus bring the EUR/GBP pair lower in the process.

Trade # 139
Session Set NEW YORK
Date Set 2018-12-21
Time Set 5:57:00 AM
Session Triggered NEW YORK
Date Taken 2018-12-21
Time Taken 6:33:00 AM
Session End NEW YORK
End Date 2018-12-21
Time End 1:40:00 PM
Long/Short Short
Taken At Market N
Days Active 0.00
Pair NZD/JPY
Daily Range 71
Pip SL 30.5
PIP TP 60.9
R/R Ratio 1.996721311
SL % DR 42.96%
Entry Price 74.86100
TP Price 74.25200
SL Price 75.16600
H4 duck price 0.77068
H1 duck price 0.75942
M5 duck price 0.74889
H4 Duck Strong slope lower entry above duck
H1 Duck Strong slope lower entry above duck
M5 Duck Strong slope lower entry above duck
Level taken explanation Selling the pair in direction of the downtrend as seen by H1 and the H4 ducks. Even the M5 duck is bearish. Selling on a break of the consolidation that occurred in the EURO session around the 74.897 level. Thinking the pair will head lower today
Sl Placement SL is above the sessions resistance at 75.00 and also the FTL
TP Placement TP is set at support from July 3rd 2018
Fundamental
Risks
Updates
Account Balance 444.39
Amount Risked $ 4.45
Risked % 1.00%
$ Gained/Lost 3.17
% Gained/Lost of trade 71.24%
Gained/Lost % of account 0.71%
Happened Sold the pair in direction of the downtrend. Pair had made a slight retracement higher during the EURO session. Pair then broke the support and made a move lower. A volatility spike from the stock market almost saw this pair stopped out. Closed the pair out for a gain at the end of the trading week.
Improvements Trend was downwards and strong so that part was good. I was capitalizing off the dominant market theme of risk aversion created by the US INT rate decision. The volatility spike was nasty but the SL was enough to not get stopped out. Good idea I think to close at the end of the week because the Christmas weeks hours are not regular.

Week 8 review. After a stunning turn of fortune the account is back in the green. This week saw a return to risk aversion in global stock markets due to the US interest rate decision. I was able to get long currencies such as the EURO and the JPY and really take advantage of the risk aversion in the second part of the week. The month long loss streak has been broken with this week. I will be doing a year end review shortly. Trading during this last week of December will be light since the market is not open for the full amount of time.

Week Start End Change Change % Trades set Trades Taken
1 $449.22 $438.84 -$10.38 -2.31% 11 8
Week Start End Change Change % Trades set Trades Taken
2 $438.84 $450.38 $11.54 2.63% 25 22
Week Start End Change Change % Trades set Trades Taken
3 $450.38 $500.34 $49.96 11.09% 25 23
Week Start End Change Change % Trades set Trades Taken
4 $500.34 $433.64 -$66.70 -13.33% 17 15
Week Start End Change Change % Trades set Trades Taken
5 $433.64 $419.08 -$14.56 -3.36% 19 18
Week Start End Change Change % Trades set Trades Taken
6 $419.08 $402.80 -$16.28 -3.88% 12 12
Week Start End Change Change % Trades set Trades Taken
7 $402.80 $389.83 -$12.97 -3.22% 9 7
Week Start End Change Change % Trades set Trades Taken
8 $389.83 $456.83 $67.00 17.19% 17 17

Okay so this is the first major review of a system I have ever done. It is with 2 months of data. There is 140 trades though. I think it would be more statistically relevant if it was around 500, but this is what I have.

Starting with the session set profit loss, it looks as though my gains appear to come from trades that are set in the EURO/US overlap. If I set them later in the US session they appear to be losses. Probably because the move has already occurred. Don’t know if this is important though because my trades last on average 13.72 hours.

image

Profit loss per session triggered. This appears to take losses during the Asia/Euro overlap. I think there are a lot of fakeouts here that trigger order but then reverse.

Profit loss per session end. New York and Australian seem to be the winners here. The Toyoko appears to create losses for me. The Australian is due to a weekend gap that triggered a bunch of TP’s so it is not too relevant.

My short long seems to be skewed at 65% short and 35% long. I don’t think this means anything.

image

Trades set and taken are shown. I am going to try to keep the weekly number close to 15.

image

Weekly starting balance is shown. I am above breakeven but have lost some profits to the commission.

image

Taken at market is show. Most of my trades are set but it appears the ones taken at market are more profitable…… Not sure what I think of this.

image

image

Next up is total gained lost per trade time. It appears I have heavy losses if my trades last less than 5 hours. The sweet spot appears to be 5 – 25 and again 50 – 65. Not sure how to analyze this but it means that I need to ensure my trades are >1 session if possible.

I calculated my Risk ratio to dollars gained/lost as a scatter graph. I don’t know how to analyze this. It appears I am good at keeping the SL’s where they should be and not moving them. Also shown as a bar.


Profit loss shown from the SL as % of Daily Range is next. This is kind of messy but I do see the area of around 28% - 35% or so as being a sweet spot. Not sure if this is statistically relevant though. I made a car as well as the scatter. I think the bar shows what I need though.


Win/loss percentage is next. 59 % loss and 41% win. However also shown is average win/loss. Looks like my average win is near 7$ where the losses are 4.5$. This puts my risk to reward at 1.52 and my expectancy .0316……


image

I have fields where I calculate the price of the ducks and the entry trigger and SL as seen below. Can anyone think of how I can use this data for some good???
Entry Price TP Price SL Price H4 duck price H1 duck price M5 duck price
1.11964 1.11655 112.21200 113.07500 112.02200 111.78900

I am not sure what else to compute here. I studied excel 2010 in 2010 at College and learned about all this but this took awhile to refresh my memory. I think what I need to do is ensure that my trades are in direction of the trend (already done) with a strong slope (already done I think) and also be triggered after a retracement. I shouldn’t sell/ buy at extremes. 2 months in and I am mostly at breakeven. Seems like I am taking losses in Asia and the ASIA/EURO overlap but getting my gains from the EURO/US overlap trades. It appears I need to keep my SL on my trades around 30% of the daily range and to ensure that they last >5 hours.

Can anyone think of anything about all this? Are you seeing something that I am missing? Is there more information that I should calculate? I have data on the following

Trade #
Session Set
Date Set
Time Set
Session Triggered
Date Taken
Time Taken
Session End
End Date
Time End
Long/Short
Taken At Market
Days Active
Pair
Daily Range
Pip SL
PIP TP
R/R Ratio
SL % DR
Entry Price
TP Price
SL Price
H4 duck price
H1 duck price
M5 duck price
H4 Duck
H1 Duck
M5 Duck
Level taken explanation
Sl Placement
TP Placement
Fundamental
Risks
Updates
Account Balance
Amount Risked $
Risked %
$ Gained/Lost
% Gained/Lost of trade
Gained/Lost % of account
Happened
Improvements

Can anyone who has lots of experience with this please lend a hand?

What do you think of my year end review?

My apologies, but I have not been following your thread!

Looks like a good little bit of analysis with your year end review - though I’d certainly look at including mean averages on your scattergrams, this will help you identify ‘typical’ expected values - more useful as and when your data set grows too.

I’d might be easier to hook up a myfxbook / FXBlue account in 2019, for your own private use, which already tracks and poulates this data for you. You can also export the raw data back into Excel if you want to make adjustments or manipulate it in a way which is different.

At the end of the day, the more data you have the better - this really helps with the learning process.

for corrective measures BeaconSandwich is on the right track.
What you really need to focus on the the winners in a row and average win rate after tossing out the highest and lowest trades percentages.
You may want to toss in things like average time trade is open compared to profit & loss.
or maybe what pairs did well or not.
Measurable data that you can make a trading rule adjustment from and is measurable.

Thanks for the input. I know about FXbook but it only works for MT4. Issue is I use Oanda V20 software which does not allow the ETAs. The MT4 wouldn’t pick up the fractional lots I use. I suspect FXblue is the same. I was also told earlier near the beginning of the tread i cant cheat my way to progress by using the trading stats in the trading program. Ill keep your ideas in my mind for the next quarterly review.

Yeah i am learning the value of recording the data. Next review i do will have even more data to draw from and i will be able to make more conclusions. Ill keep what you said in mind for the next review. Thanks for the input.

So today obviously there was that volatility spike. Shame because I was stopped on 3/4 of the JPY trades in the reversal on the US Session before they had the chance to run lower. One did survive and was a gain though on that move. Trade 140 NZDCHF was stopped as a loss. Trade 141 GBP/NZD was a BE trade. Trade 142 USD/JPY was a loss. Trade 143 CAD/JPY was a loss. Trade 144 EUR/JPY was a gain. Trade 145 AUD/JPY was a loss. Bit heavy on the trading during yesterday though.6 is a bit much.

Probably going to see if i can long the JPY again.

Trade # 140
Session Set TOYOKO
Date Set 2019-01-01
Time Set 4:18:00 PM
Session Triggered TOYOKO
Date Taken 2019-01-01
Time Taken 6:00:00 PM
Session End TOYOKO
End Date 2019-01-02
Time End 2:37:00 PM
Long/Short Short
Taken At Market N
Days Active 1.00
Hours Active -0.14
Total Time Active In Hours 10.31
Pair NZD/CHF
Daily Range 56
Pip SL 44
PIP TP 61.4
R/R Ratio 1.395454545
SL % DR 78.57%
Entry Price 0.65878
TP Price 0.65264
SL Price 0.66318
H4 duck price 0.66862
H4 duck price 30 bars ago 0.67704
H4 duck price 60 bars ago 0.68386
H1 duck price 0.66037
H1 duck price 30 bars ago 0.66351
H1 duck price 60 bars ago 0.66642
M5 duck price 0.65927
H4 Duck Strong slope, entry below duck
H1 Duck Strong slope, entry below duck
M5 Duck Entry below the duck
Level taken explanation Selling at the break of the Toyoko lows. Pair is bearish as seem ny the H1 and the H4 downward sloping ducks. Entry is in direction of the trend
Sl Placement SL is above the previous day high
TP Placement TP Is set at the support identified at .65146
Fundamental
Risks
Updates
Account Balance 456.83
Amount Risked $ 4.56
Risked % 1.00%
$ Gained/Lost -4.6365
% Gained/Lost of trade -101.68%
Gained/Lost % of account -1.01%
Happened Sold this on the break of the swing created during the No session and the beginning of Asia. Pair did move lower but stalled. Went sideways and was taken out by the volatility spike.
Improvements Good trend on H1 and the H4. No issues there. The entry was after a failed attempt at the FTL and the resistance at .66. I don’t think the entry was bad and I would take this again. The volatility spike is a infrequent occurrence and I cant really say much about it. It is a shame that i was taken out by the spread which appears to be more than 16 pips cause this would have been a gain.

Trade # 141
Session Set TOYOKO
Date Set 2019-01-01
Time Set 4:39:00 PM
Session Triggered TOYOKO
Date Taken 2019-01-01
Time Taken 5:00:00 PM
Session End TOYOKO
End Date 2019-01-01
Time End 9:19:00 PM
Long/Short long
Taken At Market N
Days Active 0.00
Hours Active 0.18
Total Time Active In Hours 2.16
Pair GBP/NZD
Daily Range 187
Pip SL 68.6
PIP TP 113.7
R/R Ratio 1.657434402
SL % DR 36.68%
Entry Price 1.90010
TP Price 1.91147
SL Price 1.89324
H4 duck price 1.87334
H4 duck price 30 bars ago 1.84886
H4 duck price 60 bars ago 1.84134
H1 duck price 1.89235
H1 duck price 30 bars ago 1.88535
H1 duck price 60 bars ago 1.88363
M5 duck price 1.89807
H4 Duck Strong slope, entry above duck
H1 Duck Strong slope, entry above duck
M5 Duck Entry above duck
Level taken explanation Buying at a break of the resistance created at the end of the No session. A break higher would be the highest the Asian has been and would be bought in dir of the trend.
Sl Placement SL is below the 1.89508 level and also a rising TL
TP Placement TP Is set at resistance created at then end of the previous EURO session.
Fundamental
Risks
Updates
Account Balance 456.83
Amount Risked $ 4.56
Risked % 1.00%
$ Gained/Lost 0.0531
% Gained/Lost of trade 1.16%
Gained/Lost % of account 0.01%
Happened Bought the break of the no session high. Pair ran higher and came about halfway to the TP. I derisked before sleep and was stopped at BE.
Improvements The entry was good on this. Strong uptrend on the H1 and the H4. It was good I derisked because it would have been a loss before the volatility spike occurred.

Trade # 142
Session Set EURO US OVERLAP
Date Set 2019-01-02
Time Set 5:08:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-01-02
Time Taken 5:08:00 AM
Session End EURO US OVERLAP
End Date 2019-01-02
Time End 6:32:00 AM
Long/Short Short
Taken At Market Y
Days Active #VALUE!
Hours Active #VALUE!
Total Time Active In Hours #VALUE!
Pair USD/JPY
Daily Range 138
Pip SL 30.8
PIP TP 53
R/R Ratio 1.720779221
SL % DR 22.32%
Entry Price 109.02000
TP Price 108.49000
SL Price 109.32800
H4 duck price 111.11600
H4 duck price 30 bars ago 112.61100
H4 duck price 60 bars ago 113.12000
H1 duck price 109.97500
H1 duck price 30 bars ago 110.655
H1 duck price 60 bars ago 110.717
M5 duck price 109.03100
H4 Duck Strong slope, entry below duck
H1 Duck Strong slope, entry below duck
M5 Duck Entry below the duck
Level taken explanation Selling at a break of the support created mid EURO session. Pair very bearish and risk aversion is plentiful.
Sl Placement SL is above the swing resistance of EURO session
TP Placement TP is set off support from May 24th
Fundamental
Risks
Updates
Account Balance 456.87
Amount Risked $ 4.51
Risked % 0.99%
$ Gained/Lost -4.49
% Gained/Lost of trade -99.56%
Gained/Lost % of account -0.98%
Happened Sold this on the break lower of the support in the mid EURO session. Pair reversed and ran higher to the SL.
Improvements Well my analysis on this trade was right. I couldn’t have foreseen the massive spike lower. However this trade failed in that my SL should have been above the FTL that can be seen on the H4 chart. This might have prevented the loss and made it a gain.

Trade # 143
Session Set EURO US OVERLAP
Date Set 2019-01-02
Time Set 5:15:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-01-02
Time Taken 5:15:00 AM
Session End EURO US OVERLAP
End Date 2019-01-02
Time End 6:58:00 AM
Long/Short Short
Taken At Market Y
Days Active #VALUE!
Hours Active #VALUE!
Total Time Active In Hours #VALUE!
Pair CAD/JPY
Daily Range 83
Pip SL 35
PIP TP 85
R/R Ratio 2.428571429
SL % DR 42.17%
Entry Price 79.92000
TP Price 79.06900
SL Price 80.26900
H4 duck price 91.99600
H4 duck price 30 bars ago 83.80400
H4 duck price 60 bars ago 84.77500
H1 duck price 80.69500
H1 duck price 30 bars ago 81.27400
H1 duck price 60 bars ago 81.40200
M5 duck price 80.00000
H4 Duck Strong slope, entry below duck
H1 Duck Strong slope, entry below duck
M5 Duck Entry below the duck
Level taken explanation Selling this pair on beak of the EUR supports form mid session. The pair is very bearish and is wanting to run lower
Sl Placement SL is above the EURO resistance
TP Placement TP is set at support from 2016 beginning
Fundamental
Risks
Updates
Account Balance 456.87
Amount Risked $ 4.51
Risked % 0.99%
$ Gained/Lost -4.47
% Gained/Lost of trade -99.11%
Gained/Lost % of account -0.98%
Happened Sold this on the break lower of the support in the mid EURO session. Pair reversed and ran higher to the SL.
Improvements Well my analysis on this trade was right. I couldn’t have foreseen the massive spike lower. However this trade failed in that my SL should have been above the FTL that can be seen on the H4 chart. This might have prevented the loss and made it a gain.

Trade # 144
Session Set EURO US OVERLAP
Date Set 2019-01-02
Time Set 5:24:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-01-02
Time Taken 5:24:00 AM
Session End AUSTRAILIAN
End Date 2019-01-02
Time End 2:34:00 PM
Long/Short Short
Taken At Market Y
Days Active #VALUE!
Hours Active #VALUE!
Total Time Active In Hours #VALUE!
Pair EUR/JPY
Daily Range 97
Pip SL 75
PIP TP 160
R/R Ratio 2.133333333
SL % DR 77.32%
Entry Price 124.20700
TP Price 122.60700
SL Price 124.95700
H4 duck price 126.79000
H4 duck price 30 bars ago 128.04300
H4 duck price 60 bars ago 128.45200
H1 duck price 125.92400
H1 duck price 30 bars ago 126.44500
H1 duck price 60 bars ago 126.25200
M5 duck price 124.61600
H4 Duck Strong slope, entry below duck
H1 Duck Strong slope, entry below duck
M5 Duck Entry below the duck
Level taken explanation Selling the pair on a break of the EURO session supports. A bit late though. Risk aversion is strong
Sl Placement SL is above EURO resistance
TP Placement TP is set June 2017 support
Fundamental
Risks
Updates
Account Balance 456.87
Amount Risked $ 4.51
Risked % 0.99%
$ Gained/Lost 9.67
% Gained/Lost of trade 214.41%
Gained/Lost % of account 2.12%
Happened Sold this on the break lower of the support in the mid EURO session. Pair reversed and came quite close to the SL during the beginning of the new day. Then spiked lower into the TP
Improvements Analysis on this was good. Strong trend lower and the JPY has a lot of buyers. This pair didn’t see the same reversal in the US Session than the others did so it was not stopped before the spike. Although it looks like it came close.

Trade # 145
Session Set EURO US OVERLAP
Date Set 2019-01-02
Time Set 5:28:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-01-02
Time Taken 5:28:00 AM
Session End EURO US OVERLAP
End Date 2019-01-02
Time End 6:00:00 AM
Long/Short Short
Taken At Market Y
Days Active #VALUE!
Hours Active #VALUE!
Total Time Active In Hours #VALUE!
Pair AUD/JPY
Daily Range 82
Pip SL 32
PIP TP 120
R/R Ratio 3.75
SL % DR 39.02%
Entry Price 76.01500
TP Price 74.81400
SL Price 76.33400
H4 duck price 78.76000
H4 duck price 30 bars ago 80.75300
H4 duck price 60 bars ago 81.93500
H1 duck price 77.41400
H1 duck price 30 bars ago 77.92000
H1 duck price 60 bars ago 78.05000
M5 duck price 76.43800
H4 Duck Strong slope, entry below duck
H1 Duck Strong slope, entry below duck
M5 Duck Entry below the duck
Level taken explanation Selling the pair since it has broken the FTL channel and I don’t think it will be able to recover back into it that easily. Pair very bearish
Sl Placement SL is above the broken FTL
TP Placement TP is set from support from April 10
Fundamental
Risks
Updates
Account Balance 456.87
Amount Risked $ 4.55
Risked % 1.00%
$ Gained/Lost -4.61
% Gained/Lost of trade -101.32%
Gained/Lost % of account -1.01%
Happened Sold this on the break lower of the support in the mid EURO session. Pair reversed and ran higher to the SL.
Improvements Well my analysis on this trade was right. I couldn’t have foreseen the massive spike lower. However this trade failed in that my SL should have been above the EURO session mid point. This might have prevented the loss and made it a gain.

Well I got cooked a bunch on the JPY. See how it went down.

Trade # 146
Session Set TOYOKO
Date Set 2019-01-02
Time Set 7:14:00 PM
Session Triggered TOYOKO
Date Taken 2019-01-02
Time Taken 9:17:00 PM
Session End TOYOKO
End Date 2019-01-02
Time End 11:50:00 PM
Long/Short Short
Taken At Market N
Days Active #VALUE!
Hours Active #VALUE!
Total Time Active In Hours #VALUE!
Pair AUD/JPY
Daily Range 82
Pip SL 62.5
PIP TP 139.3
R/R Ratio 2.2288
SL % DR 76.22%
Entry Price 74.26000
TP Price 72.86700
SL Price 74.88500
H4 duck price 78.40000
H4 duck price 30 bars ago 80.40200
H4 duck price 60 bars ago 81.69900
H1 duck price 76.94000
H1 duck price 30 bars ago 77.80200
H1 duck price 60 bars ago 78.02500
M5 duck price 74.54900
H4 Duck Strong slope, entry below duck
H1 Duck Strong slope, entry below duck
M5 Duck Strong slope, entry below duck
Level taken explanation Selling the pair on a break of the support created during the current Asian session. The pair is very bearish and has strong sentiment to head lower. I think that price has a good chance of returning to a lower level after that spike.
Sl Placement SL is above the 74.774 level
TP Placement TP is set at a lower level sort of a mid point of the spike
Fundamental
Risks
Updates
Account Balance 448.22
Amount Risked $ 4.48
Risked % 1.00%
$ Gained/Lost -4.46
% Gained/Lost of trade -99.55%
Gained/Lost % of account -1.00%
Happened Pair hit entry, ran higher and then hit SL
Improvements I don’t know how I’m supposed to improve this. The trend is lower, I sold a breakout and it reversed. Not much else to say

Trade # 147
Session Set TOYOKO
Date Set 2019-01-02
Time Set 7:32:00 PM
Session Triggered TOYOKO
Date Taken 2019-01-02
Time Taken 7:32:00 PM
Session End TOYOKO
End Date 2019-01-02
Time End 11:56:00 PM
Long/Short Short
Taken At Market Y
Days Active #VALUE!
Hours Active #VALUE!
Total Time Active In Hours #VALUE!
Pair NZD/JPY
Daily Range 71
Pip SL 52
PIP TP 150
R/R Ratio 2.884615385
SL % DR 73.24%
Entry Price 70.98800
TP Price 69.49000
SL Price 71.51000
H4 duck price 74.66600
H4 duck price 30 bars ago 76.64000
H4 duck price 60 bars ago 77.72400
H1 duck price 73.36800
H1 duck price 30 bars ago 74.09700
H1 duck price 60 bars ago 74.29200
M5 duck price 71.66000
H4 Duck Strong slope, entry below duck
H1 Duck Strong slope, entry below duck
M5 Duck Strong slope, entry below duck
Level taken explanation Sold this AM. Pair is at the level that is below the volatility spike. I am just a bit late to be able to set my order. The pair is very bearish and there is lots of sentiment for it to run lower.
Sl Placement SL is above the highs made after the spike lower
TP Placement TP is set support from June 19
Fundamental
Risks
Updates
Account Balance 448.22
Amount Risked $ 4.48
Risked % 1.00%
$ Gained/Lost -4.47
% Gained/Lost of trade -99.78%
Gained/Lost % of account -1.00%
Happened This one got sold and then price fell but a reversal saw pair hit the SL
Improvements I don’t know how I’m supposed to improve this. The trend is lower, I sold it and it reversed. Even if I had sold the breakout later it still would have been a loss Not much else to say

Trade # 148
Session Set TOYOKO
Date Set 2019-01-02
Time Set 7:42:00 PM
Session Triggered TOYOKO
Date Taken 2019-01-02
Time Taken 7:42:00 PM
Session End
End Date
Time End
Long/Short Short
Taken At Market N
Days Active #VALUE!
Hours Active #VALUE!
Total Time Active In Hours #VALUE!
Pair AUD/NZD
Daily Range 57
Pip SL 37.3
PIP TP 109
R/R Ratio 2.922252011
SL % DR 65.44%
Entry Price 1.04423
TP Price 1.03333
SL Price 1.04796
H4 duck price 1.04708
H4 duck price 30 bars ago 1.05102
H4 duck price 60 bars ago 1.05179
H1 duck price 1.04896
H1 duck price 30 bars ago 1.05052
H1 duck price 60 bars ago 1.04950
M5 duck price 1.04445
H4 Duck Strong slope, entry below duck
H1 Duck Strong slope, entry below duck
M5 Duck Entry below the duck
Level taken explanation Selling this pair on a break of the support make during the Asian session. Pair is bearish as seen by ducks and I think that it has room to run lower after than volatility spike that occurred.
Sl Placement SL is above the Asian session highs
TP Placement TP is set at 1.03 support
Fundamental
Risks
Updates
Account Balance 448.22
Amount Risked $ 4.48
Risked % 1.00%
$ Gained/Lost
% Gained/Lost of trade 0.00%
Gained/Lost % of account 0.00%
Happened Cancelled
Improvements

Trade # 149
Session Set TOYOKO
Date Set 2019-01-02
Time Set 9:29:00 PM
Session Triggered TOYOKO
Date Taken 2019-01-02
Time Taken 9:29:00 PM
Session End TOYOKO
End Date 2019-01-02
Time End 11:05:00 PM
Long/Short Short
Taken At Market Y
Days Active #VALUE!
Hours Active #VALUE!
Total Time Active In Hours #VALUE!
Pair CHF/JPY
Daily Range 88
Pip SL 55
PIP TP 150
R/R Ratio 2.727272727
SL % DR 62.50%
Entry Price 108.25400
TP Price 106.75400
SL Price 108.80400
H4 duck price 112.05000
H4 duck price 30 bars ago 113.25200
H4 duck price 60 bars ago 113.77400
H1 duck price 111.03800
H1 duck price 30 bars ago 112.04700
H1 duck price 60 bars ago 112.01400
M5 duck price 108.68800
H4 Duck Strong slope, entry below duck
H1 Duck Strong slope, entry below duck
M5 Duck Entry below the duck
Level taken explanation Selling pair AM. Price has broken the supports created during the Asian session. Pair is very bearish as seen by the H1 and H4 ducks. Thinking the pair will run lower and continue its move with the trend.
Sl Placement SL is above the swing resistance created in the Asian session
TP Placement TP is set lower in the volatility spike.
Fundamental
Risks
Updates
Account Balance 448.22
Amount Risked $ 4.48
Risked % 1.00%
$ Gained/Lost -4.55
% Gained/Lost of trade -101.56%
Gained/Lost % of account -1.02%
Happened Price hit the entry and then reversed and hit the SL.
Improvements The trend was down on this. The pair was bearish on H1 and the H4. The SL wasn’t placed in bad spot I didn’t think and the TP wasn’t to greedy. Only way to improve I guess is putting the SL above the 109.373 mark but then I wouldn’t have had a 1:1 ratio

4

Trade # 150
Session Set EURO US OVERLAP
Date Set 2019-01-03
Time Set 6:17:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-01-03
Time Taken 7:00:00 AM
Session End EURO US OVERLAP
End Date 2019-01-03
Time End 8:44:00 AM
Long/Short Short
Taken At Market N
Days Active #VALUE!
Hours Active #VALUE!
Total Time Active In Hours #VALUE!
Pair USD/JPY
Daily Range 138
Pip SL 43.8
PIP TP 87.1
R/R Ratio 1.988584475
SL % DR 31.74%
Entry Price 107.62200
TP Price 106.75100
SL Price 108.06000
H4 duck price 110.56000
H4 duck price 30 bars ago 112.23500
H4 duck price 60 bars ago 113.05000
H1 duck price 108.95300
H1 duck price 30 bars ago 110.08300
H1 duck price 60 bars ago 110.70300
M5 duck price 107.66500
H4 Duck Strong slope, entry below duck
H1 Duck Strong slope, entry below duck
M5 Duck Entry below the duck
Level taken explanation Selling this pair on a break lower during the overlap. Pair is very bearish as seen by H1 and the H4. There has been 3 failed attempt to get past the 107.85 mark and I think this pair would rather head lower in direction of the trend.
Sl Placement SL is above the 3 failed attempts at 107.85
TP Placement TP is set at the Asian session lows
Fundamental
Risks
Updates
Account Balance 434.73
Amount Risked $ 4.37
Risked % 1.01%
$ Gained/Lost -4.35
% Gained/Lost of trade -99.45%
Gained/Lost % of account -1.00%
Happened Price hit the entry and then reversed and hit the SL.
Improvements Don’t have the endings pics but its possible to see what happened from the other JPYS. The trend was down on this. The pair was bearish on H1 and the H4. The SL wasn’t placed in a bad spot I didn’t think and the TP wasn’t to greedy. Guess I was just wrong on direction.

Trade # 152
Session Set EURO US OVERLAP
Date Set 2019-01-03
Time Set 6:40:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-01-03
Time Taken 7:00:00 AM
Session End EURO US OVERLAP
End Date 2019-01-03
Time End 7:26:00 AM
Long/Short Short
Taken At Market N
Days Active #VALUE!
Hours Active #VALUE!
Total Time Active In Hours #VALUE!
Pair EUR/JPY
Daily Range 97
Pip SL 61.1
PIP TP 94.2
R/R Ratio 1.541734861
SL % DR 62.99%
Entry Price 122.24100
TP Price 121.29900
SL Price 122.85200
H4 duck price 126.16700
H4 duck price 30 bars ago 127.76500
H4 duck price 60 bars ago 128.37700
H1 duck price 124.36600
H1 duck price 30 bars ago 126.11600
H1 duck price 60 bars ago 126.44700
M5 duck price 122.29200
H4 Duck Strong slope, entry below duck
H1 Duck Strong slope, entry below duck
M5 Duck Entry is below duck
Level taken explanation Selling this pair on a break of the swing created during the euro us overlap. Pair is bearish as seen by h1 and the H4. Pair has failed to break the 122.735 level and has been rejected 3 times. Thinking the price will head back lower top the Asian session lows
Sl Placement SL is above the 122.73 resistance
TP Placement TP is set at Asian lows
Fundamental
Risks
Updates
Account Balance 434.73
Amount Risked $ 4.37
Risked % 1.01%
$ Gained/Lost -4.35
% Gained/Lost of trade -99.45%
Gained/Lost % of account -1.00%
Happened Price hit the entry and then reversed and hit the SL.
Improvements The trend was down on this. The pair was bearish on H1 and the H4. The SL wasn’t placed in bad spot I didn’t think and the TP wasn’t to greedy. Only way to improve I guess is putting the SL above the 109.373 mark but then I wouldn’t have had a 1:1 ratio

|

Trade # 153
Session Set EURO US OVERLAP
Date Set 2019-01-03
Time Set 6:56:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-01-03
Time Taken 6:56:00 AM
Session End EURO US OVERLAP
End Date 2019-01-03
Time End 7:26:00 AM
Long/Short Short
Taken At Market Y
Days Active #VALUE!
Hours Active #VALUE!
Total Time Active In Hours #VALUE!
Pair CHF/JPY
Daily Range 88
Pip SL 29
PIP TP 59
R/R Ratio 2.034482759
SL % DR 32.95%
Entry Price 108.91500
TP Price 108.32200
SL Price 109.20200
H4 duck price 111.85700
H4 duck price 30 bars ago 113.18300
H4 duck price 60 bars ago 113.78500
H1 duck price 110.58000
H1 duck price 30 bars ago 111.94800
H1 duck price 60 bars ago 112.09200
M5 duck price 108.89900
H4 Duck Strong slope, entry below duck
H1 Duck Strong slope, entry below duck
M5 Duck Entry is below duck
Level taken explanation Selling on a break of the support created during the EURO US overlap. Pair is very bearish as seen by H1 and the H4 ducks. Thinking the price is going to head back lower after being rejected at the 109.08 level
Sl Placement SL is above the swing resistance from the overlap
TP Placement TP is set as Asian lows
Fundamental
Risks
Updates
Account Balance 434.73
Amount Risked $ 4.37
Risked % 1.01%
$ Gained/Lost -4.32
% Gained/Lost of trade -98.77%
Gained/Lost % of account -0.99%
Happened Sold this, price then reversed and hit the SL.
Improvements The trend was down on this. The pair was

5

1 Like

Another day of losses was had. Trade 151 AUD/CAD was a loss. Trade 157 EUR/JPY was a loss. Trade 158 NZD/USD was a loss.

Trade # 151
Session Set EURO US OVERLAP
Date Set 2019-01-03
Time Set 6:30:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-01-03
Time Taken 7:00:00 AM
Session End EURO US OVERLAP
End Date 2019-01-04
Time End 7:33:00 AM
Long/Short Short
Taken At Market N
Days Active #VALUE!
Hours Active #VALUE!
Total Time Active In Hours #VALUE!
Pair AUD/CAD
Daily Range 76
Pip SL 62.5
PIP TP 100.2
R/R Ratio 1.6032
SL % DR 82.24%
Entry Price 0.94398
TP Price 0.93396
SL Price 0.95023
H4 duck price 0.95847
H4 duck price 30 bars ago 0.96161
H4 duck price 60 bars ago 0.96475
H1 duck price 0.95392
H1 duck price 30 bars ago 0.95962
H1 duck price 60 bars ago 0.95931
M5 duck price 0.94660
H4 Duck Strong slope, entry below duck
H1 Duck Strong slope, entry below duck
M5 Duck Strong slope, entry below duck
Level taken explanation Selling this pair one break of some minor support in the start of the EURO US overlap. Pair is bearish as seen by H1 and the H4. CAD is quite strong right now and I think this pair is going to head lower in direction of the trend,. Pair has failed to breach the .94924 Resistance and double topped and headed lower.
Sl Placement SL is above the .9492 level
TP Placement TP is set at the rebound fro the spike lower
Fundamental
Risks
Updates
Account Balance 434.73
Amount Risked $ 4.37
Risked % 1.01%
$ Gained/Lost -4.46
% Gained/Lost of trade -101.97%
Gained/Lost % of account -1.03%
Happened This was triggered on a overlap support break. Pair went sideways and the next day the CAD news occurred and then the Fed and this pair ran higher to the SL.
Improvements I guess the entry could have been at a lower level. The pair could have been sold at .9428 or so. This still would have been triggered the following day in Asia session though and still would have been a loss. I guess at that point the way this could have been better would have been to not open positions ahead of the NFP by a day or so, i wasn’t aware about the fed talk but that would have kept this from being taken.

145

1E4E5E

Trade # 157
Session Set EURO US OVERLAP
Date Set 2019-01-04
Time Set 5:36:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-01-04
Time Taken 5:36:00 AM
Session End EURO US OVERLAP
End Date 2019-01-04
Time End 7:30:00 AM
Long/Short Short
Taken At Market Y
Days Active 0.00
Hours Active 0.08
Total Time Active In Hours 0.95
Pair EUR/JPY
Daily Range 97
Pip SL 30
PIP TP 48
R/R Ratio 1.6
SL % DR 30.93%
Entry Price 123.12500
TP Price 122.65000
SL Price 123.42000
H4 duck price 125.79900
H4 duck price 30 bars ago 127.54500
H4 duck price 60 bars ago 128.35400
H1 duck price 123.21000
H1 duck price 30 bars ago 124.68200
H1 duck price 60 bars ago 126.22100
M5 duck price 123.18400
H4 Duck Strong slope, entry below duck
H1 Duck Strong slope, entry below duck
M5 Duck Entry below the duck
Level taken explanation Selling this on the break of the Euro session support. Pair is bearish overall and the trend is lower as seen by H1 and the H4 ducks. Thinking the NFO which is now over will push this pair south.
Sl Placement SL is a above the resistance at 123.37
TP Placement TP is at before the 122.64 support
Fundamental
Risks
Updates
Account Balance 421.70
Amount Risked $ 4.22
Risked % 1.00%
$ Gained/Lost -4.23
% Gained/Lost of trade -100.24%
Gained/Lost % of account -1.00%
Happened Price was sold on the break of the EURO support/consolidation in a downtrend. Pair did move lower but then the Powell talked and risk sentiment switched.
Improvements Even if my entry was lower at a different support break on the other EURO swings, it still would have been a loss. I was not right on the direction of the currency. I guess I should not have taken a positions before the fed talk but I was unaware it was upcoming. I knew about the NFP but missed the fed. Other than that this was in a strong downtrend and easily could have been a gain.

145

1E4E5E

Trade # 158
Session Set EURO US OVERLAP
Date Set 2019-01-04
Time Set 5:43:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-01-04
Time Taken 6:35:00 AM
Session End EURO US OVERLAP
End Date 2019-01-04
Time End 7:23:00 AM
Long/Short Short
Taken At Market N
Days Active 0.00
Hours Active 0.03
Total Time Active In Hours 0.40
Pair NZD/USD
Daily Range 76
Pip SL 24.1
PIP TP 37.9
R/R Ratio 1.572614108
SL % DR 31.71%
Entry Price 0.66731
TP Price 0.66352
SL Price 0.66972
H4 duck price 0.67138
H4 duck price 30 bars ago 0.67755
H4 duck price 60 bars ago 0.68535
H1 duck price 0.66717
H1 duck price 30 bars ago 0.66872
H1 duck price 60 bars ago 0.67074
M5 duck price 0.66933
H4 Duck Strong slope, entry below duck
H1 Duck Strong slope, entry below duck
M5 Duck Entry below the duck
Level taken explanation Selling this pair on a break of the support from the Asian session. This pair is bearish as seen by H1 and the H4 ducks. The NFP is over and I think it is positive for USD. A move lower will put this pair back into the descending channel.
Sl Placement SL is above the consolidation before the NFP
TP Placement TP Is set at the .6635 support
Fundamental
Risks
Updates
Account Balance 421.70
Amount Risked $ 4.22
Risked % 1.00%
$ Gained/Lost -4.22
% Gained/Lost of trade -100.00%
Gained/Lost % of account -1.00%
Happened Entry was triggered when the pair moved back into the channel. Pair launched higher after Powell spoke
Improvements I guess the way to improve this is to not take positions ahead of the fed speaking. I didn’t know he was going to. I knew about the NFP but missed his speech. It could have gone the other way when he spoke though but this is taking unnecessary risk,.

145

1E5E4E

Mostly I would agree with not taking positions before a major news event. Simply wait 15-30 min and then trade it.
For the day the news was supposed to be good, a bullish USD.

I this instance my gut said on the 1st news PA was going up and on the second news it would return, geometric. Which is exactly what it did.

But that’s not what I did. Instead of closing my few trades which were south I thought I could trade out of a bad position on the return. I could have had I had the balls to hang in there for the completion of the set.

I even published on another thread that was going to happen.
So another lesson for the do as I say and not as I do folks.

Week 9 review. A complete opposite of last week. A quick review reviews that few of my trades were active for >1 day this week. In fact most were less than 12 hours. It started with the JPY. I was shorting the JPY because it was trending lower and that’s what this system is all about. Sadly my positions were stopped during the Intra US Session rally before the massive spike lower. It would have been profitable for my system. I got burned on the JPY a bit more the following days. The issue I have with this is that I was right on the direction for the most part. I had several other trades taken this week that did not get triggered because price reversed. At the end of the week I was aware of the NFP but not the Powell speech after. Since the Powell speech occurred and pushed the market the wrong way Friday was met with more losses.

This brings my account back to close to the $400 area. This trading stuff is HARD work.

Week Start End Change Change % Trades set Trades Taken
1 $449.22 $438.84 -$10.38 -2.31% 11 8
Week Start End Change Change % Trades set Trades Taken
2 $438.84 $450.38 $11.54 2.63% 25 22
Week Start End Change Change % Trades set Trades Taken
3 $450.38 $500.34 $49.96 11.09% 25 23
Week Start End Change Change % Trades set Trades Taken
4 $500.34 $433.64 -$66.70 -13.33% 17 15
Week Start End Change Change % Trades set Trades Taken
5 $433.64 $419.08 -$14.56 -3.36% 19 18
Week Start End Change Change % Trades set Trades Taken
6 $419.08 $402.80 -$16.28 -3.88% 12 12
Week Start End Change Change % Trades set Trades Taken
7 $402.80 $389.83 -$12.97 -3.22% 9 7
Week Start End Change Change % Trades set Trades Taken
8 $389.83 $456.83 $67.00 17.19% 17 17
Week Start End Change Change % Trades set Trades Taken
9 $456.83 $404.51 -$52.32 -11.45% 20 16

The issue i find this this is that every single situation with the news is different. I never really know what will be occurring so its always a guess.

I have been reading some trading books and they say that taking positions ahead of a news event is unnecessary risk and that its best to wait for 5 minutes after the news candle to trade it. I guess another idea is to avoid news altogether but it isn’t really possible since it occurs all the time.

1 Like

NScrilla, I myself am going to wait until after the news has retraced, 15M to 1H from now on and I will do my best to be out of any positions for major news that would have an effect on the pairs I trade.

1 Like