3 Majik Duck$ - My attempt

2019-02-19.

Trade # 261
Session Set EURO US OVERLAP
Date Set 2019-02-17
Time Set 4:45:00 PM
Session Triggered EURO US OVERLAP
Date Taken 2019-02-17
Time Taken 4:45:00 PM
Session End EUROPEAN
End Date 2019-02-19
Time End 12:05:00 AM
Long/Short Short
Taken At Market Y
Days Active 2.00
Hours Active -0.69
Total Time Active In Hours 15.67
Pair AUD/NZD
Daily Range 57
Pip SL 28
PIP TP 60
R/R Ratio 2.142857143
SL % DR 49.12%
Entry Price 1.03895
TP Price 1.03394
SL Price 1.04274
H4 duck price 1.04644
H4 duck price 30 bars ago 1.04883
H4 duck price 60 bars ago 1.05163
H1 duck price 1.04012
H1 duck price 30 bars ago 1.04473
H1 duck price 60 bars ago 1.04874
M5 duck price 1.04023
H4 Duck Strong slope lower, entry below duck
H1 Duck Strong slope lower, entry below duck
M5 Duck Entry below duck
Level taken explanation Sold AM. Pair is bearish as seen by eh H1 and the H4 ducks. Pair has fallen off the 1.04 resistance and the 23 fib. Made a huge bearish engulfing on the H1 in direction of the trend.
Sl Placement SL is above the 1.04 resistance, the 23 fib and the candle pattern
TP Placement TP is double the TP
Fundamental
Risks
Updates
Account Balance 344.48
Amount Risked $ 3.44
Risked % 1.00%
$ Gained/Lost -4.63
% Gained/Lost of trade -134.59%
Gained/Lost % of account -1.34%
Happened Pair was sold and moved a but lower. Then reversed and moved to the SL.
Improvements Trend on the H1 broke down. H4 still intact. Guess this was sold at too much of an extreme. Pair had to retrace before it can move lower.

Trade # 263
Session Set EURO US OVERLAP
Date Set 2019-02-18
Time Set 6:42:00 PM
Session Triggered EURO US OVERLAP
Date Taken 2019-02-18
Time Taken 6:42:00 PM
Session End EUROPEAN
End Date 2019-02-19
Time End 12:29:00 AM
Long/Short Short
Taken At Market Y
Days Active 1.00
Hours Active -0.76
Total Time Active In Hours 2.89
Pair EUR/CHF
Daily Range 32
Pip SL 17
PIP TP 20
R/R Ratio 1.176470588
SL % DR 53.13%
Entry Price 1.13509
TP Price 1.13318
SL Price 1.13688
H4 duck price 1.13675
H4 duck price 30 bars ago 1.13802
H4 duck price 60 bars ago 1.13521
H1 duck price 1.13533
H1 duck price 30 bars ago 1.13682
H1 duck price 60 bars ago 1.13678
M5 duck price 1.13577
H4 Duck Strong slope lower, entry below duck
H1 Duck Strong slope lower, entry below duck
M5 Duck Entry below duck
Level taken explanation Sold pair AM. Pair is in downtrend and the H4 has retraced an stalled at the FTL and the MA. Pair made a bearish pin bar candle reversal and is now working on a H4 engulfing. Thinking this pair will return to the lows
Sl Placement SL is above the swing resistance
TP Placement TP is at the support
Fundamental
Risks
Updates
Account Balance 339.86
Amount Risked $ 3.36
Risked % 0.99%
$ Gained/Lost -3.58
% Gained/Lost of trade -106.55%
Gained/Lost % of account -1.05%
Happened Pair was sold after seeing the pair creating a pin bar and a engulfing lower. Engulfing did not complete and pair hit higher, spiked into the SL briefly before returning lower.
Improvements The trend was good I think my timing was off on this one. That nasty spike higher is what caused this trade to be a loss despite it being the right direction.

2019-02-20. Two trades closed today. 1 loss and 1 gain.

Trade # 264
Session Set EURO US OVERLAP
Date Set 2019-02-20
Time Set 6:11:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-02-20
Time Taken 6:11:00 AM
Session End NEW YORK
End Date 2019-02-20
Time End 10:02:00 AM
Long/Short Long
Taken At Market Y
Days Active 0.00
Hours Active 0.16
Total Time Active In Hours 1.93
Pair USD/JPY
Daily Range 138
Pip SL 20
PIP TP 30
R/R Ratio 1.5
SL % DR 14.49%
Entry Price 110.83800
TP Price 111.12600
SL Price 110.62600
H4 duck price 110.42100
H4 duck price 30 bars ago 109.91100
H4 duck price 60 bars ago 109.47600
H1 duck price 110.64400
H1 duck price 30 bars ago 110.51300
H1 duck price 60 bars ago 110.66700
M5 duck price 110.78200
H4 Duck Strong slope higher, entry above duck
H1 Duck Strong slope higher, entry above duck
M5 Duck Entry above duck
Level taken explanation Pair was bought AM. Pair is bullish as seen by H1 and the H4. Pair has pulled back and found support at 110.713. There is the 23 fib here. Thinking the price will head back in direction the trend by following the FTL
Sl Placement SL is below eh support level and the RTL
TP Placement TP is at swing resistance
Fundamental
Risks
Updates
Account Balance 331.30
Amount Risked $ 3.33
Risked % 1.01%
$ Gained/Lost -3.53
% Gained/Lost of trade -106.01%
Gained/Lost % of account -1.07%
Happened Pair was bought after seeing price hesitate at 23.6 fib. Pair fell though and hit the SL.
Improvements Guess I could have taken the pair lower near the RTL. Trend was good though.

Trade # 266
Session Set EURO US OVERLAP
Date Set 2019-02-20
Time Set 6:23:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-02-20
Time Taken 6:23:00 AM
Session End NEW YORK
End Date 2019-02-20
Time End 10:07:00 AM
Long/Short Long
Taken At Market Y
Days Active 0.00
Hours Active 0.16
Total Time Active In Hours 1.87
Pair GBP/CAD
Daily Range 164
Pip SL 35
PIP TP 63
R/R Ratio 1.8
SL % DR 21.34%
Entry Price 1.71815
TP Price 1.72417
SL Price 1.71437
H4 duck price 1.71118
H4 duck price 30 bars ago 1.71311
H4 duck price 60 bars ago 1.72873
H1 duck price 1.71564
H1 duck price 30 bars ago 1.70713
H1 duck price 60 bars ago 1.70350
M5 duck price 1.71838
H4 Duck Strong slope higher entry below the duck
H1 Duck Strong slope higher entry below the duck
M5 Duck Entry at duck.
Level taken explanation Pair was taken AM. Pair fell and found support at the RTL and the 38 fib. Pair seems to have made a bullish pin bar here and wants to head higher.
Sl Placement SL is below the swing support
TP Placement TP is set at the resistance level.
Fundamental
Risks
Updates
Account Balance 331.30
Amount Risked $ 3.33
Risked % 1.01%
$ Gained/Lost 5.72
% Gained/Lost of trade 171.77%
Gained/Lost % of account 1.73%
Happened Pair was bought at the support from the RTL and the 38 fib. Pair ran higher and hit the TP.
Improvements Trend was good and the entry worked out well. TP was well placed.

2019-02-21. One trade was closed today at breakeven.

Trade # 267
Session Set TOYOKO
Date Set 2019-02-20
Time Set 8:51:00 PM
Session Triggered TOYOKO
Date Taken 2019-02-20
Time Taken 8:51:00 PM
Session End EURO US OVERLAP
End Date 2019-02-21
Time End 6:29:00 AM
Long/Short Long
Taken At Market Y
Days Active 1.00
Hours Active -0.60
Total Time Active In Hours 4.82
Pair GBP/JPY
Daily Range 172
Pip SL 55
PIP TP 80
R/R Ratio 1.454545455
SL % DR 31.98%
Entry Price 144.55200
TP Price 145.28500
SL Price 143.93500
H4 duck price 142.68500
H4 duck price 30 bars ago 142.52900
H4 duck price 60 bars ago 143.13500
H1 duck price 143.95400
H1 duck price 30 bars ago 143.03800
H1 duck price 60 bars ago 142.06600
M5 duck price 144.39900
H4 Duck Strong slope higher entry below the duck
H1 Duck Strong slope higher entry below the duck
M5 Duck Entry above duck
Level taken explanation Entry taken AM. Pair is ina bullish uptrend as seen by the H1 and the H4. Opair fell and made a bullish pin bar off the RTL uin direction of the trend. Thinkign that this pair will jkkeep moving jhigher
Sl Placement SL is below the RTl
TP Placement TP is at the Resistnace
Fundamental
Risks
Updates
Account Balance 333.22
Amount Risked $ 3.33
Risked % 1.00%
$ Gained/Lost 0.01
% Gained/Lost of trade 0.30%
Gained/Lost % of account 0.00%
Happened Pair was bough in the uptrend after seeing tejh reversal from the RTL. Pair moved a but higher and got derisked and the aDJ SL was hit.
Improvements Entry was in a good spot I thin. I reduced risak when I saw the pair strugggle to breajk the resistance. Not sure if it will not.

One trade was closed. Trade 265 was stopped at a small loss.

Trade # 265
Session Set EURO US OVERLAP
Date Set 2019-02-20
Time Set 6:17:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-02-20
Time Taken 6:17:00 AM
Session End TOYOKO
End Date 2019-02-20
Time End 8:50:00 PM
Long/Short Short
Taken At Market Y
Days Active 0.00
Hours Active 0.61
Total Time Active In Hours 7.28
Pair EUR/GBP
Daily Range 79
Pip SL 32
PIP TP 38
R/R Ratio 1.1875
SL % DR 40.51%
Entry Price 0.86947
TP Price 0.86619
SL Price 0.87319
H4 duck price 0.87609
H4 duck price 30 bars ago 0.87672
H4 duck price 60 bars ago 0.87289
H1 duck price 0.87264
H1 duck price 30 bars ago 0.87707
H1 duck price 60 bars ago 0.87872
M5 duck price 0.87003
H4 Duck Strong slope lower, entry below the duck
H1 Duck Strong slope lower, entry below the duck
M5 Duck Entry below the duck
Level taken explanation Pair was sold AM. Pair made an attempt tp break above .8716 resistance and failed. Also the fib 23 here. Thinking the pair will head in direction of the trend.
Sl Placement SL is above the FTL the resistance and the 23 fib.
TP Placement TP is set a bit past the previous swing support
Fundamental
Risks
Updates
Account Balance 331.30
Amount Risked $ 3.33
Risked % 1.01%
$ Gained/Lost -0.62
% Gained/Lost of trade -18.62%
Gained/Lost % of account -0.19%
Happened Pair was sold after seeing price bounce from the 23 fib and the resistance level. Pair did move a bit lower but broke above the FTL. I reduced the risk after seeing this and the pair hit the ADJ SL.
Improvements I think the entry was fine, the trade came quite close to the TP but sadly it did not fully make it. Time shows that I didn’t need to reduce risk because the pair didn’t hit eh SL but I still this it was the right move to do after seeing the pair break above the FTL.

Week 15 review. Not too many trades this week. A lot of the pairs were not trending that much so there was not many trades to take I found. Sadly another week of losses although it wasn’t too bad at only 3.5ish %. Trying really hard to only focus on the best trades and leave the not so good ones aside. If i keep bleeding pips though I’m going to run out of capital in this account.

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
Week Start End Change Change % Trades set Trades Taken
10 $404.51 388.12 -$16.39 -4.05% 20 16
Week Start End Change Change % Trades set Trades Taken
11 388.12 388.57 $0.45 0.12% 13 13
Week Start End Change Change % Trades set Trades Taken
12 388.57 431.04 $42.47 10.93% 18 17
Week Start End Change Change % Trades set Trades Taken
13 431.04 441.06 $10.02 2.32% 18 18
Week Start End Change Change % Trades set Trades Taken
14 441.06 355.51 -$85.55 -19.40% 19 18
Week Start End Change Change % Trades set Trades Taken
15 355.51 344.48 -$11.03 -3.10% 10 10
Week Start End Change Change % Trades set Trades Taken
16 344.48 332.58 -$12.48 -3.62% 8 8

2019-02-25 results.

Trade # 268
Session Set TOYOKO
Date Set 2019-02-20
Time Set 9:01:00 PM
Session Triggered TOYOKO
Date Taken 2019-02-20
Time Taken 9:01:00 PM
Session End NEW YORK
End Date 2019-02-25
Time End 9:48:00 AM
Long/Short Long
Taken At Market Y
Days Active 5.00
Hours Active -0.47
Total Time Active In Hours 54.39
Pair CHF/JPY
Daily Range 88
Pip SL 32
PIP TP 45
R/R Ratio 1.40625
SL % DR 36.36%
Entry Price 110.72500
TP Price 111.13100
SL Price 110.36100
H4 duck price 109.99700
H4 duck price 30 bars ago 109.90500
H4 duck price 60 bars ago 109.89500
H1 duck price 110.45400
H1 duck price 30 bars ago 110.12800
H1 duck price 60 bars ago 109.94600
M5 duck price 110.63900
H4 Duck Strong slope higher entry below the duck
H1 Duck Strong slope higher entry below the duck
M5 Duck Entry above duck
Level taken explanation Entry taken AM. Pair is in bullish uptrend as seen by the H1 and the H4. Pair fell and made a bullish pin bar off the support at 110.51and the 23 fib in direction of the trend. Thinking that this pair will keep moving higher
Sl Placement SL is below the swing support
TP Placement TP is double the SL
Fundamental
Risks
Updates
Account Balance 333.22
Amount Risked $ 3.33
Risked % 1.00%
$ Gained/Lost 4.21
% Gained/Lost of trade 126.43%
Gained/Lost % of account 1.26%
Happened Pair Was bought after seeing price bounce from the support and the 23 fib and make a bullish engulfing in the H1. Went sideways and eventually creeped higher on risk taking.
Improvements I had figured the price would run higher shortly after buying it but it took awhile. Trend was good I think and the entry logic was good, SL placed well and TP not too greedy.

2019-02-26. One trade was closed.

Trade # 269
Session Set TOYOKO
Date Set 2019-02-25
Time Set 8:53:00 PM
Session Triggered TOYOKO
Date Taken 2019-02-25
Time Taken 8:53:00 PM
Session End EURO US OVERLAP
End Date 2019-02-26
Time End 5:40:00 AM
Long/Short Long
Taken At Market Y
Days Active 1.00
Hours Active -0.63
Total Time Active In Hours 4.39
Pair CHF/JPY
Daily Range 88
Pip SL 16
PIP TP 32
R/R Ratio 2
SL % DR 18.18%
Entry Price 110.83300
TP Price 111.14500
SL Price 110.66500
H4 duck price 110.29000
H4 duck price 30 bars ago 109.82100
H4 duck price 60 bars ago 109.77400
H1 duck price 110.73900
H1 duck price 30 bars ago 110.65500
H1 duck price 60 bars ago 110.55800
M5 duck price 110.86600
H4 Duck Strong slope higher entry below the duck
H1 Duck Strong slope higher entry below the duck
M5 Duck Entry below the duck and is actually pointing down.
Level taken explanation Entry is AM. Pair is overall bullish and in a bullish uptrend as seen by the h1 and the H4. Pair has ruin higher and is following the RTL upwards. Pair seems to have stalled at the 50 fib and the RTL and is making a inside bar on H1. Thinking the pair will return to highs
Sl Placement SL is below the swing support and the RTl
TP Placement TP is at the resistance
Fundamental
Risks
Updates
Account Balance 336.69
Amount Risked $ 3.33
Risked % 0.99%
$ Gained/Lost -3.53
% Gained/Lost of trade -106.01%
Gained/Lost % of account -1.05%
Happened Pair was bought after seeing a inside bar on the H1. Pair had fallen and stalled at the RTL and the fib 38. Pair broke down and managed to stay above the RTL but then broke into the SL
Improvements I guess I could have waited for a stronger candlestick. Although the trend was strong on both the H1 and the H4. I don’t think this was too bad of a trade.

2019-02-28. 4 trades closed today. 2 losses and 2 gains.

Trade # 270
Session Set EURO US OVERLAP
Date Set 2019-02-26
Time Set 5:42:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-02-26
Time Taken 5:42:00 AM
Session End EUROPEAN
End Date 2019-02-28
Time End 3:18:00 AM
Long/Short Long
Taken At Market Y
Days Active 2.00
Hours Active -0.10
Total Time Active In Hours 22.80
Pair EUR/USD
Daily Range 109
Pip SL 32
PIP TP 51
R/R Ratio 1.59375
SL % DR 29.36%
Entry Price 1.13659
TP Price 1.14155
SL Price 1.13325
H4 duck price 1.13120
H4 duck price 30 bars ago 1.13155
H4 duck price 60 bars ago 1.13938
H1 duck price 1.13485
H1 duck price 30 bars ago 1.13407
H1 duck price 60 bars ago 1.13417
M5 duck price 1.13616
H4 Duck Strong slope higher entry above the duck
H1 Duck Strong slope higher entry above the duck
M5 Duck Entry above duck
Level taken explanation Bought pair AM. Pair has made two failed attempts to break below the RTL and has made bullish pin bars off it. Thinking this pair will run higher in direction of the trend.
Sl Placement SL is below the RLT and the swing and support level
TP Placement TP is at the resistance
Fundamental
Risks
Updates
Account Balance 332.92
Amount Risked $ 3.38
Risked % 1.02%
$ Gained/Lost 5.23
% Gained/Lost of trade 154.73%
Gained/Lost % of account 1.57%
Happened Pair was bought on the pin bars from the support and the RTL in the uptrend. Pair ran higher and eventually hit the TP before falling.
Improvements Trend was good, entry was good and the SL was not too greedy.

Trade # 271
Session Set EURO US OVERLAP
Date Set 2019-02-26
Time Set 5:51:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-02-26
Time Taken 5:51:00 AM
Session End TOYOKO
End Date 2019-02-26
Time End 11:18:00 PM
Long/Short Long
Taken At Market Y
Days Active 0.00
Hours Active 0.73
Total Time Active In Hours 8.73
Pair EUR/JPY
Daily Range 97
Pip SL 30
PIP TP 80
R/R Ratio 2.666666667
SL % DR 30.93%
Entry Price 125.89500
TP Price 126.67900
SL Price 125.57900
H4 duck price 125.33100
H4 duck price 30 bars ago 124.84400
H4 duck price 60 bars ago 124.92400
H1 duck price 125.73900
H1 duck price 30 bars ago 125.56900
H1 duck price 60 bars ago 125.59500
M5 duck price 125.93800
H4 Duck Strong slope higher entry above the duck
H1 Duck Strong slope higher entry above the duck
M5 Duck Entry actually below duck but not far from it.
Level taken explanation Bought pair AM. Pair is in a bullish uptrend. Pair has fallen and seem to be having issues breaking below the 125.864 level. Support lines up with the fib levels on the chart and I think that the H4 bullish engulfing and the g1 bullish pin bars are showing good support at 125.86 level.
Sl Placement SL is below the swing and the RTL
TP Placement TP is before the next resistance
Fundamental
Risks
Updates
Account Balance 332.92
Amount Risked $ 3.30
Risked % 0.99%
$ Gained/Lost -3.48
% Gained/Lost of trade -105.45%
Gained/Lost % of account -1.05%
Happened Pair was bought on the bounce of the RTL. Pair need up breaking down before recovering and moving past the entry level.
Improvements I think this was just bad luck. Trend was good, pair broke the RTL and managed to get back above it but clipped the SL first.

Trade # 272
Session Set TOYOKO
Date Set 2019-02-26
Time Set 7:19:00 PM
Session Triggered TOYOKO
Date Taken 2019-02-26
Time Taken 7:19:00 PM
Session End EUROPEAN
End Date 2019-02-27
Time End 4:39:00 AM
Long/Short Long
Taken At Market Y
Days Active 1.00
Hours Active -0.61
Total Time Active In Hours 4.67
Pair AUD/USD
Daily Range 87
Pip SL 30
PIP TP 40
R/R Ratio 1.333333333
SL % DR 34.48%
Entry Price 0.71830
TP Price 0.72216
SL Price 0.71516
H4 duck price 0.71322
H4 duck price 30 bars ago 0.71066
H4 duck price 60 bars ago 0.71614
H1 duck price 0.71613
H1 duck price 30 bars ago 0.71297
H1 duck price 60 bars ago 0.71277
M5 duck price 0.71851
H4 Duck Strong slope higher entry above the duck
H1 Duck Strong slope higher entry above the duck
M5 Duck Entry a bit below duck
Level taken explanation Bought AM. Pair is bullish as seen by H1 and the H4. Pair has fallen and stalled at the .7175 support as well as the 38 fib. Looking like a pin bar forming on the H4. I am thinking the pair is ready to run higher and cannot break below the support level
Sl Placement SL is below the RTL and the swing support
TP Placement TP is at the next resistance
Fundamental
Risks
Updates
Account Balance 332.87
Amount Risked $ 3.32
Risked % 1.00%
$ Gained/Lost -3.48
% Gained/Lost of trade -104.82%
Gained/Lost % of account -1.05%
Happened Bought pair on the support and fib at .7175. Pair broke lower and hit the SL.
Improvements Well the trend was good, I think there was factors of confluence on this. Not sure how to improve, the RTL failed to hold up sadly.

Trade # 273
Session Set EURO US OVERLAP
Date Set 2019-02-27
Time Set 6:01:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-02-27
Time Taken 6:01:00 AM
Session End NEW YORK
End Date 2019-02-28
Time End 8:26:00 AM
Long/Short Long
Taken At Market Y
Days Active 1.00
Hours Active 0.10
Total Time Active In Hours 13.21
Pair EUR/JPY
Daily Range 97
Pip SL 34
PIP TP 86
R/R Ratio 2.529411765
SL % DR 35.05%
Entry Price 126.04200
TP Price 126.88500
SL Price 125.68500
H4 duck price 125.39400
H4 duck price 30 bars ago 124.90500
H4 duck price 60 bars ago 124.97000
H1 duck price 125.87100
H1 duck price 30 bars ago 125.70900
H1 duck price 60 bars ago 125.57400
M5 duck price 125.86400
H4 Duck Strong slope higher entry above the duck
H1 Duck Strong slope higher entry above the duck
M5 Duck Strong slope higher entry above the duck
Level taken explanation Bought AM. Pair is bullish as seen by the ducks. Pair has made a failed attempt to break below the RTL and made a bullish pin bar, Bought thinking price will run higher
Sl Placement SL is below the RTL and the support
TP Placement TP is at the resistance
Fundamental
Risks
Updates
Account Balance 325.88
Amount Risked $ 3.25
Risked % 1.00%
$ Gained/Lost 8.05
% Gained/Lost of trade 247.69%
Gained/Lost % of account 2.47%
Happened Bought the pair on the bounce of the RTL and the bullish pin bar in direction of the trend. Pair ran higher and hit the TP
Improvements Trend was good on this trade. The pair was taken after seeing a good entry based off the support, the RTL and the candlestick. Good TP and SL was not greedy.

2019-03-01. Two closed trades. Sadly both losses.

Trade # 274
Session Set EURO US OVERLAP
Date Set 2019-02-28
Time Set 5:29:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-02-28
Time Taken 5:29:00 AM
Session End EUROPEAN
End Date 2019-03-01
Time End 3:45:00 AM
Long/Short Short
Taken At Market Y
Days Active 1.00
Hours Active -0.07
Total Time Active In Hours 11.13
Pair EUR/GBP
Daily Range 79
Pip SL 25
PIP TP 45
R/R Ratio 1.8
SL % DR 31.65%
Entry Price 0.85748
TP Price 0.85311
SL Price 0.86011
H4 duck price 0.86858
H4 duck price 30 bars ago 0.87511
H4 duck price 60 bars ago 0.87710
H1 duck price 0.85851
H1 duck price 30 bars ago 0.86365
H1 duck price 60 bars ago 0.86869
M5 duck price 0.85716
H4 Duck Strong slope lower, entry below duck
H1 Duck Strong slope lower, entry below duck
M5 Duck Entry at duck.
Level taken explanation Sold AM. Pair has made a good sized retracement and has stalled at 50 fib. Pair is bearish and I think that the pair plans to head in direction of the trend.
Sl Placement SL I above the last swing resistance
TP Placement TP is at the support
Fundamental
Risks
Updates
Account Balance 330.90
Amount Risked $ 3.30
Risked % 1.00%
$ Gained/Lost -3.43
% Gained/Lost of trade -103.94%
Gained/Lost % of account -1.04%
Happened Sold the pair in the downtrend. Pair has retraced to the 50 fib and started falling but then stalled and spike higher into the Sl.
Improvements I think this was a good trade, it was a good downtrend and the pair made a decent retracement. Just didn’t work out

Trade # 279
Session Set EURO US OVERLAP
Date Set 2019-03-01
Time Set 6:35:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-03-01
Time Taken 6:35:00 AM
Session End NEW YORK
End Date 2019-03-01
Time End 7:31:00 AM
Long/Short Long
Taken At Market Y
Days Active 0.00
Hours Active 0.04
Total Time Active In Hours 0.47
Pair CAD/JPY
Daily Range 83
Pip SL 20
PIP TP 60
R/R Ratio 3
SL % DR 24.10%
Entry Price 84.58600
TP Price 85.16600
SL Price 84.36600
H4 duck price 84.02500
H4 duck price 30 bars ago 83.53700
H4 duck price 60 bars ago 83.27100
H1 duck price 84.43700
H1 duck price 30 bars ago 84.06900
H1 duck price 60 bars ago 84.09000
M5 duck price 84.98400
H4 Duck Strong slope higher entry above the duck
H1 Duck Strong slope higher entry above the duck
M5 Duck Entry is below the duck
Level taken explanation Bought AM. Pair is bullish as seen by the H4 and the H1. Pair broke above the rising channel but then the CAD GDP news caused the pair to crash lower stalling at channel top and also the 50 fib. Pair is making a inside bar and I think the news was only a tiny bit bearish at -.1 instead of 0 and this was a over reaction. Pair should rally.
Sl Placement SL is below the 61 fib and the RTL and the support
TP Placement TP is at the resistance
Fundamental
Risks
Updates
Account Balance 335.49
Amount Risked $ 3.30
Risked % 0.98%
$ Gained/Lost -3.67
% Gained/Lost of trade -111.21%
Gained/Lost % of account -1.09%
Happened Pair was bought after the spike lower from the CAD GDP miss. Trend as up and the pair was against the support. Inside bar occurred but the pair broke lower and hit the SL
Improvements Trend and support level were good, I should have waited for the inside bar breakout. If I had it would have prevented me from taking a loss altogether.

Week 16 review. This was a mixed week. I was focusing on quality vrs quantity again this week which shows in the trade volume. I was having a pretty good week until the pairs I have open gave up their floating profit on Friday and I took the CADJPY loss. I have been reading some new information that talks about what are valid swings in the market and how to identify them and stay out of the swings that have not properly retraced that I plan on incorporating into my strategy. Account still posted significant losses and it wont be easy to climb back.

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
Week Start End Change Change % Trades set Trades Taken
10 $404.51 388.12 -$16.39 -4.05% 20 16
Week Start End Change Change % Trades set Trades Taken
11 388.12 388.57 $0.45 0.12% 13 13
Week Start End Change Change % Trades set Trades Taken
12 388.57 431.04 $42.47 10.93% 18 17
Week Start End Change Change % Trades set Trades Taken
13 431.04 441.06 $10.02 2.32% 18 18
Week Start End Change Change % Trades set Trades Taken
14 441.06 355.51 -$85.55 -19.40% 19 18
Week Start End Change Change % Trades set Trades Taken
15 355.51 344.48 -$11.03 -3.10% 10 10
Week Start End Change Change % Trades set Trades Taken
16 344.48 332.58 -$11.90 -3.45% 8 8
Week Start End Change Change % Trades set Trades Taken
17 332.58 331.852 -$0.73 -0.22% 11 11

2019-03-04, One trade was closed.

Trade # 278
Session Set EURO US OVERLAP
Date Set 2019-03-01
Time Set 6:29:00 AM
Session Triggered EURO US OVERLAP
Date Taken 2019-03-01
Time Taken 6:29:00 AM
Session End NEW YORK
End Date 2019-03-04
Time End 11:16:00 AM
Long/Short Long
Taken At Market Y
Days Active 3.00
Hours Active 0.20
Total Time Active In Hours 38.39
Pair GBP/NZD
Daily Range 187
Pip SL 90
PIP TP 120
R/R Ratio 1.333333333
SL % DR 48.13%
Entry Price 1.94314
TP Price 1.95245
SL Price 1.93145
H4 duck price 1.91257
H4 duck price 30 bars ago 1.89592
H4 duck price 60 bars ago 1.89779
H1 duck price 1.94196
H1 duck price 30 bars ago 1.92814
H1 duck price 60 bars ago 1.90964
M5 duck price 1.93923
H4 Duck Strong slope higher entry above the duck
H1 Duck Strong slope higher entry above the duck
M5 Duck Entry above duck
Level taken explanation Bought AM. Pair in strong uptrend as seen by the H4 and the H1. Pair fell and stalled at the 1.9356 support and the 50 fib. Pair has bounced and is making a bullish engulfing in direction of trend on the H4.
Sl Placement SL is below the swing support and the fib and candlestick support
TP Placement TP is at the resistance
Fundamental
Risks
Updates
Account Balance 335.49
Amount Risked $ 3.30
Risked % 0.98%
$ Gained/Lost -4.36
% Gained/Lost of trade -132.12%
Gained/Lost % of account -1.30%
Happened Pair was bought on the sharp reversal off the 50 fib and the 1.9356 support. Pair went higher but reversed on risk aversion and hit the SL.
Improvements Trend was good on this, pair made a solid 50% retracement, entry was a tad late but not too bad. What did this in was the stock market tumble and the resulting JPY spike. I don’t think this trade was all that bad though.

1 Like

All right so I’m chalking this up as a failure. It’s time consuming when not profitable. I have used this 3 duck system for a few years and never could make it wotk. I have moved into price action now and further away from indicators. It’s possible I create a new thread in future with my price action trades. I’m also sticking to the H4 and higher until I am skilled enough for lower time frames.