hi. yea, good point. you get so caught up in your own strategy sometimes you fail to see the obvious.
anyways, i would have to go and backtest using a larger profit target to see. i might be able to go for 50, for example, scaling out at 25 or so. but i would still to do some research to see if i could even capture that many pips on my trades.
hi sirieth. i dont have my system posted. just keeping a journal of how it does. i’ll post a link to my website as soon as i finishing uploading the performance report so you can view its historicals.
Initial long looked like a solid signal. Got out right when EURUSD was hitting on 15min 50day and right when consumer confidence was coming out. Trying to end the month strong and hoping to finish above my 150 avg.
Today +16
MTD +142
[Please don’t trade off of the inputs I enter here (as they will be old news by the time i post it). At some point I will setup a desktop sharing program for those interested in following it live]
“Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results.”
Initial long was a solid signal. EURUSD initially dropped a bit but eventually got going on the upside. I got out when it was hitting the 5min 50day MA. It broke it and kept going higher, but I was happy with 13 pips today.
Today +13
MTD +155
[Please don’t trade off of the inputs I enter here (as they will be old news by the time i post it). At some point I will setup a desktop sharing program for those interested in following it live]
“Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results.”
I’m still looking for a reversal in this pair to the upside. See chart below. All the red arrows were nice trades, I only made one which is still open. TP-1 hit, looking to breakeven on 2nd lot and become a bear. If i was a scalper I would lock in a lot of pips from this pair today.
EURUSD kept climbing as soon as my short came in. Just popped up and stopped me out at -25. One day left, lets finish strong!
Today -25
MTD +130
[Please don’t trade off of the inputs I enter here (as they will be old news by the time i post it). At some point I will setup a desktop sharing program for those interested in following it live]
“Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results.”
Will probably take my loss if it breaks the 5min 50day and call it a month.
Took my loss when it broke 5min 50day. April’s done.
Today -20
MTD +110
[Please don’t trade off of the inputs I enter here (as they will be old news by the time i post it). At some point I will setup a desktop sharing program for those interested in following it live]
“Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results.”
“Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results.”
Went short at US market open and felt great about it since it was riding down the 15min resistance trend line. Was breakeven when ISM and Construction Spending news came out and EURUSD dropped right after the news was released. EURUSD was hitting day low and was worried it could bounce and wasn’t comfortable holding it much longer. Good start to May.
Today +16
MTD +16
[Please don’t trade off of the inputs I enter here (as they will be old news by the time i post it). At some point I will setup a desktop sharing program for those interested in following it live]
“Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results.”
got a long signal on EURUSD which made me nervous, but i went long anyways (gotta follow the system). decided to take 5 pips since NFP news was positive for USD and i just had a feeling EURUSD would weaken further.
Today +5
MTD +21
[Please don’t trade off of the inputs I enter here (as they will be old news by the time i post it). At some point I will setup a desktop sharing program for those interested in following it live]
“Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results.”
went long at US market open and rode it up until EURUSD hit R1. didn’t seem have to have enough follow through to break it, so i took my 7 pips.
Today +7
MTD +28
[Please don’t trade off of the inputs I enter here (as they will be old news by the time i post it). At some point I will setup a desktop sharing program for those interested in following it live]
“Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results.”
[B]Well Lucky to lock even +7 On E/U:) …I also exit for just +2 Pip’s though it didnt even hit My SL -40 Pip’s & if i remain’s their i can lock easily +30 Pip’s but i dont wana hang myself in these sort of situation’s as it was a mix reaction today by this pair… Strange Mix Movement today By E/U…
PipHacker!!![/B]
well… it wasnt breaking through R1 (floor pivot) and if you look at the 5min chart there were four bars just hitting R1. So i took my profits i think on the 3rd bar or so. If i see it isnt breaking it, i prefer to just take my profits and run.
looking back, it was a great sell… i would have gotten stopped out.
Got a really mixed signal this morning… it was “leaning” towards a short, but in my opinion it would have been a crap shoot. so i decided to stay out of this one. no need to trade carelessly.
had a nice strong short signal at US market open. it bounced around sideways for a while. i was hoping to get out of the position before “Pending Home Sales” came out, but i was underwater a few pips. it had a small pop up when the news came out but then it steadily went lower. decided to get out when it retested the day lows and S2.
Today +15
MTD +43
[Please don’t trade off of the inputs I enter here (as they will be old news by the time i post it). At some point I will setup a desktop sharing program for those interested in following it live]
“Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results.”
had a nice strong buy signal at US market open. as soon as i went long, EURUSD kept running up and hit over 1.5430. felt like it was over stretched, since it had been running up nicely since 840am or so, so i took 15 pips. might jump back in if it retraces.
Today +15
MTD +58
[Please don’t trade off of the inputs I enter here (as they will be old news by the time i post it). At some point I will setup a desktop sharing program for those interested in following it live]
“Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results.”
Past performance is not indicative of future results, as returns may vary according to market conditions.
had a buy signal at US market open. as soon as i went long, i could see 5min and 15min resistance right above. EURUSD had been downtrending all morning. took a small profit. didn’t want to risk it.
Today +3
MTD +61
[Please don’t trade off of the inputs I enter here (as they will be old news by the time i post it). At some point I will setup a desktop sharing program for those interested in following it live]
“Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results.”
Past performance is not indicative of future results, as returns may vary according to market conditions.
[B]There was an excellent apportunity to go short on E/U @ 1.5474 But this important new’s was coming before i enter
USD Retail Sales m/m
USD Import Price Index m/m
So i didnt enter for short coz of new’s but E/U Eventually drop’s for almost +44 Pip’s so far…
Anyway’s Best Of Luck to you too UpTick:) …Looking forward for your trade’s…
PipHacker!!![/B]