Update
I took another buy gbp usd @ 1.6656 on Feb 25. Forgot to update it
New trades
Open trades:
sell usd chf @ 0.8870, sl @ 0.8935
buy eur usd @ 1.3721, sl @ 1.3685
buy usd cad @ 1.1099, sl @ 1.0999
buy gbp usd @ 1.6656, sl @ 1.6560
Update
sl hit on eur usd
sl of usd chf was missed by 6 pips
New trades
Open trades:
sell usd chf @ 0.8870, sl @ 0.8935
buy usd cad @ 1.1099, sl @ 1.0999
buy gbp usd @ 1.6656, sl @ 1.6560
Update
account is down by 10% for February, but I made some mistakes with my lot size. Trades that won had 0.01 lot size and the others had 0.03. BIG mistake.
closed 1/3 of usd chf,moved sl to 0.8838
closed 1/3 of gbp usd, moved sl to 1.6686
New trades
Open trades:
sell usd chf @ 0.8870, sl @ 0.8838 (closed 1/3)
buy usd cad @ 1.1099, sl @ 1.0999
buy gbp usd @ 1.6656, sl @ 1.6686 (closed 1/3
Update
Off to a great month (I hope)
sell usd chf @ 0.8870, sl hit @ 0.8838 (closed in profit)
buy gbp usd @ 1.6656, sl hit @ 1.6686 (closed in profit)
New trades
Open trades:
buy usd cad @ 1.1099, sl @ 1.0999
Update
usd cad hit sl
New trades
buy gbp usd @ 1.6723, sl @ 1.6623 on mar 05
Open trades:
buy gbp usd @ 1.6723, sl @ 1.6623
Update
couple of new trades
New trades
buy usd cad @ 1.1117, sl : 1.1017
buy eur usd @ 1.3886, sl : 1.3790
Open trades:
buy gbp usd @ 1.6723, sl @ 1.6623
Hey buddy so how is this system going for you so far? are you in profit? and from how much time have you been using this strategy?
Update
gbp usd hit sl
New trades
Open trades:
buy usd cad @ 1.1117, sl : 1.1017
buy eur usd @ 1.3886, sl : 1.3790
Update
eur usd, closed 1/3 and moved sl to 1.3900
New trades
Open trades:
buy usd cad @ 1.1117, sl : 1.1017
buy eur usd @ 1.3886, sl moved : 1.3900, closed 1/3
Update
rest of the eur usd hit the sl for a small profit.
New trades
Open trades:
buy usd cad @ 1.1117, sl : 1.1017
Update
Closed 1/3 of usd cad and moved sl
New trades
Open trades:
buy usd cad @ 1.1117, sl : 1.1155 - closed 1/3
Update
Added 2 more pairs(eur jpy and gbp chf)
New trades
buy eur usd @ 1.3836, sl @ 1.3780
buy eur jpy @ 141.48, sl 140.25 , tp 142.65 ( I have tp for this)
Open trades:
buy usd cad @ 1.1117, sl : 1.1155 - closed 1/3
Update
sl hit is usd cad for a small profit
sl hit for eur usd
New trades
Open trades:
buy eur jpy @ 141.48, sl 140.25 , tp 142.65
Update
sl hit for eur jpy
New trades
buy aud usd @ 0.9258, sl @ 0.9209
buy gbp chf @ 1.4726, sl @ 1.4649
Open trades:
So I have been following this thread for a while now and even tried it myself, but it really is not for me.
As to all your posts what would you say is your r:r while using this system, and do you make profit that exceeds the losses?
Look I was all for ma’s and every other indicator but to be honest it does lag somewhat and you miss out on some trades.
I have started learning about Fibonacci and price action and not looking back just yet.
In saying this I have alot to learn though.
Yes, I agree with you about the indicators been lagging. When I started this, I had a monthly gain of 5%. Unfortunately, past 3 months were not good. It wiped out all the profits. My account went down by at least 10% every month. So, I am checking to see whether there is a way to make it work.
Will see what happens.