No much gain yesterday, only USD5.90 but better than nothing. I guess my scalping skills are really bad these days.
Total : USD5.90
Look like DTL on daily chart is holding up and I'm in short. It's too early but let see what happen. Indecision candle anyway.
20.10.2009
Wednesday, October 21, 2009 | Posted by Admin at 8:08 AM | Labels: 20.10.2009
19.10.2009
Tuesday, October 20, 2009 | Posted by Admin at 9:58 AM | Labels: 19.10.2009
Well, I did not win the demo contest because of that last GU move doomed my account while I'm on sell. This week, I started with new deposit on my real account but it did not went well also, it's hard to get over this guessing feeling saying GU will do a reversal yesterday even my indicators were disagreed with me. Perhaps, I should be more careful from now on.
Yesterday I lost about USD40.
Profit : USD7
Loss : USD47
Total : USD7 - USD47 = -USD40
15.10.2009
Thursday, October 15, 2009 | Posted by Admin at 1:29 AM | Labels: 15.10.2009
The road to win a demo contest.
No new post for a long time. The last strategy posted doesn't have any new result because I haven't test it since then. Meanwhile I've been trading for a demo contest and hopefully can win a 100USD prize. Then I can start a new live trading. Here's the result so far :
09.07.2009
Thursday, July 9, 2009 | Posted by Admin at 4:19 PM | Labels: 09.07.2009
New Trading Strategy on TEST
Broker : IKOfx - Demo Account
Pair : AUDUSD
Timeframe : H1
Indicator : Signal Line, Trend RSI, KG Wave Minor (I'm not the author of these indicators)
Rules :
(a) OP when all indicator show the same color, BLUE for BUY, RED for SELL.
(b) Do not enter trade when one of indicator's signal already move 5 candles/bars ahead other indicator.
Manual Backtest :
(a) OP been made on the lowest price of candle/bar if SELL and highest if BUY.
(b) Close position is lowest low on current trend for SELL and so on.
(c) Test been made from 05/02/2009 - 07/07/2009 with 72 trades.
(d) 8 losses and 64 winnings meaning 88% of winning possibilities and 11% losing possibilities.
(e) Lowest profit trade was 15 pips and highest 362 pips.
Forward Test :
(a) TP 20 pips and SL 100 pips.
(b) 2 OP per trade which 2nd trade is for trailing.
Result for today :
OP 1 : 20 Pips
OP 2 : 32 Pips - I closed this trade without reason :)
Total : 52 Pips