Konviction's Breakout experiment [beta 1.0]

Discussion in 'Journals' started by konviction, Jan 5, 2011.

  1. Your trade has, in its favor, an NR7 breakout of the daily of USD which is what popped everything else higher. Correlation trading works pretty well. Look at GBP it did the same thing, so did ES.
     
    #61     Jan 12, 2011
  2. These are the explosive moves that I'm talking about, however I didnt make any money on this trade. I figured like the past couple of trades, it would pop, retrace, and either go higher or stop me out.

    In this case, I didnt have a chance to add at the 50% level, and so I was stuck with one lot the whole time.
     
    #62     Jan 13, 2011
  3. Eur/aud is finally in profit after a big move against me.
     
    #63     Jan 13, 2011
  4. + 190 on 2 contracts.
     
    #64     Jan 14, 2011
  5. jan 10th - 14th update

    9 trades
    7 winners
    2 losers

    edit --> net : 1,449.24 (9.66%)
     
    #65     Jan 16, 2011
  6. One of the fx pairs im watching, but only have orders on e/u. Here is the range.
     
    #66     Jan 17, 2011
  7. Not the best last 2 days.

    I held YM over night, because I was stupid and started trading it in the late afternoon cuz I got bored, so thank god we had the move down. On eur/usd, I got stopped, but I failed to reverse my trade long, which would have been a winner.

    -303.30 on e/u
    + 220 on ym

    net - 83.30
     
    #67     Jan 19, 2011
  8. eur/usd

    One thing I noticed with myself when I trade this system is that if I dont take the stop-&-reverse trade immediately, I start to second guess the trade, and decide not to enter. Even off 2hr charts, trading fx is difficult. It's a 24hr market and the most active times are those when I'am asleep.
     
    #68     Jan 19, 2011
  9. Nice volatility on gbp-usd. I expect a continued move down but ill play either side.
     
    #69     Jan 20, 2011
  10. Stop and reverse on gbp/usd. Stupid me didnt have a stop in place. Glad i woke up when I did.
     
    #70     Jan 25, 2011