Classic case of "let your winners run". Max profit would have been somewhere around ~4000 in total on this algo today. I get scraps because I'm nervous.
Trying to stay awake for HK market open and China data in half an hour, Chinese industrial output might be fun.
Marginal move but not of the very productive sort. -30 on first algo activation and +20 after second one. Newly added position sizing calculations seem off for HKD so I need to backtest algo on some recent HK33HKD data and fix it.
Well, this algo is mostly about scoring a few big ones so I am cutting a lot of my profit potential by taking it early. I should basically have thought harder about the news driving the move - when it's being interpreted as a potential game changer like today I should be holding exit button a little less tight.
Euro session seems to be heating up lately so I should probably switch from attempting staying up for Asian start to getting up my own time instead.
Behavior at start of NQ session has been non-ideal (mean reversion dominating trend) so won't trade today. I don't have any conviction on where this session is ending either other than a coin toss. Edit: if I see it breaking through high of session I might reconsider.
Closed here for +75, realized I have a long delayed Windows update scheduled this night... Would be better off sleeping for tomorrow. AND tomorrow is a nice data day. Probably I won't be able to trade but will make an effort to multitask.
Btw did two algo activations amounting to -150 yesterday evening that I forgot to write about. Found that my auto trend bias logic tends to make poor choices if it doesn't trigger within a minute or so (usually at which time the 5s bar graph looks quite different), so I might experiment putting a time cap on it or changing something else in it to address this. Some late night thinking now: I realized that I tend to make my manual exits in a rather poor manner (usually too early), so I would be better served fully automating exits too. That's a large amount of work though. And at this point, I really need to go ahead and implement some own logging so that I can analyze trades better (also posting them here or even in real time on Twitter).