Here are the totals for the week for each pair. Now keep in mind the issues in Greece and the stock market drop at the end of last week played havoc on the market for this weeks trading activity.
Eur/Usd- +158 pips
Gbp/Usd- +93 pips
Usd/Chf- +145 pips
Gbp/Chf- +867 pips
Usd/Jpy- -47 pips
Eur/Jpy- No trades
Gbp/Jpy- No trades
Total for the week- +1216 pips
It's very obvious the big winner this week was the Gbp/Chf, probably due to the larger range and being a Gbp pair. Usd/Jpy was the loser this week as the only pair in negative numbers. Again, this is probably due to the fact it has probably the smallest range of the seven pairs tested and doesn't provide as much movement outside of the Asian session.
Due to last weeks bad news, ranges for Eur/Jpy and Gbp/Jpy were extremely high and we had red boxes all week. If this trend continues, I will have to evaluate and raise the "MaxBoxSize" to coincide better with the daily ranges. For example, if we would've changed Eur/Jpy to an 80 pips box size and Gbp/Jpy to a 100 pip box size, we would have made an additional +381 pips. (See pics)
I'll leave the box sizes alone for now and see how next weeks results turn out.
Eur/Usd- +158 pips
Gbp/Usd- +93 pips
Usd/Chf- +145 pips
Gbp/Chf- +867 pips
Usd/Jpy- -47 pips
Eur/Jpy- No trades
Gbp/Jpy- No trades
Total for the week- +1216 pips
It's very obvious the big winner this week was the Gbp/Chf, probably due to the larger range and being a Gbp pair. Usd/Jpy was the loser this week as the only pair in negative numbers. Again, this is probably due to the fact it has probably the smallest range of the seven pairs tested and doesn't provide as much movement outside of the Asian session.
Due to last weeks bad news, ranges for Eur/Jpy and Gbp/Jpy were extremely high and we had red boxes all week. If this trend continues, I will have to evaluate and raise the "MaxBoxSize" to coincide better with the daily ranges. For example, if we would've changed Eur/Jpy to an 80 pips box size and Gbp/Jpy to a 100 pip box size, we would have made an additional +381 pips. (See pics)
I'll leave the box sizes alone for now and see how next weeks results turn out.