Performance 28th September
7 am to 7 pm GMT
Closed positions:
GBP/JPY long +42
Open positions:
None
7 am to 7 pm GMT
Closed positions:
GBP/JPY long +42
Open positions:
None
Regards
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Here is a free Calculator...I don't know if its been posted here before 3 replies
Quoting A1CruiserDislikedI started the test this morning (Sep 27) at 8 o'clock GMT on three Japanese pairs:
USDJPY, EURJPY and GBPJPY.
The broker is Velocity4x, account opening balance USD 5000, leverage: 100.
I use the default settings on M15 timeframe. MM: true, risk: 0.02
There are two trades so far:
09:15 sell 0.10 lot USDJPY @ 117.15 currently -25.54
10:30 sell 0.10 lot EURJPY @ 148.97 currently -22.13Ignored
Quoting A1CruiserDislikedI started the test this morning (Sep 27) at 8 o'clock GMT on three Japanese pairs:
USDJPY, EURJPY and GBPJPY.
The broker is Velocity4x, account opening balance USD 5000, leverage: 100.
I use the default settings on M15 timeframe. MM: true, risk: 0.02
There are two trades so far:
09:15 sell 0.10 lot USDJPY @ 117.15 currently -25.54
10:30 sell 0.10 lot EURJPY @ 148.97 currently -22.13Ignored
Quoting A1CruiserDislikedCurrent position:
09:15 sell 0.10 lot USDJPY @ 117.15 - stopped out Sep 29 06:49 @ 117.99 -71.19
10:30 sell 0.10 lot EURJPY @ 148.97 - stopped out Sep 28 23:42 @ 149.81 -71.23
There is no position currently open.
Ignored
Quoting AutoDocDislikedI am trying to test Phoenix on a mini demo account on the EURUSD and USDJPY but I am not getting any trades.
Any ideas?
I been reading and reading and dont see any idea's
DocIgnored
Quoting amaruenterpriseDislikedHi A1Cruiser,
I had the exact same position on EURJPY so when I noticed it getting close to the stoploss I upped to 150.0 and it seems the price is going down now. I am waiting to see what happens next. Just my 2 cents.....Ignored
Quoting 1trader2DislikedHedrick,
First week statement for the new Phoenix is attached. Brief summary: Traded the JPY pairs you recommended with settings you suggested (all updated). 11 pairs opened trades: 4-USD/JPY; two losses. 5-EUR/JPY; two losses. 2-GBP/JPY; no losses. There was no float at the end of the week. My initial capital was $5112. Total loss for the week was $182.02.
Some suggestions:
It would be very helpful if you updated/revised your manual on Phoenix. I know it has evolved into something different than when you started. This would help us to understand how it works and knowing that would help us all work together to optimize it. You tell us that changing SL, TP and other parameters would throw the pairs "out of balance." We need to have a deeper understanding about your ideas and theories on Phoenix so that we can help you develop it.
As it stands now it looks like Phoenix's stop loss is too low and take profit too high. I think these need to be changed but we need to know how to keep the pairs "in balance" as you say. Thanks for all your work, by the way.
Just my two cents...
1 Trader2Ignored