DislikedLooks like we got a valid long trade. Lets see how it turns out.
Entry @ 1.2383
Stop Loss @1.2378
Take Profit @ 1.2398Ignored
Screenshots of trades posted in Real time trades by realjumper 2 replies
High probability trade setups for day trades and swing trades 4 replies
Session Breakouts (3 Trades, 15 minutes a day) 73 replies
Script/EA to balance losing trades agianst winning trades 23 replies
Daily Trades = Lazy Trades Journal 7 replies
DislikedLooks like we got a valid long trade. Lets see how it turns out.
Entry @ 1.2383
Stop Loss @1.2378
Take Profit @ 1.2398Ignored
Dislikedsignal at 8.03 was a loss.
which signal did you take percentage?
London with bias now has a signal, long time since they had a profit.Ignored
DislikedFirst red line - 1st trade no bias - loss
second red line - 2nd signal no bias - winner
third red line - Paulus original method - loss
AttachmentIgnored
DislikedIt seems to have just been one of those weeks for this method. I think I read somewhere in Paulus' orginal thread that somebody was down -25% so far this week.Ignored
DislikedMorning Strada,
Once I am in the trade I look at the difference between the entry price I got filled at and the stop loss and then calculate the TP from there (x3).
How do you do it?Ignored
DislikedYeah you get losing runs. It's hard to stick to the method when you do have drawdowns but unfortunately those losses are just part of trading!
JPRIgnored
DislikedStrada,
Awesome collating!
Looks as if the 7am no bias is the one to watch at the mo. That's the only win I had this week (Monday at Frankfurt open).
Thanks for doing this.Ignored
DislikedNo probs JPR, I just lift it off the spreadsheet, I'll email the updated version to you later.
Yes, 7am with bias has been consistent throughout and I'm now wondering if "stop at win" using 7am bias + 8am no bias may be the way to go or even going back to 1min 1trade but using 7am Bias start. We can't do that of course cause you'd have to start a new journal!!
strada.Ignored
DislikedI've summarised this weeks results below. They are based on actual trades or real time shadow trading. These results will vary from some others, not because of any differences in the method, more to do with trading strategy.
Day....7am Bias.....8am Bias....7am NB....8am NB...7+8 Bias....7+8 NB....S@W 7+8 NB...S@W 7Bias+8NB
Mon.......15%.............-5%...........-5%.........15%..........10%.........10%............10%..............15%
Tues.......15%............-5%...........-5%..........-5%.........10%........-10%..........-10%..............15%
Wed........15%...........-5%............15%..........-5%.........10%.........10%...........15%.............15%
Thurs.......15%...........-5%............15%.........15%..........10%.........30%...........15%..............15%
Fri..........-5%.............-5%...........-5%..........-5%.........-10%........-10%.........-10%.............-10%...Ignored