Robot trading

hi sirs,

your system is so power!
dont you mind send your template file to me ?
becos i don't know how to setting your chart ...

thank you

from mini008

Hi Mini 008

I cant send out the template yet I'm afraid but if you look at the chart with the buy sell arrows and study you should get a good idea what the system is

Cheers

Paul

Been a time since my last update ..but alot going on atm

here are the latest updates

EURUSD ( 4th) Long 1.5721 1st tgt 160 pips

USDJPY (1st) long 101.83 1st tgt 165 pips


Total pips gained for positions totally closed

USDCAD loss 90 pips
EURCHF- profit +75
GBPCHF- profit + 297 pips
EURGBP - profit +56 pips
AUDUSD- profit +317 pips
GBPUSD - profit +502 pips
EURUSD - profit +303 pips
EURCHF - profit +59 pips
EURJPY - profit +196 pips
AUDUSD - profit +94 pips
EURGBP - profit + 242 pips
EURUSD - profit + 98 pips
GBPCHF profit + 261 pips
EURCHF profit + 51 pips
GBPJPY profit + 214 pips
USDJPY profit + 133 pips
EURJPY profit +192 pips
GBPCHF profit +177 pips
EURCHF loss - 53pips
USDCHF profit +132 pips
AUDUSD loss -87pips
GBPJPY Profit + 280 pips
USDJPY Loss -101 pips
EURGBP profit + 48 pips
EURGBP loss - 32 pips
EURJPY profit + 198 pips

AUDUSD loss -84 pips
EURCHF profit +82 pips
GBPCHF profit +210 pips
GBPUSD profit +154 pips
USDCHF loss - 68pips
GBPCHF profit +242
EURAUD loss - 38 pips
GBPJPY loss -200 pips
EURGBP profit+ 140 pips
AUDUSD loss -33 pips
USDCAD loss - 35 pips
USDCAD loss - 85 pips
GBPJPY profit + 210 pips
AUDUSD profit +135 pips
AUDUSD loss - 55 pips
EURJPY profit + 239 pips
GBPJPY profit + 368 pips
GBPCHF profit + 287 pips
EURCHF profit +158 pips
EURGBP profit +102 pips
GBPJPY profit +288
GBPUSD loss - 155 pips
USDJPY loss- 60 pips
EURCHF loss - 43pips
EURGBP profit +72pips
GBPCHF profit + 262 pips
USDCHF loss - 232 pips
EURUSD profit + 177 pips - I made a loss due to incorrect calculations by me - system made a win so have recorded it as a win
AUDUSD profit +94pips

Taken on 8th at 8.45pm

GBPUSD short 1.9702 tgt 175 pips still short no tgt hit
USDCAD long 1.0122 tgt 103 pips 1st tgt of 103 pips hit close half stop set to break even
EURGBP long 0.7982 tgt 67 pips still long no tgt hit
GBPCHF short 1.9937 tgt 191 pips .. 1st tgt of 191 pips hit close half stop set to break even


Existing open trades

EURUSD ( 4th) Long 1.5721 1st tgt 160 pips 1st tgt of 160 pips hit closed half stop to break even
USDJPY (1st) long 101.83 1st tgt 165 pips still long no tgt hit


Total pips gained for positions totally closed

USDCAD loss 90 pips
EURCHF- profit +75
GBPCHF- profit + 297 pips
EURGBP - profit +56 pips
AUDUSD- profit +317 pips
GBPUSD - profit +502 pips
EURUSD - profit +303 pips
EURCHF - profit +59 pips
EURJPY - profit +196 pips
AUDUSD - profit +94 pips
EURGBP - profit + 242 pips
EURUSD - profit + 98 pips
GBPCHF profit + 261 pips
EURCHF profit + 51 pips
GBPJPY profit + 214 pips
USDJPY profit + 133 pips
EURJPY profit +192 pips
GBPCHF profit +177 pips
EURCHF loss - 53pips
USDCHF profit +132 pips
AUDUSD loss -87pips
GBPJPY Profit + 280 pips
USDJPY Loss -101 pips
EURGBP profit + 48 pips
EURGBP loss - 32 pips
EURJPY profit + 198 pips

AUDUSD loss -84 pips
EURCHF profit +82 pips
GBPCHF profit +210 pips
GBPUSD profit +154 pips
USDCHF loss - 68pips
GBPCHF profit +242
EURAUD loss - 38 pips
GBPJPY loss -200 pips
EURGBP profit+ 140 pips
AUDUSD loss -33 pips
USDCAD loss - 35 pips
USDCAD loss - 85 pips
GBPJPY profit + 210 pips
AUDUSD profit +135 pips
AUDUSD loss - 55 pips
EURJPY profit + 239 pips
GBPJPY profit + 368 pips
GBPCHF profit + 287 pips
EURCHF profit +158 pips
EURGBP profit +102 pips
GBPJPY profit +288
GBPUSD loss - 155 pips
USDJPY loss- 60 pips
EURCHF loss - 43pips
EURGBP profit +72pips
GBPCHF profit + 262 pips
USDCHF loss - 232 pips
EURUSD profit + 177 pips - I made a loss due to incorrect calculations by me - system made a win so have recorded it as a win
AUDUSD profit +94pips

New signals taken on 14th

USDCHF short 1.0013 tgt 152 pips



Taken on 8th at 8.45pm

GBPUSD short 1.9702 tgt 175 pips still short no tgt hit
USDCAD long 1.0122 tgt 103 pips 1st tgt of 103 pips hit close half stop set to break even
EURGBP long 0.7982 tgt 67 pips still long no tgt hit
GBPCHF short 1.9937 tgt 191 pips .. 1st tgt of 191 pips hit close half stop set to break even


Existing open trades

EURUSD ( 4th) Long 1.5721 1st tgt 160 pips +160pips 1st tgt ,19 pip loss on remaining 50% due to gap down on open
USDJPY (1st) long 101.83 1st tgt 165 pips still long no tgt hit


Total pips gained for positions totally closed

USDCAD loss 90 pips
EURCHF- profit +75
GBPCHF- profit + 297 pips
EURGBP - profit +56 pips
AUDUSD- profit +317 pips
GBPUSD - profit +502 pips
EURUSD - profit +303 pips
EURCHF - profit +59 pips
EURJPY - profit +196 pips
AUDUSD - profit +94 pips
EURGBP - profit + 242 pips
EURUSD - profit + 98 pips
GBPCHF profit + 261 pips
EURCHF profit + 51 pips
GBPJPY profit + 214 pips
USDJPY profit + 133 pips
EURJPY profit +192 pips
GBPCHF profit +177 pips
EURCHF loss - 53pips
USDCHF profit +132 pips
AUDUSD loss -87pips
GBPJPY Profit + 280 pips
USDJPY Loss -101 pips
EURGBP profit + 48 pips
EURGBP loss - 32 pips
EURJPY profit + 198 pips

AUDUSD loss -84 pips
EURCHF profit +82 pips
GBPCHF profit +210 pips
GBPUSD profit +154 pips
USDCHF loss - 68pips
GBPCHF profit +242
EURAUD loss - 38 pips
GBPJPY loss -200 pips
EURGBP profit+ 140 pips
AUDUSD loss -33 pips
USDCAD loss - 35 pips
USDCAD loss - 85 pips
GBPJPY profit + 210 pips
AUDUSD profit +135 pips
AUDUSD loss - 55 pips
EURJPY profit + 239 pips
GBPJPY profit + 368 pips
GBPCHF profit + 287 pips
EURCHF profit +158 pips
EURGBP profit +102 pips
GBPJPY profit +288
GBPUSD loss - 155 pips
USDJPY loss- 60 pips
EURCHF loss - 43pips
EURGBP profit +72pips
GBPCHF profit + 262 pips
USDCHF loss - 232 pips
EURUSD profit + 177 pips - I made a loss due to incorrect calculations by me - system made a win so have recorded it as a win
AUDUSD profit +94pips

Taken on 16th

AUDUSD (16th) long 0.9391 1st tgt 83 pips

New signals taken on 15th

EURCHF (15th) long 1.5898 1st tgt 115 pips
EURAUD ( 15th) short 1.7082 1st tgt 190 pips




Taken on 8th at 8.45pm

GBPUSD short 1.9702 tgt 175 pips still short no tgt hit
USDCAD long 1.0122 tgt 103 pips 1st tgt of 103 pips hit close half stop set to break even - break even stop hit
EURGBP long 0.7982 tgt 67 pips - 1st tgt hit close 50% stop to break even
GBPCHF short 1.9937 tgt 191 pips .. 1st tgt of 191 pips hit close half stop set to break even


Existing open trades

EURUSD ( 4th) Long 1.5721 1st tgt 160 pips +160pips 1st tgt ,19 pip loss on remaining 50% due to gap down on open
USDJPY (1st) long 101.83 1st tgt 165 pips still long no tgt hit
USDCHF (14th)short 1.0013 1st tgt 152 pips- stop hit loss of 73pips
EURUSD (14th) long 1.5799 1st tgt 168 pips - 1st tgt hit close 50% stop to break even ( missed signal)
EURJPY ( 14th) long 159.65 1st tgt 170 pips- 1st tgt hit close 50% stop to break even ( missed signal)



Total pips gained for positions totally closed

USDCAD loss 90 pips
EURCHF- profit +75
GBPCHF- profit + 297 pips
EURGBP - profit +56 pips
AUDUSD- profit +317 pips
GBPUSD - profit +502 pips
EURUSD - profit +303 pips
EURCHF - profit +59 pips
EURJPY - profit +196 pips
AUDUSD - profit +94 pips
EURGBP - profit + 242 pips
EURUSD - profit + 98 pips
GBPCHF profit + 261 pips
EURCHF profit + 51 pips
GBPJPY profit + 214 pips
USDJPY profit + 133 pips
EURJPY profit +192 pips
GBPCHF profit +177 pips
EURCHF loss - 53pips
USDCHF profit +132 pips
AUDUSD loss -87pips
GBPJPY Profit + 280 pips
USDJPY Loss -101 pips
EURGBP profit + 48 pips
EURGBP loss - 32 pips
EURJPY profit + 198 pips

AUDUSD loss -84 pips
EURCHF profit +82 pips
GBPCHF profit +210 pips
GBPUSD profit +154 pips
USDCHF loss - 68pips
GBPCHF profit +242
EURAUD loss - 38 pips
GBPJPY loss -200 pips
EURGBP profit+ 140 pips
AUDUSD loss -33 pips
USDCAD loss - 35 pips
USDCAD loss - 85 pips
GBPJPY profit + 210 pips
AUDUSD profit +135 pips
AUDUSD loss - 55 pips
EURJPY profit + 239 pips
GBPJPY profit + 368 pips
GBPCHF profit + 287 pips
EURCHF profit +158 pips
EURGBP profit +102 pips
GBPJPY profit +288
GBPUSD loss - 155 pips
USDJPY loss- 60 pips
EURCHF loss - 43pips
EURGBP profit +72pips
GBPCHF profit + 262 pips
USDCHF loss - 232 pips
EURUSD profit + 177 pips - I made a loss due to incorrect calculations by me - system made a win so have recorded it as a win
AUDUSD profit +94pips

So very true. A double edged sword, that's always pointed at your neck.

Hi all a quick update..

Total points banked since 1st signal posted in Dec 2007 approx 6000 pips

Taken on 16th

AUDUSD (16th) long 0.9391 1st tgt 83 pips- still live

New signals taken on 15th

EURCHF (15th) long 1.5898 1st tgt 115 pips 1st tgt hit 50% closed stop at break even
EURAUD ( 15th) short 1.7082 1st tgt 190 pips 1st tgt hit 50% closed stop at break even

Existing open trades

USDJPY (1st) long 101.83 1st tgt 165 pips 1st tgt hit 50% closed stop at break even
EURUSD (14th) long 1.5799 1st tgt 168 pips - 1st tgt hit close 50% stop to break even ( missed signal)
EURJPY ( 14th) long 159.65 1st tgt 170 pips- 1st tgt hit close 50% stop to break even ( missed signal)



Total pips gained for positions totally closed

USDCAD loss 90 pips
EURCHF- profit +75
GBPCHF- profit + 297 pips
EURGBP - profit +56 pips
AUDUSD- profit +317 pips
GBPUSD - profit +502 pips
EURUSD - profit +303 pips
EURCHF - profit +59 pips
EURJPY - profit +196 pips
AUDUSD - profit +94 pips
EURGBP - profit + 242 pips
EURUSD - profit + 98 pips
GBPCHF profit + 261 pips
EURCHF profit + 51 pips
GBPJPY profit + 214 pips
USDJPY profit + 133 pips
EURJPY profit +192 pips
GBPCHF profit +177 pips
EURCHF loss - 53pips
USDCHF profit +132 pips
AUDUSD loss -87pips
GBPJPY Profit + 280 pips
USDJPY Loss -101 pips
EURGBP profit + 48 pips
EURGBP loss - 32 pips
EURJPY profit + 198 pips

AUDUSD loss -84 pips
EURCHF profit +82 pips
GBPCHF profit +210 pips
GBPUSD profit +154 pips
USDCHF loss - 68pips
GBPCHF profit +242
EURAUD loss - 38 pips
GBPJPY loss -200 pips
EURGBP profit+ 140 pips
AUDUSD loss -33 pips
USDCAD loss - 35 pips
USDCAD loss - 85 pips
GBPJPY profit + 210 pips
AUDUSD profit +135 pips
AUDUSD loss - 55 pips
EURJPY profit + 239 pips
GBPJPY profit + 368 pips
GBPCHF profit + 287 pips
EURCHF profit +158 pips
EURGBP profit +102 pips
GBPJPY profit +288
GBPUSD loss - 155 pips
USDJPY loss- 60 pips
EURCHF loss - 43pips
EURGBP profit +72pips
GBPCHF profit + 262 pips
USDCHF loss - 232 pips
EURUSD profit + 177 pips - I made a loss due to incorrect calculations by me - system made a win so have recorded it as a win
AUDUSD profit +94pips
USDCAD profit +103 pips
EURGBP profit + 67 pips
GBPCHF profit + 191 pips
GBPUSD loss - 233pips
EURUSD profit +140 pips
USDCHF loss - 73pips

Hi Paul

Congrats on your method

Im trying to follow your method as well (AUDUSD hit my TP). I need to implement some EA as I am usually at work when my TP is hit - I would like to sell 50% of the lot and then move the SL to my entry point (plus the spread). Do you manage the position manually ?

I recieved a signal on GJ on Thursday/Friday - Do you only monitor a small universe of currencies ?

Hi Pervaz

I use capital spreads and I can implement the closing out 50% automaticaly with them but I move the stop manualy at 8.45pm or as near as I can to that time

although....

I've had a good look and it seems its prob best to close out all profits at the 1st target..agreed there have been some nice runners once the 1st target has been hit but prob only 1/2 doz over all the trades ..

for example

12 trades hitting 150 pips (at £5 per pip)

12 x 150 pip 1st tgt = 150 x £2.50= £4,500

Remainder at breakeven which gets hit = 12 x zero pips = £0.00

Over all closing out all trades at 1st tgt would of made me an extra £4.5k thus building the account

Also with the signals coming in thick and fast as they have been of late..I think its better to turn over the money in the account.

I'm only trading the system on 12 swaps ( these are listed as major Forex in Capital) where as there are around 40 I believe,without Gold Oil Silver Wheat etc

I trade my Futures through a Futures Broker and so pay CGT on my profits initially I don't want to do that with Forex hence the spread betting account..but IF the account builds and is successful I will move over to a proper Forex broker so I can get the quantity required.

I'm not looking at tomorrow but 5 years down the line..

cheers

paul

A trader friend put this together for me and doesn't cover the latest winning pips


Hi Paul,
I found your weblog and did some number type crunching overnight. Your figures are truly amazing.
I was looking at strike rates etc. On the amount of data shown it would appear that your system applies itself very well to most Forex instruments with the exception of the bottom 3 which have strike rates of 0%, 33% & 33% respectively.
If you were looking to hone your system there are 3 instruments where you have 100% strike rate and another where you are at 85% and another at 83%.
Cheers
M

Forex Traded Profit / Loss Number of pips Totals % wins AUDUSD profit 317

AUDUSD profit 94

AUDUSD profit 135

AUDUSD profit 94

AUDUSD loss -87

AUDUSD loss -84

AUDUSD loss -33

AUDUSD loss -55 381 50.0%




EURAUD loss -38 -38 0.0%




EURCHF profit 75

EURCHF profit 82

EURCHF profit 158

EURCHF loss -43

EURCHF profit 59

EURCHF profit 51

EURCHF loss -53 329 71.4%




EURGBP profit 48

EURGBP profit 140

EURGBP profit 72

EURGBP loss -32

EURGBP profit 242

EURGBP profit 102

EURGBP profit 56 628 85.7%




EURJPY profit 196

EURJPY profit 239

EURJPY profit 192

EURJPY profit 198 825 100.0%




EURUSD profit 303

EURUSD profit 98

EURUSD profit 177 578 100.0%




GBPCHF profit 297

GBPCHF profit 261

GBPCHF profit 177

GBPCHF profit 210

GBPCHF profit 242

GBPCHF profit 287

GBPCHF profit 262 1736 100.0%




GBPJPY profit 214

GBPJPY profit 280

GBPJPY profit 368

GBPJPY loss -200

GBPJPY profit 210

GBPJPY profit 288 1160 83.3%




GBPUSD profit 502

GBPUSD profit 154

GBPUSD loss -155 501 66.7%




USDCAD loss -85

USDCAD loss -90

USDCAD loss -35 -210 0.0%




USDCHF loss -232

USDCHF loss -68

USDCHF profit 132 -168 33.3%




USDJPY profit 133

USDJPY loss -101

USDJPY loss -60 -28 33.3%






Grand Total 5694 pips

Your friend doesn't tell you that your sample size is too small at this point to have any confidence in what pairs work best.

With those huge take profits, isn't the rollover premium eating you alive? Are you moving stoplosses to compensate for negative rollover premiums?

ie) If I figure my $/pip in a particular trade, I can move the SL up 1 pip for every negative $/pip rollover I incure.

Finally, when do you get the courage to trade with real money?

For those that follow GOLD here are all the signals of late..using the same Forex system

http://picnac.com/images/9583Gold%20all%20sigs.jpg

Tdion

Your a blast

My friend was just doing what he thought best ,I’m not going to tell him thanks but it was a waste of time…we all need all the help we can get in this business..Im not so naive as to assume 4 months data is enough to build any system around. I have answered numerous emails and pvt messages about my system on this forum and have stated at least once on the BB I think I wanted 3months of live testing before I even had the EA written

I really resent the comment re – live trading

you think your the only trader in this community to trade big size ?
what gives you the sole rights of trading a big account?

Or you feel you have caught me out perhaps.. I feel sorry for you


You know nothing about me or my finances. I trade for real my friend ...Forex eod and Futures with the Russel 2000 future.

I’ve been trading for 11 years and although not a life time I have a fair idea I think what I'm doing with my money management and risk control.And I have In can assure you like prob all other traders on this BB seriously lost at times in my past

I think its a shame that your account size or lack of it is stopping you trading the size you want.

I have posted that I trade all the trades with Capital spreads a spread betting company NOT with a forex broker they calculate margins very differently

And im definitely not getting into any argument or banter about what if anything I’m doing in my personal account,if this thread goes that way Il pull it and go…we all lose

You're crazy, dude.

Paul please dont go.

i think Tdion's phrase "a real bull" says it all.

I have learnt a lot from this thread and from talking to Paul via pm and mails - he has always acted honestly, openly and freely.

Tidon if you dont agree with pauls method or system Im sure you can just ignore his thread !

Taken on 21st

EURGBP (21st) long 0.8035 1st tgt 103 pips

Taken on 16th

AUDUSD (16th) long 0.9391 1st tgt 83 pips still live

New signals taken on 15th

EURCHF (15th) long 1.5898 1st tgt 115 pips 1st tgt hit 50% closed stop at break even
EURAUD ( 15th) short 1.7082 1st tgt 190 pips 1st tgt hit 50% closed stop at break even

Existing open trades

USDJPY (1st) long 101.83 1st tgt 165 pips 1st tgt hit 50% closed stop at break even
EURUSD (14th) long 1.5799 1st tgt 168 pips - 1st tgt hit close 50% - break even stop hit all flat
EURJPY ( 14th) long 159.65 1st tgt 170 pips- 1st tgt hit close 50% stop to break even ( missed signal)



Total pips gained for positions totally closed

USDCAD loss 90 pips
EURCHF- profit +75
GBPCHF- profit + 297 pips
EURGBP - profit +56 pips
AUDUSD- profit +317 pips
GBPUSD - profit +502 pips
EURUSD - profit +303 pips
EURCHF - profit +59 pips
EURJPY - profit +196 pips
AUDUSD - profit +94 pips
EURGBP - profit + 242 pips
EURUSD - profit + 98 pips
GBPCHF profit + 261 pips
EURCHF profit + 51 pips
GBPJPY profit + 214 pips
USDJPY profit + 133 pips
EURJPY profit +192 pips
GBPCHF profit +177 pips
EURCHF loss - 53pips
USDCHF profit +132 pips
AUDUSD loss -87pips
GBPJPY Profit + 280 pips
USDJPY Loss -101 pips
EURGBP profit + 48 pips
EURGBP loss - 32 pips
EURJPY profit + 198 pips

AUDUSD loss -84 pips
EURCHF profit +82 pips
GBPCHF profit +210 pips
GBPUSD profit +154 pips
USDCHF loss - 68pips
GBPCHF profit +242
EURAUD loss - 38 pips
GBPJPY loss -200 pips
EURGBP profit+ 140 pips
AUDUSD loss -33 pips
USDCAD loss - 35 pips
USDCAD loss - 85 pips
GBPJPY profit + 210 pips
AUDUSD profit +135 pips
AUDUSD loss - 55 pips
EURJPY profit + 239 pips
GBPJPY profit + 368 pips
GBPCHF profit + 287 pips
EURCHF profit +158 pips
EURGBP profit +102 pips
GBPJPY profit +288
GBPUSD loss - 155 pips
USDJPY loss- 60 pips
EURCHF loss - 43pips
EURGBP profit +72pips
GBPCHF profit + 262 pips
USDCHF loss - 232 pips
EURUSD profit + 177 pips - I made a loss due to incorrect calculations by me - system made a win so have recorded it as a win
AUDUSD profit +94pips
USDCAD profit +103 pips
EURGBP profit + 67 pips
GBPCHF profit + 191 pips
GBPUSD loss - 233pips
EURUSD profit +140 pips
USDCHF loss - 73pips

Thanks Pervaz

I was caught off guard and not in the best frame of mind im afraid when i answered that post.

I am honest and have posted results and when i can signals before mkt close without asking any thing in return.

I'm trading at the smallest possible stake with capital for 2 reasons

1. Im testing live and its my REAL money

2.I soon realized that I would at stages in the testing have multiple positions open,and my funds are not un limited

Luckily for me the gains out weight the losses most days even so the account covers it..

Out of the 7 open position today

1 was closed out as break even stop was hit
the other have a gain of 985 pips although my gain is less as the EURJPY signal was missed and that is up a hefty 459 pips from open

My gain today from open is 525 pips so no account balance is used as margin

Thanks for the support

The stop on the initial signal is placed 10 pips below the low of the entry candle in the case of a long.

What amazes me is how often traders pick out a stop that is just thier max pain threshold

ie . going long on a daily bar setting a target of 100 pips because that is what they would like and then just thinking I want a risk reward of 2:1 so I will make my stop 50 pips

This has no relation with what that daily bar can and will do..

I think the stop should be placed in the best possible place to prevent it from being hit and this is normaly a technical level.In my case I use the low of the signal candle and go 10 pips below it.Other may use the last swing low of a recent move.

Once you can see the position of your stop then work out your money manegment and that determines your stake.Agreed with a 10 pip stop you could be wrong 10 times with a tgt of 100 pips and still come out break even but I think that is the wrong way to go.

Anyway here is the stop moves so far on EURJPY

http://picnac.com/images/6040EURJPY.jpg

Another trade that is still open AUDUSD ,due to initial stop placement it now has a chance to win

http://picnac.com/images/8911AUDUSD.jpg