Survival Of The Fittest

Trending or ranging we must strive to survive in Forex Markets.
Disclosure!
Videos might include live trades although i do not encourage anyone to follow them.

It begins.

Update positions and thoughts on the market.

First week has ended and first trades have been closed.
0.56% Profit first week and expecting a bit more than that to come from now on since i started without any trades the week.
Max DD was 0.34% and currently standing close to 0% DD before weekend.




As more profit is expected starting this point i do expect a bit more DD to occur and so far I've had no losses as you can see in video but i'll embrace the moment when i'll have to cut them as losing a trade makes space for a more successful one.

Monday's video is here .



Currently standing on 1.16% Profit with the same max level from last week in DD.
More orders to enter today and few to close also but those will be covered in next video.
As stated in the video i do intend in the near future to go more in details about money management, standard indicators , brokers and other and working on that.
Stay green.

Tuesday update.

I have entered GU and Gold as i previously stated yesterday that i will have orders on these two pairs and here are the entries.



GA has a trailing stop in place and expecting it to close quite soon.


G/Chf as you might remember was a smaller lot size entry which also has now a trailing stop.


Not much going on in the market right now and last two orders should bring a merely 0.15% for today.

Expecting a relaxed market for the rest of the day with only CB news coming in 45 minutes and nothing later on.
A few bank holidays are scheduled for tomorrow and keeping an eye for Oil and BOC , but apart from that nothing major.
Fighting a cold right now and expecting the next video to come in few days but will update here entries, exits and thoughts.

Stay green.

After the boring Wednesday we have finally some action.
Looking to enter silver long at the end of current candle.


Eur news moved a few pairs and currently holding two positions on EU, also because of the reverse now E/Nzd is looking much better.


Yesterday was quiet and these are the last positions that i closed.


I said last week that DD will go up and that time is here. Registered max 1.64% DD with currently @1.4 % having growth 1.4% also.

Expecting to have next video ready tomorrow 27th of april and until than...
Stay green.

Two weeks have passed and i've almost reached the monthly goal.
The goal was somewhere between 2-3% growth with a max 5-6% draw down at any given time.

Gold.
Upside movement might resume soon and looking at 1300 level to hold.


Chf.
I've talked about chf in the past and it's currently the worst position i am holding.
The strong resistance at 1.0000 should hold but time will tell. Scanning for chf news through the week and price action.
Currently no signal to get out of those trades but if that will come, i will take a loss and continue trading.
So far.. no losses have occurred and 1.91% growth already with max dd registered at the moment of taking the pictures.


Stay green.

Update

Project started 18th of April and i'm 7 days away from a full month.
With the strong economical news coming from US and GBP the trading was full of events.
Best traded pairs were Silver and Gold with worst one being Chf where positions have been open for 3 weeks now and still no sign on taking profits but no sign in taking a loss either.

Today 11th of may the account is standing on 3.14% growth maintaining the dd under limits.
For transparency i've left profit tracker on chart.


Entries and exits have been marked on chart, started sell order last night and closed longs on silver.

Stop loss.
The first one came on eur/chf where we banked a few $ but the trades were closed due to a reverse signal displayed.Check position 8-9 from bottom.


Final thoughts.

Looking to bank another .5 - 1% by 18th of May and more important, looking to lower the dd on account.
Smaller position size could be applied with the start of new orders and working on optimizing a bit more the entry/exit although the core of the system remains unchanged.
In theoretical case where dd would go over the max set allowed, the positions would continue but more severe money management will be used until that is back to normal or what i consider normal for trading.

Keep it green!

Monday 14th of May.
En bringing 250 pip for a nice week start and expecting to cash on ej/gj/eu/gcad .
Position closed and sell order shot.

Project currently paused due to DD going outside of range.
On 18th i recorder 4.16% growth and DD was max 7.87%. Currently sitting on 5.5% DD
Adjustment needs to be made to entry logic/exit, money management, entry selection /pairs.
One word... Optimization.

Started working on silver and next will be gold
In the mean time i am working or closing down the draw down, and there are 12 more charts/pairs to solve before applying new things.
Be Right Back.