Problem sorted up and running again
Masterrmind............
Master your Mind then Master your Trades
- #621
- May 7, 2018 4:44am May 7, 2018 4:44am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
Masterrmind............
- #622
- May 8, 2018 4:45am May 8, 2018 4:45am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
EURGBP
Loss trade
-1.0%
CADCHF
Loss trade
-1.0%
GBPCAD
Loss trade
-1.0%
GBPUSD final pending order has been deleted since trigger level is about 180 pips above current price and unlikely to be activated anytime soon !
Masterrmind.............
Loss trade
-1.0%
CADCHF
Loss trade
-1.0%
GBPCAD
Loss trade
-1.0%
GBPUSD final pending order has been deleted since trigger level is about 180 pips above current price and unlikely to be activated anytime soon !
Masterrmind.............
Master your Mind then Master your Trades
- #623
- May 8, 2018 5:04am May 8, 2018 5:04am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
Summary of TS Order 3-#2-S8 (the 8th setup)
TS Order 3-#2-S8
TS1: EURUSD + GBPUSD = EURGBP
TS2: AUDCAD + EURCAD = EURAUD
TS3: GBPCAD + CADCHF = GBPCHF
8 trades opened
1 pending order [GBPUSD] did not trigger.
Total setup risk was 9% (1% risk per trade over a possible 9 entries) .
8 trades from 9 triggered so actual risk was less than maximum.
NO winners @ 0%.
8 losers @ -1.0%, -1.0%, -1.0%, -1.0%, -1.0%, -1.0%, -1.0% and -1.0%.
Net Cycle (Gain/Loss) = (0.0)% - (1.0 + 1.0 + 1.0 + 1.0 + 1.0 + 1.0 + 1.0 + 1.0)% = 0.0% - 8.0% = -8.0% (approx).
A net losing cycle of US$ 980.81 causes the account balance to decrease which now stands at $11 320.31
+13.2% gain on the account.
Note: Risk per Trade was meant to be 1.2% so the only positive to come out of it was a lower %loss than what it should have been (1.6% lower).
Masterrmind............
TS Order 3-#2-S8
TS1: EURUSD + GBPUSD = EURGBP
TS2: AUDCAD + EURCAD = EURAUD
TS3: GBPCAD + CADCHF = GBPCHF
8 trades opened
1 pending order [GBPUSD] did not trigger.
Total setup risk was 9% (1% risk per trade over a possible 9 entries) .
8 trades from 9 triggered so actual risk was less than maximum.
NO winners @ 0%.
8 losers @ -1.0%, -1.0%, -1.0%, -1.0%, -1.0%, -1.0%, -1.0% and -1.0%.
Net Cycle (Gain/Loss) = (0.0)% - (1.0 + 1.0 + 1.0 + 1.0 + 1.0 + 1.0 + 1.0 + 1.0)% = 0.0% - 8.0% = -8.0% (approx).
A net losing cycle of US$ 980.81 causes the account balance to decrease which now stands at $11 320.31
+13.2% gain on the account.
Note: Risk per Trade was meant to be 1.2% so the only positive to come out of it was a lower %loss than what it should have been (1.6% lower).
Masterrmind............
Master your Mind then Master your Trades
- #624
- May 8, 2018 6:06am May 8, 2018 6:06am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
Section 1 and Section 2 have now been completed in the MTTTM Strategy.
After 16 sets of TS Order 3 cycles the account still treads above water at a moderate 13.2% gain in Equity @ about 20% DD (demo account).
Section 3:
3. Trade (on demo) higher time frame TS Order 3's (and higher TS Order examples)
[transparent trading approach before the fact, discuss trades, discuss ways to improve strike rate]
We will now move into higher TFs but continue to trade the TS Order 3 (9 pairs but could be different from previous).
1. H1 TF
2. P = 128
3. MMPeriod = 120
4. StepBack = 0
5. Reward to Risk ratio = 4.0 : 1
6.SL set at 1.5*OctiveGap
7. Choice of pairs traded will depend on triangulated compliance and ADR to OctiveGap ratio
8. Risk per Trade after completed cycles ( step of +0.2% if net positive or step of -0.4% if net negative, risk will be halved on lower levels)
Start time will be tomorrow!
Upcoming Posts will outline reasons for symbol choice and additional information about the TS Order 3-#3-S1 setup.
Masterrmind.............
After 16 sets of TS Order 3 cycles the account still treads above water at a moderate 13.2% gain in Equity @ about 20% DD (demo account).
Section 3:
3. Trade (on demo) higher time frame TS Order 3's (and higher TS Order examples)
[transparent trading approach before the fact, discuss trades, discuss ways to improve strike rate]
We will now move into higher TFs but continue to trade the TS Order 3 (9 pairs but could be different from previous).
1. H1 TF
2. P = 128
3. MMPeriod = 120
4. StepBack = 0
5. Reward to Risk ratio = 4.0 : 1
6.SL set at 1.5*OctiveGap
7. Choice of pairs traded will depend on triangulated compliance and ADR to OctiveGap ratio
8. Risk per Trade after completed cycles ( step of +0.2% if net positive or step of -0.4% if net negative, risk will be halved on lower levels)
Start time will be tomorrow!
Upcoming Posts will outline reasons for symbol choice and additional information about the TS Order 3-#3-S1 setup.
Masterrmind.............
Master your Mind then Master your Trades
- #626
- May 8, 2018 7:08am May 8, 2018 7:08am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
Masterrmind, look to start your next setup May 9th
ps. also looking at opening a few entries on the Quad thread.
Masterrmind.............
Master your Mind then Master your Trades
- #627
- Edited 9:56am May 8, 2018 8:02am | Edited 9:56am
- Joined Jan 2015 | Status: Trader | 5,144 Posts
- #628
- May 8, 2018 5:23pm May 8, 2018 5:23pm
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
{quote} Sorry meant to say wait for the Daily close on May 9th enter trade on the 10th
Masterrmind..............
Master your Mind then Master your Trades
- #629
- May 8, 2018 10:38pm May 8, 2018 10:38pm
- Joined Jan 2015 | Status: Trader | 5,144 Posts
{quote} Is your start date suggestion meant for the next TS Order 3 ? Masterrmind..............
- #631
- May 9, 2018 5:06am May 9, 2018 5:06am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
Section 1 and Section 2 have now been completed in the MTTTM Strategy. After 16 sets of TS Order 3 cycles the account still treads above water at a moderate 13.2% gain in Equity @ about 20% DD (demo account). {image} Section 3: 3. Trade (on demo) higher time frame TS Order 3's (and higher TS Order examples) [transparent trading approach before the fact, discuss trades, discuss ways to improve strike rate] We will now move into higher TFs but continue to trade the TS Order 3 (9 pairs but could be different from previous). 1. H1 TF 2. P = 128 3. MMPeriod...
Likely to be next trading day.
I also want to spell out the trading plan for the H1 setups as they are quite different from the M15's.
More information will be posted in the earlier part of the Asian session so that we can get under way closer towards London Open.
Lets see.
Masterrmind.............
Master your Mind then Master your Trades
- #632
- May 9, 2018 6:38pm May 9, 2018 6:38pm
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
Master your Mind then Master your Trades
- #633
- Edited May 10, 2018 1:10am May 9, 2018 11:33pm | Edited May 10, 2018 1:10am
- Joined Jan 2015 | Status: Trader | 5,144 Posts
- #634
- May 10, 2018 1:14am May 10, 2018 1:14am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
{quote} Hahahah Thought they were on the Banned Indicator List !!!!!! I find the bottom one much easier on the eye {image} {image} {image}
Masterrmind.............
Master your Mind then Master your Trades
- #637
- Edited 1:46am May 10, 2018 1:35am | Edited 1:46am
- Joined Jan 2015 | Status: Trader | 5,144 Posts
- #638
- May 10, 2018 1:40am May 10, 2018 1:40am
- Joined Oct 2017 | Status: Trader | 12,472 Posts
{quote} Post 1 has now been amended to allow for Hurst Cycle discussion since they do offer a worthy contribution. Masterrmind.............
Mastermind
you are more and more my man !
