{quote} Yes it appears my back testing was better than my forward testing. Although I was averaging 900pips per week we are far behind seeing its Thursday. It does appear a nice trade comes up and does change direction. I wont give up I will keep testing and see where I end up.
as you can see you had 2 entry sell signal .
for signal 1 : you had two ways for open your trade, a) open two trade in half size b)open one trade full size
a) : if you opened 2 order you should close one of them when tp1 hit and other one make break even . in this case you could be in profit . also TIPS1 told us when candles goes out it will get back inside,so dont risk.
b) if you opened one trade,when 60% or at least tp1 hit,you should make your trade break even. in this case you would 0 loss.
for signal 2 : first of all you saw before candles was out and its trying to get back inside,so signal 2 was risky and also it was near trend bands. if you are a trader you should know 50% of moves of market is based on fundamental news,on that day when candles get back sharply inside bands,that was because of Britain Brexit news,so we know that market will move sharply because of news so why we risk out money of this kind of event?
the most important part of a trade is to manage that trade. we don't open a trade and forget it. i hope everyone understood how to manage their trade.
EDIT : i saw your GBPAUD had stop loss too,why?? it hit tp2 . i saw you had stop loss on USDCAD ,for what reason you hit stop loss on USDCAD ? for AUDNZD i dont leave any comment because i dont even look at that pair .
my bad... I didn't have any cad pairs open. Thanks
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