.: FXTradepro EA Testing :.

http://www.whylose.com/fxt/fxt3.bmp

Dan's journal is here. The strategy in detail is here. My live statement is here. My settings, lots and entry are different to Dan's so we'll have different results. This journal will continue for the one month EA trial or until the account blows up. I believe it won't but, to a large extent, it depends on my initial manual entries anyway. The EA settings for me are below. I'll post once a day with the final results.

The FXTradepro EA is, at the time of post on Level 2 0.02 long open for $6.40. Level 1 missed the TP by 2 pips. The statement is updated automatically every 5 minutes.

http://www.whylose.com/fxt/settings.bmp

I see you just dropped in. How's life?

Closed at Level 2 TP for a net profit of $9
http://www.whylose.com/fxt/fxt4.bmp

C'est la vie. It's all in the statement and settings unchanged. The statement now only reflects trades for this EA. Results here later on sequence completion.

Hello John and All Members Reading This Journal......

I think, John, that you should point out that you are Trading with my FXTradepro LUCKY 7 EA using YOUR OWN Entry Criteria to start a Sequence Of Trades.

I just want people to understand that while you are using my EA - you are NOT using my Strategy. Everyone should be reminded that the EA is merely a TOOL that aids in my method of Progression Sequence Trading and is in no way the entire Strategy that I employ in the Market.

I look forward to seeing your results John....

GOOD TRADING !

Dan

It's in the first post above Dan. But I'm happy to repeat it. Currently Level 4 long from 1.5529. Last 1.5553. Any more thoughts on auto publishing your statement like mine mate?

Loss $41. Waiting for another entry.

Short at 1.5458 Level 1.

Screwed it because the spread threshold was above 6. Loss of $2.60 and the EA stopped. Fair enough. Those are the settings. Back in short again Level 1 from 1.5439.

It's all here. And a nice graph!

Cumulative loss to date $13.

More in 12 hours with better entries I trust. The reasons for entry will be posted as well from tomorrow.

http://www.tradingcentral.com/chart/...0513154223.GIF

During the Asian session we've stayed above the pivot of 1.543 and the trade sequence commences long at 1.5445 positions aiming for 1.5525.

The risk is below 1.543 for further downside to 1.5395. But a rising trend line does maintain a bullish bias. You can watch all trades updated live every 5 minutes here and see how the trade sequence develops.

Level 1 Entry 1.5445 Last 1.5452.

Good thanks - and you - are you still hanging out in the Med - a couple of islands away from me?

I'll read thru this thread and catch up with what your doing....http://www.forexfactory.com/images/icons/icon7.gif

Malta that is. I'm off to France in a couple of weeks then back here and off again to UK - passing through - to go to Thailand. Business mainly. Great to see you.

The promising long got stuffed and 2 pips slipped as well on the close so now short. C'est la vie.

It's all here. And a nice graph!

Cumulative loss to date $53.50.

More in my afternoon with a better entry I hope :blushing:. The reasons for entry will be posted as well.

So now the pivot is 1.5000 and I'm Level 1 long from 1.5462. From here this would, IMO, be a perfect entry for volatility. I'm banking long but the daily RSI is bearish. However, the bullish channel is in place since August & the 1.50 key level maintains a MT bullish bias.

There is limited downside.

Key levels Comment

1.6400 Fib projection
1.6200 Fib projection
1.6000 Previous high
1.5000 Pivot point
1.4690 Fib retracement (50%)
1.4500 LT rising trend line

Last 1.5472 from 1.5462 in 10 minutes. We'll see. Wish me luck. On present performance I need it!

http://www.tradingcentral.com/chart/EUR_0805141603.GIF

Good Luck.

Very kind of you mate. Level 1 still and back to break even at this time.

I saw that.

Profit! Hehe

FXTradepro

http://www.forexfactory.com/attachme...9&d=1210770053

Why Oh Why

http://www.whylose.com/fxt/fxt5.bmp

Result: A profitable sequence completed for FXTradepro completed at Level 3 and for me another losing sequence of 7. What would you have done then? Comments welcome. A bad entry from me, of course, in hindsight. But at that time? Initial entry on both charts is the first green arrow on the left - long for me and short FXTradepro. Each subsequent green arrow is then a close and reverse.