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DOC Strategy - Set and Forget!

  • #41
  • Sep 23, 2008 8:21pm Sep 23, 2008 8:21pm
Pairs Update (for 23rd of September 2008)
GBP/JPY: (No trade today)
WIN: 0
LOSE: 0
Total Pips: 0

EUR/JPY: (Still running since yesterday)
WIN: 0
LOSE: 0
Total Pips: 0

GBP/USD:
WIN: 1
LOSE: 0
Total Pips: 60

EUR/USD:
WIN: 1
LOSE: 0
Total Pips: 55

For the 24th of September 2008, I missed the entry level, so no trades for the time being
  • #42
  • Sep 23, 2008 8:34pm Sep 23, 2008 8:34pm
Pairs Update (for 23rd of September 2008)
GBP/JPY: (No trade)
WIN: 0
LOSE: 0
Total Pips: 0

EUR/JPY: (Still running since yesterday)
WIN: 0
LOSE: 0
Total Pips: 0

GBP/USD:
WIN: 1
LOSE: 0
Total Pips: 60

EUR/USD:
WIN: 1
LOSE: 0
Total Pips: 55

Total pips for 23rd of September 2008: 115

Total pips last week (Tuesday, 16th to Friday, 19th 2008): 741 pips
Total pips since 16th of September 2008: 1224 pips
Total pips this month (September 2008): 1224 pips

Note: there was no trading on the 17th.

Pairs Update (from 16th to 23rd of September 2008)
GBP/JPY:
WIN: 4
LOSE: 0
Total Pips: 396

EUR/JPY:
WIN: 4
LOSE: 0
Total Pips: 381

GBP/USD:
WIN: 4
LOSE: 1
Total Pips: 224

EUR/USD:
WIN: 4
LOSE: 1
Total Pips: 223

Total pips for all pairs = 1224 pips (still one pair is running)
  • #43
  • Sep 23, 2008 8:44pm Sep 23, 2008 8:44pm
Open Positions for 24th of September 2008:
GBP/JPY
No trade for today again
EUR/JPY
PENDING SELL ORDER @ 155.00 TP: 154.50 SL: 156.27
GBP/USD
No trade for today
EUR/USD
PENDING SELL ORDER @ 1.4700 TP: 1.4650 SL: 1.4824

N.B. Both pending orders to be cancelled if target was reached before they are triggered.
  • #44
  • Sep 23, 2008 8:46pm Sep 23, 2008 8:46pm
Open Positions for 24th of September 2008:
GBP/JPY
No trade for today again
EUR/JPY (Triggered)
SELL @ 155.00 TP: 154.50 SL: 156.27
GBP/USD
No trade for today
EUR/USD
PENDING SELL ORDER@ 1.4700 TP: 1.4650 SL: 1.4824
  • #45
  • Sep 23, 2008 8:56pm Sep 23, 2008 8:56pm
Quoting pino2
Open Positions for 24th of September 2008:
GBP/JPY
No trade for today again
EUR/JPY (Triggered)
SELL @ 155.00 TP: 154.50 SL: 156.27
GBP/USD
No trade for today
EUR/USD
PENDING SELL ORDER@ 1.4700 TP: 1.4650 SL: 1.4824
Based on AlpariUK-Demo, EUR/USD should have been triggered @0:00GMT? 1.4708
  • #46
  • Sep 23, 2008 9:02pm Sep 23, 2008 9:02pm
Quoting suwuming
Based on AlpariUK-Demo, EUR/USD should have been triggered @0:00GMT? 1.4708
Yes you are correct EUR/USD reached here on FXCM a daily high of 1.4706, but as I mentioned I was sleeping this time so couldn't catch it, and it didn't reach it since I woke up, so I placed a pending sell order @ 1.4700 trying to catch it this time, will be cancelled if the target is reached before it is activated.
  • #47
  • Sep 23, 2008 9:16pm Sep 23, 2008 9:16pm
Open Positions for 24th of September 2008:

GBP/JPY
No trade for today again

EUR/JPY
SELL @ 155.00 TP: 154.50 SL: 156.27
BUY @ 155.81 TP: 156.38 SL: 153.79 (Running since yesterday)

GBP/USD
No trade for today

EUR/USD
PENDING SELL ORDER@ 1.4700 TP: 1.4650 SL: 1.4824
  • #48
  • Sep 24, 2008 12:52am Sep 24, 2008 12:52am
Quoting pino2
Open Positions for 24th of September 2008:

GBP/JPY
No trade for today again

EUR/JPY
SELL @ 155.00 TP: 154.50 SL: 156.27
BUY @ 155.81 TP: 156.38 SL: 153.79 (Running since yesterday)

GBP/USD
No trade for today

EUR/USD
PENDING SELL ORDER@ 1.4700 TP: 1.4650 SL: 1.4824

EUR/USD should be cancelled since 1.4650 has been penetrated.
  • #49
  • Sep 24, 2008 1:24am Sep 24, 2008 1:24am
Quoting suwuming
EUR/USD should be cancelled since 1.4650 has been penetrated.
Yes it is cancelled.
  • #50
  • Sep 24, 2008 1:35am Sep 24, 2008 1:35am
The thread is moved to journal trading!!
This will be my last post on the DOC strategy thread, thanks to everyone for contribution and for showing help.
  • #51
  • Sep 24, 2008 2:02am Sep 24, 2008 2:02am
Quoting pino2
The thread is moved to journal trading!!
This will be my last post on the DOC strategy thread, thanks to everyone for contribution and for showing help.
do you know why you're moved to journal trading?
it's because you just post our result, not the system.

try to post your system now, don't just post your result.
even it's not perfect, you may post it, maybe we can improve or make change to the system in order to make it near perfect.
  • #52
  • Sep 24, 2008 2:04am Sep 24, 2008 2:04am
Suwuming maybe it is like you saying but on the otherside remember the trend is not pino2īs friend so he sells when the last candle is up.


pino2 is it possible to have your strategy on 4h or 1h instead of daily bars and that way tighten up the stoploss ?


best regards
  • #53
  • Sep 24, 2008 2:08am Sep 24, 2008 2:08am
pino2 pls dont do that pls stay with us i know alot of people follow your thread including me and would be verry sad if you left please please stay and maybe it is time to post the strategy.


best regards
  • #54
  • Sep 24, 2008 3:18am Sep 24, 2008 3:18am
Based on those trades posted, if the previous bar was up, he placed an up order. In a trend market, it certainly works, though the profit will limited due to tight profit target.

The problem is: most of the time profit/risk ratio was 1:5 even higher, i.e, you need to win 5 of 6 for break even. I am still curious how it survive during range market, such as GBPUSD in Oct 2007.

Cheers,
Simon
  • #55
  • Sep 24, 2008 4:44am Sep 24, 2008 4:44am
mayvbe it has to move some pips before he placed the orders like in on of his other threads there it should move 30 pips before he entered.


best regards
  • #56
  • Sep 24, 2008 7:30am Sep 24, 2008 7:30am
When will you usually post the numbers for that day or the next?
  • #57
  • Sep 24, 2008 10:14am Sep 24, 2008 10:14am
I see couple of thread in forum "trading system" without any system, just results. Every time author of the thread ends with posting because he or she was angry, without no reason. Post your system and we will help you with testing etc. You have not reason be angry, post your system and admin will move your topic at "trading system" forums.
  • #58
  • Sep 24, 2008 12:10pm Sep 24, 2008 12:10pm
Quoting FX boxer
I see couple of thread in forum "trading system" without any system, just results. Every time author of the thread ends with posting because he or she was angry, without no reason. Post your system and we will help you with testing etc. You have not reason be angry, post your system and admin will move your topic at "trading system" forums.
I won't hide it, yes I'm angry, I didn't say that I won't post my strategy, I said I won't post it for the time being till I finalize it, but on the otherside I kept on sharing my daily trades with all of you, showing exact entry levels and exact pips gained, I've learnt from many of you here on FF, I'm not a newbie, I've been trading forex since years, and this is not my first strategy, I've too many strategies, and I guess many of you know them, and knows that I didn't hide them, we are here to share info with each other, not to hide it, but I'm really disapointed from moving my thread, so as the admins here have the right to move the threads from forum to another, I have the right to stop posting as well, but I thought about this, and I came up to a decision that I will keep on posting here only coz of the members here whom I really respect, and for anyone who wants to follow my daily trades, he/she has the right either to try it on demo or live account but at his/her own risk.
  • #59
  • Sep 24, 2008 12:17pm Sep 24, 2008 12:17pm
thanks pino2
for come back.. i am really happy..
Never sell @ lower upward channel unless breacked and vise versa .
  • #60
  • Sep 24, 2008 12:25pm Sep 24, 2008 12:25pm
Ok, thats fair. I have one big forum (its not about FX), every forum have rules, if ten people open topic, in this chase topic about systems without system in topic, topic must be locket or move in right forum.

You have great results, and everybody is interest in your system, thats normal

Im professional trader, and I have my system too (my system bring me less pips then your...), I will open theard about it when I wrote it. For now its in my head

best regards
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