I closed down for the week. I never like being in the USA session on Friday, I dont want to be forced into the weekend holding onto trades. Two reasons:
1. If you have a bad USA session it kind of puts a damper on a good week.
2. Gaps in prices over the weekend are uncontrollable and can mess up the reentrance matrix of the EA.
I closed my two day test on my EA and it has done very well. Increased my account 5.7%. That is a two day profit of trading pennies of $170.43. Not bad. I also think at this point I could trade .02-.03 on 3000 or trade .01 on 1000 to 1500 but it really takes several weeks of testing to see that. Anyway here is my chart.
You may ask why the sudden jump in the chart. Well it works like this as the market goes in one direction it keeps making these 1 level profits so you get this nice smooth line going up at a steady angle. Then when the market reverses and the 2-5 level trades hit profit the account takes a big leap. At that point you close your trades for the day and that is where you see the slow slope back down. I restarted the EA and it started its slow slope back up again and when I saw a small profit for Friday I took it and was done for the week. This is the type of account action you will see with this EA.
1. If you have a bad USA session it kind of puts a damper on a good week.
2. Gaps in prices over the weekend are uncontrollable and can mess up the reentrance matrix of the EA.
I closed my two day test on my EA and it has done very well. Increased my account 5.7%. That is a two day profit of trading pennies of $170.43. Not bad. I also think at this point I could trade .02-.03 on 3000 or trade .01 on 1000 to 1500 but it really takes several weeks of testing to see that. Anyway here is my chart.
You may ask why the sudden jump in the chart. Well it works like this as the market goes in one direction it keeps making these 1 level profits so you get this nice smooth line going up at a steady angle. Then when the market reverses and the 2-5 level trades hit profit the account takes a big leap. At that point you close your trades for the day and that is where you see the slow slope back down. I restarted the EA and it started its slow slope back up again and when I saw a small profit for Friday I took it and was done for the week. This is the type of account action you will see with this EA.