Well, it looks like the Swissy fell out on me too.
Some will, some won't...... Next.
Some will, some won't...... Next.
EOD -1 day hold 213 replies
Easy Stress-Free EOD Trading 21 replies
EOD System 19 replies
Best EOD strategy 5 replies
The meaning of EOD? 3 replies
DislikedHi Monk.
I am presently risking 3% on each open position, and no more than 9% total.
Here is the way I calculate the lot size:
(Acct bal x percent risk)
(pips risk x 10)
= number of lots
Example of finding lot size for a trade:
Account balance: $14500
Percent of account to risk per trade: 3%
Pips risk to stop: 420
(14500 x .03)
(420 x 10)
= 0.103 lots
[left]Rounded off to the lowest whole...Ignored
DislikedYes law
Agree this eod system like most eod system is designed to build finds up over a longer term..hence do not look at weekly results more 3monthly results..
I look at a 3-5year plan for eod systems
PaulusIgnored
DislikedThere are quite a few signals showing right now and some large candles. Anybody going to take any of the trades? LynnIgnored
DislikedThere are quite a few signals showing right now and some large candles. Anybody going to take any of the trades? LynnIgnored
.... Hit TP on GBP/JPY, GBP/USD, and GBP/CHF so far today. ....
.DislikedHi Bakuli.
Quite rude of me to answer ahead of Paulus, but I'll answer you first and he may kick my butt later.
They were all valid trades. You are correct.
On the U/J -- it had ticked down at the close of the signal candle just like the others.
Interesting to see what happened on the G/J. It has basically dropped like a rock since the open. That's why we need to enter at the open of the candle after the signal candle. I won't happen like this one very often; in fact sometimes it works out in your favor to wait for a few...Ignored