EUR/JPY journal

well this is the same as yours with a filter added just for Shi** and giggles. I just couldn't wait on you to test and release your version.
No Patience lol

good to see a win today..

Another win today

Entry (short) at 135.69
Lots: 0.18
First half closed at 135.23 (+$4.36)
Second half closed at 134.61 (+$10.25)

Summary:
Breakout of the low of the 23:00GMT candle occurred at 01:09GMT. Initial stop was set at 100-pips. Continued in our direction and took out the +50 target at 02:15GMT - half was closed, and the 100-pip trail kicked in. Continued to move, taking out the +100 target during the 06:00GMT candle, and ultimately getting down as low as 134.06 during the 07:00GMT candle. The 50-pip trail was activated when the +100 target was reached, and price reversed during the 08:00GMT candle, hitting the stop at 134.61 at 08:15GMT.

Account Status
Starting Balance: $929.46
Today's P/L: +$14.61 (+1.61%)
Current Balance: $924.29 (-0.56%)

Finally got my ea up and running. Made same trade as u. Start with a winner. Also testing on gj. Won on it too. Backtest shows more profit and same DD as ej but u know how backtests go.

Today, we lose.

Entry (short) at 136.38
Lots: 0.18
Closed (SL) at 137.43

Summary:
Breakout of the low of the 00:00GMT candle occurred at 01:39GMT. Initial stop was set at 100-pips. Soon afterward, price reversed and continued to climb to take out the 100-pip SL at 08:00

Account Status
Starting Balance: $929.46
Today's P/L: -$19.60 (-2.12%)
Current Balance: $904.69 (-2.66%)

Some good work been done here,

Moxie

We end the week with a nice win. And we almost didn't get in. Our trade entered at 02:57GMT, 3 minutes before we hit the "no trade" time.

Entry (short) at 135.94
Lots: 0.18
First half closed at 135.47 (+$4.45)
Second half closed at 134.57 (+$13.04)

Summary:
Breakout of the low of the 00:00GMT candle occurred at 02:57GMT. Initial stop was set at 100-pips. Continued in our direction and took out the +50 target at 07:36GMT - half was closed, and the 100-pip trail kicked in. Continued to move, taking out the +100 target during the 13:00GMT candle, and activating the 50-pip trail. Ultimately price got as low as 134.38 during the 14:00GMT candle. Trade was closed, per the rules, at 15:00GMT.

Account Status
Starting Balance: $929.46
Today's P/L: +$17.49 (+1.93%)
Current Balance: $922.18 (-0.78%)

just a little tid bit here. backtesting shows that initial stop of 100 and second stop of 200 works out much better with a sl of 50

While watching this thing backtest? if it goes against us by 50; 9 times out of 10 it goes on to stop out at 100 so im going to use 50 sl.

I am risking 2% also but using above tp and stops. stops move just as yours

made 4.6144%

Just something to think about

We start the week with a win, and are back in the black for the month.

Entry (short) at 133.82
Lots: 0.18
First half closed at 133.36 (+$4.39)
Second half closed at 133.17 (+$6.14)

Summary:
Breakout of the low of the 00:00GMT candle occurred at 01:05GMT. Initial stop was set at 100-pips. After being range-bound for a while, we finally took out the +50 target at 08:08GMT - half was closed, and the 100-pip trail kicked in. Continued going our way, and during the 11:00GMT candle, the +100 target was hit. The 50-pip trail kicked in. At the open of the 12:00GMT candle, the high of the 11:00GMT candle was closer than 50-pips from the current price, so the SL was moved to the high of the 11:00GMT candle, which was then hit at 12:30GMT.

Account Status
Starting Balance: $929.46
Today's P/L: +$10.53 (+1.14%)
Current Balance: $932.71 (+0.35%)

Smaller win today, but a win is a win...

Entry (short) at 133.86
Lots: 0.18
First half closed at 133.37 (+$4.75)
Second half closed at 133.75 (-$1.12)

Summary:
Breakout of the high of the 00:00GMT candle occurred at 01:24GMT. Initial stop was set at 100-pips. After a slight reversal, we started to move back in the right direction and took out the +50 target at 07:08GMT - half was closed, and the 100-pip trail kicked in. Climbed for a little while, reaching a high of 134.78, and then a sharp reversal to take out the 100-pip trail at 133.75 at 12:30GMT.

Account Status
Starting Balance: $929.46
Today's P/L: +$3.63 (+0.39%)
Current Balance: $936.34 (+0.74%)

Four in a row...

Entry (short) at 133.92
Lots: 0.18
First half closed at 133.45 (+$4.48)
Second half closed at 133.09 (+$7.91)

Summary:
Breakout of the low of the 23:00GMT candle occurred at 01:07GMT. Initial stop was set at 100-pips. Another slight reversal after entry, but then price moved our way. +50 target was hit at 05:30GMT - half was closed, and the 100-pip trail kicked in. Continued our way, hitting the +100 target during the 06:00GMT candle, and kicking in the 50-pip trailing stop. When the 08:00GMT candle opened, the high of the 07:00GMT candle was closer than 50-pips away, and the stop was therefore adjusted to 133.090, and subsequently taken out at 08:24GMT.

Account Status
Starting Balance: $929.46
Today's P/L: +$12.39 (+1.32%)
Current Balance: $948.73 (+2.07%)

Still checking in every day cgrey, well done for keeping the journel going.

Thanks - I find it very helpful to be able to refer back - especially to the summary. It's easy enough to track all this in a spreadsheet (which is what I usually do when testing a new system), but I find looking at the charts and reading the summary really adds insight when you look back several months later.

I just may use this "tool" (journal here at FF) for future systems I test.

Jury's still out on this one in particular... A little more than halfway through the month, and a little less than halfway to my 5% target. We'll see where we are after three full months...

One of those boring days...

Entry (long) at 134.30
Lots: 0.18
Both halves closed at 134.26

Summary:
Breakout of the high of the 00:00GMT candle occurred at 01:44GMT. Initial stop was set at 100-pips. Price was stuck in a range for a while. Went against us by about 90-pips at one point, risking our 100-pip SL. Reversed after that, and ended up closing right back where we started at 15:00GMT per our rules for a 4-pip loss.

Account Status
Starting Balance: $929.46
Today's P/L: -$0.76 (-0.08%)
Current Balance: $947.97 (+1.99%)

The week ends with a win, making 4 out of 5 for the week (and yesterday's loser was insignificant). Pretty pleased so far, hitting a little better than 70% winners since the first of the month. Considering this is running as an EA, the "work" has been practically nothing. I'm spending more time on the journal posts than "running" this system

Entry (short) at 133.86
Lots: 0.18
First half closed at 133.39 (+$4.52)
Second half closed at 133.93 (-$0.67)

Summary:
Breakout of the low of the 00:00GMT candle occurred at 01:00GMT. Initial stop was set at 100-pips. Almost a straight down ride to take out the +50 target at 03:26. 100-pip trail kicked in. Continued moving, coming soooo close (within 2-pips) but not quite far enough to get to the +100 target. Then, a reversal, and a move just as strong in the opposite direction took out the stop at 07:05GMT.

Account Status
Starting Balance: $929.46
Today's P/L: +$5.19 (0.55%)
Current Balance: $953.16 (+2.55%)

just a little shot of what this ea can do -- and this is on live account!!!! Thanks for the idea. i am using 3 pairs with 2 diff time settings.

Great results jtmoore.

All credit should go to the person who posted the system originally referenced in the first post.

It should be interesting to see how the rest of the month plays out. For me, so far this month, my average daily ROI has been 0.2%. That works out to about a 4% gain for the month when extended. 6 trading days left in August, and 2.45% left to go (to hit my 5% goal). Need to average 0.41% per day for the remaining days - or twice as much as I've averaged so far this month. Going to need to be near-perfect next week.

well im trading all 3 pairs at 2% each. on a very small live account (testing live account) much more real if it is live even if very small account

right now im up 11.68% with 527pips in the small live account

im demoing with some different settings and it is up 16.69 % with 871 pips

not bad for half a month. and that is just it. it is only half a month. further testing def needed. this could just be a flook. will keep forward test up. im hoping though that volitility will pick back up in September with everyone coming back from vacation Maybe this will help out the breakout sort of strats

Even if you have your 2-3% a month gain. that is great. try getting 2%/month at a bank. they will laugh you out the door!!!!

lets keep it up!

One of those boring days where there wasn't a whole lot of price movement. Overall, a small loss...

Entry (long) at 135.96
Lots: 0.19
Both halves closed at 135.83


Summary:
Breakout of the high of the 00:00GMT candle occurred at 01:16GMT.Price mostly stayed within a range, and closed at 15:00 without ever hitting any targets or SL.

Account Status
Starting Balance: $929.46
Today's P/L: -$2.50(0.26%)
Current Balance: $950.66 (+2.28%)

No trade today. For some reason (still investigating) my EA didn't open a short trade as it should have.

Account Status
Starting Balance: $929.46
Today's P/L: $0(0.00%)
Current Balance: $950.66 (+2.28%)