Mister ED's HA trading journal

Thank you for your candid answer, Mr. Ed.

GBPJPY 16:00
not taken due to optimisation and its the first winning trade on this pair in nearly 2 weeks!!

GBPUSD 20:00 TP 60
Closed TP1 for +60 with TP2 trailing at -8 for total of +52 pips at this stage

EURJPY 16:00 TP 49
Immediate reversal and closed for -98 pips

EURUSD 12:00 TP 53
Ongoing but looks like could be a loser, came within 2 pips of immediate winner!!

USDCAD 12:00
not taken due to optimisation

20:00 TP 50
Ongoing but heading in right direction

EURGBP 16:00
No trade as candle too large

AUDUSD
no trade

AUDJPY
no trade

NZDUSD
I am not entering these trades now as I am looking to alter the optimisation as the Kiwi seems to only be good on Monday and Friday. I will update the optimisation sheet this weekend but until then be cautious

USDJPY 20:00 TP 26
slow going but not looking good, fairly strong down trend

Gold
no trades

So still mixed trades at the moment. I think that the rest of the week may be clearer but would still advise caution at the moment.

All the best
Mister ED

Ouch! that EY reversal was really painful!!

Thanks Me ED for your ongoing help!!

EURJPY 8:00
no trade due to optimisation

EURUSD 8:00
no trade due to optimisation

NZDUSD 0:00 TP 36
Hit TP1 for 36 and trailed TP2 for 51 pips for a total of +87 pips

USDJPY 4:00 TP 26
Hit TP1 for 26 pips and TP2 for 5 for total +31 pips

Gold 12:00 TP 66
Hit TP1 for 66 then immediate retrace for TP2 -14 for total +52 pips

Slogging it out for pips today, still no real trends so things get shut out quickly.

All the best,
Mister ED

Gold 0:00 TP 64
retraced with a spike for a loss of -128 pips

16:00 TP 68
Hit TP1 immediately for +69 pips and now trailing for +60 pips for current total of +129 pips

Some of the other trades are still going as some large trends have appeared , unfortunately missed out with AUD and EURGBP moves. Still that's life.

Slowly making those pips back, but I have a feeling that this week will bring us back to break even.

All the best,
Mister ED

GBPJPY
Nov 23 16:00 TP65
reversal for loss of -130 pips

Nov 24 4:00 TP 65
Hit TP1 for +65 closed TP2 at +16 for total + 81 pips
Frustrating that there are spikes so near the start of the trades and this causes them to close so soon, and then things continue further.

GBPUSD
Nov 23 16:00 TP62
reversal for loss of -124 pips

Nov 24 4:00 TP 59
Hit TP1 for +59 then closed TP2 at -3 for total of +56 pips

EURJPY
Nov 23 8:00 TP 54
looked like hitting TP then reversed for loss of -108 pips

USDCAD
Nov 23 12:00 TP 49
Loss of -98 pips

AUDUSD
Nov 23 8:00 TP 52
loss of -104 pips

AUDJPY
Nov 23 4:00 TP 55
Loss of -110 pips

USDJPY
Nov 24 4:00 TP 26
Hit TP1 for +26 pips then trailing TP2, currently +55 pips for current total of 81 pips

Still very up and down at moment. I feel that the system is out of whack with the current rhythm of the market and therefore we are getting the signals and things don't pan out. Monday which has been a good day traditionally has recently not been very nice at all (-526, -358, -152).
Maybe my optimism about recovering things for November has been misplaced.

Last year had 2 really bad weeks in November (-2050 and -1005) but these wer tempered by 2 good weeks (+3843 and +3314). It seems that this year will not have the recovery weeks. maybe this is the first month in 2 years that the system records a loss.

Still December is nearly here and this may give some trends. Also the start of the year is often nice so I feel that things may improve over the next few months.

All the best
Mister ED

GBPJPY
No trades

GBPUSD
no trades

EURJPY
no trades

EURUSD
Nov 26 20:00 TP 46
Hit TP1 trailing TP2 at breakeven so far for total +46pips

USDCAD
Nov 26 16:00 TP 45
still ongoing

EURGBP
Nov 25 8:00 TP 25
Hit SL for loss of -50 pips

Nov 25 16:00 TP 26
Hit TP1 for +26 pips and trailing TP2 for +49 pips for a total of +75 pips so far

AUDUSD
Nov 26 8:00 TP 47
Hit TP1 for +47 pips and trailing TP 2 for +5 pips for total of +52 pips so far (big pips to come)

AUDJPY
No trades

NZDUSD
Nov 25 12:00 TP 46
Hit SL for loss of -92 pips

Nov 26 4:00 TP 43
Hit TP1 for +43 pips and trailing TP2 for +35 so far for total +78 pips (more to come)

USDJPY
no new trade but still running with the trade from the 24th for +220 pips with over a 100 pips still on the table!

Gold
no new trades

So some big moves happening, some of which were missed by the optimisation but others were caught. Still could possibly claw it back to break even at the end of the month.

All the best,
Mister ED

No trades on any pairs thank goodness!

Quite a crazy day, will see what Monday holds.

Mister ED

I was almost back to break even before today's (Monday) trades. Today brought me nine (9) losses in a row blowing my chances of a break even month. I am now down 887 pips for the month.

Hi Wrenski

Yes today was one of the disaster days. Personally I didn't trade today as I was concerned about the events on Friday and the fact that it was the last day of the month. I know these are subjective decisions but I have learnt that the signals come around frequently enough that you can decide to ignore some if you want. Something in my water just said not to trade today.

However as this is meant to be a mechanical system I will still include all todays trades in the stats, despite not having traded them. It's a pity as we were just clawing back to break even and now that is well and truely shot.

All the best
Mister ED

My water is still a bit muddy when it comes to making the right decision on what days to trade and which days to sit it out.

W.

Mr Ed,
You have a good and robust system. Keep the faith, and don't worry about a few weeks of drawdown. Even if Nov 2009 is a loss, this is hardly a big deal compared to the system's performance overall. If anything, you need to look at this as a good test of robustness during market changes.

The end of the year is always rough to trade. The big banks and many prof traders wrap up their books this month, and trading gets very thin the last two weeks of December. We'll come roaring back in January.

Where is Mr. Ed? He hasn't updated his journal lately. Also I want to see the final results for November.

Hi Wrenski

I have decided that I will just post the trades at the end of the week rather than every night. There just isn't enough time to keep up with things!

Last month just broke 410 pips on the Monday. Very up and down but was saved by the EURJPY that is still going (see below) and the AUDJPY big trend.

My feeling is this month will be better but I am reducing my risk to 2% per trade for this month. I feel that the big trends will start again in January when people decide where things are going.

GBPJPY
no trades all week due to optimisation

GBPUSD
30 Nov
4:00 TP 84
never got going, closed for loss of -168 pips

16:00 TP 86
immediate reversal for loss of -172 pips

1Dec
12:00 TP 91
closed TP1 for +91 pips and trailed TP2 for +51 pips for total of +142 pips

3Dec
20:00 TP 62
Initially looked good but then a double reversal after NFP for a loss of -124 pips

EURJPY
30Nov
4:00 TP 93
Hit TP1 for+93 pips and the trailed TP2 using the top of the HA bar for +340 and still going! This trade ended up being hedged because anther reversing signal came 2 bars later. Because the low was close to my original SL at 128.90 and this was below a .00 level I decided to let things run and it paid off big time even after the cost of the hedging.

12:00 TP 100
Looked like may have hit TP1 but reversed so closed for a loss of -100 pips

EURUSD
30 Nov
4:00 TP 62
closed for loss of -124 pips

no other trades taken

USDCAD
30 Nov
4:00 TP 57
Hit TP1 for +57 pips and trailed TP2 for +84 pips for total +141 pips

4 Dec
16:00 TP 47
immediate reversal for loss of -94 pips

EURGBP
1Dec
16:00 TP 32
hot TP1 for +32 pips and closed TP2 for +16 pips for total of +48 pips

3Dec
16:00 TP 28
never got going, closed for a loss of -56 pips

4Dec
12:00 TP 27
Hit TP1 for +27 pips and still running TP2 (currently -27 pips) so neutral trade

AUDUSD
30 Nov
4:00 TP 63
Hit TP1 for +63 pips then trailed TP2 for +97 pips for total of +160 pips

no other trades due to optimisation

AUDJPY
30 Nov
4:00 TP 74
Hit TP1 for +74 then trailed TP2 for 231 off the top of the HA bars for total of +305 pips. Hedged with the 16:00 trade

16:00 TP78
immediate retrace for loss of -156 pips

NZDUSD
30 Nov
4:00 TP 55
closed for -110 pips

20:00 TP 56 pips
closed for -112 pips
No other trades due to optimisation

USDJPY
1Dec TP 60
closed for immediate loss of -120 pips

no other trades and managed to miss the whole of this massive move!!!!!

Gold
no trades, large candle and lots of volatility

So some sweet trades and quite a number of missed trades. 2 trades that paid off by hedging. Not an easy time to trade with the system but it has still kept going.

All the best and see you next week,

Mister ED

Thank you, Sir.

What are your current optimized settings?

Hi Wade

Still trading the same settings as originally. Although I will probably loose NZDUSD in the New year.

Mister ED

GBPJPY
8 Dec
0:00 SL 79
Hit TP1 for +79 and trailed TP2 for +260 pips for total of +339 pips

11 Dec
4:00 SL 95
closed for loss of -190 pips

GBPUSD
16:00 SL 72
ongoing

EURJPY
7 Dec
16:00 SL 67
Hit TP1 for +67 and trailed TP2 for +252 pips for total of +319 pips

11 Dec
0:00 SL 77
Closed for -154 pips

EURUSD
11 DEC
12:00 SL 54
Closed for -108 pips

USDCAD
7 Dec
20:00 SL 57
Closed for -114 pips

8 Dec
16:00 SL 63
Closed for -126 pips

9 Dec
20:00 SL 60
Hit TP1 for +60 pips and trailed TP2 for +15 pips for total of +75 pips

EURGBP
8 Dec
12:00 SL 28
Closed for -56 pips

9 Dec
12:00 SL 31
Closed for -62 pips

10 Dec
8:00 SL 32
Hit TP1 for +32 pips and trailed TP2 for +11 so far for +43 pips so far

AUDUSD
no trades

AUDJPY
7 Dec
20:00 SL 58
hit TP1 for +58 and trailed TP2 for +145 pips and closed for +203 pips

NZDUSD
no trades

USDJPY
8 Dec
4:00 SL 42
Hit TP1 for +42 pips and trailed TP2 for +58 pips for total of +100 pips

10 Dec
20:00 SL 47
Hit TP1 for +47 pips and trailed TP2 for +50 for total of +97 pips

Gold
no trades luckily as far too volatile

Total of -186 pips for the week with 2 trades still running. Friday was not good but that is the way things go.

All the best
Mister ED