Lets all play waddle in the mud. Not much happening so here goes. Aud election news was a dud, welcome to news trading folks. I am in lots of trades going nowhere. Sorta.
RESULTS
Cad/chf +25
chf/jpy +35
gbp/chf +25
nzd/jppy +42
nzd/usd +25
currency pair and EA for now (you can figure out if it is a buy or sell)
aud/jpy 1
aud/usd 1
eur/JPY 7
eur/usd 2 or 7
gbp/JPY 7
GBP USD 1
NZD/JPY 1
NZD/USD 1
STILL IN
aud/cad -31
aud/nzd -280 2L -25
cad/chf -41
cad/jpy -105
eur/chf -256 -51
eur/gbp -21
eur/jpy -145
eur/usd -107
gbp/cad +5
gbp/jpy -104
nzd/jpy -17
nzd/usd -186 -60
usd/cad -39
usd/jpy -7
TOTALS
total for day +152
for the week + 152
for the month + 3573
Carry over - 1470
I will divide currency pairs into four major groups based on their percentage of times they will move over 300 pips in one week. Here are the 4 groups:
1.VERY VOLATILE GROUP: THEY WILL MOVE OVER 300 PIPS IN ONE WEEK MORE THAN 75% OF THE TIME.
a. GBP/NZD, EUR/NZD, GBP/AUD, GBP/CAD, GBP/JPY
b. This group if you trade them you will want to use a reentery of 250 pips plus. This will be explained later in the 2.4.2 recovery system.
2.VOLATILE GROUP: THEY WILL MOVE OVER 300 PIPS IN ONE WEEK MORE THAN 50% OF THE TIME
a.GBP/CHF, CAD/JPY, EUR/CAD, EUR/AUD, USD/CHF, GBP/USD, EUR/JPY
b. This group if you trade them you will want to use a reentery of 200 pips.
3.MEDIUM VOLATILE GROUP: THEY WILL MOVE OVER 300 PIPS IN ONE WEEK MORE THAN 25% OF THE TIME.
a. NZD/JPY, AUD/CHF, AUD/JPY, USD/JPY, EUR/USD, NZD/CHF, CAD/CHF,
b. This group if you trade them you will want to use a reentry of 150-200 pips.
4. LOW VOLATILITY GROUP: THEY WILL MOVE OVER 300 PIPS IN ONE WEEK LESS THAN 25% OF THE TIME.
a. AUD/NZD, NZD/USD, CHF/JPY, AUD/CAD, USD/CAD, NZD/CAD, AUD/USD, EUR/CHF, EUR/GBP
b.This group if you trade them you will want to use a reentry of 150[/quote]
RESULTS
Cad/chf +25
chf/jpy +35
gbp/chf +25
nzd/jppy +42
nzd/usd +25
currency pair and EA for now (you can figure out if it is a buy or sell)
aud/jpy 1
aud/usd 1
eur/JPY 7
eur/usd 2 or 7
gbp/JPY 7
GBP USD 1
NZD/JPY 1
NZD/USD 1
STILL IN
aud/cad -31
aud/nzd -280 2L -25
cad/chf -41
cad/jpy -105
eur/chf -256 -51
eur/gbp -21
eur/jpy -145
eur/usd -107
gbp/cad +5
gbp/jpy -104
nzd/jpy -17
nzd/usd -186 -60
usd/cad -39
usd/jpy -7
TOTALS
total for day +152
for the week + 152
for the month + 3573
Carry over - 1470
I will divide currency pairs into four major groups based on their percentage of times they will move over 300 pips in one week. Here are the 4 groups:
1.VERY VOLATILE GROUP: THEY WILL MOVE OVER 300 PIPS IN ONE WEEK MORE THAN 75% OF THE TIME.
a. GBP/NZD, EUR/NZD, GBP/AUD, GBP/CAD, GBP/JPY
b. This group if you trade them you will want to use a reentery of 250 pips plus. This will be explained later in the 2.4.2 recovery system.
2.VOLATILE GROUP: THEY WILL MOVE OVER 300 PIPS IN ONE WEEK MORE THAN 50% OF THE TIME
a.GBP/CHF, CAD/JPY, EUR/CAD, EUR/AUD, USD/CHF, GBP/USD, EUR/JPY
b. This group if you trade them you will want to use a reentery of 200 pips.
3.MEDIUM VOLATILE GROUP: THEY WILL MOVE OVER 300 PIPS IN ONE WEEK MORE THAN 25% OF THE TIME.
a. NZD/JPY, AUD/CHF, AUD/JPY, USD/JPY, EUR/USD, NZD/CHF, CAD/CHF,
b. This group if you trade them you will want to use a reentry of 150-200 pips.
4. LOW VOLATILITY GROUP: THEY WILL MOVE OVER 300 PIPS IN ONE WEEK LESS THAN 25% OF THE TIME.
a. AUD/NZD, NZD/USD, CHF/JPY, AUD/CAD, USD/CAD, NZD/CAD, AUD/USD, EUR/CHF, EUR/GBP
b.This group if you trade them you will want to use a reentry of 150[/quote]