THIS IS A PURE JOURNAL WITHOUT ANY TEACHING PURPOSE!
+THE STRATEGIES ARE PURELY BASED ON MATHEMATICAL PROBABILITIES!
+ALOT OF THE ENTERED TRADES, ARE IRRATIONAL!
+ALL MY POSTINGS ARE NORMALLY MADE WITHIN 5 MINS WHEN I CLOSE OR OPEN THE POSITION. - Without Exception!
+I dont want to be a "guru" and i dont aim to become one. This thread is serious real trading, i am working with an big account (120k$) not micro or mini like most of the people here, this isn't a try or lose, this is serious work, aiming to show that consistency is key for every success!
--------------------------------------------------------------------------------------------------
This is a journal for a strategy i developed over the last few months, i demo-ed it for 3 months + backtested it for several months in different years from 2005 till now, so i can be sure i went through all market conditions.
The demo-ing and the backtest went very well, and i'm now ready to begin to take the signals live with small lots, and then add on them step by step after a while of successful trading and gaining more confidence.
The monthly target of this strategy is 250-450 Pips with about 10-15 trades to take.
I'm monitoring 7 currency pairs, and planning to add 3 more on them. With the 3 more the strategy made 400-600 pips a month and 15-20 trades.
I only enter trades from 7am GMT to 15pm GMT. After this time i dont open any other trades, i only manage the ones that are already open, this strategy is pretty strict, so i gonna be sometimes entering trades that are not very logical. - paranormal.
Some facts: [FIRST STRATEGY]
Currencies currently monitoring:
[EUR/USD , GBP/USD , USD/JPY , USD/CHF , EUR/CHF , GBP/JPY , EUR/JPY , GBP/CHF , EUR/GBP , AUD/USD , EUR/AUD]
Timeframe:
[2h]
Quantity of trades (monthly):
[10 - 20]
Using a stop ?
[Yes, every position is entered with a stop]
How big is the stop ?
[40 - 100 Pips depending on the pair and volatility]
How big is the target ?
[70 - 130 Pips depending on the pair , volatility and stop]
Indicator ?
[Yes one! but i use it modified, with my own rules]
----------------------------------------------------------------------------------
Some facts: [SECOND STRATEGY]
Currencies currently monitoring:
[EUR/USD , GBP/USD , USD/JPY , USD/CHF , USD/CAD , EUR/CHF , GBP/JPY , EUR/JPY , GBP/CHF , EUR/GBP , AUD/USD , EUR/AUD , NZD/USD , CHF/JPY , NZD/JPY , EUR/CAD , EUR/NZD , GBP/AUD , GBP/NZD , AUD/NZD , GBP/CAD , AUD/JPY , AUD/CAD , CAD/JPY ]
Timeframe:
[DAILY/2h]
Quantity of trades (monthly):
[10 - 20]
Using a stop ?
[Yes, every position is entered with a stop]
How big is the stop ?
[70 Pips]
How big is the target ?
[100 Pips]
Indicator ?
[Yes one! but i use it modified, with my own rules]
+THE STRATEGIES ARE PURELY BASED ON MATHEMATICAL PROBABILITIES!
+ALOT OF THE ENTERED TRADES, ARE IRRATIONAL!
+ALL MY POSTINGS ARE NORMALLY MADE WITHIN 5 MINS WHEN I CLOSE OR OPEN THE POSITION. - Without Exception!
+I dont want to be a "guru" and i dont aim to become one. This thread is serious real trading, i am working with an big account (120k$) not micro or mini like most of the people here, this isn't a try or lose, this is serious work, aiming to show that consistency is key for every success!
--------------------------------------------------------------------------------------------------
This is a journal for a strategy i developed over the last few months, i demo-ed it for 3 months + backtested it for several months in different years from 2005 till now, so i can be sure i went through all market conditions.
The demo-ing and the backtest went very well, and i'm now ready to begin to take the signals live with small lots, and then add on them step by step after a while of successful trading and gaining more confidence.
The monthly target of this strategy is 250-450 Pips with about 10-15 trades to take.
I'm monitoring 7 currency pairs, and planning to add 3 more on them. With the 3 more the strategy made 400-600 pips a month and 15-20 trades.
I only enter trades from 7am GMT to 15pm GMT. After this time i dont open any other trades, i only manage the ones that are already open, this strategy is pretty strict, so i gonna be sometimes entering trades that are not very logical. - paranormal.
Some facts: [FIRST STRATEGY]
Currencies currently monitoring:
[EUR/USD , GBP/USD , USD/JPY , USD/CHF , EUR/CHF , GBP/JPY , EUR/JPY , GBP/CHF , EUR/GBP , AUD/USD , EUR/AUD]
Timeframe:
[2h]
Quantity of trades (monthly):
[10 - 20]
Using a stop ?
[Yes, every position is entered with a stop]
How big is the stop ?
[40 - 100 Pips depending on the pair and volatility]
How big is the target ?
[70 - 130 Pips depending on the pair , volatility and stop]
Indicator ?
[Yes one! but i use it modified, with my own rules]
----------------------------------------------------------------------------------
Some facts: [SECOND STRATEGY]
Currencies currently monitoring:
[EUR/USD , GBP/USD , USD/JPY , USD/CHF , USD/CAD , EUR/CHF , GBP/JPY , EUR/JPY , GBP/CHF , EUR/GBP , AUD/USD , EUR/AUD , NZD/USD , CHF/JPY , NZD/JPY , EUR/CAD , EUR/NZD , GBP/AUD , GBP/NZD , AUD/NZD , GBP/CAD , AUD/JPY , AUD/CAD , CAD/JPY ]
Timeframe:
[DAILY/2h]
Quantity of trades (monthly):
[10 - 20]
Using a stop ?
[Yes, every position is entered with a stop]
How big is the stop ?
[70 Pips]
How big is the target ?
[100 Pips]
Indicator ?
[Yes one! but i use it modified, with my own rules]
consistency wins
