DEMO ACCOUNT REPORT
$100,000 Account opened June 5, 2013 - first traded same day, so 8 days results
All statistics available in Trade Explorer, click on Trade Report and see much of what is here & more
Summary: Profit +$20,000 - Open trades +$8,500
Closed trades 157
Win Ratio 73% - using break even +10 pips so not sure if this is skewing the win ratio, any Quants reading?
Take Profit / Stop Loss is 1 ADR or ATR of Daily price data : RISK is 1% and Max of 2 trades per pair
My logic behind this is that the W%R catches retracement entries perfectly on the 1 hour chart, trend resumes, take the money & run
Example shown below was the largest winning trade so far, by dollar value, not pips, due to the Dynamic Lot Size option
And there is current open trade on that chart, you can see the entry, break even +10 and take profit line
Also show, the ADR projected High & Low from current Low & High, I will attach the Indicator for you
But with great power comes great responsibility - use it wisely
This is a pair that the Third Screen Strategy does not recommend; I take a portfolio view
Bit like the shotgun view, got to hit something, if your trading is better, not need to be reading here
If not, something to consider using, I may try to tweak say Take Profit at 1.1 of ADR and Stop Loss to 0.9 of ADR
Have a great week end everybody, all the best for next week folks,
E.
$100,000 Account opened June 5, 2013 - first traded same day, so 8 days results
All statistics available in Trade Explorer, click on Trade Report and see much of what is here & more
Summary: Profit +$20,000 - Open trades +$8,500
Closed trades 157
Win Ratio 73% - using break even +10 pips so not sure if this is skewing the win ratio, any Quants reading?
Take Profit / Stop Loss is 1 ADR or ATR of Daily price data : RISK is 1% and Max of 2 trades per pair
My logic behind this is that the W%R catches retracement entries perfectly on the 1 hour chart, trend resumes, take the money & run
Example shown below was the largest winning trade so far, by dollar value, not pips, due to the Dynamic Lot Size option
And there is current open trade on that chart, you can see the entry, break even +10 and take profit line
Also show, the ADR projected High & Low from current Low & High, I will attach the Indicator for you
But with great power comes great responsibility - use it wisely
This is a pair that the Third Screen Strategy does not recommend; I take a portfolio view
Bit like the shotgun view, got to hit something, if your trading is better, not need to be reading here
If not, something to consider using, I may try to tweak say Take Profit at 1.1 of ADR and Stop Loss to 0.9 of ADR
Have a great week end everybody, all the best for next week folks,
E.

Attached File(s)
Maximize wins, minimize loss, stay in the game as long as you can
Counter-Trend Entry Return This Week:
0.2%