Disclosing my daily EUR/USD routine | Forex Factory

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Disclosing my daily EUR/USD routine

  • #1
  • First Post: Edited Dec 1, 2014 9:04am Sep 20, 2014 1:50pm | Edited Dec 1, 2014 9:04am
Final update December 1, 2014.
This project is now officially closed. No more requests for disclosure will be honored but for the ones that are pending. In the near future I may present retail solutions in the form of licensed MT4 EA (robots) which will incorporate parts of this routine.

If I do I will open a new thread.

Thanks to all who participated.
End of final update.


Update: As I have now reached my three month target some 5 weeks early I will end this project by the end of this month.

This means this is your final chance to get this routine.

The routine is for EUR/USD only, as it uses a specific pattern and time to enter the market.

Here is what I can tell you:
Market: EUR/USD
Chart: 1H Candlestick
Drawdown: max -33% avg -10%
Returns: avg 15% month over month
TP: variable determined by indicator, adjusted every 24 hours if need be
SL: NONE (*)
Trade: one trade open at all times - checked every 24 hours at the same time
Carry-overs: YES
Max age of trade: until 24 hour direction changes or TP hits
Trade size: max 40% equity
MM: P/L end of month - taking 50% of surplus equity out of account
Indicators: Common momentum. (no further details can be given)

Results: http://www.myfxbook.com/members/Spik...-daily/1028045 this is the one.

Now forget about those short term charts and results and look at the bigger picture:

 

  1. Are we profitable?
  2. Are we predictable?
  3. Are we relaxed?


Looks like a triple yes to me.

Let me know if you are interested - I give fair warning even though I am a social Libertarian and compassionate I am certainly not a communist and expect a disclosure fee and a non-disclosure commitment from you. For more background on this please read my blog post at http://spikesurfer.svbtle.com/so-man...little-winners .

Thanks.

  • #2
  • Sep 20, 2014 4:13pm Sep 20, 2014 4:13pm
Hello Spike Surfer,

interesting and promising... private message sent...:-)
  • #3
  • Sep 21, 2014 6:01am Sep 21, 2014 6:01am
Quoting uafx
Hello Spike Surfer, interesting and promising... private message sent...:-)
Hello uafx, I have replied, thanks for your kind message.

Please forgive me but I looked at your 100 to 10K thread and made a quick calculation.

That thread started on May 24, 2013. If you would have traded my EUR/USD routine (and only that) that 100 would have been 615 today and somewhere near May 21, 2016 you would break the 10.000 barrier.

Someone very dear to me once said you must think like old money does, and that is long-term.

Kind regards
  • #4
  • Sep 22, 2014 1:02pm Sep 22, 2014 1:02pm
After receiving a few messages here is just a quick clarification for anyone interested:

NDA or Non-disclosure agreement is just that. A written agreement between two private parties that is a legally binding contract. Yes, I do need to know your details and you need to know mine. Otherwise there is no point in even having this agreement.

No NDA = No disclosure.

I am quite serious about the NDA - hope you can understand that.
  • #5
  • Sep 23, 2014 3:50am Sep 23, 2014 3:50am
Ok, so by popular demand (ahum) I have created a virgin demo account at Myfxbook.

http://www.myfxbook.com/members/Spik...-daily/1026802

Starting parameters: 1000eur - trading EUR/USD only.

I'll leave the other one up as well so you can see the two trades but will be sync trading EUR/USD live in this new one only meaning that every EUR/USD trade I make live I also make in this new account. Just to re-iterate sharing my live-account is pointless because I trade CFDs and other currencies in there as well, plus I do not like sharing live account login details with third parties - however safe they say it is.

Anyway this new demo account should take away the statistics criticisms. Yes I wish I had started a clean demo a month ago, but I only recently decided to share plus I only just discovered myfxbook, apologies.

Allright. Back to your regularly scheduled program.
  • #6
  • Sep 24, 2014 9:45am Sep 24, 2014 9:45am
I needed to create a new myfxbook page because it was not syncing....

http://www.myfxbook.com/members/Spik...-daily/1028045

Now it does show the page, but no trades *sigh*. I started shadow trading in this demo account yesterday like I said in my previous post and TP hit today as you can see from the equity, but no other statistics are available. I will ask myfxbook support why no trades show up if it fails to show the ROI in 24 hours. I know history etc is locked because I need it that way so that's not it if you are wondering...

I am learning these demo tools as I go, so thanks for your patience....
  • #7
  • Sep 26, 2014 3:21pm Sep 26, 2014 3:21pm
Quoting Spike Surfer
I needed to create a new myfxbook page because it was not syncing.... http://www.myfxbook.com/members/Spik...-daily/1028045 Now it does show the page, but no trades *sigh*. I started shadow trading in this demo account yesterday like I said in my previous post and TP hit today as you can see from the equity, but no other statistics are available. I will ask myfxbook support why no trades show up if it fails to show the ROI in 24 hours. I know history etc is locked because I need it that way so that's not it if you are wondering......
http://www.myfxbook.com/members/Spik...-daily/1028045

I have built a roof, now I am working on a chimney.

And as you know, the chimney needs to be higher than the roof lest the smoke fills the house.
  • #8
  • Sep 27, 2014 5:43am Sep 27, 2014 5:43am
Hello Spike Surfer,

Sounds very interesting, and a 15% consistent monthly return a commendable achievement.

PM'd

Cheers
  • #9
  • Sep 29, 2014 4:14pm Sep 29, 2014 4:14pm
Quoting xeroforex
Hello Spike Surfer, Sounds very interesting, and a 15% consistent monthly return a commendable achievement. PM'd Cheers
I've lost my PM priviliges, as expected.

Anyway you can still contact me via my blog.

Sorry for the inconvenience, but it's part of the FF rules.
  • #10
  • Sep 30, 2014 4:05am Sep 30, 2014 4:05am
Quoting Spike Surfer
{quote} I've lost my PM priviliges, as expected. Anyway you can still contact me via my blog. Sorry for the inconvenience, but it's part of the FF rules.
Privilages or not, the challenge is still on, I hope
Did done creating the new TE, though it will be a real account vs. your demo fxbook, but that is ok.
If you want to leave a note, can do on my thread?
there is always, always another trade!!
  • #11
  • Edited 4:07pm Sep 30, 2014 8:27am | Edited 4:07pm
Quoting profitfarmer
{quote} Privilages or not, the challenge is still on, I hope Did done creating the new TE, though it will be a real account vs. your demo fxbook, but that is ok. If you want to leave a note, can do on my thread?
Are you kidding me? I LIVE for challenges haha.

O look I am down 89 PIPS this morning - excellent. September has been quite a showcase so far.

Update: removed details.

At least I can show you guys what I mean with recovery and long term profitability.

Pre 2012 mindset
Zomg! Quick close and reverse! SL, SL, SL! Aaaagh!

Post 2012 mindset
Are there any of those cookies left mom?

Let those with ears listen.

-Eric
  • #12
  • Sep 30, 2014 9:45am Sep 30, 2014 9:45am
Sorry profitfarmer, I cannot post in your thread due to my new status

Sorry Spike Surfer, you don't have the credentials required to access this page. If you can't post to a certain thread, you might be blocked by the thread-starter (learn more). If you believe you have reached this notice in error, please submit a contact form.

Please point me to your TE so I can bookmark it.
  • #13
  • Sep 30, 2014 9:50am Sep 30, 2014 9:50am
It is OK to count from whatever point...as I also receive a little rebate from IB on this account, it will distort a bit the % return too, but that secondary.
The challenge is a game, afterall. But I shall warn you, I am more into profit% then pips, as is
This aint my demo, and I cant threat as one; emotionally.

PS:I will make the TE public then.
there is always, always another trade!!
  • #14
  • Sep 30, 2014 9:50am Sep 30, 2014 9:50am
Wait I got it. It's in your profile.

That's not a clean account either. So I guess we measure equity at 00:00 Oct 1 of both yours and mine and then measure again at dec 31 00:00 to get absolute % equity gains to determine the winner right?

http://www.myfxbook.com/members/Spik...-daily/1028045
  • #15
  • Sep 30, 2014 9:51am Sep 30, 2014 9:51am
Quoting profitfarmer
It is OK to count from whatever point...as I also receive a little rebate from IB on this account, it will distort a bit the % return too, but that secondary. The challenge is a game, afterall. But I shall warn you, I am more into profit% then pips, as is This aint my demo, and I cant threat as one; emotionally.
got it!
  • #16
  • Sep 30, 2014 10:06am Sep 30, 2014 10:06am
Quoting Spike Surfer
Wait I got it. It's in your profile. That's not a clean account either. So I guess we measure equity at 00:00 Oct 1 of both yours and mine and then measure again at dec 31 00:00 to get absolute % equity gains to determine the winner right? http://www.myfxbook.com/members/Spik...-daily/1028045
it is absolutely clean, indeed.
set up and funded today.

as for end date, I suggest 23rd Dec, as I don't trade during the holidays, no point, low liquidity, and better things to do, anyway.
your fxbook is fine, I can give you little headstart, it doesn't matter much.
there is always, always another trade!!
  • #17
  • Sep 30, 2014 11:06am Sep 30, 2014 11:06am
Folks if you are in

Australia
India
Japan
China
...or similar timezone

This is not for you unless you are prepared to set an alarm in the middle of the night to do your daily trade, even if it is only a few minutes.

SORRY
  • #18
  • Sep 30, 2014 4:19pm Sep 30, 2014 4:19pm
Quoting profitfarmer
{quote} it is absolutely clean, indeed. set up and funded today. as for end date, I suggest 23rd Dec, as I don't trade during the holidays, no point, low liquidity, and better things to do, anyway. your fxbook is fine, I can give you little headstart, it doesn't matter much.
Yes, whatever you want is fine. I do not need a headstart thanks.

I make a mistake closing my trade just now - did the same in live. I needed to do that on the first of the month - why I thought it was the first of the month today beats me. Too much traffic going on I guess. It will not matter for overall stats though whatsoever, only I lost the spread buying into the same direction. I need a cold shower too I guess. Sloppy sloppy.

Anyway for the record I will post my estimate for what the equity in my challenge account will be Dec 24 12AM 2014:

1500€ minimum with an absolute ROI of 50% minimum

Will I regret that prediction? We will see. Good luck.

http://www.myfxbook.com/members/Spik...-daily/1028045
  • #19
  • Oct 1, 2014 3:14pm Oct 1, 2014 3:14pm
profitfarmer: for the record

I started October with -1.38% Abs gain
You started October with 15% (no idea of actual because equity is private)

It should not matter this difference UNLESS it is very close dec 23, then we will argue about it like little boys just before Christmas.

-Eric
  • #20
  • Oct 1, 2014 4:41pm Oct 1, 2014 4:41pm
Quoting Spike Surfer
profitfarmer: for the record I started October with -1.38% Abs gain You started October with 15% (no idea of actual because equity is private) It should not matter this difference UNLESS it is very close dec 23, then we will argue about it like little boys just before Christmas. -Eric
made me smile.
as I stated, the account is clean, set u 2 days after we agreed the challenge. It happened to be 30th Sept. All I had in mind is the from agreement to end timeframe, actually feeling that I missed a valuable day.
the equity, and all, I can disclose at the end, or privately sometimes. There aren't huge secrets here, but let a few days running. Just adjusted the view to 'today's' in the TE...should show +4.9%i believe. It was a generally successful day, also my pip count is I green too on the account.
but here is some details to help.

  1. EXNESS
  2. MetaTrader 4
  3. XXXX17
  4. Live
  5. Sep 30, 2014
  6. 37 hr ....the account's age...so, it isn't a full 1.5 days, as you see, it is 4.40amon the 2nd Oct as of this writing.

  1. Return: 15%
  2. Time Return:16.1%

there is always, always another trade!!
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