Having success with 4 Strategies - The Journal

Hi FF traders,

I start my own journal with the goal everyone else has here on FF: HAVING SUCCESS.
I have 4 strategies on different timeframes (M1-M15-H1-H4) and I believe in these systems. I think every single one is able to give me positive pips. They are all started on a 50k demo.
I basically found these strategies on FF.com and other sources. You can find indicators and description easily for yourself!
I trade the strategies like they are used to traded with small changes which are fitting to my trading style.

Genesis - M1:

-> This system is used on the M1-Timeframe. I use this scalping method in respect to the hour and daily candle. TP is 10 pips and SL the recent High/Low (max. 10 pips). My daily target are 20 pips.

The ATM Machine - M15:

-> This system is used on the M15-Timeframe. It tries to go with the daily trend. Retracements are used to enter a trade. I will exit my trades at 20 pips or less. In this system I try to reach a positive R:R of 1:1,5 or more. My daily target are 40 pips.

MTZ H1:

-> This system is used on the H1-Timeframe. It basically trades breakouts of the last 8 candles by forming a middle TZ. This system has not the best R:R ratio but a high winning percentage. I try to refine this one. My daily target are 20 pips.

HGI H4:

-> This system is used on the H4-Timeframe. I try here to follow the trend with a Stop Buy/Sell Order with a TP of 30 Pips. This system doesn't afford much time. I will try to check it 3 or 4 times a day.

I will trade on 8.30 - 11.30 CET and 14.00 - 16.30 CET.
My main goal is to stay in green pips with all the systems and respect the rules for each one. I will post screenshots of my trades, so you are able to learn from them.
Follow me on my journey to SUCCESS!

The first trade I am posting is from the HGI H4-System:



The reason I entered was the existing trend and the confirmation of the indicators. This one gave me 30 pips.
As you can see I already set up the next Buy Stop.

small update:

M1 Genesis: -2,1 pips
H1 MTZ: +20 pips, USDCHF still open

edit: USDCHF closed at 5pips, would have been to TP but I wanted to secure my 20 pips target for today.
So H1 MTZ: +26,6 pips
done with H1 system for today

The 3 H1 trades:

H4 HGI
Pending Orders:
USDJPY BUY STOP 121.60 TP 121.90 SL 120.80
NZDCAD SELL STOP: 0.917 TP 0.914 SL 0.92500

first trade with ATM - M15 system.
+20 EURAUD, done with this system for today

End of the day.
summary:

M1 System: +1,3 -14,9 +8,9 +1 +1,6 +10,2 +0,8 -5,1 = + 3,8 pips
This one is the most difficult system. It's hard to find the right entries on M1 and the SL is more often hit because it is very close to entry.
After the day I have to conclude that it is the best to have a SL of 10 pips and a TP of 10 pips

M15 System: +20 = +20 pips
SL of 10 pips and TP of 20 pips. Will leave it there. Good system. Worked great today. Didn't find a good entry at the London session, but no problem.

H1 System: +10,1 +10,5 +5,6 = 26,2 pips
Nice breakouts today, could have made 30 pips but I wanted to protect my 20 green pips. Still have to think about about the Stop Loss.

H4 System: No closing trades
The USDJPY has been triggered. I set the SL to 121,1 because I think that it won't get any higher. Not a good trade, there is a high probability that this is a losing trade. NZD/CAD is still pending.
Had a short on AUDJPY, but I missed it. Next chance will come.

Total Pips: 50 pips

Next session will be tomorrow!
See you then.

Why not just stick to one and master that one? Makes life much simpler and more profitable!

Good question. The answer is that I just want to know the potential of these strategies and I believe they all have a huge potential of having success! Another important thing is that I just want to get pips on different time frames! I know that there is a lot of screening time to get pips with all 4 systems, but I think that will worth it!

small update: Lost many pips in the H4 system because of the NZD news yesterday. Didn't recognize those news, otherwise I would have canceled the order. That one was a big mistake...
USDJPY order is still open.

Done for today with M15 system:



+11 +10 +1 = +22 pips

could have been more Tp was set to +20 pips each pair but I wanted to protect the green pips for today. So I closed them.

M1 System:

+10 +8 = + 18 pips
also done for today



I did get a signal on M1 and on M15 system for EURUSD and GBPUSD, so I did take them on both systems.

H1 system:

GBPAUD is open. I did take a second position and will close them with overall +10 pips.

H4 system:

USDJPY has been closed with a loss.

Update on H1 GBPAUD trade:



As you can see I had 2 entries. The first one on H1 Chart but the price immidiately retraced back. I didn't close the position because I saw that there was a down trend. So I decided to open a second position in the M15 Chart.
After the doji I entered and I set the TP for both position to overall +10 pips.
It reached the target.
So far with H1 system: +4 -5 +17: +16
Maybe I will enter another one later.

Ok end for me now.

Summary:

M1 System: +10 +8 -8 = +10
Important thing at M1 system is to follow the daily and hourly candle. 2 good trades. The last trade wasn't that good. I didn't follow the rules. Have to improve on this.

M15 System: +11 +10 +1 = +22
Unspectacular trades. This is what I am looking for!

H1 System: +17 -5 +4 = +16
Did trade the retracement. Worked out fine.

Total : +48

Won't count the H4 pips to the intraday result because the trades are open much longer ...

H4 System: -95,5 -49,3 = -144,8
Two losing trades. I didn't watch the news and paid for it. The other one was because the trend ended.
I have many more pending order on H4.

I won't be here tomorrow, so the next trading session will be on Monday. See you then.
If you have questions, just ask them. I will try to have a look this weekend!

two closed winning trades on H4:

GBPUSD : +29,8
GBPJPY: +32,2

And another one
USDCHF: +29,9

+60 Pips yesterday with the H4 system. I will write tomorrow a small weekly summary.

Ok guys, weekly performance:

H4: +184.2
I won't change anything here. Very happy with the weekly result. I hope to continue like this

H1: +103.5
Same thing here. I will perhaps rethink the placement of the SL in lower timeframes. It is still the opportunity to open a second position on M15.

M15: +38
I have to stick to my Risk management rules: SL 10 pips and TP 20 pips. I am also satisfied with the result.

M1: +13
Most difficult system. SL 10 TP 10. Still a positive result, but I am not happy with the result. I try to improve on this. I have to prepare my entry based on the higher timeframes.

Overall: A very good weekly result. I hope to do the same in the upcoming week. The most important thing is to protect the positive pips and look for high prob. entries.

See you tomorrow!

Hi,

I did some small changes today. I have now a well working money management. I changed the percentage risk per trade depending on how well the system is working. H4 risk - 2 %~30 pips TP; H1 risk - 1%~10 pips TP; M15 risk - 2%~20 Pips TP; M1 risk - 1% 10 Pips TP.

I also decided to use the H4 strategy on my Live Account. I place exact the same trades like on my H4 Demo.
This strategy is tested for a long time and I think now is the time to go live with it!

today stats so far:
M1 -21.4
M15 +6
H1 +6,7
H4 +20,1

Pending Order on H4: SellStop 1.05600 with TP 1.05300 / SL 1.06045
This is also my first live trade.

Stay tuned!

Very bad day today:

M1 system: -23 pips
M15 system: +6 pips
H1 system: -14 pips
H4 system: -25 pips and an open position with -90 pips

Didn't have much time today. The trades went bad and I have to rethink my M1 strategy....