Swing2Me

Total ROI: 60.8% (3/11-3/27)

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Hey guys,

I'm writing this trading journal in order to trade more disciplined with my recently developed "Swing2Me" strategy. I'm still testing this strategy and I only trade GBPNZD. Since the spread of this pair is relatively high, using a broker with tight spread as well as fewer spread spikes is key.

A little bit about myself: I first heard about Forex in 2004. At that time a professor told me he made tons of money trading Forex. I believed in him but I thought what the hell I need those money for? 10 years later in 2014 after I got married and had a baby, the burden of life suddenly started to get me and I thought the heck I should give it a try. At start of trading I thought this is so easy because price keeps moving up and down so I can keep a trade open until it moves in my direction. At first it looks ok but one day AUD suddenly dropped a few hundreds of pips and just kept dropping. Then I started panicking and closed my losing trades. In the next 6 months I lost 3 grand before I started to really THINK about HOW to trade Forex. From 2014, I have read almost all the threads in FF, Forex-TSD, BabyPips, etc. and traded nonstop everyday Forex is open. I have tested many many strategies but either the strategy didn't suit my time table or I was not satisfied with the performance. This "Swing2Me" is my recent discovery. I combined a few already existing indicators with my own modifications and created my own rules. Backtesting looks ok. I will see how it performs in the future.

My goal is to get 50pp per day on average or about 1000pp per month. That should be enough to give me about 80% ROI per month if aggressive (1lot/$10K) or 40% if conservative (1lot/$20k). Currently on demo account I use 1lot/$10k just to see how it goes. If it goes well, I should be able to achieve 1 million in 11 months. If in real account I start with $200, I will achieve this in 19 months. If later I choose to be conservative (1lot/$20k), I should be able to achieve the 1 million goal in 30 months. Here is the timetable:

Attachment

In reality, however, it will take longer than that because from time to time I will make withdrawals.

With this demo account, if I can double my account in 3 months. I will go live.

Note: This thread is only to show if it's possible to grow an account this fast (from $200 to $1m in about 3 years lol) for my own amusement. I will not share any indis, tpl, rules for now.

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Today I opened a short trade @2.07384 [email protected]. It's not looking perfect but it has moved in my anticipated direction so far.

Hey guys,

Yesterday's short trade went well. Half of my position was closed at 50pp and half at 300pp. Although the price dropped another 300pp after that (till now), I took what I was satisfied with. And also the big drop was caused by NZD cash rate news, so it was not a normal event. I'm now waiting for the next valid signal.

Hey guys,

Today there are two valid signals. A long position was opened at 2.01528 [email protected]. Half of position was closed at 50pp and half at 52pp when the opposite signal appeared. Then a short position was opened at 2.02057 [email protected]. Till now half of position was closed at 50pp and the other half is over 100pp. I have moved my SL to BE+5pp.

nice trade. can you share the indi and tpl

Hey guys,

Last Friday's short trade was closed today when the opposite long signal appeared. So the profit was half at 50pp and half at 139pp. Today there have been two signals so far. I entered a long trade earlier today at 2.00656 [email protected]. Half was closed at 50pp and the other half at 7pp when the short signal appeared and I took it at 2.00728 [email protected]. So far half was closed at 50pp and the other half is still running. Let's see how it goes.

Last week (3/11-3/13) the total profits are：

(50+300)/2+(50+52)/2+(50+139)/2=320.5pp (=320.5*10*0.80=$2564/per 1 lot)

Account up 25.6% (initially at $10k).

Hey guys,

Yesterday's short trade was closed today when the opposite long signal appeared. So the profit was half at 50pp and half at 38pp.

Today till now there have been 3 signals. I entered a long trade earlier at 2.00324 [email protected]. This was the first trade in loss. The profit was -9pp when I closed it at the appearance of the short signal.

Then I entered the short trade at 2.00243 [email protected]. This trade ended up with -26pp.

The 3rd trade was a long trade at 2.00491 [email protected]. Currently I have closed half of it at 50pp and since the other half has reached 100pp I have moved SL to BE+5pp. Let's see how this trade goes.

Hey guys,

Yesterday's 3rd trade (long) was closed today when the opposite short signal appeared. The profit was half at 50pp and half at 99pp. Note that I didn't wait for the bearish candle to close then to close my long trade but entered about 4 minutes after the candle appeared. This is because I found the news indicate GBP will have a big drop. Still, I checked the news too late otherwise I would have banked 130pp instead of 99pp.

So I entered a short trade right after I closed my long trade. Till now, half was closed at 50pp and the other half is still running. Since it's reached 100pp I have moved SL to BE+5pp. It's probably gonna reach 300pp or more. Let's see.

Hey guys,

Second post today. My short trade was supposed to be stopped out at BE+5pp as shown by the circle. However, I entered a long trade at the arrow by mistake and lost quite some money because it quickly turned against me and hit my SL. Anyway, now I've followed my rules and entered a long trade @2.00177 with SL below last dark red candle. High impact NZD news will come soon. Let's see how this trade holds.

Hey guys,

Yesterday's long trade was closed today. Half with profit 50pp and half with 5pp when SL was hit. Today a short trade was opened at 1.99864 with SL above last swing high. I'm thinking of adding a trailing stop to my strategy.

Hey guys,

Yesterday's short trade was closed with profit half at 50pp half at 120pp when the opposite long signal appeared. However, this long trade failed and profit was -96pp. Then I entered a short trade with SL above last swing high. So far I have closed half at 50pp and the other half is still running.

From now on, my trailing stop will be triggered after 200pp is reached.

Hey guys,

Last Friday's short trade was closed today with half at 50pp half at 132pp. A long order was created right after with -96pp loss. Then another short order was created with SL above last swing high.

Rules changing: Close half at 100pp from now on. Trailing will also start at 100pp.

*****
Last week (3/16-3/20) the total profits are：

(50+7)/2+(50+38)/2 -9-26 +(50+99)/2+(50+5)/2+(50+5)/2+(50+120)/2 -96 +(50+132)/2=247pp (=247*10*0.76=$1877.2/per 1 lot)

Account up 44.4% (initially at $10k).

Hey guys,

Yesterday's short order was finally closed now with profit half at 100pp and half at 120pp. A long order was opened at the close of green line candle. However I entered late and hence some pips lost.

Rules changing: Close half order at 100pp and the half at opposite signal. Trailing stop will start at 150pp.

Woow very good,.... waiting for your template and indies,...

Budi,...

Hi,

Are you going to give us rules, indi and tpl or you only want to share your results?

Cheers!

Please refer to my first post. I wish you could learn from my posts but I can't share more because sadly I believe in trader's effect. I wish you best of luck.

Hey guys,

After the long trade was opened, it moved over 100pp (if I opened in time but I didn't...) and then dropped. The total profits are half at 100pp and half at 14pp. The second short trade for the day was a loss at -25pp. The third long trade was opened and moved over 100pp now and I have closed half. It's still running so far.

Hey guys,

Yesterday's long trade was closed half at 100pp and half at 35pp when my trailing SL was hit. Then it looks like there is another valid long signal. I entered but since this never happened before I don't know if this trade will end up winning or losing. Let's see.

Rules changing: Will start trailing at 130pp instead of 150pp.

Hey guys,

Yesterday's 2nd long trade held up well. So far it has passed the 100pp mark so I closed half. The other half is still running.

Hey guys,

Last Friday's second long trade was closed when market began to move for the new week and showed a +50pp gap. The total profit was half at 100pp and half at 105pp. Later there was a short signal which was almost at the same position as where I closed my long trade. This short trade turned up to be -21pp loss. Then I have entered a long trade as the last green line. Let's see how it goes.

*****
Last week (3/23-3/27) the total profits are：

-96+(100+120)/2 +(100+14)/2 -25 +(100+35)/2+(100+105)/2=216pp (=216*10*0.76=$1641.6/per 1 lot)

Account up 60.8% (initially at $10k).

Hey guys,

Monday's long trade was closed today with profit half at 100pp and half at 160pp when my trailing SL was hit. A short trade was hence opened.