QAM Trading Journal $US1000 to ??? | Page 33 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Another Trading Journal - Yuhu's Journal 17 replies

Twitch Journal - Live Journal 4 replies

Creating my Trading Plan + My Trading Journal 27 replies

My Personal journal up 18% in 2 months going to start a journal 8 replies

Azzity's Trading Journal III (Azzity's 3/30 Trading Method) 9 replies

Attachments: QAM Trading Journal $US1000 to ???
Exit Attachments

QAM Trading Journal $US1000 to ???

  • #641
  • Jul 29, 2016 6:52am Jul 29, 2016 6:52am
Quoting Platanero
Very well done sir! Cheers!
I see you trading quite a few different pairs (TE) and you have upped the balance too.

On the next set of pairs I decide to trade I will outline them in advance.

So anyone interested can follow along live but if you trade it live be aware that you do so at your own risk.

It would be great to see other interested traders doing similar cycles however at the end of the day its a very individual matter.

Good trading,

Masterrmind............
Master your Mind then Master your Trades
  • #642
  • Jul 29, 2016 7:00am Jul 29, 2016 7:00am
Quoting simnz
{quote} Just wonderful.
Nice to see you here simnz.....

I hope you are keeping well and thanks for the nice comment.

Still very early days but I couldn't have asked for a better start to this account.

I'm very fond of the daily compound rate too ... no guarantee it will continue of course but very powerful growth if it did!

Lets see!

Masterrmind............
Master your Mind then Master your Trades
  • #643
  • Aug 1, 2016 9:14pm Aug 1, 2016 9:14pm
Upcoming cycles to be traded very soon will be the following:

EURGBP [M5; 40/manual]

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 23 KB


GBPJPY [M5; 40/manual]

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 19 KB


Spread to daily range ratios are ok.
Zoomed out pairs view in terms of chart structure is reasonable.

ps. initial cycles on these 2 pairs may be in any direction but for longer term cycles the directions given above are preferred.

Masterrmind..............
Master your Mind then Master your Trades
  • #644
  • Aug 1, 2016 9:29pm Aug 1, 2016 9:29pm
Quoting Masterrmind
Upcoming cycles to be traded very soon will be the following: EURGBP [M5; 40/manual] {image} GBPJPY [M5; 40/manual] {image} Spread to daily range ratios are ok. Zoomed out pairs view in terms of chart structure is reasonable. ps. initial cycles on these 2 pairs may be in any direction but for longer term cycles the directions given above are preferred. Masterrmind..............
Cycles for EURGBP and GBPJPY are now active via Expert.

It is possible that multiple cycles within each pair may be taken including an additional pair if needed.

Masterrmind............
Master your Mind then Master your Trades
  • #645
  • Aug 2, 2016 12:09am Aug 2, 2016 12:09am
EURGBP [M5; 40/manual]

This pair will NOT be traded again anytime soon.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 43 KB


The screenshot outlines how winning trades can turn negative due to M5 closing range and although the spread is ok its easy to see that on lower ranging pairs that the closing price is not ideal.

Another pair will now be sourced and traded in tandem with the GJ pair.

Masterrmind............
Master your Mind then Master your Trades
  • #646
  • Aug 2, 2016 12:21am Aug 2, 2016 12:21am
Quoting Masterrmind
EURGBP [M5; 40/manual] This pair will NOT be traded again anytime soon. {image} The screenshot outlines how winning trades can turn negative due to M5 closing range and although the spread is ok its easy to see that on lower ranging pairs that the closing price is not ideal. Another pair will now be sourced and traded in tandem with the GJ pair. Masterrmind............
Last long trade closed out manually on the EG pair.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 41 KB


No more trades on this pair at the moment nor likely at all on this type of account.

Masterrmind............
Master your Mind then Master your Trades
  • #647
  • Aug 2, 2016 12:32am Aug 2, 2016 12:32am
AUDUSD [M5; 40/manual] will now be traded with GBPJPY [M5; 40/manual]

Masterrmind.............
Master your Mind then Master your Trades
  • #648
  • Aug 2, 2016 2:13am Aug 2, 2016 2:13am
GJ cycle

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 51 KB


1 completed long cycle

Masterrmind.............
Master your Mind then Master your Trades
  • #649
  • Aug 2, 2016 5:57am Aug 2, 2016 5:57am
Quoting Masterrmind
GJ cycle {image} 1 completed long cycle Masterrmind.............
GJ

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 49 KB


3 cycles closed out today

2 long cyles + 1 short cycle

Last long cycle closed out manually close to the DO line

ps. AU cycle still running.

Masterrmind.............
Master your Mind then Master your Trades
  • #650
  • Aug 2, 2016 6:20am Aug 2, 2016 6:20am
The Pound/Yen does not disappoint. When it comes to daily range, the pound/yen is king. Fast too!
Don't look down when learning to fly.
  • #651
  • Aug 2, 2016 7:16am Aug 2, 2016 7:16am
Quoting Platanero
The Pound/Yen does not disappoint. When it comes to daily range, the pound/yen is king. Fast too!
GJ

Yes but if you end up on the wrong side of it and over leveraged it can really punish you!

Cycles on GJ today were really clean.

I'll continue trading GJ cycles from the Asian session tomorrow alongside the AU cycle.

AU

Now I have the AU pair marching up higher but I'm very fine with that because it opens up multiple trades before a big pullback to the downside.

Lets see but most likely the cycle will run EA free over night.

I may consider VPS setup for the longer running overnight cycles so trades continue to be generated.

However, all it really means is a potentially greater profit at the expense of a higher DD.

Masterrmind............
Master your Mind then Master your Trades
  • #652
  • Aug 2, 2016 7:10pm Aug 2, 2016 7:10pm
AU cycle from overnight (still running)

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 90 KB

Quantum boxes on chart are set at Q=40
Q open and Q close values were changed once to 150
Then Expert removed from chart and a manual approach adopted

The red dashes down lower on the chart are the current TP levels.
Initially 100 pip TP was applied in EA settings then about halfway through the cycle 150 pip TPs were applied (not really necessary but an approach to keep TPs down closer at a similar level.

Note also that the AU cycle no longer has the Expert attached and therefore it will be traded as a longer term cycle with the possibility of additional trades being added either manually or in combination with scripts especially if price is seen to rise up much higher than current levels (if it does).

ps. a new GJ cycle (Expert attached) is about to be started to join the AU cycle (NO Expert attached).

Masterrmind..............
Master your Mind then Master your Trades
  • #653
  • Aug 2, 2016 7:20pm Aug 2, 2016 7:20pm
GJ cycle now started on chart with Expert.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 45 KB


Masterrmind............
Master your Mind then Master your Trades
  • #654
  • Aug 3, 2016 3:27am Aug 3, 2016 3:27am
GJ

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 58 KB


2 cycles of trades completed (1 short cycle followed by 1 long cycle)!
Closed out manually.

ps. AU cycle continues to run.

Masterrmind...........
Master your Mind then Master your Trades
  • #655
  • Aug 3, 2016 4:44am Aug 3, 2016 4:44am
AU cycle

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 91 KB


Closed out several winning trades just above the DP point.

ps. multiple trades continue to run on the AU pair.

Masterrmind...........
Master your Mind then Master your Trades
  • #656
  • Aug 4, 2016 2:34am Aug 4, 2016 2:34am
GJ

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 53 KB


2 cycles closed out by Expert + the 2 final long trades closed out manually on the 3rd cycle due to not wanting that final cycle to continue today.

ps. AU continues to run with 100 short entries in progress.

Masterrmind.............
Master your Mind then Master your Trades
  • #657
  • Aug 4, 2016 12:45pm Aug 4, 2016 12:45pm
Hello Masterrmind
How are you doing with this experiment?
What is the updated balance of the account now?
You are running many trades. Are you executing them with an EA or manually?
Cheers.
Merka
  • #658
  • Aug 4, 2016 7:07pm Aug 4, 2016 7:07pm
Quoting Merka
Hello Masterrmind How are you doing with this experiment? What is the updated balance of the account now? You are running many trades. Are you executing them with an EA or manually? Cheers. Merka
Hi Merka,

Account is currently progressing nicely with a current balance of 126 103.70 and current floating DD of about 2.5%.

TE is available from the start of the thread.

myfxbook also available ..... https://www.myfxbook.com/members/MAS...t-live/1703976

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 40 KB


Initial entries are executed via Expert Advisor but closed out by Expert or manually depending on the progress of a particular cycle.

Additional entries placed manually or by script may also be applied depending on the cycle progress.

This particular broker sets the maximum number of trades to 300.

Trading 2 pairs means I try to limit maximum entries to about 100 trades per pair (so 200 trades for 2 pairs and 100 spare if needed).

If only 1 pair is traded then >100 entries could be applied.

Lot sizes are all set at 0.1 lots per trade but this will change to a progressive lot sequencing approach when the account doubles (if it does).

Masterrmind............
Master your Mind then Master your Trades
  • #659
  • Aug 4, 2016 7:16pm Aug 4, 2016 7:16pm
GJ

A fresh cycle has just been commenced.

Cycle closures before the end of day would be favorable.

Masterrmind............
Master your Mind then Master your Trades
  • #660
  • Aug 5, 2016 4:48am Aug 5, 2016 4:48am
GJ

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 44 KB


Closed out cycles of trades (2 short + 2 long).

Last 4 trades on final cycle closed out manually once in profit due to end of week.

ps. AU cycle continues to run.

Masterrmind............
Master your Mind then Master your Trades
0 traders viewing now