ICC Forex System testing

This is a discussion on ICC Forex System testing within the Trading Journals forums, part of the New Traders category; Originally Posted by GMP and more...don't know what's prompted that, but it's a very lucky escape possibly down to Portugal's ...

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Old Apr 27, 2010, 10:58am   #185
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and more...don't know what's prompted that, but it's a very lucky escape
possibly down to Portugal's debt rating being cut, but Bernanke's giving another speech and that usually gives traders the jitters... tricky to stay abreast of all this cr*p when you're just trying to make a few pips!
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Old Apr 27, 2010, 11:08am   #186
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GMP started this thread £¥ sold for last trade of the day
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Old Apr 27, 2010, 11:13am   #187
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£¥ sold for last trade of the day
and closed early for quick +20 - it'll probably go deep sea diving now!
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Old Apr 27, 2010, 11:16am   #188
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GMP started this thread € & £ still look very weak against Yen, so it's tempting to get hooked on again....but it's 4.15 so I'll call it a day - I've had more than my share of good luck already
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Old Apr 27, 2010, 12:35pm   #189
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€ & £ still look very weak against Yen, so it's tempting to get hooked on again....but it's 4.15 so I'll call it a day - I've had more than my share of good luck already
This is a gilt-edged example of when not to listen to your thoughts and just do what your charts are telling you to do. If I'd ridden these two signals properly I'd now be 200 pips better off. 200. How many moves d'you get like that in a week? And it was staring me in the face...

Memo to self - trust charts, not opinions!
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Old Apr 27, 2010, 12:41pm   #190
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GMP started this thread EOD Pip Report:
£$ +2 +30
€$ -9 -8 +8
€£ +5
£¥ +20 +20
€¥ +12 +39
$¥ --
total: +119

Very decent day, but could've been better if I didn't have to go out mid-morning, and could've been bloody fantastic if I stopped thinking so much and just did what my charts tell me to do (see previous post).

Key: Vertical line on the left is 8am UK time
Arrows are Entries, Ticks are successful exits, Crosses are unsuccessful exits, Thumbs
up & down are signals (and their exit) rejected through timing (e.g. lunchtime, or just
before a major economic data announcement) or through poor personal judgment.


€¥ morning trade has disappeared from chart for some reason beyond my comprehension...
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Old Apr 27, 2010, 12:54pm   #191
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and closed early for quick +20 - it'll probably go deep sea diving now!
Aargh! That was my subconcious trying to tell me to stay in!
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Old Apr 28, 2010, 12:40am   #192
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Quote:
Originally Posted by GMP View Post
EOD Pip Report:
£$ +2 +30
€$ -9 -8 +8
€£ +5
£¥ +20 +20
€¥ +12 +39
$¥ --
total: +119

Very decent day, but could've been better if I didn't have to go out mid-morning, and could've been bloody fantastic if I stopped thinking so much and just did what my charts tell me to do (see previous post).

Key: Vertical line on the left is 8am UK time
Arrows are Entries, Ticks are successful exits, Crosses are unsuccessful exits, Thumbs
up & down are signals (and their exit) rejected through timing (e.g. lunchtime, or just
before a major economic data announcement) or through poor personal judgment.


€¥ morning trade has disappeared from chart for some reason beyond my comprehension...

100 pips in a days session......those kinda figures are what make it all worth doing

N
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The FXCorrelator_Goldmeter:-http://www.trade2win.com/boards/fore...ml#post1960456
Trading Exotics:-http://www.trade2win.com/boards/fore...ml#post1962866
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