ICC Forex System testing

This is a discussion on ICC Forex System testing within the Trading Journals forums, part of the Reception category; Originally Posted by GMP closed cable early as I'm not comfortable leaving it for my teabreak after its behaviour this ...

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Old May 14, 2010, 11:16am   #361
GMP
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Re: ICC Forex System testing

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closed cable early as I'm not comfortable leaving it for my teabreak after its behaviour this morning
could've safely left it but it's not thundering down so no major loss (yet)
actually, that's the first break I can ever remember where a century limit has been hit rather than a stop-loss!
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Old May 14, 2010, 11:25am   #362
GMP
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Re: ICC Forex System testing

GMP started this thread and this is how they finished...not as fluent as yesterday but still some nice profits
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Old May 14, 2010, 11:32am   #363
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Re: ICC Forex System testing

GMP started this thread half hour traders going for another push lower by the looks of things...
moreso in sterling than the €
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Old May 14, 2010, 11:36am   #364
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Re: ICC Forex System testing

GMP started this thread sell signal in cable there but I'm not trusting it... tempting just to sit on this mornings profits again really
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Old May 14, 2010, 4:42pm   #365
GMP
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Re: ICC Forex System testing

GMP started this thread EOD Pip Report:
£$ -7 -30 +6
€$ +5 +40
€£ -4
£₯ +30 +30
€₯ +15 +100
$₯ --
total: +185

Morning only again. Looks like plenty on offer this afternoon from the € but you can get too greedy.
Feed from FXPro broke up this afternoon for the first time since I've tried them, so not alot of point posting the charts as the major moves are already here.


[Four days of system B so far, totalling 791 pips - honeymoon period for sure]
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Last edited by GMP; May 14, 2010 at 5:34pm. Reason: sys B tot
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Old May 17, 2010, 12:00pm   #366
GMP
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Re: ICC Forex System testing

GMP started this thread a classic Boomtown Rats Monday morning...slow, stuttering, tough-to-see progress but a good test for any system
Euro's actually been making some steady progress but it's only really evident in retrospect, and my trailing stop knocked me out of the one decent entry I had on €₯, so currently underwater and will possibly go deeper over lunch as I'm loath to close what's open now
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Old May 17, 2010, 5:29pm   #367
GMP
Joined Sep 2007
Re: ICC Forex System testing

GMP started this thread EOD Pip Report:
£$ -30 -20
€$ +10 +20 -30
€£ -3 -15
£₯ +30 -24 +10 -23 -30 +39
€₯ 0 -19 +25 -30 -30 -30 +30
$₯ +22 -14 +1 +10
total: -101

Moderate losses this morning, appalling losses this afternoon - time to accept early afternoons just aren't worth bothering with using this system.
Wouldn't have been quite so bad if I wasn't over eager with the trailing stops this morning, and had used bigger stops this afternoon. Does help put last week's big winnings into perspective though.
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Old May 18, 2010, 12:04pm   #368
GMP
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Re: ICC Forex System testing

GMP started this thread More costly sideways markets this morning. This system doesn't cope with them any better than any other approach.
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Old May 18, 2010, 12:46pm   #369
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Re: ICC Forex System testing

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More costly sideways markets this morning. This system doesn't cope with them any better than any other approach.
Hi Gavin,

Join the club! I got sliced and diced by GU and EU this morning, only EG trade saved me from a washout. Cant think whats going on apart from the fact that nothing really is going on....

Hope you dont mind this post on your thread, N's thread is a ghost town - best regards,
Simon.
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Old May 18, 2010, 4:46pm   #370
GMP
Joined Sep 2007
Re: ICC Forex System testing

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Hi Gavin,

Join the club! I got sliced and diced by GU and EU this morning, only EG trade saved me from a washout. Cant think whats going on apart from the fact that nothing really is going on....

Hope you dont mind this post on your thread, N's thread is a ghost town - best regards,
Simon.
Hi Simon
Yep, same story as yesterday for me. Conditions must just be out of sync with my system settings (or that's what I'm telling myself). Going from the similarities last week, we're probably using some similar parameters, but trading the Yen pairs amplifies my losses big time!
Got bored by lunchtime and thought I'd try something different - set 20 pip targets with some different entry requirements, which worked better but then it got a bit clearer this afternoon anyway.
Better luck tomorrow - Gavin
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Old May 18, 2010, 4:48pm   #371
GMP
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Re: ICC Forex System testing

GMP started this thread Afternoon Target practice:
£$ -1 +20
€$ -13 -17 +20 +20
€£ +10
£₯ -17 +20 -5
€₯ -22 +20
$₯ +10
total: +45
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Old May 20, 2010, 10:43am   #372
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Re: ICC Forex System testing

GMP started this thread This week's chopfest has helped me refine a couple of things, so the "final" evolution has evolved a little more. Was looking forward to seeing how it performed today, but so far this morning everything's been in neutral, so I suppose having no signals is probably a good sign.
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Old May 20, 2010, 3:21pm   #373
GMP
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Re: ICC Forex System testing

GMP started this thread Huge moves in the Yen pairs today, once they got going... why is it that always happens when I don't have the time to trade? On paper, today would be fantastic. The reality would probably be less than perfect given my trailing stop habits but it's a choker to see.
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Old May 20, 2010, 3:27pm   #374
GMP
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Re: ICC Forex System testing

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Huge moves in the Yen pairs today, once they got going... why is it that always happens when I don't have the time to trade? On paper, today would be fantastic. The reality would probably be less than perfect given my trailing stop habits but it's a choker to see.
I see it's the US stock markets slip-sliding again, which explains why it's going quite so mental. Probably a spot of hysteria over the N/S Korea situation.
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Old May 20, 2010, 4:58pm   #375
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Re: ICC Forex System testing

GMP started this thread
Yen pairs were outstanding because the Yen was outstanding on MXVL
Don't trade the middle two currencies against each other - see €$
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