Recent content by ddunne82

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    GBP breakout system

    Last week: Combined $491 NET Strong week for the euro but the swiss and to a lesser extent the pound took away some of the profits.
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    GBP breakout system

    Last weeks results: Combined of $-852. Dissappointing week with the big hit on the tuesday morning in the swiss and the euro. Once again it got me looking at putting stops in at the oppopsite side of the breakout but it just seems to hamper the performance overall. By my reckoning, that...
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    GBP breakout system

    This weeks results: Good week this week - 8 out of the 10 trades were profitable Total net profit (incl slippage and commission) of $828.75 Gold star this week goes to Mr Swiss.
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    GBP breakout system

    twalker, Out of interest, how far back did you back test this? At the moment, its trading pretty much in line with the backtest results but if you dont use the filter, the results are terrible. And John, 5 ticks slippage each side - mate, you're doing something seriously wrong if youre getting...
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    GBP breakout system

    Last two weeks results: 1) w/e 06/05/05 - total loss of $920.25 2) w/e 13/05/05 - total proft of $799.00. As we speak, system is still in the positive with the 21 sma filter working really nicely. David
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    Money Management Trading Systems Day Trading & Scalping Developing a Trading Strategy Part 2

    heasymo, I dont see where you got your closing price? The short was triggered at 10299 and then it got stopped out at 10339 (excluding slippage). I have found that the difference in results is purely a slippage and commission issue - i found that midcap and russell are the worst for slippage...
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    Money Management Trading Systems Day Trading & Scalping Developing a Trading Strategy Part 2

    Wouldnt using a fixed stop reduce the future-proofness (might not be a word) of the system and just be a case or curve fitting? The Thursday filter does seem strange but if it works in the long run (not just over the last 4 weeks) why would you argue against it - i'm of the opinion that a...
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    GBP breakout system

    This week the system produced a net profit of $193 - mainly due to a nice trade on friday on the EUR. For the month of april, all instruments were prpfitable with GBP being the star. Performance closely mirrored that of the back-tested results which is always an encouraging sign. David
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    Buying at open/close

    Thanks for the reply. How would you recommned buying at the open then and selling at the close in order to get the best fill? I'd be using someone like tradestation as trading access. Thanks David
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    Buying at open/close

    Hi, I hope this isnt too much of a dumb question but can someone with more knowledge than me clear the following up for me: In regards to US stocks, if you place an order to buy at the open/close, do you still pay a spread or is there one settlement price at this time of the day? Thanks David
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    GBP breakout system

    Results for this week: (NET results so commission AND slippage included) 1) Combined - $304.38 profit 2) EUR - $300.68 loss 3) CHP - $11.82 profit 4) GBP - $593.24 profit In a nutshell, at the end of play on tuesday, we were up a tidy sum but unfortunately when Mr G and his little helper spoke...
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    GBP breakout system

    Trendie, If you wanna convert the results into pips (cant see why you would want to as your bank account doesnt show how many pips you made but how many $) for the EUR/CHP just divide the amount by 12.5 and for the GBP divide by 6.25. The results i posted INCLUDE commission (half a pip for...
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    GBP breakout system

    I thought i would mention that on the re-entry in the afternoon, this is not done blindly. What i mean is that you have to use a degree of common sense as to whether to re-enter the trade. As you are using a trend following system it should be fairly obvious as to what it is (i am not that...
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    GBP breakout system

    Last week, made a nice little profit of $467 incl slippage and commission. This week, it was the swiss franc and the euro that were the star perfomers with a real nice short trade on thurs morning.
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    Free trading videos

    Hi, Thought id let anyone know who follows this thread that in regards to the IBD 100 list, if you go to the website posted earlier on thats gives you the list for free, theres a link you can click on and that puts you on an email list that provides a .txt document with the weeks components...
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