ICC Forex System testing

GMP

Established member
Sep 4, 2007
773
2
Morning Pip Report:
£$ +62
€$ -40 +28
€£
£¥ +56
€¥ -40 +24

Ft -12

total: +78

Big turnaround in the Euro this morning with far better German data than expected, followed by strong UK data. Still too quick to close a profitable trade - two centuries available on the sterling pairs. Need hypnotherapy or something.
 

GMP

Established member
Sep 4, 2007
773
2
Morning Pip Report:
£$ -3
€$ -9
€£ +8
£¥ --
€¥ +34
$¥ --
Ft --

total: +30
Pretty flat morning - happy to have made a profit.
 

GMP

Established member
Sep 4, 2007
773
2
thinking out loud:
trawler fishermen don't expect to catch a whole shoal of fish, they just need to net enough to make a living... likewise, I don't need to catch every pip of a move, I just need to make a profit - what a market does after I exit is immaterial if I've made a decent gain
 

GMP

Established member
Sep 4, 2007
773
2
Morning Pip Report:
£$ -24 -37 +9
€$ -21
€£ -15 -18
£¥ -14
€¥ -18 +41
$¥ --
Ft +10

total: -87

In trading, you have to take the rough with the smooth, but I lost 7 out of 7 trades for -147 pips to start with this morning, and that's as rough as I want to experience it, thankyou. Had a feeling it'd be choppy with no real news 'til the US durable goods figures due lunchtime, but it turned into a perfect anti-fit for my system.
Well overdue a morning like this, but it's always a bugger to take when it happens.
 

GMP

Established member
Sep 4, 2007
773
2
Morning Pip Report:
£$ +1
€$ +10 -2
€£ --
£¥ +14
€¥ --
$¥ --
Ft +10

total: +33
More cautious this morning; tedious flatlining
 

GMP

Established member
Sep 4, 2007
773
2
11.30 finish:
£$ -15* +10
€$ +7
€£ --
£¥ +20
€¥ +20
$¥ --
Ft -13 +6

total: +35


*wrong entry
40 pips' worth of missed entries... need to work on my teabreak timing
 

GMP

Established member
Sep 4, 2007
773
2
Morning Pip Report:
£$ -3
€$ -16 +3 -6
€£ --
£¥ +20 0 -4 -2
€¥ -14 -5 -10 +5 +5
$¥ --
Ft --

total: -27


Only decent mover was sterling but I wasn't in place early enough to catch the entries. Otherwise, complete & utter August frustration.
 

GMP

Established member
Sep 4, 2007
773
2
Morning Pip Report:
£$ +10 (+32)
€$ +10 (+20) -3
€£ -4 +5
£¥ -13
€¥ -11 -8
$¥ +15 (+23)
Ft --

total: +1(+41)

First day using MxvldiffUniv 64/400 levels, as stumbled across yesterday p.m. Strict 10/15/20 targets vs.(notional exits)
 

GMP

Established member
Sep 4, 2007
773
2
EOD Pip Report:
£$ +10(+32) +10(-11)
€$ +10(+20) -3 +10(-14)
€£ -4 +5
£¥ -13 +20(-3)
€¥ -11 -8 +20
$¥ +15(+23)
Ft --

total: +61(+33)

Strict 10/15/20 targets vs.(notional exits where different)
Predictable that the post-US open results differ from the morning - far better off using targets this afternoon, and far better off using conditional exits this morning.
 

GMP

Established member
Sep 4, 2007
773
2
Morning Pip Report:
£$ +36
€$ +54
€¥ +20
Ft -10 -7

total: +93

Intending to focus on these four for the rest of August. The drop-off in volume makes results less useful, but at least these markets retain some semblance of normality.
Nice clear morning for once.
 
Last edited:

GMP

Established member
Sep 4, 2007
773
2
Junking this - classic case of reading too much into light volume market behaviour.

EOD Pip Report:
£$ +10(+32) +10(-11)
€$ +10(+20) -3 +10(-14)
€£ -4 +5
£¥ -13 +20(-3)
€¥ -11 -8 +20
$¥ +15(+23)
Ft --

total: +61(+33)

Strict 10/15/20 targets vs.(notional exits where different)
Predictable that the post-US open results differ from the morning - far better off using targets this afternoon, and far better off using conditional exits this morning.
 

GMP

Established member
Sep 4, 2007
773
2
EOD Pip Report:
£$ +36 +38
€$ +54 +19
€¥ +20 +52
Ft -17

Afternoon as smooth as the morning. Funny how when you tweak a system, its first day or two works like a charm. Tough to envisage these results being repeated.
 

GMP

Established member
Sep 4, 2007
773
2
Friday Morning Pip Report:
£$ -4 +18
€$ -10 +10 +2
£¥ +10
€¥ +12
Ft -20 -3

total: +15
Couldn't resist £¥...probably should resist Ftse
 

GMP

Established member
Sep 4, 2007
773
2
Morning Pip Report:
£$ -2
€$ -7 -9 +8
£¥
€¥ +5 -3 +8
Ft

total: 0
Encouragingly small losses on a becalmed morning.