1, LOL? Is 2.9% yield. I enjoy it!!
1 st week wrap up...
10 transactions, last five transactions were not implemented according to the most important plan. 3 of these were brake. Market gave me opportunity to shut all in green however I decided to take a risk.
Current status of equity/balance: 29 EUR or 180 percent growth to the first week.
If equity could be larger and this wouldn't be Friday I'd depart transactions available.
How easily it is for the market to turn around. If I have played with my method I'd be in lots of green. But nonetheless GBP shorts are at record high. I anticipate GBPJPY to start with the gap down, or perhaps to collapse a week. Pix is from Forexlive.
You have a fantastic chart, many green pips to you personally.Originally Posted by ;
The chart is nice but seemingly meaningless.Originally Posted by ;
The top of the triangle is 131.66, if price continue to rise it will brake the triangle formation and many probably continue to rise. In that case I am toast.
Blown. Cash went down the drain. Reloaded with 10 EUR. I missed the projection by 14 pips. Kuroda can help I'm sure pushing price a bit higher...
http://news.forexlive.com/!/kuroda-a...ation-20160828
Try number 2: dismissed . I went to some 150% profit. Over leveraged and bad entrance, not according to the egy.
I needed to rethink MM. Produced a new egy. New deposit is 100 EUR. Account increase projection is between 10-24% per week. Goal is 1% per trade/25 pips roughly.
Week 1 on the 3rd account: 99% (funding 200 EUR, 490 pips neto, in 24 trades)
Week 2 over the 3rd account: 24 percent (funding 248 EUR, 434 pips neto, in 23 trades)
Cumulative: 146 %, 47 trades - no lost trade
100 EUR foundation funding with 24% per month would provide 1M in 1 year. Fantasy, but it'll try.
100 EUR foundation capital with 10-11% per month will give 1M in a couple of years. Another fantasy
After GBPJPY fell 260-280 pips I have interested in a little long position. 3 trades all green. I am certain that price will go up, but in accore with my plan that is the amount. So stats to the 3rd week are: 29 percent (capital currently: 321 EUR, 767 pips neto this week, in 24 trades.
I prepared some trades however, price went. Since I'm confident about management, but not the entry level I opened a couple trades. Trades in green are all closed. End of the next week new stats:
Week 3 to the 3rd account 32 percent (capital now: 328 EUR, 854 pips neto this week, in 27 trades)
Beginning Capital for your 3rd account: 100 EUR
Week 1 to the 3rd account: 99% (funding 200 EUR, 490 pips neto this week, in 24 trades)
Week 2 on the 3rd account: 24 percent (funding 248 EUR, 434 pips neto this week, in 23 trades)
Week 3 to the 3rd account: 32% (funds currently: 328 EUR, 854 pips neto this week, at 27 trades)
Week 4 to the 3rd account 30 percent (funds currently: 427 EUR, 1116 pips neto this week, at 24 trades). All trades are closed.
Cummulative profit for a month 1 is: 324%,
2893 neto pips in 98 trades - no lost trade so far.
Average commerce pips is 30.2, average winning trade 1.2%, 64% time in commerce average commerce duration is 15h.
I over-laveraged at the past set of trades. I had been convinced but got in with a set of trades NOT spaced. There was no panic, marked went on equity into some draw dawn that is 15%I did not feel comfy. I need to fix this.