You will notice from the (very) early results that my win rate seems to be decent and I'm basically treading water. (I know that the current pip tally is negative, but I'm currently sitting on a few winners that have yet to reach conclusion.) For ...

Bytebodger's Pip-Burning Journal

Trade update (new trades in bold): Buy 1 CADJPY @ 108.33, SL @ 108.46 Buy 1 EURJPY @ 162.75, SL @ 162.85 = stopped out @ 162.84 (+9) Buy 2 NZDUSD @ 0.7391, SL @ 0.7353 Sell 1 USDCAD @ 1.1088, SL @ 1.1088 Buy 1 USDJPY @ 120.31, SL @ 120.31 = stopped ...

Bytebodger's Pip-Burning Journal

Trade update (new trades in bold): Sell 1 AUDNZD @ 1.1305, SL @ 1.1298 = stopped out @ 1.1297 (+8) Buy 1 CADJPY @ 108.33, SL @ 108.33 Buy 1 EURJPY @ 162.75, SL @ 162.85 Buy 2 NZDUSD @ 0.7391, SL @ 0.7353 Sell 1 USDCAD @ 1.1088, SL @ 1.1088 Buy 1 ...

Bytebodger's Pip-Burning Journal

Trade update (new trades in bold): Sell 1 AUDNZD @ 1.1305, SL @ 1.1298 Buy 1 CADJPY @ 108.33, SL @ 108.33 Buy 1 EURJPY @ 162.75, SL @ 162.78 Buy 2 NZDUSD @ 0.7391, SL @ 0.7353 Sell 1 USDCAD @ 1.1088, SL @ 1.1088 Buy 2 USDJPY @ 120.31, SL @ 120.31 = ...

Bytebodger's Pip-Burning Journal

Trade update (new trades in bold): Buy 2 EURGBP @ 0.6828, SL @ 0.6821 = stopped out @ 0.6821 (-14) Buy 2 AUDUSD @ 0.8336, SL @ 0.8344 = stopped out @ 0.8344 (+16) Sell 1 AUDNZD @ 1.1305, SL @ 1.1305 = closed 1 @ 1.1289 (+16) Buy 1 CADJPY @ 108.33, ...

Bytebodger's Pip-Burning Journal

Trade update (new trades in bold): Buy 2 EURGBP @ 0.6828, SL @ 0.6819 Buy 2 EURCAD @ 1.5044, SL @ 1.5029 = stopped out @ 1.5029 (-30) Buy 2 AUDUSD @ 0.8336, SL @ 0.8307 Sell 2 AUDNZD @ 1.1305, SL @ 1.1343 Buy 2 CADJPY @ 108.33, SL @ 107.88 Buy 2 ...

Bytebodger's Pip-Burning Journal

Trade update (new trades in bold): Buy 2 EURGBP @ 0.6828, SL @ 0.6817 Buy 2 EURCAD @ 1.5044, SL @ 1.5024 Buy 2 AUDUSD @ 0.8336, SL @ 0.8299 Sell 2 AUDNZD @ 1.1305, SL @ 1.1353

Bytebodger's Pip-Burning Journal

The 1-hour is placed on the chart in the usual way. To get the 4-hour on the chart, go to View -> Navigator. From the Navigator window, find the custom indicator (mine is called #MTF_PSar) and drag it onto the chart. When you drag it onto the chart, ...

Bytebodger's Pip-Burning Journal

Trade update (new trades in bold): Buy 2 EURGBP @ 0.6828, SL @ 0.6814 Buy 2 EURCAD @ 1.5044, SL @ 1.5022 Buy 2 AUDUSD @ 0.8336, SL @ 0.8299

Bytebodger's Pip-Burning Journal

First trade — Here is the first trade in my journal: Buy 2 EURGBP @ 0.6828, SL @ 0.6813 If you look at my attached chart, will see that I'm looking at an hourly chart. Aside from basic price bars, I use an MTF Parabolic SAR indicator and ...

Bytebodger's Pip-Burning Journal

I just love the fact that bluebuddha (bb) actually has this posted in his signature now.

Bodger SAR Method

IMHO, if you're going to trade exotic pairs you definitely must go with an ECN broker. The dealing-desk brokers apply ridiculous, artificial spreads to these pairs. I'm logged into MB Trading right now and GBPJPY is 1 pip. Of course, if you're tied ...

Tight spread broker for Gbp/Jpy

Well, I haven't been doing that right now. I've only been taking the initial reversal. However, I have it as a task to figure out whether it is more/less profitable to take some of the smaller 1-hour reversals that are encompassed by the 4-hour ...

Bodger SAR Method

Awww, darn it!! I screwed up my numbers as well. Back to the drawing board. Aaarrrggghhhh....

Bodger SAR Method

That is taken from MS Excel. As you know, I can program my own backtests, but I haven't yet figured out how to calculate the PSAR values - so I've just compiled these results manually.

Bodger SAR Method

Trade update: Sell GBPUSD @ 1.9910, SL @ 1.9976 = stopped @ 1.9802 (+108) Sell EURJPY @ 161.76, SL @ 162.46 = still open, SL moved to 162.01 Sell EURCHF @ 1.6462, SL @ 1.6495 = still open, SL moved to 1.6453 Sell AUDUSD @ 0.8269, SL @ 0.8306 = still ...

Bodger SAR Method

Preliminary backtesting results — I just finished backtesting this against EURUSD only and only for the period from July, 2004 to June, 2005. I will do the entire backtest from 2004 to the present, but I'm getting pretty tired and I can't ...

Bodger SAR Method

Trade update (new trades in bold): Sell GBPCHF @ 2.4224, SL @ 2.4325 = stopped @ 2.4163 (+61) Sell GBPUSD @ 1.9910, SL @ 1.9976 = still open, SL moved to 1.9802 Sell EURJPY @ 161.76, SL @ 162.46 = still open, SL moved to 162.23 Sell EURCHF @ 1.6462, ...

Bodger SAR Method

Trade update (new trades in bold): Buy EURGBP @ 0.6803, SL @ 0.6775 = closed @ 0.68085 (+5.5) Sell GBPCHF @ 2.4224, SL @ 2.4325 = still open, SL moved to 2.4176 Sell GBPUSD @ 1.9910, SL @ 1.9976 = still open, SL moved to 1.9825 Sell EURJPY @ 161.76, ...

Bodger SAR Method