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Embry1 replied Aug 21, 2017So you have to set a profit lock percentage, I'm a fan of 70%. So for example if you don't set a TP and profit lock at 100 pips at 70% with a 20 pip step then once the basket hits 100 pips, it will set your SL at 70 pips. However if it keeps going ...
(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
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Embry1 replied Aug 21, 2017I really hate to eliminate an entire day, I've had some mondays do well but I guess it's usually not too great. Really don't like starting the week in red.
(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
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Embry1 replied Aug 21, 2017It's impossible to predict reverse days. You just have to accept that they do happen sometimes and to make sure you're green on all the other days lol.
(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
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Embry1 replied Aug 21, 2017Wow a bloodbath day, maybe that's why Monday is forbidden for some people. Last night's tokyo basket did okay but I didn't expect everything to be red today. Always seems to play out that way when I decide to take a basket live lol.
(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
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Embry1 replied Aug 20, 2017Keep me updated on that 11:30 GMT I would almost imagine a reverse basket would work at that time but who knows. And yes one of the things I like most about forex is that you're pretty much just taking money from the banks lol.
(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
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Embry1 replied Aug 20, 2017All set up for the week, hopefully we have some green pips ahead. I will be running some of the baskets live this week and I'll post updated templates for the most profitable baskets closer to the end of the week so we can have proper testing. ...
(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
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Embry1 replied Aug 18, 2017It would be a real winner with a similar win rate at 150 TP 100 SL
(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
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Embry1 replied Aug 18, 2017That's a very good win ratio, and yeah I know what you mean with the SL you can't really have a 50 pip SL and include spreads. Have you tried your basket with a 100 pip TP?
(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
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Embry1 replied Aug 18, 2017For me personally the R:R has to at least be 1:1. Any less than that and you risk having a streak of bad baskets and blow up an account. With 1:1 or higher with a win rate of 60% it would take quite an enormous string of bad luck to wipe an account.
(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
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Embry1 replied Aug 18, 2017Monthly creeping up on a 1:1 R:R which isn't bad for August. Again monthly isn't my cup of tea for scaling an account but if you treat this like a passive investment it could be rewarding.
CCFp weekly signals (set and forget basket trading)
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Embry1 replied Aug 18, 2017Here's the thing, you shouldn't trade all CAD pairs because there's still structure in the way. Not every CAD pair is going to act the same way and that's why CCFp filters out the ones that don't have the best potential. If you want more pips, run ...
(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
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Embry1 replied Aug 18, 2017One thing I've noticed is that TO is consistently worse for all my baskets. Some still hit profit of some kind but the DD will be much worse for TO than LO.
(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
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Embry1 replied Aug 18, 2017This is the best set up so far, 600 pips TP and SL. Could probably use a smaller SL but it's still in testing.
CCFp weekly signals (set and forget basket trading)
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Embry1 replied Aug 18, 2017Yeah you caught some good news for those signals, that's what paying attention to the signals and using them to your advantage will do. Good job.
(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
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Embry1 replied Aug 18, 201707:00 GMT but I would have avoided a lot of DD starting on the 2nd or 3rd day of the month.
CCFp weekly signals (set and forget basket trading)
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Embry1 replied Aug 18, 2017This basket is a little off topic due to the fact that I've been testing it weekly. However, the basket has performed extremely well on Monday of each week so I will set a TP around 700-800 on Monday and see what we get. I may turn it into a Monday ...
(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
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Embry1 replied Aug 18, 2017I am, so strangely enough without EQB performed slightly better on both TO and LO. I'll continue to test EQB on it but the DD on the original basket was absolutely beautiful today, no complaints.
(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
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Embry1 replied Aug 18, 2017No those are real demo trades and the 56 pips INCLUDES spread. I've never used the virtual basket, don't care for it.
(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
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Embry1 replied Aug 18, 2017Also we have hit the best R:R since inception of this idea. Lets give it up for the 1:10 R:R!! Absolutely insane. The basket always performs well at LO, has been decent at TO but has only hit SL once. Could have squeezed some more pips but I believe ...
(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
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Embry1 replied Aug 18, 2017FIFO bit the big one for TO and LO unfortunately. Honestly I thought my basket was too but holy cow did it recover from TO and absolutely destroy LO. Still trying to figure out FIFO, it performed really well earlier this week. There's a couple ...
(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO