Results for AUD basket= Aggregate loss of 19 pips I will try again tomorrow- might need to check a few numbers

Trading a single currency basket

Single Currency Basket System. The weakest Currency Basket since the Daily Open (EST 17:00) has been AUD. I have waited for price to pullback and have now sold the AUD basket. I will close this trade basket at 05:00 EST and post results.

Trading a single currency basket

Results for AUD basket= Aggregate loss of 370 pips! I will try again tomorrow-

Trading a single currency basket

Testing my single currency basket system (using 0.01 lots in the attached trade explorer) The weakest Currency Basket since the Daily Open (EST 17:00) has been AUD. I have waited for price to pullback and have now sold the AUD basket. I will close ...

Trading a single currency basket

My original system didn't do so well last month but I will stick with it as it is starting to make some good profit again and I think over time it will perform pretty well. But as I previously mentioned it only gives one signal to trade every few ...

Trading a single currency basket

The EA just runs on one chart and will monitor all open trades. My settings are: EquityLossMoney 180 EquityProfitMoney 340 IncludeCommissionAndSwap false everything else is set to O

Trading a single currency basket

Hi tradeforlife, I analyse daily and only place a maximum of ONE trade basket per day. In an hour or so I will place my next basket trade (sell JPY) There will be 3 outcomes to this basket trade: 1) Basket SL hit lose $180 (this tends to happen ...

Trading a single currency basket

The EA I use is called equity sentry. I just found it by searching google. However there are a number of dashboards here on forex factory that do the same thing. You can set an equity SL and TP (plus a million other things!)

Trading a single currency basket

Hi tradeforlife, I use daily close prices on each pair (21 pairs) which are put into an excel spread sheet. I have set excel to calculate the winners and losers of each currency against the other 6 currencies. This gives me a currency demand order ...

Trading a single currency basket

Hi jmtini, thanks for your concern re live trading. Yes at the moment I am only testing on demo. However this is my final month of testing. I have back tested this system over the past couple of years and forward tested it for a number of months on ...

Trading a single currency basket

Thanks Flipper- wow you must be very much in tune with the market if you are hearing music!! I have found that I am not that good at picking exactly the right currency to trade against. I might think the market is risk adverse and sell NZD against ...

Trading a single currency basket

Thanks for your input it is greatly appreciated! Great idea to create bullish and bearish currency lists. I'm afraid my fundamental knowledge is only very rudimentary. My favourite website is url it is an amazing resource. Regarding trading ...

Trading a single currency basket

According to my system JPY is coming to the end of its demand cycle. So one hour after the market opens next week I will place the following trade: Buy USDJPY 0.1 lot Buy EURJPY 0.1 lot Buy GBPJPY 0.1 lot Buy CADJPY 0.1 lot Buy AUDJPY 0.1 lot Buy ...

Trading a single currency basket

Hi Traderlarry, thanks for your reply. It would be good to have an EA to open all 6 trades at the same time but at the moment I manually open trades one after the other as quickly as possible using the one click setting. I open a 1 hour chart on all ...

Trading a single currency basket

Currency Basket #4 Sell AUD EA closed all trades @ -$2500 Starting Balance $57,984 Loss $2553 Closing Balance $55,431

Single Currency Basket Trading

Currency Basket #3 Sell EUR Manually closed all trades around 3 hours after London open Starting Balance $55,425 Profit $2559 Closing Balance $57,984

Single Currency Basket Trading

Hi Kraven. Thanks for your interest. I have my own currency strength indicator that I made in excel (I don't know how to code- wish I did!). But Excel seems to do everything I need it to do for now. It took me a while to work out, but I figured out ...

Single Currency Basket Trading

Currency Basket #2 Sell JPY Manually closed all trades before London opening Starting Balance $52,678 Profit $2747 Closing Balance $55,425

Single Currency Basket Trading