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Zondervan replied Apr 5, 2015Trade #9 Sell EURAUD @ 1.43974 SL 1.44535 (56.1 pips) TP 1.42866 (110.7 pips) Chart H1
100% Mechanical Trading Journal
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Weekly Average System
Started Apr 4, 2015|Trading Journals|12 replies
This journal is to test my Weekly Average System. The system is based on the Weekly timeframe ...
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Zondervan replied Apr 4, 2015Ok so...still no winning trades. Worst looking TE on FF!! But moving on, I still think this system has potential. I will give it one more week. If no winning trades this week, I will park it for now. My system says Sell EURAUD on Monday- not sure ...
100% Mechanical Trading Journal
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Zondervan replied Apr 1, 2015Trade #8 Buy AUDUSD @ 0.76027 SL 0.75626 (40.1 pips) TP 0.76820 (79.2 pips) Chart H1
100% Mechanical Trading Journal
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Zondervan replied Mar 30, 2015Trade #7 Buy AUDJPY @ 91.860 SL 91.472 (38.7 pips) TP 92.624 (76.4 pips) Chart H1
100% Mechanical Trading Journal
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Zondervan replied Mar 29, 2015Hi jen101, thanks for your comment. I'm not actually a fan of moving stops (or take profits), as I think statistically it makes you less profitable. Researches say letting your winning trades run and cutting your losing trades is more profitable ...
100% Mechanical Trading Journal
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Zondervan replied Mar 26, 2015Ok so far results are terrible. So I have spent some time working through my trades. I have worked out a statistical filter to hopefully filter out losing trades and allow my winning trades to actually win. To do this I have introduced a second ...
100% Mechanical Trading Journal
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Zondervan replied Mar 19, 2015Trade #6 Buy USDJPY @ 120.695 SL 120.472 (22.3 pips) TP 121.365 (66.9 pips) Chart H1
100% Mechanical Trading Journal
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Zondervan replied Mar 18, 2015No trade today as my system didn't generate a trading pair. Back tomorrow

100% Mechanical Trading Journal
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Zondervan replied Mar 18, 2015Hi Nevie2, thanks for your interest. My 60-70% win ratio is based on previous statistics. I know looking at my trade explorer you would think my system is failing. But actually if you look at the individual trades that I have posted, price has hit ...
100% Mechanical Trading Journal
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Zondervan replied Mar 17, 2015No trade today as my system didn't generate a trading pair. Back tomorrow

100% Mechanical Trading Journal
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Zondervan replied Mar 17, 2015Trade #6 Buy EURGBP @ 0.71200 SL 0.71036 (16.4 pips) TP 0.71691 (49.1 pips) Again unfortunately no trade as my demo ask price just missed my entry- however on my live account trade worked out perfectly. Chart H1
100% Mechanical Trading Journal
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Zondervan replied Mar 16, 2015Unfortunately price missed my entry, but easily hit my TP. No trade Chart H1
100% Mechanical Trading Journal
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Zondervan replied Mar 15, 2015Trade #6 Buy GBPJPY @ 178.661 SL 178.274 (38.7 pips) TP 179.822 (116.1 pips) Chart H1
100% Mechanical Trading Journal
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Zondervan replied Mar 13, 2015SL hit. Another loss, but I will continue to the end of the month. I'm still confident my system will become profitable soon?
H1100% Mechanical Trading Journal
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Zondervan replied Mar 12, 2015Trade #5 Buy EURNZD @ 1.43768 SL 1.43298 (47.1 pips) TP 1.45180 (141.2 pips) Chart H1
100% Mechanical Trading Journal
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Zondervan replied Mar 12, 2015SL hit. However TP was also easily hit, so after testing for a month I may find I need adjust my entry SL and TP a bit. 4 losses! no wins! a terrible start. I still believe in my system though and will continue testing till the end of the month. ...
100% Mechanical Trading Journal
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Zondervan replied Mar 11, 2015Trade #4 Buy EURUSD @ 1.05381 SL 1.05094 (28.7 pips) TP 1.06240 (86 pips) Chart H1
100% Mechanical Trading Journal
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Zondervan replied Mar 11, 2015Trade #3 Sell USDJPY @ 121.179 SL 121.378 (19.9 pips) TP 120.583 (59.7 pips) SL hit. Not a great start, 3 losing trades. However I believe my system will become profitable soon! Chart H1
100% Mechanical Trading Journal
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Zondervan replied Mar 9, 2015No trade today as my system didn't generate a trading pair. Back tomorrow

100% Mechanical Trading Journal