As of 8:00 PM est, Monday, Sept 20, 2015: Current trade: EURCAD (buy) 180 units @ 1.49456; TP = 1.51456 (each pip = $0.0165 USD) Balance = $109.63 USD Unrealized P/L = -$1.64 Net Asset Value = $107.99 Margin Used = $4.03 (50:1 leverage) Margin ...

My Grid-Hedge Journal

As of 8:00 PM est, Sunday, Sept 20, 2015: EURAUD/EURCAD volatility ratio (13 wk ATR) = 1.20; Base number of units = 150 for EURAUD, therefore 150 x 1.2 = 180 units EURCAD EURCAD is above its 10-week EMA; placed market order to buy 180 units @ ...

My Grid-Hedge Journal

Hi Z, The 100 pip step is approximately 1/4th to 1/3rd of the weekly EURAUD and EURCAD ATR over the past 5 years. The manual backtest results were good; the monthly gain ranged from -2% to 8% over a 3 year testing period; average monthly gain was ...

My Grid-Hedge Journal

Hi skenobi... what do you mean by "judiciously drawn horizontal S/R lines"? From back-testing, it seems that S/R lines have an approx. 50% probability of being blown through as any other randomly drawn line on a chart... I do realize that ...

Is anyone here an institutional trader?

Nice job Bilstein... Spot on....Nobody can predict the future...no matter how many indicators are used, and whether Gann, Fibonacci, & S/R lines are drawn on a chart... Excellent... Dave

Trading Without a StopLoss

I think some folks on this thread need to give Fezmar a break... he shared what works for HIM, not claiming that his approach, mentally, would work for anyone else. Granted some are trying to fit Fezmar's approach into their own psyche, and ...

Extracted Thread (per thread starter's request)

Note: I originally sent this as a PM to Archie, but decided to post this for the sake of conversation and discussion. Hi Archie, I've been working on something similar to your first post.... basically looking at optimizing breakouts but on the ...

Stimulating Discussion on a non-conventional way of operating

very cool approach Archie! just out of curiosity, are you willing to provide the statistics for your method? How frequent did your patterns develop (i.e. was there a large sample size (number of patterns) so that the statistics are meaningful?) Is ...

Stimulating Discussion on a non-conventional way of operating

David! Hope all is well with you and your family! Dave Lansing, MI

Hanover replies to PMs

Update as of 5:00 pm EST, 9/17/14 Current month start date: 8/19/14 Current month end date: 9/17/14 End of Month 4 Account balance (8/19/14): $213.60 Account balance (9/16/14): $227.78 Current month's %gain = 6.6% Floating P/L = -$49.65 Net Asset ...

My multi-currency trade journal

Yes J-F, Its been quite a ride! Dave

My multi-currency trade journal

Update as of 8:30 pm EST, 9/16/14 Current month start date: 8/19/14 Current month end date: 9/17/14 Month 4, Day 24 Account balance (8/19/14): $213.60 Account balance (9/16/14): $227.36 Current month's %gain = 6.4% Floating P/L = -$47.05 Net Asset ...

My multi-currency trade journal

Update as of 8:30 pm EST, 9/15/14 Current month start date: 8/19/14 Current month end date: 9/17/14 Month 4, Day 23 Account balance (8/19/14): $213.60 Account balance (9/15/14): $225.57 Current month's %gain = 5.6% Floating P/L = -$47.92 Net Asset ...

My multi-currency trade journal

image Updated WEEKLY composite indices for USD and JPY Slope of the 12-week trendline suggests: USD = DOWN = USD strength = longer-term money flow into the USD JPY = UP = JPY weakness = longer-term money flow out of the JPY

My multi-currency trade journal

image Updated WEEKLY composite indices for EUR, GBP, CHF. Slope of 12-week trendline: EUR = UP = EUR weakness = longer-term money flow was out of the EUR GBP = UP = GBP weakness = longer-term money flow was out of the GBP CHF = UP = CHF weakness = ...

My multi-currency trade journal

image Updated WEEKLY composite indices for AUD, NZD, CAD. Slope of 12-week trendline: AUD = DOWN = AUD strength = longer-term money flow was into the AUD NZD = UP = NZD weakness = longer-term money flow was out of the NZD CAD = DOWN = CAD strength ...

My multi-currency trade journal

image Updated money flow indices for USD and JPY. The 5-day trendline for the USD is sloping downwards indicating recent short-term money flow into the USD. On the other hand, the 5-day trend for the JPY is sloping upwards indicating recent ...

My multi-currency trade journal

image Updated money flow indices for AUD, NZD, and CAD. 5-day trend for each index is up (index weakness), indicating recent short-term money flow out of these quote currencies.

My multi-currency trade journal