EURGBP
Loss trade
-0.9 Percent
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EURGBP
Loss trade
-0.9 Percent
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Trade entries for TS Order 3-#2-S6
EURUSD
GBPUSD
EURGBP
AUDCAD
EURCAD
EURAUD
GBPCAD
CADCHF
GBPCHF
Terminal entries (all trades placed manually)
Risk per Trade reduced to 0.8% per trade (previous 1.2 Percent less stepsize of 0.4 Percent = 0.8% with This Particular Installment) due to previous cycle Becoming a net Reduction.
Total assumed risk over the 9 entries is 7.2% (approx).
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TS Order 3-#2-S6
TS1: EURUSD GBPUSD = EURGBP
TS2: AUDCAD EURCAD = EURAUD
TS3: GBPCAD CADCHF = GBPCHF
Risk per Trade @ 0.8 Percent
SL @ 1.5*Octave Gap
Entry Installment time from the London/NY crossover.
ps. Selection of pair management used a combination of factors.
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The TS Order 3 will probably be traded very soon in the London/NY cross over.
All of 9 charts such as the terminal entrances will be posted at the time of installation.
Notice: This is an evaluation demo account for the MTTTM egy so keep that in mind until you get trigger happy with subsequent trades.
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Summary of TS Order 3-#2-S5 (the 5th setup)
TS Order 3-#2-S5
TS1: EURUSD GBPUSD = EURGBP
TS2: AUDCAD EURCAD = EURAUD
TS3: GBPCAD CADCHF = GBPCHF
8 trades started
1 pending order [EURCAD] stays busy (BUT NOT triggered)
Updated data indies the closing completed trade:
Total setup risk was 10.8 percent (1.2 percent risk per trade on a potential 9 entries) .
9 trades from 9 triggered so all risk in play.
0 winners @ 0%.
9 winners @ -1.3%, -1.3%, -1.3%, -1.3%, -1.2%, -1.2%, -1.3%, -1.2 and -1.2%.
Net Cycle (Gain/Loss) = (0.0 )% - (1.3 1.3 1.3 1.3 1.2 1.2 1.3 1.2 1.2 ) percent = 0.0% - 11.3 percent = -11.3 percent (approx).
Note that the total assigned reduction should have been near 10.8 percent (1.2 percent per trade * 9 trades) however an excess of about 1/2% occurred.
A net losing cycle of -US$ 1435.59 induces the account balance to decrease which currently stands at $11 613.95.
16.1% profit on the account.
ps. This post was updated (edited) to signify the conclusion of the last trade (EURCAD).
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EURUSD
reduction trade
-1.3%
AUDCAD
reduction trade
-1.2%
Note: EURCAD pending order will remian active from the system because its risk has been accounted for; it may be deleted at a considerably later date (PA??) .
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All entrances were correct at the time of installation.
Actually I made an entrance to the CADCHF pair (bigger Octave Gap) simply to see a sudden reduction so I shut out the entrance (shown below) and put another order applying the upgraded Octave Gap.
The octave also shifted for the EURCAD pending order so I deleted it out and implemented another pending order according to the upgraded MML Grid data.
In MML installments using the reduce TF's the Octave Gaps will update at a much greater frequency compared to the HTF's (its calculation based afterall).
Average Octive Gaps (others do exist) on pairs exchanged are 7.6 pips, 15.3 pips, 30.5 pips and 61 pips for an M15 P=64, MMPeriod=60 and StepBack=0 installation.
On another TS Order 3 installment I will post screenshots of pairs after the transactions complete and contain the before and after terminal entrances.
Thank you for going through the setups and offering your opinions.
ps. This was one of the fastest 6 commerce losses (about a 4 hour interval) in a TS Order 3 to date however there is 1 commerce still running and two pending orders so closing results may vary and be better or worse.
pps. Something worth contemplating is applying a bigger minimum Octave Gap for example 30.5 pips (SL @ 1.5*Octave Gap is just over 45 pips) but ofcourse the TP also gets pushed much farther out so it will become a case of needing to make a decision between too little or too large of a stop.
ppps. To an alert trader they should be able to very quickly identify an integral monitoring as to the quick losses .... Hint?
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Hello ,
I assess the last transactions you have placed and I believe you've got wrong stop calculation put in CADCHF and GBPCHF,
BOTH are less than an octave or else they changed in the last couple of hours dependent on the screenshoots you place??
Also CADCHF was market but between 1/8 and 2/8?? Take profit way out of octaves?
EURGBP
Loss trade
-1.3 Percent
CADCHF
Loss trade
-1.3 Percent
GBPCAD
Loss trade
-1.3 Percent
GBPCHF
Loss trade
-1.3 Percent
EURAUD
Loss trade
-1.2 Percent
GBPUSD
Loss trade
-1.2 Percent
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The H1 TS Order 3-#3-S1 entries will be summarized and also traded later today.
Key criteria is as follows:
1. Symbol (currency pairs remain the preference any other deemed to provide a correlated prejudice one way or the other);
2. Symbol alternative criteria
(a) PA at Grid gt; ADR
(b) SL minimum of 50 percent ADR
(c) Multiplier range gt;=1 to 2 lt;=two
(d) Octive Gap gt; 30 pips
3. Triple triangulated format (9 pairs);
4. TF = H1;
5. P = 128;
6. MMPeriod = 120;
7. StepBack = 0;
8. Entrance at MML price line;
9. SL and TP to remain within the relevant MML Grid (Trading Frame);
10. Reward to Risk ratio of 4 to 1.
11. Favorable net cycle ==gt;gt; step 0.2 percent per trade on following TS Order 3;
12. Negative net cycle ==gt;gt; step -0.4 percent per trade on following TS Order 3;
13. Closures possible at week end, month end or when floating gain is gt;#1% of Equity
Note 1: Point #2 - It may not always be possible to satisfy this criteria at the forming of triangulated pairs.
Note 2: Modifiions to your trade setups could be needed however they should be lessened as much as you can.
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