PipSqueezers Rainbow Evaluation Journal
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thread: PipSqueezers Rainbow Evaluation Journal

  1. #1
    Senior Member pochis's Avatar
    215

    PipSqueezers Rainbow Evaluation Journal

    Hello fellow traders,

    That is my first journal. I begin this diary to appraise this trading egy and which currency pairs fits best with this egy. After 12 months I shall examine this trading egy and the currency pairs.
    [Performance for May 2008 was roughly 10% (1028 pips) but won't be included in this journal]


    Rules: Daily review, between 17:00. .21:00 (est), all the [17] currency pairs off the daily charts and 240 min. Chart for conformation; The (soft) S/L is originally 100 pips/1% (GBP pairs 200 pips/1percent ) BUT if everything looks good then depart the commerce open and give it more space to get a maximum reduction of 200 pips/2%; Exactly the very same rules applies for profit taking: originally close the transaction if the transaction is currently 100 pips in profit BUT if the trade looks exhausted or if it goes against me then shut the trade immediately; When the transaction is about 50 pips or more in profit then move the (hard) S/L to break-even (B/E); Replace market order with cease order 10 pips under/above last low/high. Put stop orders at the queue (reveal here). Make additionally notes of this minimal required S/L, B/E and highest potential T/P for that specific trade. Discontinue order queue:
    Date Time Currency Pair Buy/Sell Price
    -------------------------------------







    Performance results will be updated here:

    s Rainbow Fund - Performance (in pips ):

  2. #2
    Senior Member pochis's Avatar
    215
    New trade 3, 1 two are still available.

  3. #3
    Senior Member pochis's Avatar
    215
    New transactions 4 5, 1 set in B/E and two 3 are still available.

  4. #4
    Senior Member pochis's Avatar
    215
    Trade 1 closed at B/E (about the pip and going 300 pips in my direction! - Insert next time 10 pips extra below/above B/E). Trade 3 closed for 75 pips. Trade 5 closed to 100 pips. Trade 2 are still available.

  5. #5
    Senior Member pochis's Avatar
    215
    New transaction 6, 2 4 are still open.

  6. #6
    Senior Member pochis's Avatar
    215
    Close trades 4 , 2 is still available.

  7. #7
    Senior Member pochis's Avatar
    215
    New commerce 7, two is still available...

  8. #8
    Senior Member pochis's Avatar
    215
    Closed trade 7, new trade 8, trade 2 still available.

  9. #9
    Senior Member pochis's Avatar
    215
    New trades 9 10, trades 2 8 still open.

  10. #10
    Senior Member pochis's Avatar
    215
    New transactions 11. .15, transactions 2, 8, 9 10 still available.

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