Testing of new method -
1 2 3

thread: Testing of new method

  1. #11
    Trade 3 Strategy 1: Cease moved to 1.2744
    Trade 3 Strategy 2: Cease moved to 1.2687

  2. #12
    Trade 3 Method 2: stop

  3. #13
    Trade 3 Method 1: Stop moved to 1.2669
    Trade 3 Method 2: Stop moved to 1.2654

  4. #14
    Trade 3 Procedure 2: Stop

  5. #15
    Although Trade 3 seems to be good, I already found some flaw in the machine once I do manual backtesting on 5 minutes chart...(the machine is excellent for selling but not for buying)
    so will rethink the system through....and quit testing this phase. .
    Will restart when I find the answer...

  6. #16
    Trade 3 Strategy 1: Cease moved to 1.2635
    Trade 3 Strategy 2: Cease transferred to 1.2614

    No trade for buy at this point....
    And will Attempt to figure it out and retest again

  7. #17
    Trade 3 Strategy 1 stopped in 1.2635 265PIPs
    Trade 3 Strategy 2 Stopped at 1.2614 286PIPs

    Trial of thought for buying order before market order stopped:
    Trade 4: Buy 1.2580 stopped out in 1.2547 -33PIPs
    As I thought it can solve the problem of buying orders, it got swiped from the news. So will need to test the buy order for the next round.

    Therefore wait for signal of Trade 5:
    will market if it stays below 1.2619 for more than 2 hours and cease in 1.2619

  8. #18
    Trade 5:-28PIPS

    Trade 6: Buy 1.2625 Stop 1.2558
    Trade 7: Sell 1.2643 Stop 1.2654

    Fundamental framework was altered after review (plus manual backtesting)
    Hopefully, there will be no more change from trade 6 onwards.

    PS. It is quite intriguing to find the trades over last few days as soon as it runs up and down around my paper trade stoploss level....If that is the true trade, then you would start to think about the stop hunting concept - it could possibly be true that lots of men and women are using quite similar calculation and put the stop over that area but it also may be true that those numbers are the authentic support and resistance level...

  9. #19
    Trade 6: stop transferred to 1.2600
    Trade 7: -11PIPs
    Trade 1-5: 156PIPs - BUT the system has transformed so PIPs will be deducted out of trade 6.

  10. #20
    Trade 19: Stop moved 1.2645

    What a big drop in Euro. . .this is what trend traders consistently await. . .It breaks the service line of euro on daily chart and supports that the head-shoulder pattern on each chart...

  •