10.4 A Complete System

[kwanann]

Well based on TraderDesk's analysis, yen will strengthen after the 11 of the month, so its quite possible.

[fx800]

Well based on TraderDesk's analysis, yen will strengthen after the 11 of the month, so its quite possible.

Well, based on his analysis, it was supposed to weaken at the beginning of the month. Instead, it did the opposite.

If it is that simple, we would all be rich.

So, trade the fundamentals at your own peril unless you know what you are doing.

[Gertje]

I would like to ask this though:

What is the best way to keep tabs on your percentage DD? Also, how do you tell what percentage of your total wins and losses are accounted for by any one currency pair?

I use the i-profit tracker to keep track of the DD and the trade analyser to...analyse the trades.
Both attached.

[kwanann]

Well based on TraderDesk's analysis, yen will strengthen after the 11 of the month, so its quite possible.

Well, based on his analysis, it was supposed to weaken at the beginning of the month. Instead, it did the opposite.

If it is that simple, we would all be rich.

So, trade the fundamentals at your own peril unless you know what you are doing.

Haha well i'm letting the EA trade it for me. since the rules are pretty clear, just want to see where indicator trading ends up. As i mentioned before, the CSS and RSI pretty much keeps you clear when things will/are going wrong.

So far it seems to be doing relatively well, much better than me manually trading, damm!

[aSushiRoll]

Kwanann which EA are you talking about exactly?

[pips400]

It's all about matching time frames with fundamentals. If you're scalpling on a 1 min/5min/15 min even a 1 H then fundamentals aren't top of the list of considerations. If we're trading intraday then that's very different to swing/longer term trading where fundamentals are the top consideration. If you're a trader that likes to get in and out very quickly then trade what you see, if you like to hold position then understand the fundatmentals.

[kwanann]

I would like to ask this though:

What is the best way to keep tabs on your percentage DD? Also, how do you tell what percentage of your total wins and losses are accounted for by any one currency pair?

I use the i-profit tracker to keep track of the DD and the trade analyser to...analyse the trades.
Both attached.

Gertje

Looking at your current trades, you seem to be quite overexposed on yen still...

[kwanann]

Kwanann which EA are you talking about exactly?

This one

http://www.stevehopwoodforex.com/phpBB3 ... =44&t=2488

My signature has it running on both fxprimus and GP

fxprimus is experimenting with fixed lot size, GP plays with risk %

Just want to see where this experiment ends up. So far doing pretty good, tempted to let it run on my actual account

[Gertje]

Gertje

Looking at your current trades, you seem to be quite overexposed on yen still...

Yep,

NZDJPY is still a leftover from last week.

[kwanann]

Gertje

Your call, i wont be doing any yen sells at this point though..