Relativity's Trading Log + System Foward Test

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Relativity
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Relativity's Trading Log + System Foward Test

Postby Relativity » Mon Feb 14, 2011 1:42 pm

I need more discipline while also need to test my current system at max possible. Criticism is very welcomed. Here goes!

I think I am doing pretty well, getting by with lots sizing. But looking to improve trade win/loss.

I don't care about pips anymore. P/L matters. When I find consistency with the micro account, then I will move to mini with additional capital.

** Current Scoreboard Removed : I am happy with the results, but will post any interesting findings **
Last edited by Relativity on Sun Mar 06, 2011 5:31 pm, edited 37 times in total.

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Relativity
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Postby Relativity » Mon Feb 14, 2011 1:49 pm

AUD/USD
Open 1.00074
Stop 0.99970
Limit 1.00174
Open Time 14/2/2011 07:56 (Broker Time @ UTC)
**REACHED TARGET PROFIT @ 14/2/2011 09:00 (Broker Time @ UTC)**

USD/JPY
Open 83.458
Stop 83.560
Limit 83.358
Open Time 14/2/2011 07:50 (Broker Time @ UTC)
**REACHED TARGET PROFIT @ 14/2/2011 09:06 (Broker Time @ UTC)**
Attachments
02.png
AUDUSD Minor TF
02.png (192.06 KiB) Viewed 2113 times
02a.png
AUDUSD Major TF
02a.png (184.24 KiB) Viewed 2113 times
01.png
USDJPY Minor TF
01.png (190.7 KiB) Viewed 2113 times
01a.png
USDJPY Major TF
01a.png (181.65 KiB) Viewed 2113 times

Relativity
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Postby Relativity » Mon Feb 14, 2011 10:12 pm

EUR/USD - short
Seems to be setting up to resume down trend... decide to try and scalp this to see what i can learn. FYI interesting findings when you see USDJPY and AUDUSD. Looks like almost same setup?
Open 1.34860
Stop 1.34968
Limit 1.34760
Open Time 14/2/2011 16:41(Broker Time @ UTC)
**LOSS TRADE. Closed with SL at 14/2/2011 19:44(Broker Time @ UTC)**

UPDATES :
Interesting to try this out, although its totally outside the rules, since what I tried to do is to trade a trend continuation pattern that is outside the standard rat zone.
1-There's also not enough 'world' movement
2-Price at middle of minor TF's bands, no man's land
3-And I have myself to blame for being an itchy finger? I should be using a demo account to test stuff like this, not a live account

What is positive is that at some point like this, we know price is slowing down and will eventually head 'somewhere'. Learning this how to spot this helps to reduce whipsaw. If only this price is slowing down inside the rat zone... then it will be very obvious to trade its reversal. Alas, this one isn't.

The bright side is that I see the next 36 to 48 hours are going to be horizontal/sideway markets seeable in minor TF. Standard rats are going to eat a lot of cheese off this one on either direction, although its always safer to follow the major TF trend's direction (short for EURUSD and AUDUSD, long for USDJPY). This is due to the horizontal market considered as a correction when viewed from the major TF.
Attachments
eurusd minor.png
eurusd minor
eurusd minor.png (240.01 KiB) Viewed 2063 times
eurusd major.png
eurusd major
eurusd major.png (222.63 KiB) Viewed 2062 times
interesting....png
interesting....png (205.08 KiB) Viewed 2062 times
interesting2....png
interesting2....png (196.95 KiB) Viewed 2062 times

Relativity
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Postby Relativity » Tue Feb 15, 2011 11:16 am

Short EUR/USD
Open 1.35297
Stop 1.35401
Limit 1.34997
Open Time (Broker Time @ UTC) 15/2/2011 05:47
LOSS (Broker Time @ UTC) 15/2/2011 06:18

Short EUR/USD x 3
Open 1.35338
Stop 1.35478
Limit 1.35073
Open Time (Broker Time @ UTC) 15/2/2011 06:18
Open Time (Broker Time @ UTC) 15/2/2011 06:31
Open Time (Broker Time @ UTC) 15/2/2011 06:57
LOSS x3 (Broker Time @ UTC) 15/2/2011 07:10

Reasons for entry :
- D1 OR high zone across all pairs are going to 'pop'.
- D1 OR high zone happens to be near the max correction area marked by LWMA in major TF
- Price now ranging up and down in D1 OR high zone; open position was at running between +10 and -7 so far. Tight SL at -10 pips (-8 pips and with 2.5 spread) holding out well and price looks to be slowing down. I have to improve my exit playbook somehow. At time of typing at -3.
- Hit SL for first entry, reopened new position. At +8.
- Added another position. Total now at +13. Price is slowing down very well and looks to turn south. Made both stops at same level.
- Added another position. Equaled all the SL and TP
- FAILED! I was reminded again that I need to put more research to understand allied currencies. Sometimes it works, sometimes it doesn't.... Taking it out of the system for now. Focusing on the pair seems better.
Attachments
eurusd major.png
eurusd major
eurusd major.png (195.58 KiB) Viewed 2026 times
eurusd minor.png
eurusd minor
eurusd minor.png (194.67 KiB) Viewed 2026 times

Relativity
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Postby Relativity » Tue Feb 15, 2011 12:36 pm

Long Short EUR/USD x 3 lots
Open 1.35426
Stop 1.35529
Limit 1.35126
Open Time (Broker Time @ UTC) 15/2/2011 07:19
WIN (Broker Time @ UTC) 15/2/2011 08:14


Trimming the trade logic down further to its core. Removed the standard D1 OR lines to avoid confusion. Aha, now I see it correctly!
At +8 now.
At +22 now. Halfed SL and increased TP to 40 pips. WHOS YOUR DADDY NOW?!! ^^
At +30 now. Moved SL to even. I now permit everyone to laugh at me if this runs back to zero....
Exited at 30. Price stalled at manual trend channel and refused to break it. Besides, I should obey the 3:1 rule until I am sure on how to calculate targets. 30 pips aren't bad, but actually pretty good since EURUSD D1 wick average stands currently at 30 pips. 3:1 RR is also commonly accepted in most trading circles.
Attachments
eurusd major.png
eurusd major
eurusd major.png (181.01 KiB) Viewed 2005 times
eurusd minor.png
eurusd minor
eurusd minor.png (193 KiB) Viewed 2005 times

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Relativity
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Postby Relativity » Tue Feb 15, 2011 1:46 pm

Long Short EUR/USD x 3 lots
Open 1.35082
Stop 1.34980
Limit 1.35182
Open Time (Broker Time @ UTC) 15/2/2011 08:38
WIN (Broker Time @ UTC) 15/2/2011 08:44

Scalping the correction within the new channel. Not expecting too much other than 10 pips.
Then after getting it, wait for the next rebound that will lead downtrend. Lets see....
Attachments
eurusd major.png
eurusd major
eurusd major.png (181.53 KiB) Viewed 1988 times
eurusd minor.png
eurusd minor
eurusd minor.png (195.54 KiB) Viewed 1988 times

Relativity
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Postby Relativity » Tue Feb 15, 2011 2:00 pm

Short EUR/USD x 3 lots
Open 1.35331
Stop 1.35438
Limit 1.35031
Open Time (Broker Time @ UTC) 15/2/2011 08:48
LOSS (Broker Time @ UTC) 15/2/2011 08:51

Impatience got to the best of me. Should had waited for the actual channel rebound than to anticipate it too early.
Reopened another position once it hit and slowed down at channel edge

Short EUR/USD x 3 lots
Open 1.35402
Stop 1.35510
Limit 1.35102
Open Time (Broker Time @ UTC) 15/2/2011 08:51
WIN (Broker Time @ UTC) 15/2/2011 09:23

Currently at +13
Half SL when at +19
Exit at limit +30 :D
Attachments
eurusd major.png
eurusd major
eurusd major.png (182.73 KiB) Viewed 1986 times
eurusd minor.png
eurusd minor
eurusd minor.png (194.09 KiB) Viewed 1986 times

Relativity
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Postby Relativity » Tue Feb 15, 2011 2:47 pm

Long Short AUD/USD x 1 lot
Open 1.00000
Stop 0.99896
Limit 1.00100
Open Time (Broker Time @ UTC) 15/2/2011 09:41
LOSS (Broker Time @ UTC) 15/2/2011 10:02

FYI psy line bounce. Attempting to scalp. Maybe I should integrate these back?
Trading only 1 lot. I want to relax.
Good. LOL at least its only 1 lot.
Attachments
audusd major.png
audusd major
audusd major.png (182.93 KiB) Viewed 1968 times
audusd minor.png
audusd minor
audusd minor.png (191.06 KiB) Viewed 1968 times

Relativity
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Postby Relativity » Tue Feb 15, 2011 3:18 pm

Long EUR/USD x 1 lot
Open 1.34969
Stop 1.34863
Limit 1.35019
Open Time (Broker Time @ UTC) 15/2/2011 10:09
WIN (Broker Time @ UTC) 15/2/2011 10:16

Trying what TRO always say : scalp 5 pips if trading against trend.
Attachments
eurusd minor micro 5 pip scalp.png
eurusd minor micro 5 pip scalp
eurusd minor micro 5 pip scalp.png (188.23 KiB) Viewed 1962 times

Relativity
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Postby Relativity » Wed Feb 16, 2011 2:54 pm

Trying to scalp. I won't hide failures.

Short USD/JPY x 1
Open 83.860
Stop 83.964
Limit 83.810
Open Time (Broker Time @ UTC) 16/2/2011 09:24
LOSS (Broker Time @ UTC) 16/2/2011 09:43

Long AUD/USD x 1
Open 0.99811
Stop 0.99706
Limit 0.99861
Open Time (Broker Time @ UTC) 16/2/2011 09:34
LOSS (Broker Time @ UTC) 16/2/2011 09:43

Trying again. Feeling more confident at entry after getting a feel of the market, so going 3 lots.

Short USD/JPY x 3 lots
Open 83.933
Stop 84.037
Limit 83.833
Open Time (Broker Time @ UTC) 16/2/2011 09:45
WIN (Broker Time @ UTC) 16/2/2011 10:03 (closed early at +5 pips)

Long AUD/USD x 3 lots
Open 0.99780
Stop 0.99676
Limit 0.99880
Open Time (Broker Time @ UTC) 16/2/2011 09:49
WIN (Broker Time @ UTC) 16/2/2011 10:08 (closed early at +5 pips)
Attachments
usdjpy major.png
usdjpy major
usdjpy major.png (171.85 KiB) Viewed 1920 times
usdjpy minor.png
usdjpy minor
usdjpy minor.png (176.76 KiB) Viewed 1920 times
audusd major.png
audusd major
audusd major.png (181.63 KiB) Viewed 1920 times
audusd minor.png
audusd minor
audusd minor.png (183.25 KiB) Viewed 1920 times

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