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Simple Daily Range Breakout Journal

This is a discussion on Simple Daily Range Breakout Journal within the Trading tools forums, part of the Trading Forum category; Hi Everyone, today is not a very good day...i am not taking screenshot...feeling lazy... One account made only $3 and ...

      
   
  1. #21
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    Hi Everyone,

    today is not a very good day...i am not taking screenshot...feeling lazy...

    One account made only $3 and other one made $15...

    thanks everyone

  2. #22
    Senior Member adamlo's Avatar
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    hi shg,

    how many pair u using this EA monitor?

    Quote Originally Posted by shg View Post
    Hi Everyone,

    today is not a very good day...i am not taking screenshot...feeling lazy...

    One account made only $3 and other one made $15...

    thanks everyone

  3. #23
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    Hi shg,

    ANy particular pairs that stand out in successfull trades, or losses? What are your favorites?

  4. #24
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    Quote Originally Posted by CamaRon View Post
    Hi shg,

    ANy particular pairs that stand out in successfull trades, or losses? What are your favorites?
    Well i have seted up two live accounts for this EA both of them have different pairs...One account i have started on 2nd feb and other one started on 8th feb...so far what i have concluded is it is really good to trade trending currency..for example GBPJPY gave me really good profit in sell trades...It gave me consecutive wins and bank me more than $25 for 0.01 lot each time so you have to study and find out which are the trending pairs...I think EA is good for all pairs...At the moment i am not studying the trending pairs or ranging pairs but what i do is once the trade is open i wait for one day to bank the profit...if what ever left negative i keep them and set 20 to 30 pips TP...till now i have seen that they comes back and hit the TP...we might have to wait for 2 to 3 days...

    Main part of my trading is money management so my account always survive...I am aiming to have to 0.01 lot for every $400 at this stage...Once i reach to $3000 balance i will have 0.01 lot for every $500. But the best and safest setting is 0.01 lot for every $1000...you will never blow up your account...I am experimenting at the moment and if i blow my account, i wont mind because i have other manual strategy account which is main account for me...

    I have taken only one loss which was gbpnzd (i dont remember if i have taken more losses but if i have taken then they must be very small compare to profit). As you know this one is big mover so i has close in loss. It was $50 minus and i waited to retrace and it retrace and i took about $22 loss otherwise i have not taken any other loss...myfxbook account looks very good....LOL...all green in myfxbook account...and drawdown is also under control...

    regards
    Last edited by shg; 02-21-2016 at 10:23 PM.

  5. #25
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    Quote Originally Posted by adamlo View Post
    hi shg,

    how many pair u using this EA monitor?
    Hi adamlo,

    i am trading 14 pairs on each account...and they are not repeating...

    thanks

  6. #26
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    Alright guys,

    I was away on weekends so i didnt updated for friday...

    One account i made only $4.15 and other account $15.51...

    hope we have good pips this week...

    thanks
    Last edited by shg; 02-22-2016 at 11:47 PM.

  7. #27
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    Here is today's tally...Very unlucky for gbpcad and gbpnzd...

    i thought its too low and i closed very early and lost almost 500 pips...but no regret because i will always have opportunity...

    Simple Daily Range Breakout Journal-22.02-axi.jpg

    Simple Daily Range Breakout Journal-22.02-pepper.jpg

    Also taking loss in gbpchf by tomo...i have sell open and have doubt that gbp will start north so i am prepared to take loss in gbpchf...

    good luck to everyone...

    regards

  8. #28
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    shg,

    what take/profit method is the ea using ?

  9. #29
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    HI CamaRon,

    i didnt set tp/sl...as ea close the trade next day if its positive and if its negative then it will wait to be positive...you can set your own if you want or you can close manually...i do close the positive trade early many times...

    Guys, last week i was out and didnt post anything...on friday i took about $60 loss in JPY pairs because i was not sure to keep them...

    i will start posting from tomo...

    regards

  10. #30
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    Premium section EA -

    Simple Daily Range Breakout Journal-sdrbrk1334.png


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    Simple Daily Range Breakout Journal-sdrbrk133.png


    SimpleDailyRangeBreakExpert_v1.3 600+ EA is on this post. This is updated SimpleDailyRangeBreakExpert EA.

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