Fibo Trading (by msuhaimi2007) Quick Stats
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Fibo Trading Discussion
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msuhaimi2007

Member Since Nov 24, 2012  38 posts msuhaimi2007 May 23 2013 at 16:16
I trade with Mechanical trading sistem where I trade 100% based on PA, RSI and Statistic. No emotional influence. Whatever and whenever market tell me to make an order, I deliver... As simple as that. I not using EA, manual trading only just to feel and monitor the performance of my trading sistem so if its show a sign of being obselete, something need to be change to satisfied market condition.

Dont bother to ask me how I do it...

msuhaimi2007

Member Since Nov 24, 2012  38 posts msuhaimi2007 May 30 2013 at 12:07
I like how this account growing. But still, refering on backtest result, its expected to see different result for next month...

msuhaimi2007

Member Since Nov 24, 2012  38 posts msuhaimi2007 Jun 24 2013 at 08:27
This month sure is bad month. When I check back my spreadsheet, I realize I made a mistake in calculation. Its a shame and luck to profit as big as May 2013 but loss in June 2013. A week left until end of month and I'm optimist this month will profit.

I rearrange the setting and make the correction of my calculation last week...

Now running simulation for my 2nd trading system. I thinks maybe 3 days from now it will finish. Let's hope for the best...

msuhaimi2007

Member Since Nov 24, 2012  38 posts msuhaimi2007 Jul 01 2013 at 07:57
Change its name to EU Trade. This account will only trade on EU. I have another account trade on EJ with same system. But different setting. Will do monthly analysis so the setting will change montly. Method of trading still same.

msuhaimi2007

Member Since Nov 24, 2012  38 posts msuhaimi2007 Jul 16 2013 at 17:33
With EJ going south, the look same goes for EU. I don't know what happen and its beyond my understanding. I keep my cool to just follow my trading strategy because this happen long ago based in my backtest result. Sure, its depressing knowing May 2013 doing great and June breakeven. But still...

Well, let's wait until month end...

deysmacro

Member Since Jul 17, 2012  274 posts deysmacro Jul 17 2013 at 04:41
You don't know why it is going south? It seems that you need to do some homework here...

Past experience usually helps present self
msuhaimi2007

Member Since Nov 24, 2012  38 posts msuhaimi2007 Jul 18 2013 at 11:54
Yup. I already dropped EJ Trade. Now focus on EU. Actually its normal for my sistem to loss like as its show in backtest. Just need time to recover and I'm optimist about my system. Just wait until end of month to see the result. I not really worried because in this system I use strong MM.

Yeah! Homework... more homework..

deysmacro

Member Since Jul 17, 2012  274 posts deysmacro Jul 18 2013 at 12:05
Try GBPUSD too while you at it. You should get something interesting there. cool

Past experience usually helps present self
msuhaimi2007

Member Since Nov 24, 2012  38 posts msuhaimi2007 Jul 18 2013 at 13:46
Well, I already tried its while my system still in V1, no luck. But maybe i should do backtest again on GU with my current system... Thanks for suggestion...

deysmacro

Member Since Jul 17, 2012  274 posts deysmacro Jul 18 2013 at 13:53
No need to do backtest. I stop doing backtest and suddenly my winning percentage goes up. Those backtest is the culprit I tell you. You will not make money when you depends on it.

No point when you see winnings in the backtest, and then when you are doing forwardtest, it is not up to the expectation.

Past experience usually helps present self
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Imports (33 min)
US Intelligence Agency Chief: North Kore...(12 min ago)
EURUSD 1.13961 GBPUSD 1.27352
USDJPY 107.366 USDCAD 1.31833

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.