EZE074 trading USDJPY was at 0.5 standard risk is now at 1.0 so standard risk, ( running as though the whole account balance belongs to it ). Reason, the MT4 played up and I switched to a new one, so I had to re-setup all the EA's and forgot that this particular EA was at 0.5, I will change it back to 0.5 now, but that is the reason for twice the size trades. A mistake.
Don't be too aggressive on serious accounts people.
EZE076 is having trouble partially closing sell orders. So the buys are being closed at way higher values than they should, and no sell trades are closing. It has now closed $197 profit, but has floating loss of $250, since none of the sells have been sliced.
'EZE076 AUDCADv,M15: Close error on 1 Ticket 105494818 Lot Size 0.05 code 0 Attempt 3' And
+1.06% Since the start of the week. 53 shut trades. DD- 33%
Not a whole lot to talk about, still waiting to see whether EZE076 will close out negatives a long with positives.
EZE069 has made a few nice trades recently, *Full TP at 1.5 (in the settings) which is 3x greater than usual, as I personally favour the Aussie dollar at the moment. England and the Eurozone don't have anything to smile about on the economic front in my view.
TRADEFX2016 posted: hi my friend, is this a grid or some thing? I can see multiple trades on the same currency pair?
Hello TradeFX, yes and no.
There are 8 different EA's at play:
CatV8 running on AUDUSD enters on pullbacks of the major trend and if wrong it will enter new positions in the trend direction until in total it equates to a gain of +11pips. Lot sizes are sell 0.01 (when trend changes) Buy 0.01 (If there's another buy signal) 0.02 ( if trend reverses and there's a sell signal) 0.02 ( If trend changes again ) buy 0.04 . It does use Martingale but in the 4hr trend direction and closes all once it hits positive +11pips. The creators do not currently trade this as they are reverting away from martingale as it's risky as F***. But as it enters in the trend direction and it's lot sizes don't increase really fast ( as it grows bigger with the current direction) I am still currently running it, but may stop it soon for safes sake.
EZE069 trades two pairs; EURAUD-GBPAUD, it trades in the trend direction with flat lots and if it get it's it wrong it will wait till a new trend appears and trade in that new direction and average out of the negative trades. Grid style, kind of.
EZE070 trades EURUSD, same as above but increases it's lot size by the Fibonacci sequence, so the previous two combined equals the next e.g. 1, 1, 2, 3, 5, 8, 13, 21, 34. Nowhere near as aggressive as Martingale.
EZE074 trades USDJPY and recently EURJPY too. It trades flat lots of 0.1 for every 10,000 units ( at standard risk ). It trades with the daily trend and averages in and out of positions. If the trend reverses and begins a new trend it will begin opening positions in the new direction and average out of the old.
EZE075/6/7 trades AUDNZD/AUDCAD/NZDCAD similar as the above but with smaller gaps on the entires. Much more like a grid, but it doesn't trade against price movement, it goes with it and averages out of the negative trades. These 3 are expected to have DD of around 30%-50% and once they've hit that point they should continue to add positively to equity.
EZE079 trades EURUSD enters on pullbacks of the 4hr/daily trend and aims for 10 pips usually, but sometimes gets 20+ or +2-5, SL of somewhere around 50 pips which is invisible to the broker, sometimes more dependant on how strong the daily trend is. ( The owners of these have stopped many accounts running this as recently it has not been profitable, with the current choppiness of the EURUSD).
EZE080 trades XAUUSD, it enters on pullbacks of the 4hr trend, in the trend direction, more visible on the M15 chart and goes for a $25 target. If it hit's it's roughly $25 stoploss ( $25 on the price of gold for the last few months.) It will increase it's next trade size in a step ladder sequence, e.g. .02-.04.-.06-.08 and so on.
All of the above strategies are advised to run with 10,000 standard account, 1,000 mini account and 100 cent account. This mixed account is running 4-5x standard risk so DD is really high. And I'm prepared to lose it and or add additional funds to let it run out the DD ( which is expected ) or possible grow it enough for it to be running standard risk eventually. :D
AVERTISSEMENT SUR LE RISQUE ÉLEVÉ : Le trading de devises comporte un niveau de risque élevé qui peut ne pas convenir à tous les investisseurs.
Leffet de levier crée un risque supplémentaire et une exposition aux pertes. Avant de décider de négocier des devises, examinez attentivement vos objectifs dinvestissement, votre niveau dexpérience et votre tolérance au risque.
Vous pourriez perdre une partie ou la totalité de votre investissement initial. Ninvestissez pas largent que vous ne pouvez pas vous permettre de perdre. Renseignez-vous sur les risques associés au trading de devises et demandez conseil à un conseiller financier ou fiscal indépendant si vous avez des questions.
Toutes les données et informations sont fournies "en létat", uniquement à titre dinformation, et ne sont pas destinées à des fins de trading ou de recommandation.
Les performances passées ne sont pas indicatives des résultats futurs.