It is generally accepted now that many large companies and orgainsations take a less risky approach during the week before and during the US elections through a liquid cash management strategies. In saying this, many don't actually halt trading altogether but more so exit out of positions that maybe volitile during these weeks and keep the stable stocks / trades.
My strategy is to trade with the potential movements with pairs that are cointegrated having smaller variances thus catching the sideways movements and not worrying about top and bottom gains.
I have changed my live account fx pairs also;
Group 1: B: GBPUSD,EURUSD S: EURGBP,EURGBP
Group 2: B: GBPUSD,EURGBP S: EURUSD,EURUSD
Group 3: B: EURUSD,EURGBP S: GBPUSD,GBPUSD
Have attached an old visual as to why as I hope that this will provide more opportunites to enter into the market.
I did try to load Corti EA again at the start of the trading day but was unable to get the right settings again.
As the name change suggests and description, I am now using the Indicator EA with only one fx pair. It has some suitable settings now after a bit of testing and optimising over the weekend which should see some interesting results.
I have also loaded 4 demo accounts also in my portfolio using the HMA EA, fx pairs named in the profiles.
I had an interesting start to the week where now again I am waiting for the rebound to make a small profit which I am confident that this will happen - as per the attached screen shot.
This is using the HMA EA indicator and I have had to change back to manual mode and placing my own TP's just to cover myself.
The other accounts I have 'played' with the settings which I am feeling more comforatble with now as backtesting (MT4 strategy tester) is different when you have a live account and in all, I have got a good EA now that I am going to run for a few weeks like I did with Corti 2.22 and the plan is to get to $400 and then split to start up Corti again on another live account.
EA is hard to be profitable on long run, as it needs constant tweeking to adapt to the market conditions, at least thats what they say. i have never tried to trade with EA on live niether on demo. good luck
As suggested, I went to only one FX pair and due to human error again late Thursday I lost a few points.
I am back on track however for Monday start and will be looking at averaging 25% gain a week across 5 trading days.
The main aim now is just to leave it and by the end of December recover the initial $150 deposit I made to break-even and 'start again'.
@trollsdindy - To be honest I haven't employed any actual strategy, it is just a combination of an EA and a HMA indicator which works well. I would like to take the credit but I can't.
@jmaster - 'The price' for me is free, apart from the deposit into the brokerage account and time to test. So yes, worth the price. (if this is what you mean?)
@Fxg54 - During November I stopped trading after 'trial and error' which I have just re-started on Monday 30 November. For some background information I was using an EA 'Corti 2.22' in October trying a number of FX pairs / configurations, leading into November I tried a newer version of Corti that saw me lose about 85% of my equity. - Again, thank Mastercool66 for all his work into Corti and revitalising hobby in retail trading.
@Mikehussey - Not sure if you are asking me for an EA or offering one?
I have decided to try an extra pair, this may or may not work so I will test this for the week.
The EA is based on an equity calculation for entry and exits so theoretically one will start from the 'base' equity and depending on the price movement being either negative or positive the second would use that figure to calculate its entry, whenever that is. However, what does need to be observed is if the exit is based on the entry calculation or current which I think it will be thus meaning the EA will either place me into considerable risk if the movements are too great either way that will affect the margin or my targets will be achieved quicker.
An additional change I have made is the minimum return % on the second pair (AUDJPY) lowering this to 3.5% as I actually used that originally for my testing.
The reason why I have chosen these pairs is on average there is about 150 pip movement either way that is enough to make a profit for each trade execution plus there is a lot of side movement during the Australian trading times with USDJPY so I am hoping this will execute a few more trades over a 24 hours period.
Final note, on average there has been two trades per day so originally setting a minimum % return of 3.5 should provide me with the goal of 5% per day or 25% per week and based on two pairs now at 3.5% and 4%, I should be able to get 10% a day or 50% per week.
This is my theory and unless I test this for better or for worse, I won't know.
고위험 경고: 외환 거래는 모든 투자자에게 적합하지 않을 수 있는 높은 수준의 위험을 수반합니다.
레버리지는 추가적인 위험 및 손실 노출을 만듭니다. 외환 거래를 결정하기 전에 투자 목표, 경험 수준 및 위험 허용 오차를 신중하게 고려하십시오.
초기 투자의 일부 또는 전부를 잃을 수 있습니다. 잃을 여유가 없는 돈을 투자하지 마십시오. 외환 거래와 관련된 위험에 대해 스스로 교육하고 궁금한 점이 있으면 독립 금융 또는 세무사에게 조언을 구하십시오.
모든 데이터 및 정보는 정보 제공 목적으로만 있는 그대로 제공되며 거래 목적이나 조언을 위한 것이 아닙니다.
과거의 성과는 미래의 결과를 나타내는 것이 아닙니다.