I trade using Multi time frame and Correlation. Correlation is use as trend and MTF to make entry point. System have some martingale to it but it nothing crazy on doubling lot size. It just to average out my entry. SL and TP is calculate base on average daily range.
Today I will test out withdrawal process of AAAFX by withdraw $300 from my trading account. This is my first account with them, just want to see how long it take til money is in my bank account by using wire transfer. Another reason is so they don't denies any withdrawal in future if I already did it once, incase I want my 1mil out later 😉. My current DD is 3.09% on Myfxbook I would hate to see this number going higher because of withdrawal I made. Let see what happen. Its better if it don't go up, better for me to track my DD more accurately.
System work out well so far. but I'm expecting some DD and maybe some loss when big correlation change happen. Not much to say until it does.
I'm sorry I will not go in to detail of how my strategy work. I will give you link to basic of how I came up with my trading strategy. It will take some hardwork and understanding before it will pay you off. https://www.forexfactory.com/showthread.php?t=123284. If you want it you gonna have work for it.
Let me help you out Will Schaarrand😄. Look like you looking for answer(seem to be your post on forexfactory, https://www.forexfactory.com/showthread.php?p=3817746), whether I am promoting for broker AAAFX. If anything I tell you to go with other broker like Alpari UK (they are ECN and have very good spread) better, Dukascopy and Jadefx. I'm not here to promote or scam anything I just want to be clear on that. I don't want to manage anyone money or sell any robot. I just want to track my result, and share it with people who can help me improve.😉 Thats all.
MTF and correlation. I understand MTF in deed. As I do the same.. But what do you mean by correlation? I know you posted the basket trading link., but it seams that you have mastered something else. Do you compare the correlation and then trade the pair with more momentum? GREAT WORK. I'll enjoy following this system! A hint is all that is needed. Thanks
Not yet my friend. System still got a lot to be work on. One thing for sure I need to get enough sleep or I can't trade with this strategy, last week entering 5lot by accident(I never plan to go more then .1 ever so 5lot is massively oversize) and got MC trying to get out flat. Yes I know. Stupid indeed, but never done that ever before either so its some costly experience. Looking forward I think system will do well. I took 100% of capital out so what ever happen, it should be interesting.
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