Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

prax

Trap Action EA EURUSD and USDJPY

Recommended Posts

Expert Advisor trading performance, using simple method : Stradle Entry orders.

Forward tested with low spread pairs EURUSD, USDJPY.

order summary since June 26th

std0.jpg.c4ee5c408b7c977bf23e3e42a8246434.jpg

latest performance stat :

Gain: +25.5%

Daily: 2.30%

Monthly: 25.50%

Drawdown: 7.10%

 

EA run through VPS server 24/5, no time filter, no news filter, which means it keep running all the time at any market session. even got better result as today's uncertain movement (gap) due greek referendum event.

6w6q28a.jpg

 

will keep update, in order to track daily EA performance.

Share this post


Link to post
Share on other sites

latest performance update, have hardtime moving into new VPS server. well, overall trading result still at positive result, total gain till today 25%

std03.jpg.1632c5434de63963dff2ba1b8069be1b.jpg

quite good result after 2 weeks, with 7% Drawdown.

Share this post


Link to post
Share on other sites

latest update trading performance, drawdown still at 7%, with 30% profit gain. now using better VPS server to match tickmill server location (london). I believe a reduce at latency would give better result while entry executed.

asi.jpg

Share this post


Link to post
Share on other sites

all order are executed as planned, but the market are less volatile today, as result several order got hit while there's no further pace upon the market price.

apors.jpg

Share this post


Link to post
Share on other sites

EUR/USD to resume downside eventually Mir feels that EUR/USD looks rangebound, and that if it was going to push lower, it would have done so already at the start of the week. Nevertheless, in the long run, he can see more downward pressure and expects bearish flow to return ion the near term.

Share this post


Link to post
Share on other sites

thank's for your input Luke, EU pair movement are less volatile for past weeks, still wandering around with slight pips range.

and makes my order are got SL hitted, the EA result now down to 23% profit gain.

apords.jpg

Share this post


Link to post
Share on other sites

order summary after 4 week :

allapor.jpg

and it's seem the market giving another volatile attempt which cause positive result, trading performance result at 27% by now.

day0.jpg

Share this post


Link to post
Share on other sites

EUR/USD: Supported as Greek fears decline EUR/USD has been more resilient this week due to ease in Greek fears. EUR/GBP remains preferred for trading the Euro,believe the single currency has been data-responsive this week.

Share this post


Link to post
Share on other sites

Bullish on EUR/USD

More upside potential might be seen ahead in EUR/USD. Volatility is going to be two-sided before the FOMC. The markets remain too hawkish on the FOMC and any disappointment might see the cross pushing above 1.10 resistance for a move towards 1.12.

Share this post


Link to post
Share on other sites

it's really did happen luke :), last EU bullish formed as the EA grap several order executed. account age 5 weeks, with total gain profit 36%, at 7% drawdown.

sadell2.jpg

Share this post


Link to post
Share on other sites

Wilson Leung, Director of Trendsetter FX, joined Tip Tv to give the outlook for USD/JPY and EUR/USD.

USD/JPY: Re-test of 124.50 expected The recent China stock market rout supported the Yen temporarily as recovery in equities saw USD/JPY rebound higher. The key risk ahead for the cross remains the FOMC meeting and the US rate hike expectations, according to Leung. He further suggests buying any USD/JPY dips below 123, and maintains an upside target at 124.50.

EUR/USD: Keep an eye for a range breakout Leung notes the key upside and downside levels for EUR/USD, and sees a break below 1.1019 to remove any long positions on the pair.

See more at: USD/JPY: waiting for a 124.50 test, EUR/USD: wait for a range-break - Tip TV

Share this post


Link to post
Share on other sites

Steven Woodcock, Senior FX Analyst for Plutus FX, joined Tip TV to elaborate on the currency outlook during the thin holiday months. Bearish on GBP/USD The GBPUSD has remained a range trade this week, according to Woodcock, who believes that the range will continue into next week, with possible downside for the sterling in the future. He noted that EURGBP had been a prime driver, and that we might see a relief rally, with a possible move to the 71/71.50 area, which would pressure the GBPUSD. GBP/CHF: Downside expected Woodcock commented that the GBPCHF will come down in the future, as the EURCHF begins to just turn over, but there is not much in the charts at the moment concerning the CHF. USD/CAD: Outlook depends on Canada GDP, but susceptible to the downside The USDCAD is onward and upward according to Woodcock, with the CAD being aided by the bank of Canada. He believes it has hit a tough point at 130.50, but with good Canadian numbers today there is a chance the USDCAD could break through. Alternatively, poor numbers or oil could cause a pull back. EUR/USD: Look at the crosses Woodcock finishes by adding the EURUSD has traded heavy recently, but argues that it does need a clear out. He believes a danger move could be to the upside, and decides that a cause for a spike in the EURUSD could be the EURGBP. Woodcock advises to watch the weaker side of the crosses to ascertain outlook for the euro dollar.

Share this post


Link to post
Share on other sites

Wilson Leung, Director of Trendsetter FX, shares the outlook for USD/JPY, EUR/USD and GBP/USD. USD/JPY: Buy the dips Leung retains his bullish bias on USD/JPY, and suggests buying any dips on the pair towards 123.50, with a stop loss at 123.00. Leung notes how the pair is showing a sideways trend in midst of the August – holidays. EUR/USD: Awaiting the nonfarm payrolls Leung sees bearish potential for EUR/USD if the US nonfarm payrolls prints a strong number. He expects the pair to break below 1.08 levels on a strong US jobs data. - See more at: Strong US NFP might push EUR/USD below 1.08, Buy dips on USD/JPY | TipTV.co.uk

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • True. I can't say how much money I lost over the years on crappy signal providers. Take as much time as necessary googling on any one before spending your money there.
    • Date : 6th December 2019. Happy Non-Farm Friday – 6th December 2019.Happy Non-Farm Friday – The Dollar majors have remained comfortably within their respective ranges from yesterday, ahead of trade talks, NFP and the OPEC+ decision.Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • GBPUSD Eyes Further Upside Pressure On More Bull Pressure   GBPUSD with the pair remaining biased to the upside more strength is expected in the days ahead. Support lies at 1.3100 area with a break below that level turning focus to the 1.3050 level. Further down, support comes in the 1.3000 level where a violation will shift focus to the 1.2950 level. Below here will open the door towards the 1.2900 level. On the upside, resistance is located at the 1.3200 with a break above there allowing for morel strength to build up towards the 1.3250 level. Further out, resistance stands at the 1.3300 level followed by the 1.3350 level. On the whole, GBPUSD retains its broader upside pressure.    
    • Yes, AMP is a good and reliable broker. Almost all FCM brokers and their IBs provide a similar service (the main difference is commission per side or per round, min deposit. Also, margin requirements, but commonly they are similar) Quantower platform allows to trade futures with AMP via Rithmic technology with full market depth data (!)
    • I have never asked for any help here. Never expect a person to be good with me or others. But as Market wizard you should show some respect for others.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.