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wasp

Live FX Trades

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Stopped out for -65. Short @ 201.70.

 

 

Closed for a whopping +1 and have gone long @ 201.68

 

I must be doing something wrong. Things aren't working like they should. I may have to re-evaluate.

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Closed for a whopping +1 and have gone long @ 201.68

 

Based on the 4-hour - where I should have waited to initiate a new trade in the first place - I have reversed YET AGAIN (I feel like a yo-yo).

 

Closed -8. Short @ 201.601

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Stopped for -60.

 

And I think that's going to end my foray into this strat for the mean time - at least until after labor day when I can be more reasonably certain that liquidity is generating proper signals. I'm uncertain if the liquidity at this time is screwing up my testing. But I'm certainly not as profitable as I believe this strat should be.

 

Time to stop and study.

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Hi guys,

 

Well I have been trying things out with the trendlines on the hourly charts to compliment the 4hour S/R. It was a vain attempt to stop 'catching falling knives' and whilst that reassurance was, well, reassuring, theory and practise are two different things.

 

Backtested the last 6 weeks, paper traded it Monday to test and had family over and went live Tuesday.

 

As you see, Monday was great, Tuesday, the spikes meant the signals were all too late and today, well, with the quick reversal, I just watched 100+ pips reverse back to zero when the total tally old school, would have been 200!

 

Don't worry, we all have shit weeks!

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