Wednesday, October 29, 2008

HSI High Low U Turn
Check daily high low since 10:35, trade since 10:35 - 16:00
stop buy low+540, stop sell high -540, 100 BE+10, 50% trail 200. stop 80 lmt 1000.
close all at 16:20, +30K


HSI
9:45-10:30 AM 45min 5mclose high/low+-10, stp 140, lmt 330, close 4:25PM when 100 set to break even.+10, when 200 set to 50%
+25K

EURUSD HL U turn trail , wintertime, + 8hr=sg time
Trade from UK Time 8:00 - 16:00 , check high low since 6:00,stop buy low+40, stop sell high -40profit 75, stop 35, 26 be, 52 50%.Trail stop 55

Wednesday, October 15, 2008

EURUSD HL U turn trail
Trade from UK Time 12:00 - 16:00 , check high low since 7:00,
stop buy low+40, stop sell high -40
profit 60, stop 35, 26 be, 52 50%.
Trail stop 55

EURUSD HL U turn no trail
Trade from UK Time 10:00 - 16:00 , check high low since 7:00,
stop buy low+40, stop sell high -40
profit 80, stop 35 ,Trail stop 55

GBPUSD HL U turn trail

Trade from UK Time 8:00 - 16:00 , check high low since 5:00,stop buy low+155, stop sell high -155 profit 60, stop 30, 20 be, 40 50%.Trail stop 55

GBPUSD HL U turn no trail

Trade from UK Time 9:00 - 16:00 , check high low since 6:00,

when 5m clsoe less than low +150, stop buy

when 5m close greater than high -150 , stop sell high -150

profit 75, stop 30 ,Trail stop 55

Tuesday, October 14, 2008

GBPUSD HL U turn
Trade from UK Time 9:00 - 16:00 , check high low since 6:00,
stop buy low+150, stop sell high -150
profit 60, stop 30, close all at 16:30.

+559


HSI High Low U Turn
Check daily high low since 9:45, trade since 10:15 - 16:00
stop buy low+520, stop sell high -520, 100 BE+10, 50% trail 200. stop 80 lmt 1150.
close all at 16:25,

+30K

Friday, October 3, 2008

GBPUSD

GBPUSD

UKtime 7:30 1hour,5mclose high/low +-4, stop 30, profit 50, close at 15:30

Thursday, October 2, 2008

U turn from day high/low
HSI
get high, low since 9:45.
stop buy low+520, limit 700, stop 80, close at 4:25PM, 100 BE+10, 200, 50% trail

Wednesday, September 10, 2008

NK
8:00-8:45 45min, 9 bar 5mclose +-10, stop 40, lmt 80, when 30 set to BE+5, when 60 set 50% close at 1:50PM
+276.5

Tuesday, August 19, 2008

NK
8:00-8:25 25min, 5 bar 5mclose +-10, stop 20, lmt 150, when 35 set to BE+5, when 70 set 50% close at 1:50PM

Friday, August 8, 2008

EURUSD
UKtime 6:20 1hour,5mclose high/low +-4, stop 35, profit 80, once profit 18, set to BE, profit 30 set to 50%

GBPUSD

UKtime 8:50 2hour,5mclose high/low +-4, stop 30, profit 80, close at 15:30

Monday, August 4, 2008

NK big
7:55-8:50 55min, 11 bar 5mclose +-10, stop 70, lmt 200, when 35 set to BE+5, when 70 set 50% close at 2:00PM

HSI
9:50-10:25AM 35min 5mclose high/low+-10, stp 140, lmt 380, close 4PM when 110 set to break even.+10, when 220 set to 50%
new
9:50-10:25AM 35min 5mclose high/low+-10, stp 140, lmt 350, close 4PM when 110 set to break even.+10, when 220 set to 50%


NK mini OSE
8:00-8:50 55min, 10 bar 5mclose +-10, stop 70, lmt 200, when 35 set to BE+5, when 70 set 50% close at 2:00PM

NK mini OSE 2 lot
8:00-8:50 55min, 10 bar 5mclose +-10, stop 70, when 40 set to BE+5, when 80 set 50% , close at 2:00PM
Enter 2 lot, 40 close 1 lot, 120 close 1 lot.
If enter 3 lot , 200 close 1 lot .

HSI 3 lot
9:50-10:25AM 35min 5mclose high/low+-10, stp 140, lmt 350, close 4PM when 110 set to break even.+10, when 220 set to 50%
3 lot close at 90, 170, and 350

Monday, July 7, 2008

HSI
9:45-10:15AM 30min 5mclose high/low+-10, stp 140, lmt 350, close 4PM
when 110 set to break even.+10, when 220 set to 50%


SIMSCI
8:45-9:55AM 70min 14x5mclose high/low+-0.1, stp 1.2, lmt at day low + 4.6 or day high-4.6, close 4:25PM
when range <0.3 set range 0.1 more, when range <0.6 , only buy at 5m close break out.

NK big
8:00-9:00 1hour, 12 bar 5mclose +-10, stop 80, lmt 200, when 30 set to BE+5, when 60 set 50% close at 1:50PM


EURUSD MACD 10M
UK TIME 6:00-14:00 , macd 16,25,8 cross over +- 0.02

Monday, June 23, 2008

SGX daily
if Average[3](close) > Average[10](high) then buy 10000 CASH at market ThisBarOnCloseendif
if Average[3](close) < Average[8](low) then sellshort 10000 cash at market ThisBarOnCloseendif

stop loss 10%

SIMSCI mometum
12:00-4:30PM mv6 of mometum 18 cross mv19 +-0.02 of mometum 18 stop 1.2,
close trade at 4:55 PM buy if mometum is up, sell if mometum is down.

SIMSCI MACD
11:00AM -4:30PM macd(11,17,6) cross over 0+-0.02 stop 1.2, close 4:55PM

GBPJPY MAC 15M
UK Time 6:00- 16:00 MV 21 high/ low, buy at low cross over high, sell at high cross under low, close at 16:00

Sunday, June 22, 2008

EURUSD mometum
10M chart UK time 6:00-16:00, mv 11,22 of mometum 18 cross over, stop 50

EURUSD MACD
10M chart UK time 6:00-16:00, macd 15,32,8 cross over +-0.02 , stop 60

Friday, June 20, 2008

SIMSCI
10:00-4:50PM mv6 of mometum 18 cross mv20+-0.02 of mometum 18 stop 1.2, close trade at 4:55 PM
buy if mometum is up, sell if mometum is down.


SIMSCI MACD
11:00AM -4:30PM macd(11,20,6) 0+-0.03 stop 1.2, close 4:55PM
profit 5440, p/l 3.33 win 57% dd 655

Wednesday, June 18, 2008

SIMSCI mometum trade
5M chart smv 6 cross SMV 18 of mometum 18, stop 1.2

SIMSCI EMV trade
EMV 24 cross EMV 44 stop 1

Sunday, June 15, 2008

NIKI
8:00-8:40 8bar of 5M close high low +-10, stop 90, profit 180, close at 1:55PM
after 40 profit set stop to enter price, after 80 profit set stop as 50% profitresult
20080616 =profit 2527 drawdown 1138 trade size 4-5 lot

SIMSCI
8:45-9:15 5 bar close price highlow<2.4 +-0, stop 1.2 , profit 4.6+day low or day high-4.6, close at 4:05PMbefore 9:40 only enter at 5mclose break out, after 9:40 can use stop order to enter.profit 2233, drawdown 1016, win 52%

8:45-9:45 12 bar close price highlow<2.4 +-0, stop 1.2 , profit 4.6+day low or day high-4.6, close at 4:55PMbefore 9:40 only enter at 5mclose break out, after 9:40 can use stop order to enter.profit 2102, drawdown 1096, win 58%

8:45-9:45 12 bar close price highlow<2.4 +-0, stop 1.2 , profit 4.6+day low or day high-4.6, close at 4:55PM use stop order to enter.profit 2375, drawdown 1096, win 61%
when high-low <0.6 ,enter at 5mclose break out

9:00-5:00PM enter at EMV 23 cross EMV46, stop 1.2, close at 5:05PM trail stop 2.3

EURUSD
UKtime 6:20 1hour,5mclose high/low +-4, stop 35, profit 80, once profit 18, set to BE, profit 45 set to 50%
UKTIME 6:00- 15:59 smv 14 cross 28 enter.

EURJPY
UKTIME 6:00- 15:59 smv 10 cross 20 enter.

Tuesday, June 10, 2008

NIKI
7:55-8:45 10bar of 5M close high low +-5, stop 80, profit 190, close at 1:55PM
after 45 profit set stop to enter price, after 90 profit set stop as 50% profit
result 20080611 =profit 3398 drawdown 1030 trade size 4-5 lot

7:55-8:25 6bar of 5M close high low +-5, stop 80, profit 210, close at 1:55PM
after 45 profit set stop to enter price, after 90 profit set stop as 50% profit
result 20080611 =profit 3552 drawdown 932 trade size 4-5 lot

SGX
9:10-9:55 8 bar close price highlow+-1, stop 10, profit 16+day low or day high-16, close at 4:15PM

SIMSCI
8:50-9:15 5 bar close price highlow<2.4 +-0, stop 1.2 , profit 4.6+day low or day high-4.6, close at 4:05PM
before 9:40 only enter at 5mclose break out, after 9:40 can use stop order to enter.
profit 2838, drawdown 1016, profit/loss=2.31 , win 56%

EURUSD
UKtime 8:10 1hour,5mclose high/low +-4, stop 30, profit 90, once profit 24, set to BE, profit 40 set to 50%

Sunday, June 8, 2008

SIMSCI
8:50-9:15 5 bar close price highlow<2.4 +-0, stop 1, profit 4.6+day low or day high-4.6, close at 4:25PM

higher successful rate and return can be get by only enter at a 5m close price break the range, enter at market at next 5m open.
This can filter out a lot of false break out, but this need continues monitor, it is not easy to do manually, alter, is to use it only when the range < 0.5
if range<0.5, then only enter at 5m close price break out.
or only use it before 9:40am, because most false break out happened from 9:15-9:40

EURUSD
UK time : 8:10 1hour 5mclose +-4, stp30, pft90, once pft 30 set to BE, once pft 60 set to 50%

Tuesday, June 3, 2008

NIKI
7:55-8:45 10bar of 5M close high low +-5, stop 80, profit 120, close at 1:55PM === 2462
7:55-8:50 11bar of 5M close high low +-5, stop 80, profit 200, close at 1:50PM after 90 profit set stop as 50% profit === 1723

1 lot each for the following 2 set up
7:55-8:25 6bar of 5M close high low +-5, stop 80, profit 200, close at 1:35PM
after 50 profit set stop to enter price, after 100 profit set stop as 50% profit =pf 2066 dd 1305
7:55-8:45 10bar of 5M close high low +-5, stop 80, profit 200, close at 1:35PM
after 45 profit set stop to enter price, after 90 profit set stop as 50% profit =pf 2054 dd 765

EURUSD
UK time : 6:50 1hour 5mclose +-4, stp25, pft80, once pft 10.5 set to BE, once pft 35 set to 50%

Sunday, June 1, 2008

SIMSCI
8:45-9:15 30min, 5m close high/low <2.5 +- 0.1 breakout, stop 1.2 profit 3.1 close at 4:45 pm.

Wednesday, May 28, 2008

NIKI
8:00-8:45 9bar of 5M close high low +-10, stop 90, profit 180, close at 1:55PM
7:55-8:30 7bar of 5M close high low +-5, stop 80, profit 190, close at 1:55PM

EURUSD
UK time 6:50 , 1hour 5m close high/low +-4. stp 35 pft 40, close at 16:00, trail 50

GBPUSD
UK time 8:50 , 1hour 5m close highlow +-4. stp 30 pft 90, close at 16:00 trail 50
UK time 8:50 , 1hour 5m close highlow +-4. stp 36 pft 90, close at 15:30 trail 50


USDCHF
UK time 8:30 , 2hour 5m close highlow +-4. stp 30 pft 70, close at 15:30 trail 50

SIMSCI
8:45-9:20 35min, 5m close high/low <2.4 +- 0.1 breakout, stop 1.1 profit 2.9, close at 4:05 pm.

EURJPY
UK time 6:00 , 2hour highlow +-4. stp 35 pft 60, close at 16:00
UK time 7:20 , 2hour 5mclose highlow +-4. stp 35 pft 60, close at 16:00 trail 50

Tuesday, May 20, 2008

NIKI
8:00-8:45 9bar of 5M close high low +-5, stop 80, profit 120, close at 1:45PM

SGX
8:10-8:45/50 high/low of 5m close +-0, stop 9, profit 30, close at 4:25 or 45 PM

HSI
9:55-10:15AM 20min 5mclose high/low+-10, stp 170, lmt 400, close 4PM

Simsci
Singapore time 8:45-9:20 35min, 5m close high/low +- 0.1 breakout, stop 1.3 profit 3,close at 4:45 pm.
8:45-9:15 30min, 5m close high/low +- 0.1 breakout, stop 1.3 profit 3.3, close at 4:45 pm.

May2-May22 profit S$4600 in backtest.

EURUSD

UK time 7:20-8:15 high/low of 5m close +-4, stop 30, profit 70, close at 16:00PM

Backtest profit S$328

USDCHF
UK time 7:00-8:00 high/low of 5m close <55>


Monday, May 19, 2008

SG 1 cents share
screener[Close> 5 and close <>10000000 and Average[20](high-low) <2 and Volatility[10,10]<0.35 ]



NIKI
8:00-8:25AM 25min +-10, stp 70, lmt 140, close 1:50 PM

Wednesday, May 14, 2008

$482 Reason of trailing stop

GBPJPY
UK Time 8:30 6 hour bar, +-3, stp=(hh-ll)/2+2 if stp<20 then stp=20 lmt = stp*2, trail 60 !

In back test, higher return always come without trailing stop. so yesterday I did not use any trailing stop, so unlucky all trade fail, then I have a draw down almost 50%, trail stop is to limited risk, preserve capital is always the more important than to make profit.


USDCHF
UK Time 8:30 1hour bar, +-4, stp 30 lmt 90, trail 30 until BE

Tuesday, May 13, 2008

$884

HSI
10:10AM 30min +-10, stp 140, lmt 350, close 3:40PM

NIKI
8:20AM 30min +-10, stp 90, lmt 140, close 1:30PM

SGX
9:25 20min, stop 7, lmt 35, close at 4:20PM

SIMSCI
9:20 30min <2.1 +-0.1 stp1 pft 2.6 , close at 16:15

USDCHF
UK time 8:30 1 hour +-4 stp35 pft 80

Monday, May 12, 2008

$914

GBPJPY
UK time 7:50 1 hour<100 +-4 stp60 pft 160, close at 16:00

Yesterday 2 mistake.
EURUSD
1. did not sell at 00, 15500
2. did not let it run to 100 pips target, 15516, 15535 which is just 1 hour later at 23:15, 23:50.
3. instead get out at 15485, for S$30, or $80 less profit.


GBPUSD
UK time 6:40 1 hour<65 +-4 stp36 pft 80, close at 24:00
UK time 8:50 1 hour<65 +-4 stp36 pft 100, close at 24:00
UK time 9:10 1 hour<65 +-4 stp30 pft 50

Sunday, May 11, 2008

$915 let profit run away again

Friday 8:30 news , internation trade -58.21 vs forecast -61.3 billion, then my $300 Profit slowly drop to almost nothing in 2 hour.

USDCHF
UK time 8:30 1 hour +-4 stp35 pft 70

GBPUSD
UK time 6:20 1 hour<65 +-4 stp36 pft 54
UK time 8:50 1 hour<65 +-4 stp36 pft 100

GBPJPY
UK TIME 8:30 6 hour bar, +-3, stp=(hh-ll)/2+2 if stp<20 then stp=20 lmt = stp*4, trail 65
UK TIME 10:30 6 hour bar, +-3, stp=(hh-ll)/2+2 if stp<20 then stp=20 lmt = stp*1, no trail

Wednesday, May 7, 2008

$809

GBPJPY
UK Time 9:00 6 hour bar, +-3, stp=(hh-ll)/2+2 if stp<20 then stp=20 lmt = stp, trail 50
UK Time 10:00 7 hour bar, +-3, stp=(hh-ll)/2+2 if stp<20 then stp=20 lmt = stp*2, trail 65
UK Time 10:00 6 hour bar, +-3, stp=(hh-ll)/2+2 if stp<20 then stp=20 lmt = stp*3.5, trail 65

Monday, May 5, 2008

$733

GBPUSD
UKtime 9:00am 1 hour<65, +-4, stop 36, limit 62

EURUSD
UKtime 6:10am 1 hour<100, +-4, stop 30, limit 100

USDCHF
UK time 8:45 1 hour +-4 stp25 pft 70

SGX
9:25 20min, stop 7, lmt 35, close at 4:20PM

GBPJPY weekly
Monday UK time 0:00 3hour, +-5 lmt 140, stop 3hour bar

Thursday, May 1, 2008

$700 USDCHF

USDCHF
UK time 8:30 1 hour +-4 stp30 pft 80

GBPUSD
UK time 8:50 1 hour +-4 stp36 pft 62

Sunday, April 27, 2008

$837 Let profit run, run away...

On Friday, I made S$200, but I was not happy, why ? because I let profit run away , otherwise I will be $1000 today.
it should be
GBPUSD 50+50 $
EURUSD 100+50$
EURJPY 4000JPY
that is about 300USD= 400SD

Thursday, April 24, 2008

back to S$622

yesterday 7 trade forex 3win 4 lose + S$100


Simsci setup
old, Singapore time 9:30half hour high low +- 0.1 breakout, stop 1.5 profit 4, close at 4:45 pm.
Singapore time 9:10half hour high low +- 0.1 breakout, stop 1 profit 2, close at 4:50 pm.
Singapore time 2:30 half hour high low +- 0.1 breakout, stop 1 profit 2.4 , close at 4:40 pm.
Singapore time 9:20 half hour high low +- 0.1 breakout, stop 1.1 profit 2.4 , close at 12:20 pm.


EURUSD
UK 8:20-30 , 2hour , 4, stop 25, profit 100
UK 6:00-20 , 2hour , 4, stop 30, profit 50

Wednesday, April 23, 2008

From S$700 drop to S$500

EURUSD
UK 8:20, 1hour , 4, stop 26, profit 36
UK time 6:20, 2 hour +-4, stop 32, profit 36
UK time 8:50, 2 hour<80 +-4, stop 26, profit 36
UK 8:20, 1hour , 4, stop 26, profit 42
UK time 6:00-6:20, 3 hour +-4, stop 35, profit 50
UK time 8:00-8:20, 1-2 hour +-4, stop 25, profit 80
UK time 8:20, 2 hour<100 +-4, stop 25, profit 80 or 50

Tuesday, April 22, 2008

S$725 Now

GBPUSD
UK 6:00-6:20 1-2 hour<65, 4pip, stop 36, profit 50

EURJPY
UK time 6:00-6:20 2-3 hour +- 3pips break out, stop 40, profit 40

Today from S$395 to S$725 the highest point so far from as low as S$168.

Monday, April 21, 2008

USDJPY

USDJPY
UK time 8:00 or 8:40 1 hour +- 3pips break out, stop 35, profit 50

Friday, April 18, 2008

EUR/USD

EURUSD
UK 8:20, 1hour , 4, stop 26, profit 36
UK time 6:20, 2 hour +-4, stop 32, profit 36
UK time 8:50, 2 hour<80 +-4, stop 26, profit 36
UK 8:20, 1hour , 4, stop 26, profit 42
UK time 6:00-6:20, 3 hour +-4, stop 35, profit 50
UK time 8:00-8:20, 1-2 hour +-4, stop 25, profit 80

short trades also can.

Wednesday, April 16, 2008

Today's set up

Everyday I use the laterest data to run back test again for 1 month data,

sometimes also improve my oprogram

EURJPY

old :UK time 6:00-6:20 3 hour +- 4pips break out, stop 40, profit 40

UK time 5:00-5:10 2 hour +- 3pips break out, stop 40, profit 40

EURUSD

UK 8:20, 1hour , 4, stop 26, profit 36

UK time 6:20, 2 hour +-4, stop 32, profit 36

UK time 8:50, 2 hour<80>UK 8:20, 1hour , 4, stop 26, profit 42

UK 8:20, 1hour less 70 +-4, stop 25, profit 50

UK 6:00-6:20, 3 hour less 100 +-4, stop 35, profit 60

Equity curve

Yesterday my equity drop to S$220, then up to S$400 again. previous high was S$600

EURUSD

EURUSD
UK 8:20, 1hour , 4, stop 26, profit 36
UK time 6:20, 2 hour +-4, stop 32, profit 36
UK time 8:50, 2 hour<80 +-4, stop 26, profit 36
UK 8:20, 1hour , 4, stop 26, profit 42

Tuesday, April 15, 2008

EURJPY

EURJPYUK time 6:00-6:20 3 hour +- 4pips break out, stop 40, profit 40

Simsci setup

Singapore time 9:30
half hour high low +- 0.1 breakout, stop 1.4 profit 3.8, close at 4:45 pm.

Sunday, April 13, 2008

Trading is simple , but not easy

Last week the equity curve has been to S$600, but fail to keep it, now back to S$320 again.

1. should take profit at round number.
2. should use anti hedge to keep more profit. trail stop 50
3. when the trade come back, should pick it up again.
( lucky I did not pick it up, today monday it gap down 128 pips, my account will blow up, I will never keep a position over weekend )

Today's set up

GBP/USD
UK time, 6:00 am, 1hour highlow < 65 +- 4 pip, stop 36 profit 50

now buy stop at 19726
sell stop at 19688

SGX set up
Singapore time 9:30 half hour high low +- 1 break out, stop 13, profit 45
close at 4:20-35

buy stop 796
sell stop 784, now 3 cents in the money.

EURUSD
UK time 6:20, 2 hour +-4, stop 32, profit 36
UK time 8:50, 2 hour<80 +-4, stop 26, profit 36

EURJPY
UK time 8:00 1hour 3, stop 29, profit 30
yesterday just 0.7 pip it stoped out then back to my target, xxxx
change stop to 30!

Wednesday, April 9, 2008

Stop loss, let profit run $400

Yesterday I did not take profit at my target 36 pip, let it run until now, it make 100 pips, so my account back to $400 again.

EURUSD buy AT 15746, ADJUST STOP LOSS TO 15780 TO LOCK IN SOME PROFIT.

Tuesday, April 8, 2008

EURJPY

UK 8:00 gp3,stop 30, profit 32, 1hour

EURUSD

UK 8:20, 1hour , 4, stop 26, profit 36

GBPUSD

UK 6:00 1 hour<75, 4pip, stop 36, profit 48

or UK 8:20 , 3hour <55, stop 28, profit 48,

profit target

when set as 48 , it goes to 90, yesterday near 200.
if set higher like 52, it goes only 43.

equity curve

400-240-530-300-168-260-180-270-309-260-329

after so many days so many trade , still alive.

No commission, trade forex is so good.

otherwise if trade stock, already 0.

Sunday, April 6, 2008

EURUSD break out

8:55 UK time,1hour high low <70
pip +- 4
stop 30 profit 36

Trading setup 1, Daily GBPUSD Break Out

with the new day light time ,do the following adjustment
GBPUSD
London time 6:45 , 13:45 Singapore time
look at high , low of previous 120 minure.
only trade when H-L < 55
stop buy at high+ 6
stop sell at low -6
36 pip stop loss
52 pip take profit. or 45-50

Sunday, March 30, 2008

15722.4-2=15720.4

I should enter as my plan -2 pip as 15720.4

but I enter as 15721. it failed. -29

it go down to 15720.7 then go up to 15750 hit my stop. -29 pip

just 3 pip.

New day light saving time.

Today the Europe and UK will start the New day light saving time.

The market will be 1 hour early, so all my trade set up need to be adjusted,

EUR should open at 6am GMT,
UK should be 7am GMT

That is 2PM and 3PM Singapore time.

I am still thinking today whether take the trade or pass it, to see what happened on first day.
last week already pass so many holidays.

$296 Why I trade forex

I have a trading account with igmarkets, initially I put S$10000 in it, to trade stock CFD, at beginning it goes well to S$12000, then the bear markets comes, I have received a margin call on my Cosco and china sky, I made the first mistake to answer the margin cal with S$2000, then it also gone, then later with a few other mistake it finally drop to S$400 only.

the lesson learned here is that,
1st. you should never answer a margin call,
2nd, if you got a margin call, close your losing trade, then open a opposite trade. you will win back all your money and even more.

With only S$400, about USD 285.

and I don't want to put in any more money in it, so the only thing I can trade is forex, let's see how the things goes.

the first 2 trade are loser , it went down to about S$200.

Then I created a few trading set up which was good in the back test.

the GBP/USD daily 48 pip
and EUR/JPY daily 31 pip.

my account go up to S$530 after a few days, then I increase my position, unfortunately, the trade is a loser, my account today is S$296.

The reason to increase the position size, is about the money management and kelly formula.

If you want to reach the highest return , you will have to take the higest risk , in this case the max draw down could be 75% as per last month's data.

Why the trade fail, when I check, maybe because on the day the GBPUSD already moved 150 pip, in this case I can not take the trade.

GBPUSD 2 lot breakup and break down, all fail so -140USD
EURJPY 1 lot breakup and down all win, +6200JPY.

Monday, March 24, 2008

No trade From Mar 20-24, Easter holiday, better do not trade, the pattern is different, easy to lose money.

Tuesday, March 18, 2008

Trade 3.18

buy EURUSD at 22PM , stop 21, profit 72.

stopped out, because 3.19 2:15 am, Fec drop Int from 3 to 2.25

so USD up a lot,

Trading setup 4 , GBPUSD daily 8am

use hourly chart at 8am singapore time.
GMT 00:00
stop loss 25
profit 50
if previous day up, and close> mov(10)close
buy
if previous day down, and close< mov(10)close
sell
Tuesday do opposite trade.
can have no trade day.

Trading setup 3, GBPUSD 5-13-62

hour chart GBPUSD
daily GMT 6:00 except Tue and Fri
GMT 11:00 except Mon
stop 28, profit 72
ema 5>13>62 buy 60%
ema5<13<62 sell 50%
win 47%

Trading setup 2 Daily EURUSD 5-13-62

GMT 1:00 or 2:00 , 13:00 -15:00
Singapore time 9 or 10 am, 21-23 PM

hourly chart
ema 5 > 13 > 62
buy
ema 5 < 13 < 62
sell
stop 21, profit 72 or 70
win % 39.58

Can not trade on Wednesday AM and Fri PM.


long 100% capital
short 45% capital
because
win %
long 50%
short 35%

Trading setup 1, Daily GBPUSD Break Out

GBPUSD
GMT 8:40 , 16:40 Singapore time or 16:30-50
look at high , low of previous 60 minure.
only trade when H-L < 60 with full margin 90% capital /63
other times , can only trade 1 lot test, can not trade on full margin.
stop buy at high+4 or 6 or 2
stop sell at low -4
34 pip stop loss or 38,34
48 take profit. or 45-50
73.68% win, 19 trade win 14 in a month.

weekday win %

1 Mon 75%
2 Tue 66%
3 Wed 60%
4 Thu 100%
5 Fri 100%

when 100% trade in full margin. if have SGD400 buy2,sell 2 mini lot
others buy 1, sell 1.