So I mentioned that we scaled up to a 10k account and this always happens... after a good month of great results, my first day int he scaled account almost ended in a disaster. You can see the blue lines.. these were my long trades in the Dow today... I kept buying into the move down... I was h
Read Full StorySo here are the results of the 1 month trading in a live account where I am now as of Monday 18th November... scaling into with a $10k account. I made $1192.70 with a $1000 account, a 119% increase. We are using a highly leveraged account to achieve this but the drawdowns have been manageable..
Read Full StorySo the portfolio I’ve been running on a small live account has done really well, over 100% return running across 3 algos in the portfolio. Results are great and it’s times to capitalise which is why it’s time to scale up now.. my account doubled to $2000 and I’ve added another $8000 to make
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Last night, I had put on an order to buy Crude Oil at 88.50. There was a nice bullish pinbar and I thought that we would see a retracement before a further move up since the bar was already so bullish (strong moves usually mean a pullback somewhere before further moves). The price action was strong and it didn't retrace at all and moved a further 200 points up. Unfortunately for me, it meant that my buy order wasn't trigger and I missed the action.
Today we got stopped out on our Euro trade.. if you look at the chart yesterday evening, you can see that there was a bullish bar.. it wasn't quite a pin but you can see that there was buying where the price had hit the 20 day MA line. At that time, it looked like a good place to go long and so I did! However, as you can see with today's price action, the market pretty much went into freefall and invalidated our entry and stopped out our trade. We lost 60 pips!
Today, we saw massive moves on the Yen pairs. USDJPY had gone up around 250 pips and the GBPJPY around 600!! On the 2nd of April, I had put on a long for the USDJPY pair after it had bounce off support. I saw that the longer term trend was up but the market was going through a retracement.. I thought that this was an opportunity to go long so I did. I set my stop at 100 pips which was below the previous low and a target of 100 pips also for a 1:1 risk reward trade. As you can see from the
