Slow week

Been a slow week so far with not much movement, eur/jpy continue bouncing within range levels, but im happy with the results returned on this pair, so far +330 pips. Aud/usd is performing quite well with this method too. Im so tempted to port it over on real account.

System i applied on my real account continue taking losses plus tomorrow is a US holiday(Thanksgiving), would expect another slow day.

Result: -30pips

Selling continues

The majors continue to go lower early Asian session, the system manage to bag a couple of profitable trades. Except on Gbp/Usd which spiked and stopped open position. This pair is as vicious as its cousin, the beast.

Ended this week with good results, looks like i'll be testing this pair with aud/usd, now working on a better money management plan.

Result: +30pips

Carry trade continue downward move

The carry kept plunging today just like it did in July. Anyways, good for a breakout. System performing well during times such as this. All sell orders were triggered and profit except for eur/jpy. Now how long will this trend continue? more bad data seen on GBP and with the weakening dollar, i just need a directional move...choppy times sux!

Result: +30pips

BoE rate cut....gbp down

All 60pip and 95pip method triggered today and hit target profit plus both buy and sell order on Gbp/usd were triggered. News of Bank of England rate cut in 2008 pulled the pair down. Unfortunately my real order was stopped.

Result: -30pips

Missed by 1 pip!!

Not much movement today, looks like the pairs are taking a breather after 2/3 days of directional movement. Gbp/usd did retrace enough to trigger my sell order but missed by 1 pip on tp, eventually i was stopped. The rest of the system werent triggered.

Result: -30pips

Carry trade plunge yet again

Monday opened low with 50pip gaps, my short orders werent filled except for eur/jpy and full 95pip profit within the next few hours and goin lower more than 100pips after tp!! Carry trade pairs continue to sink with aud/usd now trading at 0.88, gbp/usd unable to break 2.11 barrier last week, now back at 2.07-ish.

Looks like a strong directional move last few days, ive seen choppiness kill the system now time to get some nice results.

Result: +0pip

The Carry trade unwinds?

Yen hit back today dragged down the prices, broke usd/jpy support level down to 110.60. Sell order was triggered and full profit locked in fast :)

Gbp/usd dropped today, closed at 2.0909 from 2.1161 high, following my trade plan, i manually closed remaining sell order as it expired. Fridays are always full of surprises, and never boring!!

So what will happen to the carry trade now? Weakening dollar, rise of junk bond spreads, lets see how it develops this month.

Result: +30pip

A Breakout day

It was another awesome day with all trade methods hit full profits. There was a USD rally during early asian session, eur/jpy and aud/usd orders were triggered and tp was hit fast. Gbp/usd started slow and choppy hovering at its daily support level, then made a gain just after US session opens, managed to touch 2.1110 before going down again. This was enough to trigger my buy order and full profit hit was when it touched 2.1105 just before closing time.

Awesome!

Result: +30pips

Dollar pounded

Gbp/usd today hit 2.1000, this pair has moved up from 1.9650 since August with alot of volatility. Looks like today usd took another round of beating against the majors. Now testing M60 with Aud/usd, today all 4 trades were profits. Hopefully the trend continues :)

Result: +30pip

Yikes!!

Results for October:
M95 Gbp/Usd = -333 pips
M60 Gbp/Usd = -270 pips
M95 Eur/Jpy = +600 pips

Extremely choppy conditions on Gbp/usd wrecked the system!! The pair however, continued its bullish run vs usd but volatility was high and most of my trades were stopped out. I am going to remove gbp/usd from 95pip list and replace with another pair to test, possibly aud or eur.

Eur/jpy did well last month with +600pips, only been 3 months since im on this system and will have to continue on with further forward tests. Hoping to for a better month in November!!

Result: -30pips