If I get 100 likes and 100 comments I will open a new thread with my 1 hour strategy !
Demand and supply ! ;) Let me know that you want it.
I will test it against the FTMO trial again.
Final update on the FTMO two week trail to make 5% on $50,000.
So I managed to reach my goal of not 5% but 10% on my $50,000 FTMO trail account.
This system using the 4h Kijun is just one of the systems I have done my best to perfect.
I also run other systems which are used on lower time frames...
Took a monumental hit to my equity last night. I think I had my stops WAY to close for comfort.
Two trades closed out in profit, AUDJPY @ +$238.98 and GoldUSD @ just +$53.50.
CADJPY, EURJPY and NZDUSD are all still running. EURJPY is protected.
Balance is now $53,842.26
But the equity was...
Update for tonight.
Currently running open trades at $1,350 in profit as I look at my screen. (Shows $1,250 in the screenshot)
Three trades are hovering around the entry point still but they will eventually get the message !
The past 7 trading days have been profitable even when scalping...
Update:
Two trades closed out today; GBPJPY @ +$351.85 and GoldUSD @ $818.50
This gave a total of $1,168.24 in additional profits. Balance is now $53,551 and equity is $54,500.
I hope to double the FTMO requirement of $2,500 by the end of the week. Still no negative trades so far.
I entered...
Quick update on Mondays trading.
Currently have $1220.00 running positively. Three trades positive and one trade about 10 pips negative.
Total equity right now is $53,615.
Last week the trades were quite short as the aim was to pass the FTMO as soon as possible.
This meant that a lot of trades...
EURJPY looks like it is setting up to be a good trade but I cannot take this signal.
I have 2% of the account equity exposed to two JPY trades right now.
Never expose more than 2% across any one currency.
It may be possible to protect Gold/USD soon and then there will be only two trades...
Just opened a trade on Gold/USD.
One trade protected and three unprotected = exposure of 3% total.
That's enough exposure for now. Time to let price action take over for a day or two.
Once I have more trades protected I'll be looking out for another.
Hey all,
So as of right now I have passed the two week FTMO challenge to make 5% on a $50,000 account.
My GBPJPY trade has finally taken off and is now running at $460.00 in profit. Current equity is $52,800.
I could close everything right now after one week of trading and claim my free, funded...
NZDCAD did eventually pullback this evening and took out my protective stop loss giving me $166.58 profit.
Altogether there were 10 trades opened and all closed positive giving a total of $2383.50
On a $50,000 account this equals a 4.767% return for the first week and risking 1% equity per...
Quick update.
My account metrix seems to not be updating on my FTMO profile. Only seven of the nine trades appeared.
I have been advised to stop trading for the next few days while they resolve it.
I was hoping to have some fancy graphs and stats from that website. I'll just have to let FTMO do...
Bitcoin has just broken the Kijun line on the 4 hour chart however the current candle has not closed.
Looking at the chart there may be some caution advised on this Kijun break.
Bitcoin has a tendency to repeat patterns and there is one marked on the chart in the rectangle.
The circle is...
All trades closed out for today. Looks like the NZD pairs are going to retrace now.
Today was quite profitable and took in a total of $983.27. Account now stands at $52,218.51
Opened just one trade tonight and that's the AUDNZD. Lot size is the standard 0.5 L.
It looks to be in a downtrend and...
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