Update on my trades this week. - The primary basket hit SL of -1000 pips on Thursday 24-May. - Second basket is still active but at a big loss, -600 pips as I write this. My SL at -700 pips. - Big losses for the week but I am still significantly ...

CCFp weekly signals (set and forget basket trading)

I don't know for sure. Maybe 5%.

CCFp weekly signals (set and forget basket trading)

So far this week, my baskets have gone against me in a big way. My primary basket at one point was down more than 900 pips and my second basket was down 500 pips. The baskets have partially recovered. The primary basket is currently down "only" -550 ...

CCFp weekly signals (set and forget basket trading)

To Chau1985, following are the answers to your questions. - Yes, when I say # of positions, I mean number of trade suggestions by the CCFp indicator. The less positions are opened, the lower the trigger level. So -200 pips trigger for 6 positions ...

CCFp weekly signals (set and forget basket trading)

That is difficult to answer. Different people use it in different ways. In my case, I use it to trigger a second basket when my first basket drops by 500 pips. I don't really need a VB. I could just watch my first basket and when it reaches -500 ...

CCFp weekly signals (set and forget basket trading)

I think I covered everything about my strategy in my posts on this thread. I don't mind sharing my experience trading this way.

CCFp weekly signals (set and forget basket trading)

My VB triggered at -500 pips. Now I have 2 baskets. I'll sit tight and wait until things go in my favor.

CCFp weekly signals (set and forget basket trading)

You had 12 positions open. It can move a lot of pips in a very short time. If it had gone in your favor, you would have hit your TP of 30 very quickly and missed out on another 70+ pips.

CCFp weekly signals (set and forget basket trading)

What happened? Want to share some details?

CCFp weekly signals (set and forget basket trading)

Opened 1 Real and 1 Virtual Basket at 14:10 GMT per strategy. The VB is set to trigger at -500 pips. image We'll see how this plays out.

CCFp weekly signals (set and forget basket trading)

I let the strategy and the results from testing tell me what is the minimum number of pips I need as a SL to allow my strategy to work. Once I know my risk in pips, then I make sure that my position size and account balance are adequate in case the ...

CCFp weekly signals (set and forget basket trading)

I analyzed the major economic news events for that particular week: image Notice the high number of major news in 5 different currencies. My only explanation is that it was a “perfect storm” of economic news against my positions. Since one can’t ...

CCFp weekly signals (set and forget basket trading)

Now we look at what happened in Week 16. This new table shows the results for the year including Week 16: image When I opened that basket I had the Stop Loss set at -2000 pips, which it reached on Friday. This is the one and only time that a ...

CCFp weekly signals (set and forget basket trading)

Following are my main conclusions from the testing: 1. The baskets almost always had a big drawdown at the start of the week, especially on Mondays. I do not have the specific numbers but is just based on my observations. I wish I had been able to ...

CCFp weekly signals (set and forget basket trading)

RESULTS FROM 2017 I would like to show my results during testing of this basket trading. The results will give an idea how I developed my current trading system. Here is a table showing the results for the last 5 months of 2017. image Note that I ...

CCFp weekly signals (set and forget basket trading)

I open a real basket and a VB at the same time. UseVirtualBasket is set to False in one and True in the other. I use different accounts for my baskets.

CCFp weekly signals (set and forget basket trading)

Thanks for the help. Here is the preset file for my trading method. You will need to change the trigger level for the Virtual Basket depending on the number of positions as I outlined several posts back. If you download the file remember to change ...

CCFp weekly signals (set and forget basket trading)

I only set a 2000 pip "catastrophic" stop loss on all baskets. I have been considering lowering that to 1000 pips.

CCFp weekly signals (set and forget basket trading)

I've been using version 40.3 for some time now. I have not tried any newer versions.

CCFp weekly signals (set and forget basket trading)

No, it is not Martingale. With Martingale you are throwing money trying to recover a loss. The way I look at it is that I am trusting the direction of the signal. I am getting a better entry with the second basket.

CCFp weekly signals (set and forget basket trading)