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sorilli's ACD system journal
Started Mar 20, 2013|Trading Journals|24 replies
This is my journal covering my trades. I’ve been trading FX since January 2012. I have a ...
GBPUSD stopped out: -28pip A up formed: buy 1 minilot @ 1.5179; SL 1.5114 watch this pair closely because market near limit of daily range EURUSD: A down through pivot: sell 1.8 minilots @ 1.2910; SL 1.2931, TP 1.2855
GBPUSD failed A up with long PIN bar: sold 2 minilots @ 1.5122, SL 1.5150 TP 1.5050 EURUSD pivot slice but no entry (RR=<1)
So, my system is based on “The Logical Trader” by M. Fisher, i.e. the ACD system. I only trade GBPUSD and EURUSD, 15min timeframe. I trade a live account. Opening ranges (OR) are: GBPUSD – 8.00-8.30 London time EURUSD – 7.00-7.30 London time A and C ...
This is my journal covering my trades. I’ve been trading FX since January 2012. I have a ...
Forgot to mention that I only trade the GBPUSD with this method for now - because of the oftentimes narrow asian range and strong breakout at London open. John, does your current method work for other pairs too? Also, do you think that SL and TP ...
JohnW - many thanks for an interesting method. I did a (very preliminary) backtest on Forextester with 100 trades and got the following result: 0.78 trades per day win rate 48% average win/average loss 1.24 Also, the method seems to work best if the ...
Hi there, I trade a very similar strategy using the 15min chart, GBPUSD only: 1. look for tight asian range between 0.00 and 6.00 GMT, max. 40pip 2. ignore any breakouts before London open at 8.00 GMT, especially fake breakouts on Frankfurt open 3. ...