Most wins in a row = 14 Most losses in a row = 3 (this was during the 7 week period from middle of June to end of July when there were 14 losing trades in a total of 35 trades) Since then the most losses in a row have been 2.

daily range Strategy

Hi there, Sorry, I'm not sure what you mean by this. I manually backtested all the trades and noted the point at where the Buy or Sell trade would have been triggered. After this the Stop Loss is set at 25 pips above/below the entry price and the ...

daily range Strategy

Oops sorry forgot to mention it - thanks for pointing this out. The data I posted in entry 397 relates to the straddle of the London open at 8.00am GMT.

daily range Strategy

Hi Matt I only have data back for 130 days, which is about 1/5.5th of what you're detailing here. I have looked at 22 pip straddle with a 23 pip target (20 pips net of spread) and 25 pip stop loss (28 pips including spread). The only other variation ...

daily range Strategy

Hi Bill SB is a SpreadBet account - such as with CMC. Jilly

daily range Strategy

Yes, you're right. I've just checked back and two of the three losing trades would have been ok if I'd traded with a 25 pip stop loss (28 pip with spread) that would give me another +40 and a -8 to add on to the one remaining losing trade - which ...

daily range Strategy

Yes, but it wasn't really a reversal today - just another break of the high which was triggered by the open of the Dow. As I trade the Dow then, to be honest, my attention was elsewhere. This is the appeal of MarkJ's system's, in that it trades ...

daily range Strategy

Looking back over the past 4 weeks of data I have a 22 pip straddle seems to work ok and would eliminate days like today and yesterday where it went through by just 1 pip. As I have an SB account and don't trade in lots, I'm changing the rules ...

daily range Strategy

$1,000,000 that's about £530,000 - Hmm not as much as I thought. I'd withdraw £400,000 to buy myself an apartment/pay legal fees etc. and then keep trading with the remaining £130,000 to provide myself with a yearly income.

So your brokarage account just hit 7 figures

Another Failed Trade — Well a second day where the Cable exceeded the 20 pip straddle by 1 pip and went on to give us a failed trade. Does anyone have any data on if it has done this many times before? If so do we need to look at increasing ...

daily range Strategy

Interestingly enough though, this is the first time in the last 4 weeks (at least - that's all I've quickly checked) that this trade has been stopped out on news. The previous times were all where the Cable just meandered slowly towards the stop. So ...

daily range Strategy

Hi Howard, Thanks for your reply. I must admit Kamanda doesn't seem to have given us all of the parameters for his trading system and just looking at it based on +55 or -35 pips, it seems a bit hit and miss. I've been looking at a trailing stop for ...

daily range Strategy

Hi Micardo, An excellent thread and strategy that you have here, I've been following it for some time now - sort of lurking in the shadows. I have a question for you, if you don't mind. With both of the strategies you discuss trading 3 lots, however ...

daily range Strategy