yonnie, Not sure what you mean yonnie. Every 1st trade starts exactly the same size. In this forward test, that is 1x, whether that be 0.01 lot or 1 lot, so each one of those 1399 pips is the worth the same $ value, other than the fact that a CHF ...

SAR system based on QQE Adv and MACD Platinum

yonnie, I'll check it out. Thanks for the tip. Trade update: As I type this, GBP is verry close to break even, but not quite. EUR is now long 2x at 1.3337. 3rd trade in the sequence. There was a loss of -20 on the previous short, and add that to the ...

SAR system based on QQE Adv and MACD Platinum

Trade update: AUD is now short 2x at 1.0535. This is the 3rd trade in the sequence. There was a loss of -13 on the previous long, and combine that with the -40 loss previously, now have an overall loss of -53/2 = 27. Target for break even is now ...

SAR system based on QQE Adv and MACD Platinum

Yonnie, Thanks for the comments. You are right, there is a lot of sideways action at the moment, especially on the EUR/USD and AUD/USD. The way I look at it, is that it's a numbers game. The breakouts will eventually happen, but nobody knows when. I ...

SAR system based on QQE Adv and MACD Platinum

Once a Forex Trader, always a Forex Trader firedave. I could say the same about you.... Trade update: GBP now long 5x at 1.5855. There was a profit of +65 on the previous short. 65x3=195 As there was a carry over loss of -368, I will deduct this 195 ...

SAR system based on QQE Adv and MACD Platinum

Not much happening in the markets at the moment. At least the GBP is heading in the right direction, but 12x 4hr candles on the EUR all within a tight range. The market must be waiting on something and it is bound to pop one way or the other! Down ...

SAR system based on QQE Adv and MACD Platinum

Good question David. When I manually backtested a few charts, I did go with your second option where I would just continue with the next position size in the sequence and deduct the profit from the overall target, so in theory it should not only be ...

SAR system based on QQE Adv and MACD Platinum

Trade update: EUR/JPY is now short 1x at 119.54. There was a profit of +157 on the previous long. All 6x pairs now short. Something will change soon I'd imagine. Cheers. Jim Start Date : Jan 10th 2013 Closed results to date : +1217

SAR system based on QQE Adv and MACD Platinum

Okay, here is my first screen shot. It is of the GBP as that is the current problem child. First up I would like to apologise for a mistake I have made in calling these trades. It appears on page 3 of this thread I called a wrong entry price on the ...

SAR system based on QQE Adv and MACD Platinum

yonnie, Thanks for the comments. Martingale and hedging have always been a tempting way for traders to see the market, but as we all know, pure martingale is not really viable as it will either blow your account or the position size compared to ...

SAR system based on QQE Adv and MACD Platinum

foArex, I think I understand what you are saying. Not sure how it fits in with the method discussed in this thread. There is no mention of a stop loss in this method, but I do take your point on using smart money management. You are right, you have ...

SAR system based on QQE Adv and MACD Platinum

Trade update: EUR is now short 1x at 1.3303. There was a loss of -3 on the previous long. So I have to make this up first, therefore break even target for the sequence is 1.3300. Just a couple of observations here looking at the 4hr chart. Possible ...

SAR system based on QQE Adv and MACD Platinum

Trade update: CHF is now short 2x at 0.9329. There was a loss of -47 on the previous long, and added to the loss on the first short trade, that is a total of -112. As this position is for 2x lots, divide this by 2, which now gives a break even ...

SAR system based on QQE Adv and MACD Platinum

Yes Kirk, the GBP is looking a little ugly. Another thing is that the CHF and EUR have both been heading up for the last few days. Something not right there and one of them will change direction soon as they are normally highly correlated in the ...

SAR system based on QQE Adv and MACD Platinum

Trade update: Just had the Oanda 4hr charts tick over again at 11pm local, and there was some movement. GBP is now long 2x at 1.6027. It never reached the break even target (not even close) and this is now the 3rd trade in the sequence. The previous ...

SAR system based on QQE Adv and MACD Platinum

Trade update: The AUD fell nicely and achieved the break even price for the sequence at 1.0508, so that sequence is now closed at this price for an overall break even result. Remember there were three trades in this sequence, with this final trade ...

SAR system based on QQE Adv and MACD Platinum

Trade update: EUR is now long 1x at 1.3306. There was a profit of +27 on the previous short. E/AUD is now long 1x at 1.2613. There was a profit of +19 on the previous short. All other pairs remain as is for now. Cheers. Jim Closed results to date : ...

SAR system based on QQE Adv and MACD Platinum

Trade update: E/JPY is now long 1x at 117.92. There was a profit of +115 on the previous short with that sequence now being complete. No other changes to the other pairs for now. Cheers. Jim Closed results to date : +834

SAR system based on QQE Adv and MACD Platinum

Kirk, you ask and you shall receive, as the GBP has now gone short 1x (2nd trade in sequence) at 1.5979. There was a loss of -89 on the previous long, so now have a break even target of 1.5890. No other changes to the remaining open trades. I have ...

SAR system based on QQE Adv and MACD Platinum

Hey guys, thanks for the input on the thread. I have no problems discussing martingale here. I know it will eventually blow your account if you are not smart about it. It has happened to me a few times. I guess the trick is to get to a stage where ...

SAR system based on QQE Adv and MACD Platinum