March 25, 2012

ForEx Trend Rider

Week 4

EUR/USD 15 minute (flat £10 per pip)

Note I work with additional filters:

Both MAs below trendline for a sell, or above for a buy

Some degree of separation between the MAs

Don’t trade off a large bar (think this is in the manual anyway)

This seems to result in 1 trade per day. At the end of the trial I will summarise my entry times.

Date Time Direction Stop Pips  P/L
20-Mar 10:15 Sell 31 29  £       290.00
20-Mar 17:15 Buy 18 0  £                 -
21-Mar 14;30 Sell 20 -20 -£       200.00
22-Mar 16:15 Buy 22 20  £       200.00

Week 4: 29 pips for £ 290
Overall:  221 pips for £ 2210

4 hour trades are reported once per month

Usual caveats apply:

Trading ForEx is discretionary; I’ll see trades other people won’t and miss trades that they take. We all read the market differently; therefore your results will be different from mine. Further, I am experienced trader with over 4 years’ experience. Although I try my best not to colour my trials with this experience it is impossible to remove it completely.

Filed under Forex,Spread Betting by Arthur

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