Tuesday, May 03, 2011 7:39:41 AM
May 2 Breakout
3/12 wins, -117 pips
Okay, this has not been a great start to this strategy...
Two of the pairs (GBP/USD and GBP/JPY) had huge moves that I should have been able to easily ride down. These would have been captured by Lot 2, which had a trailing SL of 20 pips. I have to either increase the SL to give more breathing room or else reconsider the use of a dynamic SL.
GBP/JPY (Lot 1 = 11.9 pips; Lot 2 = 2.4)
GBP/USD (Lot 1 = 12.3 pips; Lot 2 = -8.9)
The other pairs didn't do as well. Hmmm... I may have to give this a bit of tweaking!!!
EUR/USD (Lot 1 = -20.2 pips; Lot 2 = -12.8)
USD/JPY (Lot 1 = -20.1 pips; Lot 2 = -19)
USD/CHF (Lot 1 = -20.4 pips; Lot 2 = -9.9)
EUR/JPY (Lot 1 = -20.1 pips; Lot 2 = -12.3)
3/12 wins, -117 pips
Okay, this has not been a great start to this strategy...
Two of the pairs (GBP/USD and GBP/JPY) had huge moves that I should have been able to easily ride down. These would have been captured by Lot 2, which had a trailing SL of 20 pips. I have to either increase the SL to give more breathing room or else reconsider the use of a dynamic SL.
GBP/JPY (Lot 1 = 11.9 pips; Lot 2 = 2.4)
GBP/USD (Lot 1 = 12.3 pips; Lot 2 = -8.9)
The other pairs didn't do as well. Hmmm... I may have to give this a bit of tweaking!!!
EUR/USD (Lot 1 = -20.2 pips; Lot 2 = -12.8)
USD/JPY (Lot 1 = -20.1 pips; Lot 2 = -19)
USD/CHF (Lot 1 = -20.4 pips; Lot 2 = -9.9)
EUR/JPY (Lot 1 = -20.1 pips; Lot 2 = -12.3)
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