Tuesday 30 October 2007

Back to Square One

Closed long USD/JPY for -4 pips. Lame price action again.

Just over 1 week of testing, I am getting nowhere with the system 'yet'. The system had given back all of its gain last week, mostly due to the GBP/USD trades.

It is important to note that my current strategy is solely based on the H1 (hourly) entry on the five major markets. I have yet to try the longer time frames (such as H4 and daily), and possibly other markets?

Trade no.: 15
Pips lost: -4
Accumulated pips: 0
P/L: -$32.25
Total P/L: $1.51


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