Result: +153 pipsSell USDCAD: 1.4129
TP: 1.3976
SL: 1.6023 - 50 pips in above of the 261.80%.
Analysis and signal
- Thread starter forextrader1990
- Start date
February: +591 pips
March: -5293 pips
April: +8089 pips
March: -5293 pips
April: +8089 pips
Sell EURJPY: 117.07
TP: 116.16
SL: 130.42
TP: 116.16
SL: 130.42
forextrader1990,
If you don't mind me asking...what's your percentage win rate since the start of your trade journal here at Elitetrader.com ???
wrbtrader
It's ok.
I think my strategy profits 99% totally. During months. During a year. I mean I will probably take profit during a year. But I can't say a monthly percentage for it. Because it's so different between months.
I started with a 10000$ account and it's now 13000$. 30%.
Volume is 0.10 but it could be 0.20 and the percentage could be 60%.
Last edited:
I change the TP and put it on 116.37Sell EURJPY: 117.07
TP: 116.16
SL: 130.42
Sell EURNZD: 1.8104
TP: 1.7906
SL: 1.9338
TP: 1.7906
SL: 1.9338
Result: +70 pipsSell EURJPY: 117.07
TP: 116.16
SL: 130.42
Result: +198 pipsSell EURNZD: 1.8104
TP: 1.7906
SL: 1.9338
I edit my strategy.
How I trade?
For example, In an uptrend trend line, When the price breaks out the trend line, after 50 pips, I buy. I put 40 pips TP and put the SL, 50 pips in below of the 261.80% of the Fibonacci.
The SL is big but I have to put a big SL. And it profits about 99%.
If the price touched the 161.80%, I buy again. I put the TP on the first TP and put the SL, 50 pips in below of the 261.80% of the Fibonacci.
Sometimes 161.80% of the Fibonacci is near to the break point. In these cases, I use the 261.80% instead of the 161.80%.
I work in the H4 time frame. But sometimes I trade in daily time frame and the first trade will be on a different point. For example 100 or 150 pips.
Sometimes the first SL is so big. In these cases I may trade about the middle between the first trade and the 161.80%. I put the TP on the first TP and put the SL, 50 pips in below of the 261.80% of the Fibonacci.
For the first trade, Sometimes I wait more than 50 pips for a better TP.
If the price touched the 261.80%, I buy again and the volume will be *3.
How I trade?
For example, In an uptrend trend line, When the price breaks out the trend line, after 50 pips, I buy. I put 40 pips TP and put the SL, 50 pips in below of the 261.80% of the Fibonacci.
The SL is big but I have to put a big SL. And it profits about 99%.
If the price touched the 161.80%, I buy again. I put the TP on the first TP and put the SL, 50 pips in below of the 261.80% of the Fibonacci.
Sometimes 161.80% of the Fibonacci is near to the break point. In these cases, I use the 261.80% instead of the 161.80%.
I work in the H4 time frame. But sometimes I trade in daily time frame and the first trade will be on a different point. For example 100 or 150 pips.
Sometimes the first SL is so big. In these cases I may trade about the middle between the first trade and the 161.80%. I put the TP on the first TP and put the SL, 50 pips in below of the 261.80% of the Fibonacci.
For the first trade, Sometimes I wait more than 50 pips for a better TP.
If the price touched the 261.80%, I buy again and the volume will be *3.