GBP.USD & EUR.USD - Proof of Profits Verified

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Pending orders are now placed for this week (trade levels mentioned in prior post) - all to do now is sit back and watch.

The great aspect of designing a systematic approach is that there is zero intervention.

When aspiring FX traders / speculators get to this level they will enjoy the game so much more ;)

It's a game of statistics, nothing else.

https://www.myfxbook.com/members/BFXequity - verified account
https://twitter.com/RISKonFX - random thoughts...
 
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It’s starting to look like I’ve just missed the short in EU by less than three pips (we got there yesterday and have failed to equal that or indeed trigger the order so far today at the time of writing this).

Quite often the orders I place are right on the edge of prior price levels, aiming for maximum potential, the trade off is that you don’t always get your entry.
 
EUR.USD.... Will we get a second shove from this level? Either way, I wasn't aligned to the market levels enough this time, frustrating as the margin of error was rather small.

I'm not keen on trades which get triggered later in the week - there's a strong correlation in this system against: "profitable trades plotted against length of time a pending order remains open before being triggered"

Either way though - I said i'd update this thread with not only the good, but also the bad and the ugly.

We could have been sitting rather pretty right about now :vomit:

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f you want to trade it is better to front-run

I've looked into this concept too, with the immediately obvious trade-off being that of an extend stop range (due to the early entry [front running] vs that of not getting filled; which in this case would have worked in my favour as you pointed out.

Agree with the quarter analysis, something I used to also look into quite heavily was placing orders at the bigger round number levels [00 / 50] which has some decent merit.
 
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