As of 17:00 EST – we have 3 open trades
Closed:
None
Open:
-67 USDCAD .18 lots — I have to say this concerns me a little
-21 EURCHF .06 lots
-6 USDCAD .37 lots — this concerns me as well since they just double down 60 pips in a losing position – let’s see how it works out.
-$14.64 Open with swaps and commissions (that is $11 in the last day. Thank God for money management…
$996.49 Balance
$981.85 Equity
A commenter from another post asked why I chose the the 3 strategies I selected. I stated — I picked mine because of the smaller stops and decent performance. I looked at the whole list and marked off NO for big intraday drawdowns and then marked NO for performance problems. I have a few possible ones I’m looking at but these where just the ones I settled on for now. I also mentioned I would love to follow some of the other strategies, but my funding will not allow me to trade some many different strategies. In fact, trading the 3 I’m trading now is sometimes, giving me issues, because I have .3 lots open in the same direction. This is why I have closed a few trades manually.
Currently using:
System 1: ATRChannel – http://forexfiesta.com/systems_trend.htm
System 2: ForexFighterKO – http://www.forexfighter.com/
System 3: TheProfitClub – http://www.profits-club.com/?a=cust&page=performance
Update from another post and why I’m happy being even after the first week of trading.
1st Financial Gold has the following open positions:
USDCAD -894 -714 -737 with a .1 lot you are down 2345 pips
EURUSD -240 -138 .1 lots drops you another $338
all of the other positions for them are losing big time.
ForexGear – just as bad right now.
EURUSD -657 and -534 — how can you let a trade fall that far? Now ask why their winning percentage is 80% – because they let losers run. It is important to look at the open positions. Get that demo account and take a look. Very scary stuff on some of these guys. Share with us. Help everyone out if you have tried any of these guys.
As of 17:00 EST we had 3 closed trades and 1 open trades.
Closed:
-52 ATR Channel GBPUSD
+1 Forex Fighter KO GBPUSD
+14 ATR Channel GBPUSD – I closed this myself – the trade should have stayed open.
-37 Today (-40 with commissions)
Open:
+16 ATR Channel GBPUSD
$2543.66 Balance
$2558.66 Equity
As of 17:00 EST – we still have closed 8 trades with 7 winners and 1 loser.
Closed:
None
Open:
-17 USDCAD .18 lots
-12 EURCHF .06 lots
-$3.66 Open with swaps and commissions
Performance Fee of 20% for May was $0.87
$996.49 Balance
$992.83 Equity
As of 17:15 EST we had 2 closed trades and 1 open trades. All lots are still only .1
Closed:
+12 The Profits Club GBPUSD – nice little profit again. (5 for 5 | +35 pips)
+51 ATR Channel GBPUSD – It had a +51 the other day to bad this one just got stopped out because GBPUSD went back down (5 for 7 | +55 pips)
+63 Today (+61 with commissions)
Open:
-10 ATR Channel GBPUSD
$2583.75 Balance
$2573.75 Equity
As of 17:15 EST – we have closed 8 trades with 7 winners and 1 loser.
Closed:
None
Open:
-10 USDCAD .18 lots = -$1.79
-23 EURCHF .06 lots = -$1.14
-$3.22 Open with swaps and commissions
$997.36 Balance
$982.20 Equity
As of 17:00 EST we had 4 closed trades and 1 open trades. All lots were .1
Closed:
+4 The Profits Club GBPUSD
+2 The Profits Club GBPUSD
+28 Forex Fighter KO GBPUSD
+51 ATR Channel GBPUSD – again I manually closed this beacuse of too much exposure
+85 Today (+81 with commissions)
Open:
+90 ATR Channel GBPUSD
$2523.11 Balance
$2613.11 Equity
As of 17:20 EST – we have closed 8 trades with 7 winners and 1 loser.
Closed:
+$12.36 All closed trades
+$4.64 Today
I will figure a way to track this better.
Open:
+4 USDCAD .18 lots
-42 EURCHF .06 lots
-$1.72 Open
$997.36 Balance
$995.64 Equity
Okay, I have seen small quick results with The Profits Club http://www.profits-club.com trades in the GBPUSD so I have decided to add the EURUSD from them as well. I’m also keeping my eye on ProTradeFx http://www.protradefx.com – they seem to have pretty small stop losses. But I have not added them yet. If I do I may add USDJPY.
If anyone tries these guys out or any other fx-auto drop me your results info or feedback. Thanks…Minnelli
As of 16:41 EST we had 4 closed trades and 2 open trades.
The Profit Club: GBPUSD 17 pips
ATR Channel: +15 pips — this was a manual close I had .3 lots open long on GBPUSD with a potential of another .1 lots so I felt it necessary to sell one of them – good thing I did it was only 8 pips better than the system exited.
ForexFighter-KO : GBPUSD – 44 pips stopped out
ATR Channel: -44 pips the
Today: – 56 (-60 with commission)
Open positions: 2 different Short GBPUSB with ATR Channel +2 and +7
Balance: $2442.20
Equity: $2451.20
