Home > Forex > Account update week 32

Account update week 32

August 8th, 2009

It is that time again, called weekend, when I usually analyze the weekly performance. This time it isn’t an awful experience. It really have been a terrible few weeks, but hopefully that is behind us now and we can begin rebuilding our accounts steadily. The recovery really started with getting rid of GridBot a few weeks ago thou.

w932_alpariuk

Alpari UK live account

Above is the graph for my Alpari UK micro account. €77.84 gained since last weekend. The only real loss was a USDCHF trade by MD Pro that I manually interveined with when it was in drawdown. I shouldn’t have done that, it had recovered and probably closed break even if I just had left it alone. This isn’t the first time the same thing happens, hopefully I have learned the lesson this time… I ought to since the whole point is that the Experts should be able to trade on their own.

Other than that trade it was a very nice steady week. MD had a solid week with only winners. FAPT made nice results in both EURCHF and USDCAD. Last weekend I changed the end time for FAPT to 23 GMT for both pairs, and I really think that was a good change. Most of the big losses have occurred later in the session. I will look into the starting times even more now, I probably will start several overlapping charts with FAPT with different risk taking. It is clear to me that the first trades taken is much more profitable than later in the evening, perhaps we should exploit this with higher lotsizes for the first trade… I’ll probably try a setup in demo and see what happens.

_

w932_forex

Forex.com/UK live account

The graph for Forex.com/UK also looks nice this week. $87.49 gained in total. The bump in the beginning is the same USDCHF trade by MD Pro as above. I’ve actually removed MD Pro from the account after that trade, not because of it per se, but because of 3 crashes. One of the crashes hindered the very nice EA RoboMiner from a trade (it cost me $11). So now that account is only traded by RoboMiner, and it is doing great.  I run 0.04 lots with AUDNZD and 0.03 with EURCHF. Very tempted to add even more funds and up the lotsizes.

Finally some recovery.

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  1. August 10th, 2009 at 10:45 | #1

    Congratulations on the profits finally!

    I have run some EURGBP recently on my PFGBest ECN - and it looks to be worth it again.
    You may want to add this to your trading pairs in FT.
    Look out for the spread though, it looks to work best with low spreads, really.

    //Hansen

  2. August 10th, 2009 at 12:20 | #2

    Thank you very much Hansen. Now I just need a few more of these 10+% gain weeks :)

    I stopped trading EURGBP with FAPT about a month ago after running 0.01 lots for a few weeks. Perhaps I should start with 0.01 again and re-evaluate. Thanks.

  1. May 6th, 2013 at 22:53 | #1
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