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What to do… » Weekend update week 33
Home > Forex > Weekend update week 33

Weekend update week 33

August 15th, 2009

Quick review of the week on my live accounts.

w933_alpariuk

Alpari UK live micro account

It has been mixed results that ended negative on my Alpari UK account (€22 loss). The week started nice and steady, then both FAPT and MD got lingering trades on Wednesday that went into S/L and took 12% of the account. Once again I was contemplating to close those positions when they we’re just a few pips behind, but I didn’t, as I really don’t think I’m supposed to baby sit these EAs. Once again I wish I had closed them…

I have completed my migration of Alpari UK trading to the VPS at SWTech. I haven’t noticed any problems or extra gains due to the minimal latency, but I will monitor it closely. I see about the same slippage that I have come to expect from Alpari UK (not so often, but still happens enough to be annoying). As of Tuesday this week (18th) Alpari UK will start using floating spreads, it will be interesting to see how much reqoutes / slippage that will introduce.

I probably will change the setup for FAPT a little for next week. I will add EURGBP again, with small fixed lot size to start with, and I will lower the T/P on USDCAD in order to get more profitable trades (albeit with lesser gain). I’ve seen statistics of an account with this setup that has been doing great the last weeks.

w933_forex

Forex.com/UK live account

Since RoboMiner is the only EA on this account now the graph above is quite uninteresting. But it has been a great week with $99.46 in profit. 9 profitable trades with AUDNZD and 1 with EURCHF. Right now I have only one open trade in AUDNZD and four in EURCHF. The good thing with open EURCHF trades is that the swap is positive, IE I make a little every day they are open.

All in all RoboMiner is really nice, it does what it is supposed to do. Of course the pairs traded have to “co-operate” with the strategy and move around a little, we won’t make money otherwise. I’m very pleased with the results as of yet at least.

Next week I hopefully have a nice graph here to show you from my live Jade FX account. Happy trading :)

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