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First session with Forex Harvester

I traded my first session with Forex Harvester yesterday evening. As I’ve mentioned before it trades the gap in prices sometimes produced between Friday (NY) close and Sunday (Sydney) open. I set the EA up on the five recommended pairs (EURJPY, USDJPY, EURUSD, GBPUSD and USDCHF) last evening just an hour before market open. It was a very easy process as there really isn’t many parameters to tweak. The only one really is if you want to use Money Management and set a risk % or if you want to set fixed lot sizes. I choose MM and 1% risk (default is 20%). 1% might sound as nothing, but it is good to be cautious. I don’t ever think I will trade it with the default risk (20% is ultra huge), but I will increase it as it proves to be a stable winner.

So how did it go? It went great. Gaps was present in all pairs except USDJPY and Forex Harvester traded them very nicely. In total it did 35 trades which trapped 409 pips. As I traded the minimum risk (1% which gave 0.01 lot size) that only equated to $41.16 in gains, which of course isn’t too much to brag about (less than 0.5% of the account), but this was a very nice start.

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