MoneyTec Traders Community Forum - View Single Post

sr2 · 28-01-2005, 09:38

Ok here is a little more analysis work I did on my Jan trades.

BTW it looks like there may be a GBPUSD trade at 16:00GMT today.

Anyway please refer to the posted results so far. Basically if I had stuck to my rules of 100 SL and TP then this is how the trades would have ended (these are listed in the same order as the previous ones):

AUDUSD - TP target hit
USDCAD - TP target hit
EURGBP - TP target hit
USDCAD - TP target hit
EURCHF - Would still be in trade but down about 60 pips
GBPJPY - TP target hit
USDJPY - SL target hit - Missed TP target by 1 pip!!
AUDUSD - TP target hit
EURGBP - Still in trade with more profits

So for all except 1 trade so far the TP target was hit. There are 2 which would still be open. If I remember I will check what the outcome would have been next week.

I am using Metatrader to demo trade but will hopefully switch to RefCo or GFT in the next few days.

SR2

28-01-2005, 09:38	#20
sr2 level 3 Join Date: Jun 2004 Posts: 164 Downloads: 0 Uploads: 0 Rep Power: 0	Ok here is a little more analysis work I did on my Jan trades. BTW it looks like there may be a GBPUSD trade at 16:00GMT today. Anyway please refer to the posted results so far. Basically if I had stuck to my rules of 100 SL and TP then this is how the trades would have ended (these are listed in the same order as the previous ones): AUDUSD - TP target hit USDCAD - TP target hit EURGBP - TP target hit USDCAD - TP target hit EURCHF - Would still be in trade but down about 60 pips GBPJPY - TP target hit USDJPY - SL target hit - Missed TP target by 1 pip!! AUDUSD - TP target hit EURGBP - Still in trade with more profits So for all except 1 trade so far the TP target was hit. There are 2 which would still be open. If I remember I will check what the outcome would have been next week. I am using Metatrader to demo trade but will hopefully switch to RefCo or GFT in the next few days. SR2