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Forex Results 11th January to the 31st January

Sam J — Mon, 01 Feb 2010 10:18:49 +0000

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– Robo-Miner Action –

12 trades closed for $36.83 Profit

-$0.69 swap

~1000 Pips Draw Down Currently

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Profit of +$36.14 for the 3 weeks.

~$12 a week average.

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Sorry don’t have time to go on about what’s been hapenning this month.

Basically I’m going to be waiting until my drawdown closes more even and then swap to a new broker i have lined up

Forex Results 4th January to the 10th January

Sam J — Mon, 11 Jan 2010 10:16:11 +0000

Another $20+ week.

I’m coming around to the idea:

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– Robo-Miner Action –

3 trades closed for $9.65 Profit

-$0.00 swap

~1080 Pips Draw Down Currently

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- ROBOT – | – PAIR – | – PROFIT -

FAPt | EURCHF | +$0.00

No Trades Opened

No Swap

- ROBOT – | – PAIR – | – PROFIT -

MDP| EURCHF| +$0.00

No Trades Opened

No Swap

- ROBOT – | – PAIR – | – PROFIT -

MDP| EURUSD| +$0.00

No Trades

No Swap

MANUAL TRADES:

3 Trades Opened

No Swap

+$14.09

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Profit of +$23.74 for the week.

———————————–————————

That I’m not worried at all about the fact that RoboMiner is drawing-down quite a large amount, I know it will bounce back down, BUT because of my small account size, it is very risky…

Let’s just hope it bounces back for a while so I don’t have to add some more credit.

Happy Trading,

Sam J

****
Have a Mountain to Climb? Anne a lay Apostle

MegaDroid Pro USD/CHF

Sam J — Fri, 24 Jul 2009 07:45:43 +0000

Logic = 4

Not Aggressive or in Recovery Mode

Modelling quality 90.00%

Profit Factor 2.03

Conclusion

This pair is looking a little bit like EUR/GBP in that the logic used to trade this pair was built using data during an older period.

Shows solid balance increase from the start to near the last few months, where it looks quite bad.

As far as I’m concerned, It’s not solid enough for this trading window.

I’m going to avoid this pair for now until either the logic is re-done, or the trading conditions slip into their old fashion.

That’s it for now,

Happy Trading,

Sam J.

MegaDroid Pro EUR/GBP

Sam J — Fri, 24 Jul 2009 07:21:12 +0000

Logic = 3

Not Aggressive or in Recovery Mode

Modelling quality 90.00%

Profit Factor 4.31

As I’m sure you can see, the last months were hardly profitable, which indicates to me that this strategy was created using older data that isn’t valid in the current market conditions.

Of one thing I am sure though, this pair is not profitable with this robot in these current conditions.

Here is the last few months ‘zoomed’ in to give you a clear understanding of the conditions:

1.44 Profit Factor

Conclusion

I’ll not be accepting EUR/GBP unless conditions change back to as they were a few months ago, OR if MD is updated to suit the current market.

Cheers,

Sam J

MegaDroid Pro EUR/CHF

Sam J — Fri, 24 Jul 2009 07:07:08 +0000

Logic = 2

Not Aggressive or in Recovery Mode

Modelling quality 90.00%

Profit Factor 3.18

Conclusion

As expected (As one of the main MD Pro pairs), EUR/CHF did particularly well in backtesting.

Now to see how it fairs in forward testing, HELLO EUR/CHF, come join the party

Cheers,

Sam J

MegaDroid Pro GBP/CHF

Sam J — Fri, 24 Jul 2009 06:38:38 +0000

Logic = 4

Not Aggressive or in Recovery Mode

Modelling quality 90.00%

Profit Factor 5.24

Conclusion

Little bit rocky towards the end of the graph there, but I’m keen to give it a go anyway.

Probably the potentially most profitable pair so far, but MT4 has a very dodgey strategy tester, so I’m not relying on it.

Best way to know for sure is to give it a go in the open world.

Say hello to the next pair to join the elite team.

Cheers,

Sam J.

MegaDroid Pro EUR/USD

Sam J — Fri, 24 Jul 2009 05:40:16 +0000

Logic = 1

Not Aggressive or in Recovery Mode

Modelling quality 90.00%

Profit Factor 5.40

VS

Logic = 1

Not Aggressive or in Recovery Mode

Modelling quality 90.00%

Profit Factor 3.18

SUMMARY

When comparing the EUR/USD pair, a simple change of the aggressive setting can result in a large difference to both your own mindset with it trading, and also to your pocket.

In saying this, the much lower maximal drawdown of the non-aggressive setting far outweighs the extra NET profit of the aggressive setting.

CONCLUSION

So in conclusion, I’ll be using EUR/USD without recovery mode on, nor with aggressive mode on.

I’ll keep testing pairs and hopefully find the most powerful set and put them into action ASAP.

Happy Trading,

Sam J

Week Ending 18th of July

Sam J — Mon, 20 Jul 2009 08:47:40 +0000

How was the week?

Well in the general forex world there was some upsets in the major pairs.

Fortunately, my profits for the week far outweighed my losses from the upsets.

NET profit of $30.24 for the week. For an upsetting week to turn out almost as good as a normal week for me makes me quite happy

Probably worth noting that for the next week, I’ll likely only run EUR/USD and EUR/CHF pairs with MegaDroid Pro, both pairs at 0.50 risk.

I’d rather focus on these two pairs for now, until I know I’m happy.

Catch you all soon,

Happy Trading,

Sam J

Week Ending 3th of July

Sam J — Sat, 04 Jul 2009 05:18:14 +0000

Not a bad week.

9 trades, all profitable ones…

Made NET Profit of $40.03

I’d like to see more trades from MegaDroid, but one can only wait

Happy Trading,

Sam J

Forex Results – June

Sam J — Fri, 03 Jul 2009 07:20:14 +0000

Only made a NET profit of $13.18 over the dirty month of June

I have my reasons though and am happy enough not to have been in a loss.

Firstly, my computer was buggered for pretty much the entirety of June, and there was a few shockers in the market with the pairs I was trading too, so really…

All in all I’m still happy.

Without Further A due:

Happy Trading,

Sam J