ODL H1 Trade Summary by Pair

Hi guys,

I have done a small analysis by pairs for Demark H1 trades using ODL feeds. I think that GBP Crosses is showing alot of potential to be profitable pairs using this timeframe. I will let it run for January 2008 and see how all the pairs will perform...but at the current moment, i think GBP Crosses are my favorites! For GBPUSD...let's give it a benefit of doubt first...I truly hope that all of you readers out there have benefited from my analysis. Our goal is to make money in this brutal forex market.

IBFX n ODL Clarifications

Updates on my Auto Trading System

For H1 ODL, i am trading at 1 standard lot with 100k balance, pip value is between 8.64 - 10$ per pip.

For H4 IBFX, i am trading at 1 mini lot with 10k balance, pip value between 0.86 - 1.00$ per pip.

Please don't confuse yourself with my data.

I get the Realised Pips just by calculating the difference between Close n Open price.

InterbankFX H4 Demark Trades

Hi Guys,

H4 Testing on the Auto Trading System was started since 14 December

EURCAD chart was distorted, I am not sure why...maybe technical glitch..any of u experience the same thing for this pair? Try open H4 EURCAD n see for yourself..For this i have excluded the results for this pair.

The account is up about 22%, (around 2,2000) from the initial demo deposit of 10K if we do not include EURCAD.

I am trying to be more profitable maybe one option is that if my TP is too big (more than100 pips per position), I will move the SL to BE when in +50 Pips Profit. Has any of u try this before? Appreciate if u can give me some feedbacks.

Here is my analysis so far by pair

AUDJPY: Still O Pips.
AUDUSD: (+418 Pips) Down from +433
EURAUD: (+50 Pips) New Entry
EURCHF: (-3 Pips) Up from -75
EURJPY: (-193 Pips) Unchanged
EURUSD: (+89 Pips) Up from -267.
GBPCHF: (+658 Pips) Up from -471.
GBPJPY: (+945 Pips) Unchanged
GBPUSD: (-80 Pips) Up from -344.
NZDJPY: (+452 Pips) Down from +717
NZDUSD: (+562Pips) Unchanged
USDCAD: (+330 Pips) Up from -163
USDCHF: (-194 Pips) Up from -205
USDJPY: (-412 Pips) Down from -308

Closed Trades





Open Trades



Summary

ODL H1 Trade Analysis

Hi Guys,

I have tested H1 on ODL since 17 November 2007 using the Auto Trading System.
Here is my analysis so far by pair as of 24 December 2007.

Here's the story so far...

LOSERS
AUDJPY: - 354 Pips
AUDUSD: - 328 Pips
CADJPY: - 912 Pips
EURUSD: - 226 Pips
GBPCAD: - 616 Pips
GBPUSD: -188 Pips
NZDUSD: - 757 Pips
USDCAD: - 465 Pips

WINNERS
EURCAD: 106 Pips
EURJPY: 936 Pips
GBPCHF: 221 Pips
NZDJPY: 385 Pips
USDCHF: 44 Pips
USDJPY: 120 Pips
GBPJPY: 1348 Pips (GREENPIPS SNIPER)



Below is all the Open Trades.
Check out GBPCAD! +2,000 Floating PIPS!



Here is the detailed account statement.

Demark TLines H4 Analysis

Hi Pippers,

I have just completed the First Week Testing Trading Demark TLines on the H4 Timeframe. My Analysis By pairs so far:

AUDJPY : (0 Pips) Could have trail more than 100Pips Profit per position.
AUDUSD: (+433 Pips)I am beginning to love this pair. Very Promising!
EURCAD: Result Void as i traded it on H1 instead of H4!
EURCHF: (-75 Pips) Still too early to judge.
EURJPY: (-193) Could have prevented the heavy losses if i had trailstop it to 30 pips.



EURUSD: (-267) Still too early to judge.
GBPCHF: (-471) Heavy Losses.
GBPJPY: (+945 Pips) Bagged Fat Number of Pips!
GBPUSD: (-344 Pips) Still too early to judge.
NZDJPY: (+717 Pips) Promising Pair
NZDUSD: (+562Pips) Promising Pair



USDCAD: (-163 Pips) Always losing since i tested from H1
USDCHF: (-205 Pips) Needs abit of time
USDJPY: (-308 Pips) Needs abit of time



FLOATING TRADES:



ACCOUNT DETAILS:

Demark Trading & Pipping

I downloaded the Demark Indicator provided by mysticgenie and has since found it to be very very useful.

Refer here on my criteria of opening new trades.

Here are my DEMO statement for my trades using InterbankFX platform. Timeframe is H4.

Closed Trades:


Open Trades:



Account Details:

"How I Turned 1k To 100k In A Wk!!!" @ ForexFactory

I bump into this posting few weeks back in FF and was abit curious to find out what isit all about. Go there and check it out yourself...

I decided to do a mini experiment on this trading strategy and I find it to be quite interesting actually!

I will post the results of this experiment soon. Currently I'm testing on InterbankFX and ODL MT4 Platforms.

Great Work mysticgenie!!!

Why Autotrade?

Autotrade was developed to overcome most pitfalls that both forex traders and investors face every day in the markets.

It is primarily designed to overcome the barriers to successful forex trading:

Emotions:

Greed, Fear, Hope, discouragement

Fatigue:

The Forex market is open 24 Hours per day 6 days a week and requires the trader to be behind the computer in all hours of the night.

You should not destroy your life for money!

Over-Leverage:

Most discretionary traders can not consistently adjust to a proper risk

management system.

AutoPIPs has begun!

10 Dec 2007 Account Funded and Ready for Pips Harvesting!

Work @ Office has taken its toll that I finally decide to automate my forex account...It's hard to trade when you have a 9 to 5 job which requires your butt to get out there to meet people...Yupz..I'm a Sales CONsultant =)

I'm abit conservative here...So lets autotrade EURUSD @ Lot Size 20,000 in My Mini Account...2 Bux per Pip on a 2,500 USD Account.

Lets go for the 3,000 USD mark as our First Target!