Alpari (UK)'s Forex and CFDs Forum  

Go Back   Alpari (UK)'s Forex and CFDs Forum > Forex and Contracts for Differences > Beginners Forum

Reply
 
Thread Tools Display Modes
Old 30-03-09, 04:15 AM   #1
eltonharrington
Junior Member
 
Join Date: 30th March 2009
Location: Chicago, IL
Posts: 5
Lightbulb Live trading journal - trend breakthrough with Avonko EA

Hi all,

I want to take a moment to say thank you for welcoming me to the Aplari forums - while I am a veteran trader I am relatively new to the online forex community, and I look forward to sharing my experience and learning from others.

I am currently putting the Avonko EAthrough live testing and tinkering with the settings to fine tune the system to properly fit my needs and optimize performance on the most robust pairs. I am using the latest version available, and simply experimenting with the settings to develop a strategy that appropriately fits my needs. With my demo testing account the system proved to be extremely profitable, and I am hoping to translate that success into significant profits now.

Currently I am trading the EURJPY pair and experimenting with adding the GBPUSD. My current settings allow for a sl 3x the magnitude of the tp, trading on a $5k starting balance risking no more than 3% on any one trade.

Here I will return every day to post my daily trading results and discuss which settings I am currently employing to achieve those results. I will also discuss my strategies for trading day selection, and hopefully within the context of the discussion we can perfect the usage of the system, clearly to the benefit of us all.

Again, thank you for welcoming me to your forum, and I look forward to sharing my trading results in the weeks and months to come. I welcome all suggestions, emails, and criticism, and hopefully will have some pips to share with everyone here

Best Regards
Elton

Last edited by Customer Services; 16-03-10 at 03:38 PM.
eltonharrington is offline   Reply With Quote
Old 31-03-09, 12:19 PM   #2
eltonharrington
Junior Member
 
Join Date: 30th March 2009
Location: Chicago, IL
Posts: 5
Talking tues mar 31 trade log: +30 pip gain for 1% account growth

Avonko posted a winner for the first trade of the period:

+2 eurjpy 130.68
take profit 130.98

net gain $60
new balance $5060
eltonharrington is offline   Reply With Quote
Old 01-04-09, 12:39 PM   #3
eltonharrington
Junior Member
 
Join Date: 30th March 2009
Location: Chicago, IL
Posts: 5
Talking wed apr 1 trade log: +30 pips on morning rally, +60.60 in account

Posted another win on the rally this morning in EURJPY:

+2 eurjpy 130.25
take profit 130.55

net gain: $60.60
balance: $5120.60

net profit/loss running: +120.60 (+2.4%)
eltonharrington is offline   Reply With Quote
Old 02-04-09, 12:23 PM   #4
eltonharrington
Junior Member
 
Join Date: 30th March 2009
Location: Chicago, IL
Posts: 5
Talking thurs apr 2 trade log: +30 pips/+60.60 real money balance

Today's trade:

+2 eurjpy 131.69
take profit 131.99

for another gain of 30 pips

+$60.60 in real money balance
account balance $5181.20 (+3.624% net)


some thoughts... As my balance increases slightly I am considering increasing the lots traded from 2.0 to 2.1 so as to reflect the larger base I am now trading with. I am also considering tightening the stop/loss a bit so as to not give as much back on the inevitable losing trades, as each of these winning trades where we ride the short term trend has come without any retracement. Any thoughts?

Elton
eltonharrington is offline   Reply With Quote
Old 03-04-09, 12:42 PM   #5
eltonharrington
Junior Member
 
Join Date: 30th March 2009
Location: Chicago, IL
Posts: 5
Cool no trades made yet this morning, so closing week +3%

Not much of a move this morning in the eurjpy, so no trades made yet
pending a sharp break to the downside or a spike this morning or early afternoon. Here are the trade triggers the system set forth which have yet to be hit this morning:

buy eurjpy 135.03: t/p 135.33: s/l 134.13
sell eurjpy 133.08: t/p 132.78: s/l 133.98

Have a good morning everyone,

Elton
eltonharrington is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT +1. The time now is 12:18 AM.


Powered by vBulletin® Version 3.7.3
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.

Alpari (UK) Limited, 201 Bishopsgate, London, EC2M 3AB, United Kingdom
Authorised and regulated by the Financial Services Authority. FSA Register number 448002.