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I made this AP a bit earlier. Interesting day, EU order filled and market then went to reach 1R, then retraced all, GC reached 1R, and it was exited there, and then went up far beyond initial stop. Friday seems like make or break day, at least from my memory...either is a big reversal on menu, or it just continuation day, very rarely it stays in small range. So some aggressive campaign management sounds prudent.
For a weekend I plan to make weekly review.
Current Positions
Market
Filled @
Stop @
Take Profit @
Exited @
Result in R
GC
short
1087.94
1087.94
1080.80
1080.80
0.97
EU
long
1.09182
1.0854
1.09172
-0.02
New Orders
Market
Entry
Stop
NONE
ORDERS VALID TILL NEXT AP - IF NOT FILLED THEN CANCELLED AT NEXT AP
Broker: IB
* DOW is taken as CFD
* EURUSD is taken on IDEALPRO
* GC is taken as XAUUSD
Here is distribution of wins and losses for Yardstick.
Last week Yardstick had 10 campaigns, and 5 wins and 5 non wins.
On Actual I had 7 campaigns, as 3 campaigns had too large difference between entry and stop, and that was challenge regarding size of my account (if taken even with minimal size I would risk much more than 1R of account). So, those 3 campaigns were not actually taken. And I have placed orders in this journal and managed them as taken, except one (DOW short on Friday 11am - now also included in Yardstick results). Idea is to follow all campaigns, and if some taken and not taken I will discuss during weekly review.
Here is distribution of wins and losses for Actual.
Equity curve for Yardstick.
Equity curve for Actual.
Stats
Comments:
Difference between Yardstick and actual is in 3 campaigns not taken, as account size was limiting factor. In R results for Yardstick was +0,55R and for Actual +0,59R.
As compared to week before, this weeks was less profitable, and had more campaigns where market first gave then took away gains between two AP. So, in order to profit from this, in future is possible that I will use some more aggressive campaign management, meaning placing taking profit orders, especially on Friday. Or, I will consider to skip placing orders at 11am on Friday.
Thank you very much! Love the system.