Wednesday, 20 January 2010

Positive Vibes From Ichimoku

Hi guys, well again a slow breakout morning. I'm waiting for all 3 strategies to make a profit for me on the same day, but they just don't want to do that for me at the moment.

Received another punch to the ribs, with a -40 on S1, that's -90 for the month. Need a few wins on the bounce now to bring me back into profit as i am running out of time. I have traded this strategy for over a year and have had 1 losing month in that time, is this the second, maybe. Made B/E on S2, went to +25, then retraced and hit SL at B/E, GRRR!!! Good result on S3, a nice +40, so happy with that.

Made 2 Dax trades as i write this, another -15 on the first trade and the second was B/E, so not great again. Come on Dax, sort yourself out!!!

My results are below for the month so far:
S1 = -90
S2 = -75
S3 = -30 - This strategy if traded just the 1 trade after 0700hrs would be up +165.
Dax = -48

The most exciting thing for me is how my Ichimoku 15min testing is going. All of my trades yesterday made a profit. I entered an EG Long today, which hit my SL, so -21, in another EG Short, which is looking ok and in UJ short, which is also looking pretty decent.

Results are below for the trades i exited last night....
UJ = +36
EJ = +17
EU = +94
GU = +57
UCHF = +80
UCAD = +42
AU = +15
NU = +10
EG = -21 this morning
Total for the month = +840

In 2 trades, UJ Short and EG Short.

I am very confident about my new strategy and i am looking forward to another months worth of testing, then will trade it live with proper cash from March onwards.

That's me done guys. Good luck with the rest of your day.

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