lol thanks Rick, just too many hours spent coding...
Anyway, morning folks, here is my weekly update for last week. A bit late but I was out enjoying Melbourne's summer this weekend!
Since the last update on Friday morning, 2 runs closed out on Friday, the AUDCAD for a $2.12 loss and the CADJPY for a $4.54 profit. Apologies I can't show the trading screenshots today - windows did one of its forced updates over the weekend so the closeouts don't show on the charts. The trade graphs are as follows though:
The results for last week are shown in the following table:
And the equity graph for closed runs in total since Oct 21st is as follows:
And finally the current net position of 7 remaining open runs is:
So last week was the first losing week since starting (6 weeks ago), a loss of $123.11 for the week and a drawdown of $212.24 since the equity high the previous week. Half of that was from the GBPUSD, a poor choice in retrospect, but given the size of the open positions I'm happy with the outcome, and the net position on open runs has now been whittled down to just under $100, with probabily one more painful pill to swallow (NZDUSD).
This week with British elections coming up definitely staying away from GBP pairs, although I'm also wary of EUR crosses as the EUR is looking a bit more volatile too compared to recent weeks (I have 3 pairs running already, that's enough).
Today I like the AUDSGD for range trading conditions in the coming days, so will launch the EA on that market in both demo accounts, one for a $50GP target and one per my new day by day closeout in profit or until $50GP target rules:
Speaking of the 2nd strategy, I won't post the graphs today, but so far last week on Thursday & Friday have initiated 4 runs with this new strategy, as follows:
Thursday: EURCHF run closed after 24 hours, 12 trades for a net profit of $2.38
Thursday: EURJPY run closed after 24 hours, 14 trades for a net profit of $6.25
Friday: AUDJPY run closed after 24 hours, 8 trades for a net profit of $3.66
Friday: EURAUD run continued into 2nd day. Profit banked after 24 hours = $13.10, open positions = -$25.37, so net profit atm = -$12.27, so decision is to let it run another day & close out if in profit, or keep running till $50 GP target.
