Omega99 EA Results 24Nov09
Despite a very choppy and ranging market the Omega99 Expert Advisor has fared alright against most of the major Forex pairs. As you can see the last few days the markets were quite ranging and therefore this EA will lose a bit of money as it is a trend following algorithm. In the long run however it will certainly earn more profits then it will give back -- as you can see we still end the day with a net profit despite negative pips. So far the best performers are still USDJPY, USDCAD and AUDUSD while the poorest performers are EURUSD and NZDUSD. EURUSD especially at this time, may in fact be dropped from the currency trading basket. However EURGBP has just been added to the basket and has already started trading. Results will be updated daily. (Click on Read More to see the results)
Last Updated (Tuesday, 24 November 2009 19:34)
Omega99 EA Results 21Nov09
Last couple weeks trades on the conservative settings. As you can see we had a negative pips but positive total Profit. This was mainly due to EURUSD doing very poorly last week. This is a mainly trend following system and EURUSD was essentially ranging the entire period. Still profitable, however I will be looking at tweaking EURUSD to make it either more profitable during ranging periods or drop it from the forex trading basket completely. (Click read more to see the entire results)
EURUSD Trading for 16Nov09Today's rundown of trades and market commentary was live blogged on Twitter. You can see the actual posts on my twitter feed at http://www.twitter.com/uupstart feel free to add me as I will be posting my trades and market commentary live throughout the trading day. Trading the volatility breakouts today was a little bit hairy as there was no real discernible trend as price chopped and whipsawed quite a bit. If you didn't have your wits about you, you could certainly end up on the wrong side of the trade and get whipsawed quite a bit. Here are today's trades. They look like a lot of trades, however I actually had only made 3 trades in total. 2 Longs and 1 Short, however part of my strategy is to take a portion of the trade out in profit on the way, essentially banking some profits immediately and letting the rest ride on to more profits or to break even + a couple of pips. Click on read more to see today's trades and charts and more details
Last Updated (Monday, 16 November 2009 21:12) |
EURUSD Trading for 17Nov09As always today's rundown of trading and market commentary was live blogged on twitter. You can see the actual trading live on my twitterfeed at http://www.twitter.com/uupstart feel free to add me as I will be posting my trades and market commentary live throughout the day. Again today was a bit of an odd day trading the volatility breakouts as there was quite a bit of whipsaws - with the early morning of the New York Forex session giving up some pips on the down move of which I was able to catch about 5 Pips, and then lots of chop until an uptrend started to form. Where an X is marked in the chart was an entry that I ended up missing as I was reading some news article - I didn't chase the price however and just chalked that one up to stupidity and stayed out of the EURUSD! The other two entries afterwards weren't very fruitfull and matter of fact made me feel a little bit nervous. Click Read More To see the chart.
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