I continue trading Forex Morning Trade with standard settings: Profit Target = 35, Stop Loss = 45 pips, Break Even = 25 pips, BreakEvenAddPips = 5, UseLongCandleFilter = true.
As of September, I’m stopping trading a Turbo Morning Trade system.
The results proved that the Turbo system doesn’t bring any enhancement to the standard system, so I’m stopping it and moving the money from that account to standard FMT system.
|
Forex Morning Trade Live account (PFG Best) |
|
1st September – SHORT Entry: 1.62356 SL: 1.62326 P/L: +3 pips |
|
2nd September- LONG Entry: 1.61956 PT: 1.62306 P/L: + 35 pips |
|
Weekly summary (including 3 days from previous month) 3 profits, 1 loss, 1 BE, the week ended with +63.4 pips profit. |
|
5th September- SHORT Entry: 1.61741 PT: 1.61391 P/L: + 35 pips |
|
6th September- SHORT Entry: 1.60716 PT: 1.61169 P/L: - 45.3 pips |
| 7th September- NO TRADE |
|
8th September- SHORT Entry: 1.59491 PT: 1.59146 P/L: + 34.5 pips |
|
9th September- SHORT Entry: 1.59672 PT: 1.59315 P/L: + 35.7 pips |
|
Weekly summary 3 profits, 1 loss the week ended with +59.9 pips profit. |
|
12th September- NO TRADE Momentum was < 99.2 |
|
13th September – LONG Entry: 1.58583 SL: 1.58130 P/L: -45.3 pips |
|
14th September- SHORT Entry: 1.57548 PT: 1.57196 P/L: + 35.2 pips |
|
15th September – SHORT Entry: 1.57621 SL: 1.57571 P/L: +5 pips |
| 16th September- NO TRADE |
|
Weekly summary 1 profit, 1 loss, 1 BE the week ended with -5.1 pips loss. |
|
19th September- SHORT Entry: 1.56987 PT: 1.57439 P/L: - 45.2 pips |
|
20th September- LONG Entry: 1.56783 PT: 1.57151 P/L: + 36.8 pips |
| 21st September- NO TRADE |
|
22nd September- NO TRADE Momentum was< 99.2 |
|
23rd September- LONG Entry: 1.54020 PT: 1.54321 P/L: + 30.1 pips |
|
Weekly summary 2 profits, 1 loss the week ended with +21.7 pips profit. |
|
26th September- SHORT Entry: 1.54523 PT: 1.54973 P/L: - 45 pips |
|
27th September- LONG Entry: 1.55785 PT: 1.55333 P/L: - 45.2 pips |
|
28th September- SHORT Entry: 1.56299 PT: 1.56755 P/L: - 45.6 pips |
| 29th September- NO TRADE |
|
30th September- SHORT Entry: 1.56028 PT: 1.55675 P/L: +35.3 pips |
|
Weekly summary 1 profit, 2 losses the week ended with -100.5 pips loss. |
Comment on September results
We made only 14 pips this month.