Starting from October, I’m trading with the optional rule of moving Stop Loss to Break Even after reaching 24 pips profit. All the other parameters are normal: Profit Target = 40 pips, Stop Loss = 40 pips, no Trailing Stop.
It is the same configuration for both manual trading and EA, so both manual and automatic traders should be able to compare the results.
1st October- LONG
Entry: 1.5745
SL: 1.5705
P/L: - 40 pips
bad luck, the SL was hit only few pips from trade reversal, we would have a profit.
Weekly summary (week includes also 4 days from September)
2 profits, 3 losses, the week ended with -40 pips loss.
4th October- SHORT
Entry: 1.5798
PT: 1.5758
P/L: + 40 pips
5th October- SHORT
Entry: 1.5808
SL: 1.5808
P/L: 0 pips
I got out at BE, the profit was almost taken, just few pips were missing, but then the trade reversed
6th October- LONG
Entry: 1.5909
SL: 1.5909
P/L: 0 pips
again I got out at BE
7th October- LONG
Entry: 1.5884
SL: 1.5884
P/L: 0 pips
once again I got out at BE, I was only few pips from the profit. Smaller Profit Target=35 would work better for the last weeks.
8th October- SHORT
Entry: 1.5871
SL: 1.5830
P/L: + 41 pips
Weekly summary
2 profits, 0 losses thanks to BE rule, the week ended with +81 pips profit.
11th October- NO TRADE
12th October- NO TRADE
13th October- LONG
Entry: 1.5838
PT: 1.5878
P/L: + 40 pips
14th October- NO TRADE
it looks as it’ll go up, but one of the the indicators is too high,, so no entry according to the system rules
15th October- LONG
Entry: 1.6011
PT: 1.6050
P/L: + 39 pips
Weekly summary
2 profits, 3 no trades, the week ended with +79 pips profit.
18th October- SHORT
Entry: 1.5947
PT: 1.5907
P/L: + 40 pips
19th October- SHORT
Entry: 1.5868
SL: 1.5868
P/L: 0 pips
20th October- NO TRADE
21st October- SHORT
Entry: 1.5787
PT: 1.5747
P/L: + 40 pips
22nd October- NO TRADE
Weekly summary
2 profits, 3 no trades, the week ended with +80 pips profit.
25th October- LONG
Entry: 1.5760
SL: 1.5720
P/L: - 40 pips
26th October- LONG
Entry: 1.5746
PT: 1.5786
P/L: + 40 pips
27th October- SHORT
Entry: 1.5833
PT: 1.5793
P/L: + 40 pips
28th October- LONG
Entry: 1.5804
SL: 1.5764
P/L: - 40 pips
bad luck, just 1 pip from moving the SL to BE. It could have ended with 0 loss.
29th October- NO TRADE
Weekly summary
2 profits, 2 losses, the week ended with 0 pips profit.
Monthly summary for October
8 profits, 3 losses, 6 no trades, the month ended with very nice +200 pips profit