Tuesday, January 15, 2008

System failure.

Hello everyone.

Unfortunantly, this month is happening something I've never seen all my trading life.
My trading system aways used to give 1 fake signal for 8 good ones, and those fakes were not significant, but, this month, looks like everything is going mad.

I'm a honest person, and I don't wanna cheat no one, so, I must show you not only my profits, but my mistakes and losses too. Of course not only losses were made(fortunantly, otherwise I'd be alredy broken! lol!), but, this month has being quite unusually unprofitable. I'll show you some fake signals I had:

Before a short movement, the USDJPY gave me this long signal, as can be seen by the green arrow, and, two candles before, the moving averages touched back, giving me a close signal, with losses, of course. Fortunantly, in this pair, we had a good short signal.



In this chart, CHFJPY, I had a short signal, and I entered fast, but, a reversion from the hell happened, I don't know how. Just had another short signal, so I'm trading it. It's negative yet. I've check this CHFJPY all way back in time, it has never ever ever done such a movement. Quite weird. Most JPY pairs did that twice this first half of month, and I lost a lot of money. I've posted yesterday telling thigs were normal again, but, I was a bit antecipative, things still dark

At this one, I didn't have the arrows setten yet, so I've ploted two circles. The first circle was the opening signal, the second, the closure. Before that EURUSD had a great uptrend, but I didn't trade it, cause the pair looked like was siding.


USDCHF gave this long signal, ParabolicSAR is not visible on the botton, but the last upper ball is show. And I took the trade when the MA's crossed, but then, they crossed back again. After that I had a good short movement that's now at +120 pips.

Not everything is magical, even less my trading system. Since I've started trading it, almost an year, I never had a RED month, and I hope this isn't this month, but things are pretty weird, with reversions all the time, and the H4 chart, that, usually have long and safe movements are kidding like a minute one.

Hope the rest of the month to be better!

C ya guys
:(

3 comments:

  1. Oi,

    Estav vendo seu blog e realmente gostei do seu TS. Realmente simples e de acordo com os seus resultados, eficiente.

    A questao é que eu estou procurando bons TS para traduzir em EA. No entanto nao quero reinventar a polvora. como vc divulga abertamente o seu TS eu gostaria de saber se vc jah tem o EA pronto e se poderia me passar. Caso contrario eu vou farei um e te passo depois.

    Gostaria de torcar ideias, vi que vc é account manager. Tenho interesse em sistemas automaticos, trabalho com sites. Caso vc tenha interesse em expandir o seu blog, entre em contato.

    Meu mail é: capitcho@hotmail.com

    Vlw!

    ReplyDelete
  2. hi Rodrigo,

    i salute you for being so open about your trading system by showing the trades in detail :O)

    anyway, i am also neck-deep into automated systems. so far, i've been seeing lots of systems got trashed this Jan. even the ATC2007runner-up (Bogie-ATC2007-1 EA) which had very good performance in Oct to Dec 2007 suffered badly.

    hang in there brother. such times are good for revising the system (maybe with additional filters) so that it will avoid trading when the market behaves like what we have seen in Jan 08.

    perservere and victory will come one day.

    - ck

    ReplyDelete
  3. Fala Rodrigo!

    Eu estou usando o SmartS em uma conta demo e estou ganhando alguns pips.

    Veja o statement em:
    http://www.forturama.com.br/ea/statement.htm

    Tem outro Ea rodando mas todos os trades com ***/JPY fora USD/JPY sao do SmartS.

    Vc disse q nao tem stop loss, nno entanto gostaria de saber quail o TP que vc utiliza. Eu estou colocando SL de 150, Com um trailing de 100 pips. O q vc acha destes parâmetros para GBP/JPY por exemplo?

    Vlw!

    ReplyDelete

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