BT28 FXCM (By forex_trader_101400)
The user has deleted this system.
BT28 FXCM Discussion
Mar 05, 2013 at 18:51
650 Views
5 Replies
forex_trader_101400
Member Since Dec 01, 2012
59 posts
Mar 08, 2013 at 14:59
(edited Mar 08, 2013 at 15:00)
Brand new account at FXCM. This uses the same EA as BT28 Oanda. Performance may not be exactly the same because of differences in spread.
https://www.myfxbook.com/members/mikeyap9/bt28-oanda/457135
https://www.myfxbook.com/members/mikeyap9/bt28-oanda/457135
forex_trader_101400
Member Since Dec 01, 2012
59 posts
Apr 07, 2013 at 15:49
Now approved for AutoTrade!
forex_trader_101400
Member Since Dec 01, 2012
59 posts
Jun 05, 2013 at 20:44
I am trading 28 pairs based on USD, EUR, JPY, GBP, CHF, AUD, CAD, and NZD. Each pair is analyzed on its own merits. The strategy is to collect positions with an eye on catching a short term trend. All trades have stops and targets. Stops are moved to breakeven and then trails at fixed increments. Targets are reduced if volatility decreases. Additional trades are added to positions if the price action permits while still in the trend. FIFO rules are applied when there are multiple positions on the same pair.
forex_trader_101400
Member Since Dec 01, 2012
59 posts
Jun 11, 2013 at 13:51
Do not subscribe when I'm on a tear like this couple of weeks. Wait for my performance to settle down or even drop a little. you don't want to start your account with a drawdown.
forex_trader_101400
Member Since Dec 01, 2012
59 posts
Jun 19, 2013 at 21:07
Sorry about that. All the gains earlier in the week vanished and then some. Now I'm thinking of adding an account stop.
forex_trader_101400
Member Since Dec 01, 2012
59 posts
Jul 16, 2013 at 06:17
I'm tired of giving everything back. Added a 3% account stop and 8% account TP. Also, if I'm ahead 5%, the account stop moves to breakeven. All positions are closed if any of the above conditions get hit, otherwise, individual trade's SL/TP are in play.
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