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Well, silly me was doing some experiment on the EUR/JPY 30/30 system in November; therefore, I ended up break-even. If I had just followed the system rules without experimenting, I could have had 3 wins - another 6% gain. Oy vey.
A good month indeed. Our goal for the month has reached. The total number of wins reached 3 today. So it added another 7% gain to our total.
Great results from the EUR/JPY 30/30 system this month. We locked in a 6% gain. So far this year, the system has produced 35% of profit, despite the poor performance in January and February.
Three days in a row, we have positive results with the EUR/JPY 30/30 system, and we are done for the month of August. The rule specifies:
Trading limit: Between the 1st and the 14th, whenever the total number of wins reaches 3, trading stops. If it never reaches 3, trading stops after the 14th regardless.
So, we’ve made 90 pips during the past 3 days. That’s about 8% gain for the month. Not too bad at all.
Regarding the Awesome Oscillator divergence trading method, there hasn’t been any trades available for quite a while. Still waiting.
Well, I didn’t. They all happened when I was sleeping. But if you caught these, good for you. These were great profitable trades.
Last night, the divergence occurred at around 6 AM GMT. I placed a limit buy order at 131.70; however, the market turned higher and never looked back. The order was never filled.
Looks like divergence is forming. Waiting for confirmation.
The Awesome Oscillator divergence occurred between 6 GMT and 8 GMT in Euro Dollar and Euro Yen pairs.
I missed both of them because I set the entries too low and the prices were never hit. For Euro Dollar, after it set the low of 1.3148 between 6 GMT and 7 GMT, I set the buy price at 1.3155 at 7 GMT with 100 pips for take-profit and stop-loss. The price went as low as 1.3168 and never looked back again.
For Euro Yen, I set the buy order at 131.10 at 8 GMT, but the price went as low as 131.15 and then reversed.
