Sunday, June 21, 2020

Choose The best Profitable Pair (Position 21 JUN 2020)

Not all pairs are worth trading with the same strategy, because:

1. Volatility Pair (Daily Average Range)


2. Corelation pair
3. Often make False Break
4. The more Pairs the more possibility we receive slippage even though 
     we have shifted the Stop Loss to the Break Event Point

If you have enough Trading History.
1. In MT4/5> Account History , exported History for one year.
2. Sort by Pair
3. Later in Summary in Excel
               Profit    Loss         Total Profit
   GU      1000       -800     =   200
   Gold      800       -900     = -100
   EU         600     -1200     = -600

In Summary description of the strategy and where we are talented at.
Choose the best one.
That's what was chosen.

4. If you have mastered One Pair, you can gradually master another Pair.
5. Regarding Pair Correlation, if the GU loss, the possibility of EU loss.
    Pair correlations double losses also double profits, so choose just one.

For this reason, I focus on GBPUSD and GOLD
Trade Forex Like a Sniper…Not a Machine Gunner , https://www.learntotradethemarket.com/forex-articles/trading-forex-like-a-sniper-not-a-machine-gunner


Last position (21 June 2020):


Time Type Volume Symbol Price S/L T/P Price
2020.06.19 20:00 Buy 0.02 AUDUSD 0.68587 0.68291 0.71333 0.68334
2020.06.19 23:00 Sell 0.12 AUDUSD 0.68445 0.69113 0.65688 0.68367
2020.06.19 23:00 Buy 0.08 AUDUSD 0.68472 0.68291 0.71213 0.68334
2020.06.19 23:59 Buy 0.09 AUDUSD 0.6836 0.68291 0.71123 0.68334
2020.06.19 15:20 Sell 0.02 EURUSD 1.12228 1.12168 1.09737 1.11787
2020.06.19 17:00 Sell 0.02 EURUSD 1.12199 1.12139 1.09745 1.11787
2020.06.19 17:14 Sell 0.02 EURUSD 1.12301 1.12241 1.09835 1.11787
2020.06.19 23:00 Buy 0.12 EURUSD 1.11886 1.11681 1.14136 1.11766
2020.06.19 23:00 Sell 0.12 EURUSD 1.11878 1.12545 1.09625 1.11787
2020.06.17 11:21 Sell 0.02 GBPUSD 1.25743 1.25217 1.01762 1.23494
2020.06.19 02:00 Sell 0.02 GBPUSD 1.24276 1.24226 1.20576 1.23494
2020.06.19 01:00 Sell 0.12 NZDUSD 0.64213 0.64772 0.63633 0.64131
2020.06.19 15:30 Sell 0.13 NZDUSD 0.64492 0.64432 0.63912 0.64131
2020.06.19 23:00 Sell 0.12 NZDUSD 0.64112 0.64571 0.63532 0.64131
2020.06.19 02:00 Buy 0.08 USDCAD 1.3596 1.35351 1.3871 1.36034
2020.06.19 15:31 Buy 0.08 USDCAD 1.35583 1.35643 1.3882 1.36034
2020.06.19 17:07 Buy 0.02 USDCAD 1.3567 1.3573 1.38685 1.36034
2020.06.19 23:00 Buy 0.11 USDCAD 1.36075 1.35455 1.38825 1.36034
2020.06.19 01:00 Buy 0.12 USDJPY 106.972 106.663 107.342 106.884
2020.06.16 18:00 Buy 0.02 XAUUSD 1 729.01 1 729.71 1 816.01 1 742.26
2020.06.19 23:00 Sell Limit 0.04 AUDUSD 0.68944 0.69113 0.65778 0.68334
2020.06.19 23:00 Sell Limit 0.13 AUDUSD 0.68776 0.69113 0.65778 0.68334
2020.06.19 23:00 Sell Limit 0.02 EURUSD 1.12378 1.12545 1.09715 1.11766
2020.06.19 23:00 Sell Limit 0.13 EURUSD 1.1221 1.12545 1.09715 1.11766
2020.06.19 23:00 Sell Limit 0.02 NZDUSD 0.64456 0.64571 0.6145 0.64023
2020.06.19 23:00 Sell Limit 0.13 NZDUSD 0.64341 0.64571 0.6145 0.64023
2020.06.19 23:00 Buy Limit 0.02 USDCAD 1.3561 1.35455 1.38735 1.36136
2020.06.19 23:00 Buy Limit 0.13 USDCAD 1.35765 1.35455 1.38735 1.36136

XAUUSD - LOSS After Break Pinbar, Wait for other Confirmation

GBPUSD - Running Profit Wait For Other Confirmation.


EURUSD - Last Position RUNNING PROFIT We are not Trade EU anymore

AUDUSD - LOSS After False Break , We are not trade AU Anymore

USDCAD - Running Profit We are not Trade UC anymore


USDJPY, Floating Minus, We are not Trade UJ anymore


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