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Author Topic: Jimmy's Account - SFE Combo  (Read 3550 times)

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #75 on: October 04, 2019, 01:45:47 AM »
After the up and down yesterday, my account is down about 3%. :'(

Never mind, we have NFP today and I am looking forward to some nice price action. :)

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #76 on: October 05, 2019, 12:34:19 AM »
Weekly Result - 30th Sep 2019 to 4th Oct 2019

Total: (https://www.fxblue.com/users/jimmy8378/stats?#week)
-$214.16

SFE Price Action: (https://www.fxblue.com/users/jimmy8378/stats?magic=400051-450601#week)
+$1544.40

SFE Attractor: (https://www.fxblue.com/users/jimmy8378/stats?magic=510051-510605#week)
-$934.80

SFE Night Scalper: (https://www.fxblue.com/users/jimmy8378/stats?magic=710051-710302#week)
-$491.48

SFE EURUSD: (https://www.fxblue.com/users/jimmy8378/stats?magic=800051-860602#week)
-$332.28

It was an up and down week this week. I lost about 2.5% on the last day of September on Monday, and then gained about 7% from the RBA rate decision on Tuesday, and the Gold trades dragged my account back down again over the last few days. NFP unfortunately was another dud...

It was unfortunate that Gold had too many false breakouts this week and I lost $7.7K on Gold alone.

Below is my stats on Gold:


As you can see, in the long term I have made over $60K with Gold so I believe the loss will eventually be recovered. We just need to be patient for the right moment to come. :)

Next week we have the release of FOMC Minutes. Let's see if it will generate a bit more price action than the Statement itself in September. ::)

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #77 on: October 11, 2019, 02:46:59 AM »
Just a quick note to let you guys know I have updated SFE Night Scalper to version 6.0 on my SFE Combo account.

The lot size remains the same at 0.90 Fixed Lot per trade (which is equivalent to trading 0.01 lot per $333.33, as I am assigning $30000 to this EA - and this is just within the maximum recommended risk).

It also will also disable currency pairs when Joel disables them, as Joel had explained in his post: https://smartforexexpert.com/index.php?topic=28.msg809#msg809

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #78 on: October 12, 2019, 12:13:29 AM »
Weekly Result - 7th Oct 2019 to 11th Oct 2019

Total: (https://www.fxblue.com/users/jimmy8378/stats?#week)
+$1594.01

SFE Stealth: (https://www.fxblue.com/users/jimmy8378/stats?magic=300051#week)
+$892.65

SFE Price Action: (https://www.fxblue.com/users/jimmy8378/stats?magic=400051-450601#week)
+$820.49

SFE Attractor: (https://www.fxblue.com/users/jimmy8378/stats?magic=510051-510605#week)
-$558.55

SFE Night Scalper: (https://www.fxblue.com/users/jimmy8378/stats?magic=710051-710302#week)
+$788.38

SFE EURUSD: (https://www.fxblue.com/users/jimmy8378/stats?magic=800051-860602#week)
-$348.96

This week was rather quiet until the last 2 trading days when the GBP jumped on some optimistic news. We ended the week with a small gain and I believe there will be more gains to come as Brexit (whether deal or no deal) finally happens.

I have purchased SFE Stealth and added it to the SFE Combo portfolio. I am running it at 1.50 Fixed Lot per trade which equals to trading 0.01 lot per $300 on a $45000 account (ie. I am assigning 45% of my $100K account to this EA). The risk is probably slightly on the high end (not to mention my account is in AUD which also adds about another 50% risk), but I believe it will work out well. It has already made back about $900 for me out of the $1250 I paid for it! ;D

If any of you are interested in buying it, please do so over the weekend otherwise the price will go back to $1500 on Monday. ;)

This week's announcements:
  • SFE Night Scalper has been updated to version 6.0, running at 0.90 Fixed Lot per trade
  • SFE Stealth has been added to the SFE Combo account, running at 1.50 Fixed Lot per trade

Have a nice weekend! :D

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #79 on: October 16, 2019, 01:11:27 PM »
A lot of zigzags on GU and EU this week which makes it difficult for SFE PA and SFE ATR to make good gains. Still waiting for that sustained breakout once the dust settles on Brexit...::)

Attractor

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Re: Jimmy's Account - SFE Combo
« Reply #80 on: October 17, 2019, 12:58:54 AM »
A lot of zigzags on GU and EU this week which makes it difficult for SFE PA and SFE ATR to make good gains. Still waiting for that sustained breakout once the dust settles on Brexit...::)

Yes.... that's a difficult market. I'm working on ATR, I hope I will be able to improve the EA after these first weeks of live trading. After, I will review PA.

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #81 on: October 17, 2019, 12:18:08 PM »
Thanks Joel for always trying to make the EAs even better. :)

Big moves on EU and GU today on the news that a deal has been reached for Brexit, but still pending UK parliament approval. Letís see if the EAs can finally capitalise on the price movements this time...

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #82 on: October 17, 2019, 11:23:06 PM »
Thanks Joel for always trying to make the EAs even better. :)

Big moves on EU and GU today on the news that a deal has been reached for Brexit, but still pending UK parliament approval. Letís see if the EAs can finally capitalise on the price movements this time...

Ahhhh...the up and down zigzags are so annoying...>:(

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #83 on: October 18, 2019, 11:27:00 PM »
Weekly Result - 14th Oct 2019 to 18th Oct 2019

Total: (https://www.fxblue.com/users/jimmy8378/stats?#week)
-$7773.55

SFE Stealth: (https://www.fxblue.com/users/jimmy8378/stats?magic=300051#week)
+$597.65

SFE Price Action: (https://www.fxblue.com/users/jimmy8378/stats?magic=400051-450601#week)
-$992.82

SFE Attractor: (https://www.fxblue.com/users/jimmy8378/stats?magic=510051-510605#week)
-$7093.19

SFE Night Scalper: (https://www.fxblue.com/users/jimmy8378/stats?magic=710051-710302#week)
+140.90

SFE EURUSD: (https://www.fxblue.com/users/jimmy8378/stats?magic=800051-860602#week)
-$426.09

This week was a bloodbath!...while GU made a lot of gains this week, there was too much retracement after each spike and the EAs were not able to capitalise on the price actions. SFE Attractor was the biggest loser and lost about $7K. :(

Big volatility is expected early next week and Joel has made an announcement that he will disable the GBP, EUR, CHF and USD pairs in SFE Night Scalper and SFE Stealth (https://smartforexexpert.com/index.php?topic=545.msg850). This will apply to my account as well.

The other thing is, from next week I am going to increase the lot size on SFE EURUSD to 1.2 Fixed Lot per trade, and the lot sizes on SFE Price Action and SFE Attractor to 0.7 Fixed Lot per trade. The DD on the official SFE EU account is now approaching 30% and it has been losing 9 straight months in a row. This is simply not going to continue forever, and I believe a massive gain on SFE EU is imminent. I am also increasing the risk on SFE PA and SFE ATR by 16% (lot size increase from 0.6 to 0.7) as I also believe they will rebound strongly after the recent losses. I believe a firm, clean, one-way breakout will eventually happen once there is a final Brexit outcome, and that SFE PA, SFE ATR and SFE EU should all make good gains from it. Let's see if things turn out as I planned.

Have a nice weekend! ;)

paulomaks

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Re: Jimmy's Account - SFE Combo
« Reply #84 on: October 19, 2019, 03:28:52 AM »
Hi Jimmy, you make great updates. However i am (still) of the opinion that you are too much overweight in Break-out strategies. Neither of the EA`s catched the move yesterday in EURUSD, and in my opinion EURUSD is not a favorite to one-streak break-outs anyways, simply because the fact that the interest on both sides (Buyers / Sellers) on that pair is too big, which will dampened the possibilities for one-way stretch. But i hope you are right. Lets see :-)

Anyways, there is something i dont understand. When i see your Stealth results this week, it is around 0.5% profit and you are slightly higher than recommended risk. Joels EA made 1.44% (please see attached) .. is it something  that concerns you ?

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #85 on: October 19, 2019, 04:10:52 AM »
I think itís due to those trades that closed early on Joelís account and ended up in some losses on my account: https://smartforexexpert.com/index.php?topic=544.msg837#msg837

I am not worried because I believe in the long term these small differences will even out. :)

And I still believe EU will make a come back with vengeance very soon, and GU with it too. You are right there are a lot of buyers and sellers on EU which makes it difficult to have a clean breakout lately, but I believe when it does, it will be a spectacular one, and a lot of systems who take contrarian trades will likely be wiped out or suffer massive losses (Frero for example)

Letís what next week will bring us. ;)

Attractor

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Re: Jimmy's Account - SFE Combo
« Reply #86 on: Today at 12:07:11 AM »
Hi Jimmy,

of the five EAs of SFE Combo, with the just upgraded version of PA and ATR, only EURUSD left to review and find an improvement.

I have confidence in that the new PA and ATR have to develop well also with this difficult market of the last months, years already.

So, I have a big confidence in this portfolio right now, let's see...

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #87 on: Today at 01:29:40 AM »
Thanks Joel for the updates, and yes I am very much looking forward to the recovery which should happen soon. ;)

After the release of the new versions on SFE PA and SFE Attractor, I have revised the lot size on each EA to the following:

SFE Price Action - 1.0 Fixed Lot (amount risked = US$60000 at 0.01 Lot per $600)
SFE Attractor - 1.0 Fixed Lot (amount risked = US$70000 at 0.01 Lot per $700)
SFE EURUSD - 1.0 Fixed Lot (amount risked = US$60000 at 0.01 Lot per $600)
SFE Night Scalper - 1.0 Fixed Lot (amount risked = US$30000 at 0.01 Lot per $300)
SFE Stealth - 1.0 Fixed Lot (amount risked = US$30000 at 0.01 Lot per $300)

So the total amount risked = US$250000, with a good ratio between the price action based EAs and the asian session / late session EAs.

And it's a bit of a personal thing, but I like round numbers, so having them all trading at 1.0 Lot makes me feel happy and confident about them. ;D