Entourage (由 forex_trader_85097)
該使用者已經刪除了這個系統。
Entourage討論
forex_trader_85097
會員從Jul 20, 2012開始
49帖子
Jul 21, 2012 at 09:24
The Entourage is up and running. So far it has hit all of its weekly goals and most of the daily goals. The plan is to run six currency pairs by the end of the year.
This entries that follow will reflect my thoughts, updates and random stuff that comes to mind. 😁
This entries that follow will reflect my thoughts, updates and random stuff that comes to mind. 😁
forex_trader_85097
會員從Jul 20, 2012開始
49帖子
Jul 21, 2012 at 09:24
The EUR/USD is known as the Suicide King. This pair makes money and I believe that it would make great addition to the entourage. The Pair is VERY dangerous and may require 10k per .01
Once all six currency pairs are up and running, the Entourage should earn no less than 400.00 per week.
Once all six currency pairs are up and running, the Entourage should earn no less than 400.00 per week.
forex_trader_85097
會員從Jul 20, 2012開始
49帖子
Jul 23, 2012 at 18:38
Last night, there was drawdown that reached 900.00, the Entourage revovered some of the drawdown then pocketed a handsome 90.00 profit. We are still in drawdown by 280.00 at the time of this post.
forex_trader_85097
會員從Jul 20, 2012開始
49帖子
Jul 23, 2012 at 20:04
hemipips posted:
your system looks dangerous😲
It is very dangerous. i'm looking for anything that works at this point. Your systems seem to be doing great. Where did you get them?
Jul 23, 2012 at 20:45
my system is a homebuilt scalper. is not finished but makes it ok right now. but many bugs still, close loses and work with the winner. do not know if it's the right way, but winning 75-80% and it,s enough to make profit...I hope😁
My philosophy is close losers so you can work with the winner
My philosophy is close losers so you can work with the winner
forex_trader_85097
會員從Jul 20, 2012開始
49帖子
Jul 24, 2012 at 06:21
The day ended ok. The was a profit of 90.00 . This exceeded the daily goal of 40.00. There is medium drawdown but I expect that to become significant by the middle of the London session. I truly believe that the Entourage will have its limits tested in the near term. Let's see if it can surviving a week full of downgraded and and IMF meetings.
forex_trader_85097
會員從Jul 20, 2012開始
49帖子
Jul 25, 2012 at 06:22
End of the day, the Entourage hit 85% of the daily goal. Drawdown remains medium to high at 500.00 to 900.00. funny thing, the Entourage came within a fraction of a pip to close out the current position. I wanted to intervene and manually close but that would defeat the purpose of automated trading. Now i have to suffer through the next London session.
forex_trader_85097
會員從Jul 20, 2012開始
49帖子
Jul 26, 2012 at 05:40
Hit the daily goal. I'm not happy about the GBP/USD. It always comes within 1 pip of closing the positions, now it must go in to the London session with heavy positions and over 400.00 in drawdown. Again the Entourage will have its limits tested this week.
forex_trader_85097
會員從Jul 20, 2012開始
49帖子
Jul 26, 2012 at 21:38
Entourage has hit the daily goal. The drawdown is now ranging above 800.00. There are 26 positions open and very little margin left. In an attempt to bring the margin level above 1000%(safe margin zone), I wired over an addittional 1,000.00
Again the pairs come within a pip of closing positions. I may have to look at other formulas to address this.
Again the pairs come within a pip of closing positions. I may have to look at other formulas to address this.
forex_trader_85097
會員從Jul 20, 2012開始
49帖子
Jul 28, 2012 at 00:22
Well, its the end of the week and Entourage has hit the daily goal of 40.00USD and weekly goal of 200.00USD. I will give an update on the monthly goal if this account survives.
We are facing quite a few issues that make me question the survival of this account:
1. Funding should be at 10,000.00 per 0.01 micro lot
2. Leverage should be at 1 to 500 instead of 1 to 300
3. One Hour late opening on Sunday afternoon, creating price gaps that can affect the money management system stops and take profit levels
This account faces many challenges, two can be addressed simply by adding more money to the account. ! believe that a starting balance of 30k can address the leverage and funding issues.😎
We are facing quite a few issues that make me question the survival of this account:
1. Funding should be at 10,000.00 per 0.01 micro lot
2. Leverage should be at 1 to 500 instead of 1 to 300
3. One Hour late opening on Sunday afternoon, creating price gaps that can affect the money management system stops and take profit levels
This account faces many challenges, two can be addressed simply by adding more money to the account. ! believe that a starting balance of 30k can address the leverage and funding issues.😎
forex_trader_85097
會員從Jul 20, 2012開始
49帖子
Jul 30, 2012 at 02:00
We are starting the week in 1,000.00 in drawdown. If the AUD/USD survives this recent run, I will be replacing it with another pair, reasons listed below.
1. It has underperformend the other pairs in the Entourage by almost half
2. It has sustained drawdown periods that scare the crap out of me and it appears that there is not enough price movement (ups and downs)
Will give another update during the London session.
1. It has underperformend the other pairs in the Entourage by almost half
2. It has sustained drawdown periods that scare the crap out of me and it appears that there is not enough price movement (ups and downs)
Will give another update during the London session.
forex_trader_85097
會員從Jul 20, 2012開始
49帖子
Jul 30, 2012 at 03:25
Keep in mind that this is my own money and a couple of investors, The pain will real if this account dies tonight. We know the risks going in and are willing to accept the outcome. I will post again around midnight. By the way, Where is that extra 1,000.00 that I wired to this account on Thursday?!😡
forex_trader_85097
會員從Jul 20, 2012開始
49帖子
Jul 30, 2012 at 05:50
Quick100 posted:
hi,
I love to trade Grid&Martiangale too, but man, when I look to your open trades, your system will fail because of pipstep 30, martiangale style and too much dangerous currencies.
The Pain will come soon for your system, sorry...
best wishes
Dirk
Thanks for the comment Quick, I agree with you almost 100%
Jul 30, 2012 at 06:01
Entourage,
a few hints for you perhaps makin your system mor stable...
a) dont be greedy, use one pair only
b) analyze the waves high/low from h4 then within smaller tf
c) this will give you desired pipstep
d) dont let martiangale double lotsize with 2nd trade, too dangerous
hope this helps
Dirk
a few hints for you perhaps makin your system mor stable...
a) dont be greedy, use one pair only
b) analyze the waves high/low from h4 then within smaller tf
c) this will give you desired pipstep
d) dont let martiangale double lotsize with 2nd trade, too dangerous
hope this helps
Dirk
forex_trader_85097
會員從Jul 20, 2012開始
49帖子
Jul 30, 2012 at 19:27
Quick100 posted:
Entourage,
a few hints for you perhaps makin your system mor stable...
a) dont be greedy, use one pair only
b) analyze the waves high/low from h4 then within smaller tf
c) this will give you desired pipstep
d) dont let martiangale double lotsize with 2nd trade, too dangerous
hope this helps
Dirk
Thanks Quick,
If the account survives this latest run, I am going to break it down to one pair only.
If the does not survives, I am going to start over with one pair only.
I like the Idea of changing the pipstep, too many open positions.
Definitely will look at the Martingale increase, trouble comes fast the way it is set up now.
forex_trader_85097
會員從Jul 20, 2012開始
49帖子
Jul 31, 2012 at 18:38
Entourage has hit the monthly goal. The Daily has also been hit. It appears that the AUD/USD has made it to the end of its first leg up. Entourage will be looking to close positions if the price retraces 45pips.
This is the first time Entourage had to open 11 positions against a trend. We are out of margin and close to being stopped out at a loss. If Entourage survives this, I will be making changes to the setup. It will be less profitable but also less dangerous.
Note: this would be fine, if the account was funded at 30,000.00
This is the first time Entourage had to open 11 positions against a trend. We are out of margin and close to being stopped out at a loss. If Entourage survives this, I will be making changes to the setup. It will be less profitable but also less dangerous.
Note: this would be fine, if the account was funded at 30,000.00
forex_trader_85097
會員從Jul 20, 2012開始
49帖子
Aug 01, 2012 at 05:56
The account survived, but I had no choice but to eliminate the AUD/USD.😝
forex_trader_85097
會員從Jul 20, 2012開始
49帖子
Aug 01, 2012 at 07:21
I will continue to run two pairs unless it also proves to be too dangerous. The goals will be reduced by a third also. Once the account hits 20,000.00 I will add another pair.
