Swing Trade EURJPY
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Thread: Swing Trade EURJPY

  1. #1
    As the title says this trade explorer is for swinging the EURJPY entirely.

    Target equilibrium at December 31,2012: $2,500

  2. #2
    Performance update - End of October 12, 2012

    Balance = 1,258
    Goal = 2,500

    Number to target = 1,242

    Additionally, I supply signs in Zulutrade for EURJPY: SP Account: Fxturtle. All the entries and depart for EURJPY is the exact same except for a few pips here and there. This account is not connected to Zulutrade platform since Pepperstone is not encouraged by ZT.

    Good amount of unrealized optimistic pips last week failed to attain maximum possible since the pair bounced from the rising trendline. Trendline was broken, but there was no follow through. The retrace to 100.15 is greater compared to retrace to 99.64 and about the daily, the price is above the rising trendline. If the pair closes above 102.50, it could challenge 103.852 high produced on 9/17/2012. Only took two positions for this particular pair, but may add one more next week.

    Highlights of my trading style to Zulutrade functions.

    - Swing trader. Some positions are available for 2 to 4 months until TP is attained
    - Maximum TP is 800 pips
    - SL are between 60 to 150 pips, which is determined by support / resistance levels
    - No overtrading. Average trades per month is between 10 - 15
    - Maximum open positions is 6 ( 3 shorts and 3 Fragrant ). Positions is just for winning trades. No hedging for losing transactions

    IMPORTANT: Follow a DEMO to get at least 8 weeks. If you would like to follow with money right away, please commerce with 1 microlot for every trade.

    http://zulutrade.com/TradeHistoryInd...spx?pid=119612

  3. #3
    The reason I asked my followers in Zulutrade to input all transactions (Max of 3 to each sign generated) is they can scale winners out at different levels.

    As you'll notice, the lowest pip gain is 70 pips and many reached over 200 pips. You can scale out 1 position in 100 then another at 200 or whatever degree you choose, then journey the last transaction. If we get stopped out on our first SL state 275 pips. A couple of transactions might easily regain the loss. Please dismiss transactions opened sooner than 9/6/2012 as those transactions were entered in the testing phase of ZT platform.

    For transparency purposes, within the course of a calendar year, we will get stopped out, but that I shall reduced transactions so if the going gets tough, so our DD will stay between 600 to 1000 pips. A DD of the size per year trading 3 positions at a time would be acceptable for swing trading platform as long the percentage doesn't exceed 15%.

    Please note that the result below will NOT always occur every transaction as the market has a life of its own and will move the way it needs. HISTORICAL PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

  4. #4
    Performance upgrade - End of October 19, 2012

    I obtained of some pips from SP Fxturtle in my Zulutrade SP account. In my live trading accountI required some profit off a bit, 3 rankings remain open unless there's a very clear indiion that it will return to the rising trendline. I think my live trading account hardly touches 100% yield for approximately 5 minutes.

    There is no clear direction for EURJPY as it took out the large at 103.85, but it closed below it.

    http://zulutrade.com/TradeHistoryInd...spx?pid=119612

  5. #5
    Very very wonderful xtrader 101!!!

  6. #6
    EURJPY Technical upgrade

    The rise was capped at 104.60, which can be the low on April 16, 2012.
    Positions are now short and prevent loss are set up to protect for sudden movement to the upside

    http://zulutrade.com/TradeHistoryInd...spx?pid=119612

  7. #7
    Performance update - End of November 9, 2012

    Balance = 1,434
    Goal = 2,500

    Amount to target = 1,066

    My Zulutrade SP account is gaining more followers every week.

  8. #8
    EURJPY Technical update:

    The pair made a powerful bounce last weeks and it is tapping the falling trendline over the weekly. If this pair closes over 104.50 in the upcoming few days, we're searching for a rally. If a reversal candle takes places this week, then we will be trying to find a brief entry.

    I just took one place in Zulutrade because of this reason above to limit DD. HoweverI took three places in my live account as I'm familiar with the risk I'm taking. If the pair breaks the falling trendline from the weekly, I am looking to add places onto a retrace.

  9. #9
    Technical Update:

    This pair proceeds to go north without some meaningful retrace. My Zulutrade just took over 300 pips for this particular run up as I was searching for some meaningful retrace, but did not get that chance.

    However, my live account had 3 places, so I managed to capitalized on it. The 3 short commerce taken last Friday resulted from the declining trend line on the monthly chart, but stops are in place at 107.20.

  10. #10
    Target of 2,500 not attained, but I am satisfied with the performance.

    Target at the end of December 31, 2013: $20,000

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