As promised. Updated Setup. Added AUDNZD
AUDUSD: Direction None. Grid 99, TP 139
CADCHF: Direction Long. Grid 74, TP 75
AUDCHF: Direction Long. Grid 79, TP 75
NZDCHF: Direction Long. Grid 49, TP 99
AUDJPY: Direction Long. Grid 74, TP 75
NZDUSD: Direction Long. Grid 74, TP 75
NZDCAD: Direction Long. Grid 55, TP 85
AUDNZD: Direction Both. Grid 76, TP 99. All Filters to true (ie NOT default)
NZDJPY: Direction Long. Grid 76, TP 99
Reviewing charts this week, for adjustment. NZDCAD exposure to be increased. NZDUSD less exposure.
This Account has done much worse then the ECN sister account. In contrast it should have done better. Symbol choices were similar, but the addition of GbpUsd and XauUsd (after Trump) has not helped this account. The positive however, is that the DrawDown and Losses have already been absorbed. Its like pressing a spring, it comes back...
Despite its underperformance, it's equity is up...
Slowly and Surely... Bad Pair Choices has made this less profitable then what I envisaged. Nevertheless, its profit...
DD got higher than what I expected (40%) resulting from Trump's election but it has stabilised now.
October looks somewhat boring. 9%. This is partially because the lot sizes have not increased although the balance is 2.5 times what I started. If I had mantained the same lot size we'd be at 9 * 2.5 = 22%, basically on par with 50% every two months. As a matter of fact, the EA has run completely unattended through every Live event - 24/7. I can sleep at night.
So this week this account will go from V2.0 to Little Feet V3.1, and lot sizes will be doubled.
To be discontinued on 15 November. New Signal XM Micro Signal using same specs will be started this week (probably Wednesday).
The only difference is it will be on a new version 'Little Feet V3.1'. It is similar, but it is a little smarter in trade selection.
This better trade selection (skips certain trades in a grid on major volatility falls (or spikes against the trend), allows some extra profit per pair, and also reduces drawdown. But we are only talking about 1-2 % per pair extra...
Bad news... With my move to Australia I submitted my new proof of residence and XM Europe has asked me to close my XM accounts as they will not service Australia. I need to withdraw my funds, and reopen accounts with the XM subsidiary in Australia. Start again.......
Unnecessary work... and simple, although complicated by the fact there is a subscriber, and his/her funds are as important as mine. My Rules!
I have some weeks to sort this out to ensure there will be NO collateral damage...