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**rsmereka** · 2009-12-29, 05:37 PM

It all started with noticing a particular pattern with the AUDNZD pair. Since Robo/GT trades this pair, I am very comfortable with it and know it well even though the spreads are high.

I spent last night analyzing a D1 chart and confirmed the presence of the pattern and placed two pending orders, one sell, one buy at 1.0 lots each.

Today, at 20:10 (GMT +2), the buy order was triggered and the trade is now in progress and doing well (+20 pips).

One of my problems has always been when to exit a trade. For this manual system, I have decided to set the TP the same as Robominer (+40 pips).

The one great thing about this manual system is that I am using the daily chart and need to check the price and make adjustments only once a day. The rest is automatic.

Naturally, I am talking about my demo account here.

I will update the performance of this manual system along with all the EA's at the end of each week/month.

Rick

2009-12-29, 05:37 PM	#327 (permalink)
rsmereka Site Supporter Posts: 1,990 My Trading Journal Trading Live with: Forex Hacked(Copier), Forex Strategy CAD1(manual)	Testing New Manual System It all started with noticing a particular pattern with the AUDNZD pair. Since Robo/GT trades this pair, I am very comfortable with it and know it well even though the spreads are high. I spent last night analyzing a D1 chart and confirmed the presence of the pattern and placed two pending orders, one sell, one buy at 1.0 lots each. Today, at 20:10 (GMT +2), the buy order was triggered and the trade is now in progress and doing well (+20 pips). One of my problems has always been when to exit a trade. For this manual system, I have decided to set the TP the same as Robominer (+40 pips). The one great thing about this manual system is that I am using the daily chart and need to check the price and make adjustments only once a day. The rest is automatic. Naturally, I am talking about my demo account here. I will update the performance of this manual system along with all the EA's at the end of each week/month. Rick __________________ MyFXBook Live Statement Mt4Analysis Last edited by rsmereka; 2009-12-29 at 05:40 PM.