Vicky's Journals

[vickyp]

Back test for Kiwi. Jan 2020 to Dec 2021.
 
 
 
 

[immy]

Back test for Kiwi. Jan 2020 to Dec 2021.
 
 
 
 

 

Backtesting is the Sign of a good trader trying to understand their edge and their strategy. It helps improve our understanding of the market and elevates our confidence in our method. keep doing it. Plety of other pairs to do. do them all.. look forward to it.. cheers 

[vickyp]

Another 3 pairs done. Pound, Yen and Euro/Pound.
 

[vickyp]

Next 3 - not so many entry using the level lines drawn in to the left, but no pair is a loss so far. Trailing would have produced a couple of good runs with multipul R's. Eur/Gpb attached possible 8R

 
 

[vickyp]

Eur/Nzd. Currently running and trailing.
 

[vickyp]

Note to self:
Overall I am still up by 5R since being back on H4. In saying that the most recent trades, have reduced my R score down. Its been a bit of death by a thousand cuts of late.
So what have I learnt. I have not been focused enough, and hesitate on ones that I should have taken.
I have had to take a step back in the last couple of months, my current work load and juggling of too many balls have limited my focus.
I am still reviewing charts to keep my eye open to the patterns and opportunities.
The next few months ahead will be no less hetic, so I must continue at a slower pace. If I can not give it my full attention, mistakes will happen.
I will trade and tune in as time allows.

 
 

[vickyp]

Caught a 2R this week with EU.
 

[immy]

Caught a 2R this week with EU.
 

 

Hi Vicky.

The most important thing I have to say to you. 

Stop 2R targets. What has been keeping you at "just barely" profitable is this one thing. 2R
3R is the way to go. In fact with banana signals on H4, I would only go for 5R targets with tight stops. 
I never go for 3R these days, always 5R (especially for tight seed signals) on h1. 

Remember, when the Stop loss is tight, that is seed signals, the probability of losing is higher which is then compensated by the very high probability of a HIGHER reward trade ie. 1:5 or more. 

The Tightehr the Stop Loss: the higher chances of getting stopped out and the higher chances of a bigger reward. The wider the stop loss the higher the chances or winners but also the reward multiple is reduced. 

good to see you've caught something and are back! 

cheers 

[vickyp]

Thanks Immy. I am still here in the back ground.

Just got a bit going on of late. We are getting near the final stage of the final year of school here, and mum duties call for extra tutoring and making sure we fly over the finish line!  Hopefully it will be my turn soon to put my trading first!

I do miss checking into the chat room, its a bit easier to keep up with you guys and feel connected.

One other thing, my Aims Box has disappeared from my TV charts, there is a red ! beside the listing. Can you tell me what I need to do to get it back?
 
 
 

[Minsk]

Thanks Immy. I am still here in the back ground.

Just got a bit going on of late. We are getting near the final stage of the final year of school here, and mum duties call for extra tutoring and making sure we fly over the finish line!  Hopefully it will be my turn soon to put my trading first!

I do miss checking into the chat room, its a bit easier to keep up with you guys and feel connected.

One other thing, my Aims Box has disappeared from my TV charts, there is a red ! beside the listing. Can you tell me what I need to do to get it back?
 
 
 


 

Hi Vicky, good to see you back as well 
For TradingView you need to open the properties of the indicator itself, the check  the box with arrow, see screenshot

TVbox.JPG