Well, bad news, I just lost -120 pips :( . The trade was opened by EspritFX EUR/JPY. I have decided to remove them from my portfolio. I am getting tired of their negative performance. What makes it worse is that they opened the trade in a clear uptrend. My guess is that this is a mechanical trading system. It was trying to initiate a sell to possibly profit from the potential downswing (the EUR/JPY is at an all time high), but clearly it was a stupid trade which resulted in a loss of 120 pips!! Not cool for my account.

I have replaced EspritFX EUR/JPY with ATRChannel GBP/USD

That’s all for now. I’ll keep you guys posted.





Share and Enjoy:

  • Print
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Blogplay
  • Add to favorites
  • PDF
  • RSS
  • Twitter
  • email
  • LinkedIn
  • MySpace
  • Technorati

Related posts:

  1. FXDD Auto: update on my trades
  2. FXDD Auto: Update on my adventure with autotrading
  3. Update on my adventures with FXDD Auto
  4. the demise of my FXDD Auto account
  5. FXDD Auto: Review

Author:
alan
Time:
Friday, June 29th, 2007 at 4:25 pm
Category:
Uncategorized
Comments:
You can leave a response, or trackback from your own site.
RSS:
You can follow any responses to this entry through the RSS 2.0 feed.
Navigation:

Leave a Reply

Would you like to subscribe to my blog?