Trader Log – August 27th 2010

by admin on August 27, 2010

Buy CADCHF – 0.9647 SL – 0.9617 TP1- 0.9677 TP2 – 0.9707

Buy EURCHF – 1.3035 SL – 1.2990 TP1 – 1.3080 TP2 – 1.3125

Buy AUDCHF – 0.9115 SL – 0.9063 TP1 – 0.9167 TP2 – 0.9219

I move my positions to BE after TP1 is hit.

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Forex OverDrive – Robot Case Study

by admin on August 24, 2010

In my last article, I discussed trading robots in good detail.This week, I plan to share one of my Live trading accounts that is traded by a robot called OverDrive. As a matter of fact, it has been trading the account for past couple weeks with good results. What I now have done is connected the account to MyFXBook so you can tak a look at my account activity, almost in real time.

I have attached the widget above, clicking which will take you to the system page with all details. Remember, this is a live account, and so, real money is at stake. I named it the Euro Growth Fund for it trades the EUR and GBP.

Note: There was a losing trade I accidentally closed manually last week. I take responsibility for it. Overdrive had no part at all.

In the following weeks, I will discuss this robot, and automated trading in extensive detail, includiing tthe pros and cons, a defined strategy and more.

Until then, enjoy the charts!

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Techno Trading – Can Robots Replace Us?

August 7, 2010

In 1997, Deep Blue, a chess computer, developed by IBM won a six-game match by two wins to one with three draws against world champion Garry Kasparov. This was the beginning of a renewed debate on Artificial Intelligence. Since then, many such experiments have been conducted across the globe. Fast forward to my question “can [...]

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Welcome

August 6, 2010

I am not a writer. My english is poor. My thoughts do not carry a flow because I am not a pro. Pardon me, if I go off track and stop making sense (heh). I have been a trader for the past 5 years (with a break). I entered the Currency markets in late 2005, [...]

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