My semi-automated trading system, Quantised Trading Desk, closed its
first trade this week. I was bullish EURGBP and USDJPY, and
bearish NZDUSD as per the previous discussions. The QTD system saved me
from the premature calls in both USDJPY and NZDUSD by not making any
trade this week. That, in and of itself, has made me very happy with
QTD's first week of live trading. Particular in light of how fierce that
USDJPY down move has been. As a bonus, QTD entered a long position in
EURGBP for a small 0.19% gain as illustrated below. My parameter were a
maximum of 0.25% risk per position. The gain could have been better if
it weren't for that 61% retracement. Not that I'm complaining as I
haven't even looked at the market this past couple of days while the
system is trading for me. USDJPY touched my threshold support price
80.70, my bullish sentiment needs to be reevaluated. NZDUSD just cracked
a higher high (marginally though), so I'm easing on the bear button for
now. EURGBP is testing some resistance to, so I'm not so eager to dive
in again. Overall, I've been 2/3 wrong. I've told you before that I'm
very bad at timing the market. That's why I developed QTD to trade
for me. Seeing that it's a long weekend, and I'll be way from town, I'm
just going to shut down my remote trade server in London until next week
when I can have some time to re-do my analysis. [caption
id="attachment_5361" align="aligncenter" width="580" caption="EURGBP,
hourly"][
][][/caption]
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]: http://www.quantisan.com/static/images/2011/04/2011-04-21-EURGBP_hr.png