Presuming a capital of 10L.Roughly,initial size 5lots,add 3 lots,next add 1 lot
JANUARY 2008
JAN 1st :BAR 1 H6150,L6121......BAR 3 6154---no trades so far.BAR 5 H6159----No trades so far,but entry now at 6174.BAR 6---Entry Long at 6174,SL 6122-7=6115.........After that,sideways to mild declines.....Exit at 6160.
Profit/Loss=-3500.Capital at the end of day=9.965L
JAN 2nd :BAR 1 H6167,L 6144.BAR 2-------Short at 6144-14=6130. SL at 6177.BAR 3------Add at 6087-5=6082,then a Bottoming Tail,Doji.Look at 15min chart.Nothing to react to.BAR 4----one more bearish candle.Nothing to be done,stops still at high of the day + room.BAR 5-----New lows and then a quick move up,ending the 30mins as a bullish candle.Check the 15mins chart.Pivots at 6108.Move stops down from 6177 to 6108+7=6115.BAR 8-----Triggers a reversal.By this bar,we have a higher pivot low on the 30,a bottoming tail,doji on the 60 and pivots on the 15.........all timeframes in line for a reversal...........Profit/Loss=-250
BAR 8:Long at 6115,SL 6054 ............BAR 9:Add at 6128.SL at 6085........ BAR 10:Add at 6162.SL 6100(pivots on 15).......Exit all at end of day at 6223.
Profit/Loss= +44550
Total for the day=+44550-250=44300
Capital for tomorrow=10.408L
JAN 3rd :Entry at 6207 on Bar 2,Stopped out at pivots on 30 at 4191-7=4184.Short at 4184,cover at 6176.
End of day Profits/Loss=-5750 + 2000=-3750
Capital for tomorrow=10.371
JAN 4th :Entry long at 6249 at BAR 3,ADD at 6266 at BAR 7.....EXIT at 6251 at last bar......Loss=-1600.Capital for next day=10.355
JAN 7th :ENTRY at 6233,add at 6269.......Exit at 6288.Profits=+16600
Capital for next day=10.521
JAN 8th :ENTRY Short at 6283 at Bar 3....BAR 4--Add at 6259......Bottoming tail,but still closed bearish.Stops at day's high still.15min no pivots.Keep stops.BAR 5,6,7 Bullish candles on lower volumes,still no pivots on 15.Keep stops where they are.BAR 8,9,10-----all bearish candles.Tighten stops at high of previous bar as we approach the end of day.Bar 11---Exit at 6262.Profits at 4800.Capital for next day=10.569
JAN 9th :Short at 6232,stops at 6273+7=6280....BAR 5:Stopped and reversed at 6280.SL 6226.....ADD 1 at 6293.BAR 9,raise sl to low of Bar 7,Bar 10 making new highs,raise sl to Bar 8 low.Reversal triggerred at 6293-7=6286
BAR 10:Short at 6286,close at 6261.
Trade 1=-12000,Trade 2=+400,Trade 3=+6250
End of day=-5350.....Capital for tomorrow:10.516
JAN 10th :Long at 6309 in BAR 3,SL 6265........Stopped and reversed.Shorts at 6265,ADD 1 AT 6260-5=6255,ADD 2 at 6247-5=6242.Exit at 6159.
TRADE 1=-11000
TRADE 2=+45000
End of Day=+34k......Capital for next day=10.856
Think will keep doing this till we catch up till present day.
Saint
