Weekly wrap up

I would say it was a little bit tricky this week. The RDT system went Long and short on EURJPY, Long NZDUSD, both were doing pretty good, except the Long EURJPY, which was a crap with -1R loss. GBPUSD was a discretionary trade. It didn’t meet the RDT system criteria, so the system gave it a miss. The rest of the week, I did some discretionary trades, which were not impressive at all.

Having a semi automated entry system helps. It saves me a lot of chart screening time. And it tortured me as well. It takes really great patience to sit down and wait for the signal. I started some discretionary trade this week, when I was waiting for RDT signal. That was not a right choice. I should have spent the time reading instead of trying to show my brilliance (foolishness in fact) in the market.

So far so good for automation project. I am working on coding steps size trailing stops. I am doing it manually now to trail stops. I can feel the aging effect inside me. I am getting slower now when figuring out some program logic. Probably, I need more practice to gain my sharpness.  I am still waiting for my new PC to arrive. I purchased one on ebay to host my ATS program. Running the program on my laptop day and night is not a wise choice.

It’s all good. My system is still on, let’s see if I’ll have any trade on Friday.

From the desk of Tradergav.com