FxTurtle

[fxturtle]

Additional pairs to be traded in signal account.

USDJPY, GBPUSD, USDCAD, AUDUSD.

All other parameters are the same.

If you don't want to trade these pairs, disable them in your control panel.

Cheers,
FxTurtle

[fxturtle]

Month of May did not end well.

Final Result:
Equity lose: -3.02%
Drawdown: 3.76%


Cheers,
FxTurtle

[fxturtle]

Hi Turtle & I_shia, I have an Axi Pro account and it offers 0.01 lot

Glad to know because per their website sometime ago, it says "1 mini". It just verify it today and had a chat with them. They changed it now to 1 micro minimum trade size.

Cheers,
FxTurtle

[fabx]

Hi Turtle & I_shia, I have an Axi Pro account and it offers 0.01 lot

[fxturtle]

My stats for
Week ended May 22nd:

Pips: -210
Number of trades: 96
Pip difference from Master: -254
Broker: AxiTrader Standard account
VPS Location: NYC

As I discussed with i_shla, standard accounts (spreads with over 1 pip) will not work on my signals.

Choices for tight spread brokers:

1. IC Markets ECN
2. Global Prime
3. Tickmill Exchange
4. Pepperstone Razor
5. FXCM UK
6. Lmax

The brokers above have EURUSD spread less than 0.4 most of the time, execution is fast and minimum trade size is 0.01 lot. Axitrader Pro account will work, but minimum trade size is 0.1 lot.

For US followers, Myfxchoice Pro (Spread is less than 1 most of the time). This is a better choice than Tallinex Pro spread and Myfxchoice have minimum trade size of 0.01 lot compared to Tallinex Pro of 0.1 lot.


Cheers,
FxTurtle

[i_shla]

My stats for
Week ended May 22nd:

Pips: -210
Number of trades: 96
Pip difference from Master: -254
Broker: AxiTrader Standard account
VPS Location: NYC

[fxturtle]

Hello All,

Another disappointing week, although not as bad as the second week, nevertheless, disappointing.

We started some recovery on Tuesday, but Wednesday and Thursday whipsawed a lot. Friday started good broke 1.1150, but went down in a hurry without bouncing. I was able to trade 1 more short and we got BE for the day.

After 3 weeks, you may have noticed already these:

1. I seldom pick tops and bottoms
2. I follow the trend in my renko chart
3. I trade on retracement off the current renko trend
4. Range market, most likely I will lose
5. One way direction without retracement, most likely, I stand aside

I am entering negative territory for the month (-0.35%, +214 pips). The commission is eating on my positive pips.

Reviewing my turtle lines through the weekend, 1.1200 was a trade that I wouldn't hesitate to pick top and go short.

Last Friday, I was looking at this, I was waiting for 1.1216ish. That is why I still took 2 longs before news.

Friday.JPG

During my review on the weekend, when I zoom in, I saw the previous broken support at 1.1204

Weekend.JPG

Next week, only one trade (2 micro/trade) or 2 trades (1 micro/trade) will be opened at any given time.

Cheers,
FxTurtle

[ESG]

Hello early birds,

Stats for the week ended May 22nd:

Trades: 107
(I missed one partial close. Position opened 05/18/2015 06:00, 0.02 lots was closed completely on 05/18/15 08:14 with -8 pips)
Pips: 56.8
(I've adjusted the pips value to be comparable to the 108 trades on master account, by taking the missed partial into account which had -14.6 pips on the master.)
Broker: ICM
VPS Location: NY
Risk 1x's

I have slippage in both directions but overall I was lucky to get more in my favour.

Regards,

ESG

[fabx]

My stats for
Week ended May 22 May

Pips: 87.6 (number of trades 107)
Pip difference from Master: +51.7
Gain -0.36%
Broker: Tickmill (demo)
Location: UK based not using VPS at present

[foxmajster]

..and my weekly results:

Broker: Tickmill (Exchange account)
VPS: w2cloud.com NewYork server (Enterprise A)
using Simpletrader copier with LotSize multipler 5x

week 11.May-15.May:
Missed Trades 1
Total Pip Slippage -8.7
Pips lost on missed trades -14.6
Total pips 41.8

Because of slippage I am moving signal receiver to ICmarkets - as seen on the forum I ought to get better results.
@Turtle, thanks for the offer, but currently I will try with NY/ICmarkets and I will hopefully get London VPS very soon

fox

[dupapa]

Here are the week and monthly results

week ending 22 May

Trades: 107
Pips: -+47.5 pips
Gain -0.16%
Broker: GP
VPS Location: Manchester
Risk 1x

month to date

Trades: 309
Pips: +216.3 pips
Gain -0.11%

Many thanks lets see what next week brings, wonder where eu will end for the month..

//Ben

[fxturtle]

Again the IC Markets/NY VPS setup is so far the better choice to follow my signals.

I_shla, from what I can see, Axitrader/NY VPS is a poor setup to follow my signals. 109 pip difference from Master is way to much. A +/- 3% difference from should be the the acceptable difference.

Foxmajster, I can host your Tickmill in my London VPS for the rest of the month just to see how performance compare to master if you want. Send me email if you would like to do this.

We will see what this week brings to us. I know the feeling of a losing week.

Cheers,
FxTurtle

[ESG]

Hello early birds,

Myfxbook stats for the week ended May 15th:

Trades: 118
Pips: -212 pips
Broker: ICM
VPS Location: NY
Risk 1x's


Regards,

ESG

[foxmajster]

..and my results:

Broker: Tickmill (Exchange account)
VPS: w2cloud.com NewYork server (Enterprise A)
using Simpletrader copier with LotSize multipler 1x

week 11.May-15.May:
result: -238 pips
slippage: -24 pips (10%)

Slippage has increased from 5% last week to 10%. Let's see what another 2 weeks will bring, but probably will need to modify broker/VPS setup.
Keepng fingers crossed for 1st week to repeat

fox

[i_shla]

My stats for
Week ended May 15th:

Pips: -362
Number of trades: 109
Pip difference from Master: -148
Broker: AxiTrader
VPS Location: NYC

Even with the ST setting of "Max slippage in pips" set back to the default of 3, there's still a large difference in the number of trades and pips.