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Wednesday, October 29, 2008

Fibo MA Indicator

I made these 3 indicators using rainbow indicator templates. I only change the period of the moving averages. The idea was to use these MAs without adding them one by one on my chart, also it looks nicer ;P The lower fibo (blue) periods are 5 EMA and 13 EMA, middle fibo are 21 EMA and 34 EMA, and the upper fibo periods are 55 EMA and 89 EMA. My idea of using these indicators is crossover of course, but I haven't got the time to test them. I've been busy with college assignments :( Well below is the picture and I hope you like it.

Thursday, October 2, 2008

September Result

What's up guys.. September sucks! I'm sad to say that I almost bankrupt. I lose 97.83% from my beginning balance on September. I need to win 4500.10% from my current equity to get it back. Can you imagine that! I lose in just a week, with 5 positions, got margin call on 2 of them, and then decided to close the rest. It was when GBP/JPY took a dive on the first week of September.

Why? Well let's not talk about that since the reasons are the same like before. Since that loss, I got this post-almost bankrupt- syndrome, which is losing more:P Haunted by the losses, afraid to lose again, wanted to get revenge, etc. My trading performance was up and down.(see daily result)

The good news is I think I got my exit strategy for the 5-13-21 EMA system. I also add another EMA actually and will post the system within this month, hopefully. I will also add the indicators for the download section. Bye..;)