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leverager

Leverager Trading Log Before Going Live

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The basic concept of my Trading Strategy is Triangular

I got this basic concept in somewhere forum , and only for cross pair that prices formed by divided 2 major currency

for Example : EURGBP, GBPAUD ,GBPNZD, EURAUD, EURNZD,AUDNZD,

 

The basic concept, i will take EURGBP as example

 

This strategy is Triangular Arbitrage, is one of Forex trading Strategies in forex utilizing the imbalance value of the three currencies,

 

For Example : GBP / USD, EUR / GBP, and the EUR USD, the formula third this currency is the GBP / USD x EUR / GBP = EUR / USD,

if the condition are GBP / USD x EUR / GBP # EUR / USD,

then the triangular arbitrage opportunities arise.

This strategy practiced manually is difficult, because of the scarcity of opportunities that arise, and need the speed and timing to execute the order, because it is usually run by using softaware.

 

 

Triangular Arbitrage

 

Currency formula (CF):

GBP / USD (GU) x EUR / GBP (EG) = EUR / USD (EU

Description :

GU price multiplied by EG must be equal to the EU

 

The Triangular Arbitrage Formula (TAF):

GU x EG # EU

Description :

Triangular Arbitrage arises if:

GU price multiplied by the price of EG is not the same as the price of the EU at the time

 

Entry Rule:

1. If the EU CF> EU TAF by a margin of at least 12 pips then we open trades: EU buy, sell EG, & sell GU

2. If the EU CF <EU TAF by a margin of at least 12 pips then we open trades: EU sell, buy EG & buy GU

3. We will not open trades if the difference is less than 12 pips

 

Lot used in RTA for each currency:

1. EU = 1 x lot (mini, standard)

Examples 0.10 or 1.0

2. EG = appropriate price at the time GU x lot (mini, standard)

Sample price GU 1.6381 then we open 0:16 or 1.63

3. GU = appropriate price at the time EG x lot (mini, standard)

Examples EG 0.7210 price then we open 0.72 or 7:21

 

Exit Rule there are 2 options:

1. Take Profit with the following calculation: the difference in pips (ex: 12) - total third spread currency (ex: fx version 8 open) = profit (4) x lot (1) = $ 40

2. Exit when price is in conformity with the RMU

 

Sample case :

Prices on the chart, namely: GU 1.6381, EG 0.7210 and 1.1823 EU, dg spread 3.3, dan2 then appeared triangular arbitrage opportunity, because GU x EG # EU.

Value EU RMU is supposed to 1.1811 due to the smaller of the EU RTA 12 pips, then we open trades sell EU, buy EG and buy GU dg minilot each EU 1.0, EG 1.63, (according to the price GU) and GU 0.72 (according to the price EG time )

We will take profit formula pips difference minus the total spread, ie 12-8 = 4 x 1 lot = $ 40

 

but here i wont wait for triangular arbitrage arises , it will take a long long time.

 

i will do the same practices here but with a twist

i will entry blindly and wont wait for any triangular arbitrage arrises

i will only lot formula as mentioned at this post

 

XXX/USD = 1

XXX/YYY = lot is the YYY/USD price

YYY/USD= Lot size is XXX/YYY Price

 

 

and first entry i will try GBPNZD

 

nzdusd-h1-tickmill-ltd.png

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as a trader , i already trade currencies for 1-2years and i think i still stuck in this level.

 

a deposit only trader level.

 

off course sometimes i requested withdrawal of my profit, but if i do some calculations , my deposited / and lost money, still bigger than my withdrawal.

 

inspired by my friend who turn $1000 into $12000 in one year with Alpari (may their soul rest in peace) and he told me if you wanna survive in this business, write your own journal, analyze your foult,risk amount that you can afford to lose.

 

so here i am. trying to going live and write serious journal

 

because i familiar with MT4 and can't risk too much money, i decided to trade with Tickmill which is suitable for me.

 

about my trading system.

 

in short i use combination of EMA 12,50,100, 260 ,500 and some price actions

 

will upadate myfxbook tomorrow, and i hope i can succesfully compouding and achieve my 1st $1000

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Let us made some market review for a moment before opened a trade. W

What happened in this week which is the majority of USD rivals stronger than the USD , which means that the long-term weakening of the USD in sight

 

This is due to weaker US economic data than anticipated.

PMI is below expectations,

ADP which is above forecast, Forecast 195k, actual 205K

The unemployment rate rose 8k

 

the NFP today, market expectations about jobs created and opened : 189k ,

and if the data released under 180k can harm USD fundamentally.

 

With the reluctance of the Fed to raise interest rates, the ECB QE plan in March 2016, and the BOJ is set negative interest rates, today's NFP data is crucial as a guide to where the next market direction next.

 

Technical analysis : , based on Tickmill weekly chart, the USDJPY this week , weakened as much as 500.0 pips.

 

Head and Shoudler has been formed, and if the NFP data this week could make close USDJPY weekly chart with a bearish engulfing pattern, then the USDJPY weakness for the medium-long term was inevitable with the first target at 113.00 area

 

usdjpy-w1-tickmill-ltd.png

if this picture does not load, use this link : https://charts.mql5.com/10/112/usdjpy-w1-tickmill-ltd.png

 

Recommendation :

 

USDJPY Bearish,

risk in the area of ​​121.75 -122.00

Target: 113.00, 110.00, and 109.00

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Lets Rock And Roll

 

Sell EU , Reason : Double Top Formation, Seller candlestick pattern and price opened under EMA 12

Got 0.2 spread, great

Entry at 1.12014

SL at 1.12164

 

gbpusd-h4-tickmill-ltd.png

 

 

Sell GBPUSD Averaging minus mode

Sell 1 at 1.44090

Sell limit at 1.44490

Reason : Support become resistance and Buyer at H1 buyers are not able to maintain their strength, and candle close under EMA 12

 

 

gbpusd-h1-tickmill-ltd.png

 

 

 

Sell EURAUD

Reason

1. because i have 1 sell eurusd position

2.At M15 price already Break and open new candle under EMA 12, need H1 confirmations

Sell @ 1.59076

SL @ 1.59326

Update Hit SL

 

 

euraud-m15-tickmill-ltd.png

 

 

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Update :

open 2 trades EURAUD

Open trade 1 : 0.02 lot @ 1.58761 SL @ 1.59161

Open trade 2 : 0.02 lot @ 1.58861 SL @ 1.59561

TP @ 1.57260

Got good spreads with this crosses , around 2.0 pips. its rare to have broker like tickmill with tight spreads on crosess

nice

 

 

 

Reason : Engulfing on EMA 12

 

 

 

euraud-m15-tickmill-ltd.png

 

 

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Today, Because china celebrating Chineese new year ( happy Lunar new year anyway, i hope you are more prosperous in this fire monkey year)which caused market move in sideways

 

we need to pay attentionm there is some news that should be on the alert

 

12705607_576475212510525_2044793440431129555_n.jpg?oh=5067f76acbff23844048cd13ee188110&oe=5730B31F

 

gbpusd-m15-tickmill-ltd.png

Buy GU @ 1.44900,reasons, entered an order because long candle in M15 full with buyer

 

Sell Gold @ 1187.90 SL TP @ @ 1191.9 1177.9

 

Reason : Gold break EMA 12

 

I have trading for years and only with Tickmill i can have 10 pips spread for gold.usually another brokers charged 30-70 pips spreads for gold

 

Error | Myfxbook

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is it me or myfxbook always have errors when i wanna upload my trading history.

Whatever, moved to FXBlue.

FX Blue - Statement for ijak

 

Got margin called and deposited another $25

 

Today Open trade

 

Sell GBPUSD

Sell GBPCHF

Got signals from M5

 

gbpchf-m5-tickmill-ltd.png

Reason for Sell GU , Fake confirmations candle on M5, and turn the candle into Continuation signals, RSI break neckline

 

Reason For sell GBPCHF

Got RSI break signal with m5 , plus confirmations candle pattern

 

Got around 3-4 pips spread for GBPCHF , and around 1 pips spreads on GBPUSD

 

 

Took a peak on news, and whew, china still on New year holiday,

 

But today , Yellen would have a testimony again , i hope yellen could give us clues about The Feb Policy

 

12734189_576930999131613_376846630939316477_n.jpg?oh=ffe650a009dfc5e8a3bc7515999af0ed&oe=5761CEC0&__gda__=1466303047_87232b98138e2b928d511cac9ff3c9b1

 

Read on some news sections

 

Lee Hardman, currency analyst at MUFG, expects Brexit risk premium will increase as we move toward a referendum to strengthen the pound weakness and increased volatility.

 

Excerpt important [/ B]

 

"Risk Brexit will increasingly dictate the performance of pounds while driving other underlying such expectations BoE policy will only be the event extra. Time referendum is right yet to be decided but it seems likely to be faster after the draft proposal released this week for" a new resolution for the United Kingdom in the European Union " . Draft and they will be discussed in more detail at a special meeting of the European Council on 18 and February 19.

 

Increased uncertainty regarding the upcoming referendum on the European Union and the downside risks to global growth prospects resulted in view of the more cautious BoE's monetary policy. "

 

 

 

From: FXstreet

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Updated my Journal, it is hard to reach master trader level

but i must learn and enjoy this process

 

still have floating order, Sell EURUSD

 

 

eurusd-h1-tickmill-ltd.png

Reason, look at the rectangle. my reason is , Engulfing on MA, plus candle break out EMA 12 at H4, and entered the market and got 0.2 spreads . very nice

 

 

 

 

Closed Buy GBPUSD

 

gbpusd-m15-tickmill-ltd-2.png

Entered the market At M5 (and got spreads under 1 pip) because engulfing on MA( look at the rectangle)

 

 

and i got good setup for sell at NZDUSD

 

If NU Closed and stay like this at 12 febuary 2015, 20.00 GMT +7

i will consider to sell NZDUSD

 

nzdusd-h1-tickmill-ltd.png

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This Week High Impact News

 

Time using GMT+7

Mon 15 Feb :

21:00 : ECB President Draghi Speaks

 

Tue 16 Feb :

4:45 : NZDRetail Sales q/q

7:30 : AUD Monetary Policy Meeting Minutes

9:00 : NZD Inflation Expectations q/q

Tentative : German Constitutional Court Ruling

16:30 :GBP CPI y/y

17:00 : German ZEW Economic Sentiment

20.30 : Cad Manufacturing Sales m/m

Tentative: NZD GDT Price Index

 

Wed 17Feb 2016 :

16.30 : GBP Average Earnings Index 3m/y

16.30 : GBP Claimant Count Change

20.30 : USD Building Permits

20.30 : USD PPI m/m

 

Thu 18 Feb 2016

4:45 : NZD PPI Input q/q

7.30 : AUD Employment Change

7.30 : Unemployment Rate

20.30 : USD Philly Fed Manufacturing Index

20.30 : Unemployment Claims

23.00 : Crude Oil inventories > Spesial , news khusus oil

 

Fri 19Feb 2016

16.30 : GBP Retail Sales m/m

20.30 : CAD Core CPI m/m

20.30 : CAD Core Retail Sales m/m

20.30 : USD CPI m/m

20.30 : Core CPI m/m

 

opened 2 trades, Sell EURAUD and sell EURNZD

Sell EURAUD

euraud-h4-tickmill-ltd.png

Reasons :

1.Engulfing on MA at H1 timeframe

2. RSI H4 formed Hns, even now, RSI h4 already reach RSI support, but i will waiting next RSI support for exit

Traling stop activated at +100.0 pips

 

Sell EURNZD

eurnzd-h1-tickmill-ltd.png

Reason :

1. Engulfing confirmed by inverted hammer which is hanging on MA Cross

2.RSI H4 Formed HNS dan maybe will try to break the RSI support.

Trailing stop at +1

not bad . got 2.5 pips spreads with Sell EURAUD and

Got 3 pips spreads with EURNZD.

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busy all days, and just updated my journal after i finished all my business thing

 

opened Sell GBPJPY dan Sell GBPUSD

gbpjpy-h1-tickmill-ltd.png

 

 

My reason sell both pairs are they had big engulfing on MA cross (look at magenta rectangle)

and i am positive , when i post issue about Brexit, it may happen in near future.

 

 

Closed with profit

and after some drawdowns with my account in 8 days, finally i can banking some nice profit into my wallet

now i am Breakeven and in profit

 

 

Requested $45 WD +$45 at 20.30 GMT+7

 

12662668_578917068933006_6368010508406013464_n.jpg?oh=bd4753eacf6193819fa38598dc3cedfb&oe=572A46F3&__gda__=1465553685_c32913e141daac9e52db13234ae84a46

 

Recieved 20.42 in same day.

12745476_578917355599644_8637654143824205183_n.jpg?oh=f443fdcb69d339de471d55745b300abc&oe=575F1FA7&__gda__=1462739579_76d8aa38e776adae72349d633345eb65

 

my target : to WD $1000 from $50

is it possible?dunno, let us see, how long i can maintain my trading account. and consistantly banking some profits into my wallet

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i starts my day with opened trades for several pairs

 

 

 

 

Sell USDCHF @ 0.98823 SL @ 0.99073 TP @0.98190

Sell Stop USDCHF @ 0.98573 SL @ 0.98823 TP @ 0.98190

Sell AUDCAD @ 0.98449 SL @ 0.98849 TP @ 0.97449

Sell stop AUDCAD @ 0.98049 SL @ 0.98449 TP @ 0.97449

Sell EURAUD @ 1.57448 SL @ 1.57848 TP @ 1.54314

Sell stop EURAUD @ 1.56813 SL @ 1.57448 TP @ 1.54314

 

Reason :

audcad-d1-tickmill-ltd-2.png

 

Sell USDCHF

1. I saw Tower pattern ,

2.confirmed by engulfing at right leg

3.left leg already formed 2 waves

 

usdchf-h1-tickmill-ltd.png

 

 

My reason why i opened Sell AUDCAD is simple , Because ad Daily Timeframe , my EMA will cross, and engulfing it self alreay formed. i just need today confirmation

 

For EUAUD , i use it as hedge instrument against USDCHF and AUDCAD

not bad. got good spreads when i entered this 3 trades

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My fokus today is CADJPY, to find out the best price to buy CADJPY

 

 

 

 

 

 

cadjpy-h1-tickmill-ltd.png

 

My reason why i decide to buy CADJPY

1. W pattern

2.RSI Divergence

 

 

 

 

And if we compare USDCAD and CADJPY , why i buy CADJPY because few days ago, USDCAD had strong bearish trend ,

 

usdcad-d1-tickmill-ltd.png

 

 

and tonight we have crude oil inventories news and as far as i know , OIL and CAD have strong correlation

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Yesterday i made +$55 profit and request for Withdrawal

 

,

 

Request @ 18:12

 

WDrequest.png

 

Processed @ 21:12 GMT+7

2nvrp8n.jpg

 

 

 

Buy CADJPY

Chart CADJPY

 

cadjpy-h1-tickmill-ltd.png

Because CADJPY spreads are low, i can trade this pair

Reason buy CADJPY : Strong Support area

 

got 1 pip spreads

 

before GBP News, i tried to catch the trend

gbpusd-h1-tickmill-ltd.png

 

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Got Drawdown in my ECN Pro Account

but no problem. OverAll i am still in profit T_T

 

[spoiler=EURJPY]

eurjpy-h1-tickmill-ltd.png

 

 

 

Sell EURJPY

Reason : Price / buyer, are not too dominant and can't maintain their power above EMA 12

 

SL Scalping

TP longterm

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Still hold my Sell EURJPY, move EURJPY stoploss into trailing stop mode

Sell EURGBP , because at M5 , candle broke out the EMA 12,and met major resistance. put 10.0 pips stoploss,

 

got good spreads on EURGBP, 0.6-0.7 pips for EURGBP , not bad for cross pair

 

 

 

eurgbp-m5-tickmill-ltd.png

 

 

 

today we have EURO Zone news, perhaps this news could help my trade

news.PNG.10011e9977bcb8445ea2fdc9d9ee181b.PNG

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Finally i got Margin Call

Well redeposit my account and looking for signals with another trading instrument provided by my Broker,and i decided to trade the indices

After tried their demo to find out how much margin used for any indices

i decided to trade the US500 index (SPX500 index)

 

Reason :

1.M pattern

2.Engulfing

3.Their spreads looks lower than another index (40 pips, i think its like 4 pips in forex)

 

Sell 1 @ 1917.20

sell 2 @1906.20

Trailing Stop loss @ 1911.20

My worst scenario : i think am only reach BEP

 

 

 

us500-h1-tickmill-ltd-2.png

 

 

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today I have a lot of work to do and only now I have time to update my journal

And today , we only have one important USD news

 

today i do some multiple entries

 

 

 

Buy HK50 (Hanseng )

Reasojn : engulfing on m15

 

 

 

hk50-m5-tickmill-ltd.png

 

 

Indices trading have different sensation, although the spreads are small, but we can quickly experience a plus or minus in one single moves

Closed profit +40$

 

and after that i bought GBPUSD and sold EURGBP

 

gbpusd-h1-tickmill-ltd.png

 

Got tight spread , and closed by my trailing stop

 

And i now i try another trading instruments provide by Tickmill, which is JPY225 (Nikkei)and EURJPY

Reason : engulfing on MA

 

 

jp225-m5-tickmill-ltd.png

 

 

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Sell EURGBP

god, I hate this Inverted Cup and handle Pattern.

 

 

 

12803017_10208287364489350_1406263650279312179_n.jpg?oh=4fec112aca82c26e36b2ce6968baa891&oe=5759F667&__gda__=1466502804_a835d82eb8c81144857223a78d468eb4

 

 

 

Example of Cup and handle Pattern in WTI/CL

 

 

 

wti-h4-tickmill-ltd.png

looking this WTI, makes me wanna open a trade, because my broker uses fixed 1 lot , and 1 lot = 0.01$ / pips which means i trade WTI with cent account

 

 

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Try To buy NZDCHF

 

Finaly i am back trading forex, because indices trading is very painful.

For smallest lot in my broker, smallest used margin is in JP225 , it is around $14-$15. not to mention, index have very wild movement.

need bigger balance sigh

and looks like they applied 1:100 leverage in all indices instrument

 

 

nzdchf-h1-tickmill-ltd.png

Reason, hammer on MA with counter sell if it become invalid

 

 

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Ronald Temple, chief market strategist at Lazard, said the scale and speed of these tariffs could result in far more severe damage than previously anticipated. ‘This isn’t just a bilateral conflict anymore — more countries are likely to respond in the coming weeks,’ he noted.   Analysts at Barclays cautioned that smaller Asian economies, such as Singapore and South Korea, may face challenges in negotiating with Washington and are already adjusting their economic growth forecasts downward in response to the unfolding trade crisis.           Oil Prices Sink on Demand Concerns   Crude oil continued its sharp slide on Monday, driven by recession fears and weakened global demand. Brent fell 3.9% to $63.04 a barrel, while WTI plunged over 4% to $59.49—both benchmarks marking weekly losses exceeding 10%. Analysts say inflationary pressures and slowing economic activity may drag demand down, even though energy imports were excluded from the latest round of tariffs.   Vandana Hari of Vanda Insights noted, ‘The market is struggling to find a bottom. Until there’s a clear signal from Trump that calms recession fears, crude prices will remain under pressure.’   OPEC+ Adds Further Pressure with Output Hike   Bearish sentiment intensified after OPEC+ announced it would boost production by 411,000 barrels per day in May, far surpassing the expected 135,000 bpd. The alliance called on overproducing nations to submit compensation plans by April 15. Analysts fear this surprise move could undo years of supply discipline and weigh further on already fragile oil markets.   Global political risks also flared over the weekend. Iran rejected US proposals for direct nuclear negotiations and warned of potential military action. Meanwhile, Russia claimed fresh territorial gains in Ukraine’s Sumy region and ramped up attacks on surrounding areas—further darkening the outlook for markets.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Andria Pichidi HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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