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It's the end of nine months of phoney war today as the UK triggers Article 50 and sets in motion the two-year negotiation process that will culminate in divorce from the EU. GBP bulls are already scarpering sending GBPUSD down some 200 pips since Monday.
Squawk / 25 July 2016 at 13:05 GMT
Hypothesis Testing
United Kingdom
The gorgeous Loon :-)
25 July
Michael O'Neill Michael O'Neill
It's a loon of beauty
25 July
fxtime fxtime
LOL...so you saw it too :-)
25 July
marran marran
and the only trade i have won today! lol
25 July
fxtime fxtime
But what a win :-)
Marran have you seen the commentary here? Todays trades etc.
https://www.tradingfloor.com/posts/quant-the-article-commentary-is-getting-a-bit-long-now-so-for-the-bare-bones-algo-we-also-mentioned-7939709
We are trying to determine if a 15k account can be turned into a 18k account without incurring more than a 1k loss and no overnight trades (which is a shame as I earn more from that). Anyone can post their live trades and subsequent results to see where the good trade set ups occur for us all.
Max 2 lots utilisation so risk is tight and drawdown must be equally constrained to 1k.
25 July
Qi2 Qi2
It's a beautiful system :)1
25 July
fxtime fxtime
I am currently at 15765 but Qi2 and Quant and Zefy will probably match/beat that by the end of day as I concentrate on other trade scenarios.
25 July
fxtime fxtime
Hey Qi2 how are things working for you? FWIW the eurgbp 6 line algo triggered a long as the ratio exceeded 2.1 - 1 for eur$ against cable so eurgbp long etc.
25 July
fxtime fxtime
My stop is 1.4ratio so at worse I bank +10 today :-) I am not including this in the quant project as I didn't post it LIVE.
25 July
fxtime fxtime
Correction DAX trade completed for this experiment/project...luckilly my balance NET now shows at £15,940 :-)
25 July
Qi2 Qi2
Hey fxtime, I am working on the EURGBP model, I believe it is brilliant and can't wait to have it coded. I was running my GBOPUSD algo for the Quant theory, which I have now shut down as I hit the initial targets :)
25 July
fxtime fxtime
LOL....Qi2 wins the day it seems as he has exceeded the 18k target level on the first day.... :-)
Fantastic trading Qi2....you absolutely thrashed my results LOL.
25 July
Qi2 Qi2
Couldn't resist the EURGBP move, added a few trades :)
25 July
Qi2 Qi2
It's my favourite system, works well from US market open (9:30 EST) through UK market close, I run it until 1200 noon EST
25 July
fxtime fxtime
LOL....I haven't done anymore for this project and still you enhance your account balance. Brilliant trading mate.
25 July
Qi2 Qi2
Thanks, posted the log to your profile, didn't want to clutter Michael's :(

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