Pathfinder Trading System
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03/06/2017 at 7:38 PM #27475
@Arno Short conditions were met and so the Short Trade caused an exit on the Long (cant have both together).
I reckon we’ll see some profit tonight / overnight on the Short (down to around 19,275 due to completion of the 61.8% Fib retrace on the 1H Timeframe) and then the Nikkei will go up from there and the profit will then turn into a loss.
I’m going to set a manual 1 lot trade @ 19,270 so it will close the Auto-System and then hopefully by morning I’ll see some (more) profit back in my pot! 🙂 It’ll take me a few days to make back that £744 loss at 16:00 GMT today.
Of course, above scenario (retrace to 61.8% then uptrend continue) may not happen and the Nikkei may continue uptrend from where it is right now 19,400.
Best
GraHal1 user thanked author for this post.
03/06/2017 at 8:14 PM #27477Hi GraHal,
Also the same result with the Nikkei 4H. I activated it by the end of January and have now a couple of losses. A total of around $ 900,00.
Looking at the BT it is not really uncommon, but just bad luck. I was also thinking that it was a temporary bad day and that probably will go up soon. (Unless N-Korea fires again missiles tonight 🙂 )
This also happened with the DAX loss by the end of February. It closed just before the uptrend started. I think you have to run it for a longer period and see if it works or not. Always keep in mind that
a BT is just a BT. It does not say anything about the future. In theory you can have 10 losses in a row now…….
I will put in an order for the long Nikkei at the close of the execution of 17.00 CET. Lets wait and see if it will get filled.
Good luck with your trades.
Patrick
1 user thanked author for this post.
03/08/2017 at 12:39 AM #2765803/08/2017 at 12:50 AM #2765903/08/2017 at 9:04 AM #2768803/08/2017 at 9:45 AM #2769803/08/2017 at 10:01 AM #2770503/08/2017 at 10:06 AM #2770603/08/2017 at 12:00 PM #2773503/08/2017 at 12:03 PM #2773803/08/2017 at 2:03 PM #2775003/08/2017 at 2:08 PM #27751@MichiM – I am not aware of different versions, there should be only 1 version of the 4H so I am very surprised that you have different results than the rest of us (only 2 have confirmed though to be fair). Are you running yours in Live or Demo ?
03/08/2017 at 2:15 PM #27752Also, I confirm that another short position was opened at 12pm today @ 19,293.5 in Live Spreadbet (same as @CN). Unfortunate as we already took a loss on a short 8hrs earlier and are now re-shorting at a lower level. It looks like the system is providing mixed trades as the signals are not obviously not strong enough. Hope this does not continue for too long.
03/08/2017 at 3:02 PM #2775803/08/2017 at 5:38 PM #27796 -
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