Same low range trend continues - The daily ranges of the currencies that we normally trade have recently been half or less than their normal range. This I believe is due to the traders anticipating a forthcoming move (event). I discuss this in greater detail to my clients that belong to the private client areas.
Because of this many EAs are not being traded or are not triggering trades with the normal defaults. While I have suggested some input changes on the Targeted Pips EA, I believe the risks are too great to alter some EA inputs as once 'the event' hits, the markets will likely bounce beyond their normal ranges.
For the week ending 7/12/14:
Targeted Pips* closed profit of $23.44 with new defaults
For the week ending 7/19/14:
HeikenGale* on Gbp/Usd closed profit of $93.16
Targeted Pips* closed profit of $50.75 with new defaults
HeikenGale on Usd/Cad closed profit of $31.51
For the week ending 7/26/14:
Breakout Grid Trader* closed profit of $21.60 with new defaults
HeikenGale on Gbp/Usd closed profit of $150.85
For the week ending 8/2/14:
Targeted Pips* closed profit of $125.14 with new defaults
*Try these and other profitable Forex robots in the SFTH VIP Area.
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