Hello, if you’re new, read about my mission, strategy and risk management here. Otherwise, let’s crack on with the data 👇
⌚ 1 minute summary
Nearly nothing happened last week for the DOW 🤷♀️
Which means 2 things:
I didn’t take any manual trades due to the lack of setups
the bot did real bad due to the ranging price 😱
Manual trading: 0R / 0%
Semi-automated (EA/bot): -6Rs / -3.6%
Details in the trading tracker 👇
🤼♀️ Execution VS Strategy
Semi-automated trading (EA/bot - 15m chart)
Pure carnage on Thurs and Fri for the bot! This is normal for it in a sideway market, nonetheless it’s painful to watch.
Live manual trading (simple 1:1RR strategy)
Literally zero setups so another week off the market. I suspect next week something will move and fast: Powell is speaking then Fri it’s NFP, volatility heaven.
Forward-testing (Supply & Demand / higher timeframes)
Even less setups here.
Now to the weekly reflection 👇
📆 Weekly reflection
Before I update the bot I shall try once again to spot patterns that can help avoid the ranges.
The process is quite time-consuming and I’ve done it twice already.
It was quite hard to find a way around ranges, plus my tests showed that in the long run it didn’t make much of a difference… but as I like to say, always try one more time!
That’s a wrap for now, have a great week.