FAPT Takes A Step Back

July 14, 2009

4 FAP Turbo trades for a loss of -130.7 pips (-£245.91). Click image below.

FAP Turbo (v47 build 224) Trades for 13th July 09

Above you’ll see 5 trades. The odd one out is the EURUSD which was a Forex AutoPilot trade (FAP). It’s a different EA to Fap Turbo that I’m forward testing for a while.

I don’t really know what happened this Mondays session but we didn’t have one winning trade. This suggests to me that the markets were behaving a little differently to normal.

MegaDroid attempted to put a trade on multiple times but my account by this stage had reached its capped limit of 2 tradable lots and each time the trade was blocked. Shame cause that would have been a nice trade in hindsight.

For those of you who are new to Forex and trading in general, you need to be aware that we have days like this and it’s not time to panic. Suck it up and move on. These losses seen this session should be made up for within a few weeks (realistic view) – hopefully sooner (optimistic view).

Hopefully the rest of the week should pick up.

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2 Responses to “FAPT Takes A Step Back”

  1. Try changing your GMT offset of EURGBP and EURCHF to 0, i.e. 2hrs earlier. The results are astounding… Try backtesting with GMT offset 0 for the past 3 months and u’ll get wat i mean.

  2. CL, thanks for the tip.

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