Which currency pairs are you trading with Grid King?
- Thread starter Time Trader
- Start date
Queen ofx Hearts
Forex College Student
Cool, would love to hear what you come up with
Are all your EAs out right now, or just Grid King?
whisquer
Forex Magician
Completely sitting on the sidelines, no open tradesCool, would love to hear what you come up with
Are all your EAs out right now, or just Grid King?
Queen ofx Hearts
Forex College Student
Safe, prudent, disciplinedCompletely sitting on the sidelines, no open trades
My kind of man
whisquer
Forex Magician
I've decided to drop AUDUSD and NZDCAD from my traded GK pairs for now. Am still sitting on the sidelines until the market stabilizes.
whisquer
Forex Magician
I've just restarted my engines on GK back on live, but at reduced risk, until at least Trump's legal arguments see a final conclusion, or are otherwise exhausted. At which point, when the markets have reacted (or not), I'll going back to my normal (former) risk levels.
Wishing all of you happy but cautious trading and lots of green pips anyway
whisquer
Wishing all of you happy but cautious trading and lots of green pips anyway
whisquer
whisquer
Forex Magician
And these, my dear fellow GKers, are the critical dates:
"The Interregnum comprises 79 days, carefully bounded by law. Among them are “the first Monday after the second Wednesday in December,” this year December 14, when the electors meet in all 50 states and the District of Columbia to cast their ballots for president; “the 3rd day of January,” when the newly elected Congress is seated; and “the sixth day of January,” when the House and Senate meet jointly for a formal count of the electoral vote."
Source: [ClickMe] - and these guys certainly called it alright.
"The Interregnum comprises 79 days, carefully bounded by law. Among them are “the first Monday after the second Wednesday in December,” this year December 14, when the electors meet in all 50 states and the District of Columbia to cast their ballots for president; “the 3rd day of January,” when the newly elected Congress is seated; and “the sixth day of January,” when the House and Senate meet jointly for a formal count of the electoral vote."
Source: [ClickMe] - and these guys certainly called it alright.
Queen ofx Hearts
Forex College Student
whisquer
Forex Magician
Hey @Queen ofx Hearts , I'm still testing like crazy. Hopefully I'll be able to update as we go into the new week!
Brickwall
Ready for Forex Prom!
Cool
!!
whisquer
Forex Magician
OK so here are the results of my studies (not financial advice, it's worth as much as you've actually paid me for it lol):
* My 'always on' available pairs: EURCAD; EURUSD; USDCAD; USDJPY; but because of the fear, uncertainty and doubt sowed by the challenge to the U.S. presidency, and many of my pairs carry the USD element, I've gone on 'reduced risk'. For me this meant halving my risks profile (or thereabouts) for now. But I will resume full steam probably post Jan 20th when something concrete happens
* During the past weekend, and the downtime afforded by the U.S. presidential elections, I went on identifying an additional second layer of pairs to possibly include in my portfolio. After running a barrage of tests, including tweaking settings and all (not optimizing, but simple things, like just turning AutolotSize On/Off, Rolloverfilter On/Off etc.) - I'm gravitating towards including the following (possibly on reduced risk):
- EURCHF - Autolot Size Off, Rollover Filter Enabled
- CADCHF - Autolot Size Off, Rollover Filter Disabled
- AUDUSD - Autolot Size Off, Rollover Filter Enabled
- NZDCAD - Autolot Size Off, Rollover Filter Disabled
- GBPAUD - Autolot Size Off, Rollover Filter Disabled
Some of you might be thinking - why should the AutolotSize setting matter - if I'm just picking a drop-down from the GK "Running Mode - % Risk" option. As we say in these parts, "By right it shouldn't matter, but by left ...."??? And when you do the tests, you might actually see the difference like I did, minor as they are. A Wim special, possibly!
Now, extending the risk of pairs will definitely increase your likelihood of hitting a hedge; and other traders that I respect have opined that this is not something that they (or I) enjoy or would like to go through again:
I think that I might 'dip my toes' with these pairs with very low risk and see if I can gain comfort around them. For instance, anything with GBP I still take a cautious approach for now. I know that others have said that some of these pairs may not work for them; so I'd like to do a face-off on your backtest results and mine and hopefully we can see why you feel the way you do, and perhaps why I feel the way I do; and we can make decisions from there! Meanwhile, I'm continuing my research and studies through options such as playing with the 'Set Reverse Grid Starting At Trade X' options.
I would value the inputs, feedback and observations of all community members.
* My 'always on' available pairs: EURCAD; EURUSD; USDCAD; USDJPY; but because of the fear, uncertainty and doubt sowed by the challenge to the U.S. presidency, and many of my pairs carry the USD element, I've gone on 'reduced risk'. For me this meant halving my risks profile (or thereabouts) for now. But I will resume full steam probably post Jan 20th when something concrete happens
* During the past weekend, and the downtime afforded by the U.S. presidential elections, I went on identifying an additional second layer of pairs to possibly include in my portfolio. After running a barrage of tests, including tweaking settings and all (not optimizing, but simple things, like just turning AutolotSize On/Off, Rolloverfilter On/Off etc.) - I'm gravitating towards including the following (possibly on reduced risk):
- EURCHF - Autolot Size Off, Rollover Filter Enabled
- CADCHF - Autolot Size Off, Rollover Filter Disabled
- AUDUSD - Autolot Size Off, Rollover Filter Enabled
- NZDCAD - Autolot Size Off, Rollover Filter Disabled
- GBPAUD - Autolot Size Off, Rollover Filter Disabled
Some of you might be thinking - why should the AutolotSize setting matter - if I'm just picking a drop-down from the GK "Running Mode - % Risk" option. As we say in these parts, "By right it shouldn't matter, but by left ...."??? And when you do the tests, you might actually see the difference like I did, minor as they are. A Wim special, possibly!
Now, extending the risk of pairs will definitely increase your likelihood of hitting a hedge; and other traders that I respect have opined that this is not something that they (or I) enjoy or would like to go through again:
I think that I might 'dip my toes' with these pairs with very low risk and see if I can gain comfort around them. For instance, anything with GBP I still take a cautious approach for now. I know that others have said that some of these pairs may not work for them; so I'd like to do a face-off on your backtest results and mine and hopefully we can see why you feel the way you do, and perhaps why I feel the way I do; and we can make decisions from there! Meanwhile, I'm continuing my research and studies through options such as playing with the 'Set Reverse Grid Starting At Trade X' options.
I would value the inputs, feedback and observations of all community members.
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Queen ofx Hearts
Forex College Student
whisquer
Forex Magician
Best of pips! I have revised my earlier thinking on this: I won't wait until Jan 20th to go full steam; but rather, will reconsider going back full steam either on December 8th or December 14th; based on the timelines listed out in this article here:Will give the list a good look, see where I am with it, thanks for sharing @whisquer
Here's when the results of the 2020 election will be finalized
While NBC News projects Joe Biden will defeat incumbent Donald Trump, the results of the presidential election won't be finalized until January.
whisquer
Forex Magician
Happy New Year Teamies!
It's a new year, and for me, brings in a new PoV on GK. Since mid-December, when I had shut down my GK instances in anticipation of the forthcoming holidays, I've worked my PC non-stop 24/7 in 6-terminals testing for almost a month now testing away at all manner of things. I hope you have been similarly doing the same hard work at your end and putting the hours at your end, rather than purely sitting back and wondering if that stomach could hold a full turkey! I've made some nice discoveries with like-minded people who have been working similarly as hard with me in the background. When I think back, all that hard work was completely worth it.
As a result of which, having invested all this time, labour and judgment, I'll be seeing the New Year in with a revised set of pairs and different variables - and of course, I have started my trading year. In the spirit of openness, I'll come right out and say it, I'm not going to be naming those pairs out here, nor would I want to encourage the leech mentality (if you've been reading my posts you'll know I am perturbed by pure free-loaders who don't want to do the work and just want to bug me for stuff). So if you guys would like to privately exchange with me the work you've done, share with me your research and actual work done to get where you are today, and help me understand why your testing took a certain direction and the basis for that, I think we could truly mutually learn from each other in the spirit of equal exchage. In that way, I can be assured that you are a similarly keen student, willing to put in the hours and computing time, and that's all I ask. There is nothing I want more this year from a forex perspective than to work with like-minded individuals or groups in the pursuit of forex excellence
Good luck, please trade safe, stay safe, and of course, be happy! I look forward to championing your success in the year ahead.
whisquer
It's a new year, and for me, brings in a new PoV on GK. Since mid-December, when I had shut down my GK instances in anticipation of the forthcoming holidays, I've worked my PC non-stop 24/7 in 6-terminals testing for almost a month now testing away at all manner of things. I hope you have been similarly doing the same hard work at your end and putting the hours at your end, rather than purely sitting back and wondering if that stomach could hold a full turkey! I've made some nice discoveries with like-minded people who have been working similarly as hard with me in the background. When I think back, all that hard work was completely worth it.
As a result of which, having invested all this time, labour and judgment, I'll be seeing the New Year in with a revised set of pairs and different variables - and of course, I have started my trading year. In the spirit of openness, I'll come right out and say it, I'm not going to be naming those pairs out here, nor would I want to encourage the leech mentality (if you've been reading my posts you'll know I am perturbed by pure free-loaders who don't want to do the work and just want to bug me for stuff). So if you guys would like to privately exchange with me the work you've done, share with me your research and actual work done to get where you are today, and help me understand why your testing took a certain direction and the basis for that, I think we could truly mutually learn from each other in the spirit of equal exchage. In that way, I can be assured that you are a similarly keen student, willing to put in the hours and computing time, and that's all I ask. There is nothing I want more this year from a forex perspective than to work with like-minded individuals or groups in the pursuit of forex excellence
Good luck, please trade safe, stay safe, and of course, be happy! I look forward to championing your success in the year ahead.
whisquer
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Fred
Forex High School Teen
A bit of a passive aggressive start of the year
...but OK, to each his own I am waiting a bit till things in the us/uk/brexit are settled before firing up GK again
whisquer
Forex Magician
A bit of a passive aggressive start of the year
I am waiting a bit till things in the us/uk/brexit are settled before firing up GK again
To each his own. My GBP based pairs are similarly taking a breather till I see how the GBP is going. Could be months away for me
C
Carol
Guest
I started with EURUSD, AUDUSD, and GBPUSD.
Why?
They've performed well for me in the last years
Why?
They've performed well for me in the last years