These are the results of my Forex Trading strategy so far, both backtesting and forwardtesting.
I am using a 1:2 RR and looking for reversals.
But yet unable to pass the 1st phase of a prop firm challenge.
Max DD is 8% and I am 7.08% negative.
#forextrading #smartproptrader
Monday execution, realized i did not properly analyze NY swing so took my exit on first TP @ 19 pips #backtesting #forwardtesting #ict
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For those who trade us100 , this looks bearish for today
Here is daily, H1 and m5
A possible 5R trade
#Papertrading
#Tapereading
#Backtesting
#Forwardtesting
#TwP
#forwardtesting
Training the eye to look for the Algo
- Price reached up to the Hourly Bearish Order Block
- Took out the session high just before it.
- Displacement to the downside and Break of Structure on 5 min Time frame.
- Fair Value Gap in the Displacement (in the Bearish