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Z12 trade #427045
08/01/13 13:18
08/01/13 13:18
Joined: May 2013
Posts: 627
Bonn
Sundance Offline OP
User
Sundance  Offline OP
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Joined: May 2013
Posts: 627
Bonn
Wow. Z12 did open a long trade on AUDUSD.
Since the beginning of april AUDUSD is in a downtrend. I can't see any priceaction which explains a buy. Really interesting...
Z12 seems to think that something indicates the end of the downtrend...

Re: Z12 trade [Re: Sundance] #427048
08/01/13 13:33
08/01/13 13:33
Joined: May 2013
Posts: 245
S
swingtraderkk Offline
Member
swingtraderkk  Offline
Member
S

Joined: May 2013
Posts: 245
or a mean reversion / correction in the downtrend?

what algo did it?
it is likely to be a z2 algo counter trend similar to the High pass in workshop 5. BB from z2 sounds suspiciously like bollinger bands, they'll have been giving plenty of buy signals in that downtrend I'll bet!!

Re: Z12 trade [Re: swingtraderkk] #427061
08/01/13 15:20
08/01/13 15:20
Joined: May 2013
Posts: 627
Bonn
Sundance Offline OP
User
Sundance  Offline OP
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Joined: May 2013
Posts: 627
Bonn
Could be. Nice thoughts. Will see where it ends. Looks like countertrend but the price was going very far into the wrong direction. I really wanted to know where the take profit of that trade is!

Re: Z12 trade [Re: Sundance] #427070
08/01/13 16:40
08/01/13 16:40
Joined: May 2013
Posts: 627
Bonn
Sundance Offline OP
User
Sundance  Offline OP
User

Joined: May 2013
Posts: 627
Bonn
Trade hit its StopLoss by 51pips. Can't all be winners. Till now only bad trades since re-starting Z12 on the FXCM account. Time will tell...

Re: Z12 trade [Re: Sundance] #427076
08/01/13 18:26
08/01/13 18:26

A
acidburn
Unregistered
acidburn
Unregistered
A



Originally Posted By: Sundance
Trade hit its StopLoss by 51pips. Can't all be winners. Till now only bad trades since re-starting Z12 on the FXCM account. Time will tell...


Checkout Z12 on my demo. Over €1400 in profit right now! Of 9 open trades, 8 winning, only one losing. Unrealized profit, of course. We'll see what happens. Many trades have been open days ago, so your recently started Z12 is unfortunately too young to have them.

When it's this deep in profit, makes one wonder, why oh why it's not a REAL account? wink And the other question, if it was a real account, would I close all trades RIGHT NOW. grin

I suppose, bad habit of biting nails could actually be useful for traders. grin

Re: Z12 trade [Re: ] #427079
08/01/13 19:19
08/01/13 19:19
Joined: May 2013
Posts: 627
Bonn
Sundance Offline OP
User
Sundance  Offline OP
User

Joined: May 2013
Posts: 627
Bonn
I agree. It is essential when to start Z12. I've started a second account it it took one trade in the opposite direction. So i think in the long run Z12 will do it right. What else. Beach is waiting....
As we said earlier. Lets wait till December. Then we will go live the big way :-)

Re: Z12 trade [Re: Sundance] #427080
08/01/13 19:24
08/01/13 19:24

A
acidburn
Unregistered
acidburn
Unregistered
A



Originally Posted By: Sundance
I agree. It is essential when to start Z12. I've started a second account it it took one trade in the opposite direction. So i think in the long run Z12 will do it right. What else. Beach is waiting....
As we said earlier. Lets wait till December. Then we will go live the big way :-)


If that means that we'll be on the beach in January, then I'll start looking for the beaches on the *southern* hemisphere. grin

Re: Z12 trade [Re: ] #427081
08/01/13 19:27
08/01/13 19:27
Joined: May 2013
Posts: 627
Bonn
Sundance Offline OP
User
Sundance  Offline OP
User

Joined: May 2013
Posts: 627
Bonn
Oh. You are right. Haven't thought about the climate in January. Next beach from Bonn is in Netherlands. Bbbrrrr. Better go south. Yepp.

Re: Z12 trade [Re: Sundance] #427102
08/02/13 09:05
08/02/13 09:05
Joined: May 2013
Posts: 627
Bonn
Sundance Offline OP
User
Sundance  Offline OP
User

Joined: May 2013
Posts: 627
Bonn
Now i see something i can't understand.

Z12 did took two BUY USDCHF today. The current price is around 0.938$ .
The trades hav a SL of ~0.424. Till today i expected this should be some emergency SL if Zorro lost the control over the trades. A SL of 0.424$ doesn't make any sense. This is so far away from the current price. When dropping to this SL i think its to late ...
Has this SL a deeper meaning?

Re: Z12 trade [Re: Sundance] #427103
08/02/13 09:24
08/02/13 09:24
Joined: Jul 2000
Posts: 27,982
Frankfurt
jcl Offline

Chief Engineer
jcl  Offline

Chief Engineer

Joined: Jul 2000
Posts: 27,982
Frankfurt
I can not confirm that Z12 bought USDCHF today. I only see a USDCHF sell today from Z12, and with a normal stop.

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