Well folks this was another tough week for the auto news trader. We took 3 trades in total and only had 1 winner which was significantly smaller than the biggest loser. This system requires there to be some continuation after the news release comes out and lately that hasnt been the case. Non farm payroll is coming up in the next few weeks so hopefully that will give us another big win. As always if you have any questions dont hesitate to send them my way.
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Looks like we caught several trades this week with auto news trader, unfortunately we didnt get much continuation after the spike so our stops were hit. On a good note I was able to set my lot size manually to .5 like i mentioned in last weeks update and i went over the next few weeks of potential trades. As always if you have any questions dont hesitate to send them my way.
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Looks like we caught another trade this week, unfortunately it was a loss. The big issue this week is that the lot size was much larger than last weeks lot sizes so even though we made more in pips last week than we lost this week we ended up losing money overall. I thought the EA would simply raise the lot size as the overall account balance went up but since thats not the case i plan to set the lot size myself starting next week. Hopefully that will sort things out. As always if you have any questions dont hesitate to send them my way.
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Auto News Trader 2/2/18 Weekly Review . I'm happy to report we took our first 4 trades this week, all of which happened during todays Non Farm Payroll news. We had 1 small 4 pip loser followed by 2 small wins and 1 big win. This system seems to be very particular about the trades it takes which is a good thing but means we shouldnt expect lots of action. Slow and steady wins the race. As always if you have any questions just send them my way and i'll get them answered asap.
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