W5: Tuesday

AUD/USD: +
EUR/USD: +
GBP/USD: +-+

USD/CAD: +
USD/CHF: +
USD/JPY:

Some vindication is granted for yesterday's big hurt. The QRF system was only able to claim a single profit target, but almost all the stops were adjusted so they became profitable enough to dig us halfway out of yesterday's hole, gaining $153.69.

Week 5: Monday

Setup: Once again, I begin the week by resetting my demo account to $5,000 USD, with a leverage of 20:1. For this week, the profit-loss ratio will be 2.5:1. Stop loss remains at 30 pips. Take profit is 75. I'll be trading each of the Big Six at roughly $15,000 lots.

AUD/USD: -
EUR/USD: -
GBP/USD: -

USD/CAD: -
USD/CHF: -
USD/JPY: --

I entered twelve total trades, with seven of them stopping out before today was over, leaving a hole worth $267.05 in my investment capital. Five trades carried over to Tuesday.

Week 4: Summary

This week, I traded at a 2:1 profit-loss ratio. It made quite a difference.

AUD/USD: +-+-
EUR/USD: ++-
GBP/USD: --++

USD/CAD: +-+-
USD/CHF: ++-
USD/JPY: ++-+

I made about the same number of trades as last week. This week, however, I was expecting such a low (compared to the first couple of weeks) number. The QRF finishes Week 4 with a profit of $500.92. Instead of a drawdown, we walk away with a 10% return on investment. I'll take it!

Not bad from a system that doesn't worry about entry and exit signals and relies on more or less random buy and sell decisions. The longer I study things out, the more convinced I become that smart money management is the key to successful trading. Not a certain combination of indicators or a certain method of entry or exit.

W4: Thursday

AUD/USD: -
EUR/USD: -
GBP/USD: ++

USD/CAD: +-
USD/CHF: -
USD/JPY: -+

I only initiated five trades for Thursday, but I also closed several from the day before, gaining $227.27 on my final day of Week 4, thus exiting the first profitable week of the QRF experiment.

W4: Wednesday

AUD/USD: +
EUR/USD: +
GBP/USD:

USD/CAD: -
USD/CHF: +
USD/JPY: +

After two days in trade, the Eurodollar finally retraced enough to stop short of a full take profit. I'll take the modified stop amount over a loss any day, though. Once again, I only made six trades. This is shaping up to be my quietest week yet, which is fine by me. I prefer keeping the activity down to a handful of profitable trades, rather than making a dozen trades a day that lose more money than they make.

The QRF system finished out Wednesday with a gain of $99.79, for a total ongoing profit of $273.65 for this week.

W4: Tuesday

AUD/USD: +-
EUR/USD:
GBP/USD: -

USD/CAD: +
USD/CHF: +
USD/JPY:

I'm either trudging through another slow week, or the change in PLR is having slightly bigger impact on my trading activity than I though it would. I only initiated six trades today; four of them are still open, including Monday's EUR/USD position, which happens to be my strongest trade going into Wednesday.

I will say, though: if I'm trudging, I'm doing it profitably. I've gained $123.26 making the total profit for this week $173.86. I like it!

W4: Monday

Welcome to Week 4 in my QRF experiment. This week, I'm trading at a profit-loss ratio of 2:1, with a 30 pip stop loss and a 60 pip take profit. This is the first week I originally expected to end profitably. Also, because our ratio is getting taller, I can expect to make less trades, and I can expect my positions to stay open longer.

AUD/USD:
EUR/USD:
GBP/USD: -

USD/CAD:
USD/CHF:
USD/JPY: +

Like most weeks, week 4 was off to a slow start. Only two trades closed today, the rest are being carried. Unlike most weeks, we started this Monday off with a PROFIT!

Realized Profit: $50.60, making this the first Monday that the QRF system closed with a profit instead of a loss. The system is, once again, matching my expectations.

Week 3: Summary

AUD/USD: ---
EUR/USD: --+
GBP/USD: ++--+

USD/CAD: -+-
USD/CHF: ++++
USD/JPY: +---

It seemed like a very slow week. I noticed lots of meandering and consolidation. Truthfully, though, there was a great opportunity for massive profiteering as the Yen flexed its muscles. I had already gotten stopped out of some preliminary trades witht the Jappy, though, and my rules kept me from trading it for the rest of the week.

When I began this experiment, I expected Weeks 4 or 5 to turn out the profits. The last two weeks gave me some hope that the QRF system might turn an early profit starting this week. While it did have some profitable days, we're still coming out of this week with $4911.90 USD, a drawdown of 1.76%.

I originally expected this week to break even, and this result is just about on par with that. I didn't get the number of trades I was expecting, though, so I can't help but feeling I might not be getting the whole story for this week.