Interesting...

Hey guys,

I have started trading live with a small account now. I was watching some of the trades placed by my Holy Grail EA on the AUDNZD, and I have noticed to 2 occasions that it was trading against what I would have traded with my discretionary trading strategies on the Snap Back. One instance happened today where my EA placed a long position, and I received an alert on my email showing a Sniper Short trade was placed by the live trading floor at K2A. I looked at the setup on AUDNZD on the Snap Back, taking into consideration also the trend of the currency on the daily, 4 hourly and hourly timeframes and also the Pivot strategy and also cyclicity, they were all showing for AUDNZD to go short. I know that the EA is essentially for a ranging market, but I guess we have to take the wins as well as the losses. I watch the AUDNZD more closely now than what I used to, and I have had to close some of the EA trades early to avoid further loss on those trades.

Just some of my thoughts on my early experiences with the Holy Grail.