Latest Developments On New Platform

This is a semi-formal acknowledgement of Apiary’s potentially new trading and analysis software!

I hesitate to even raise the awareness of the new trading platform that Apiary has been working on because of the stirring of anxiety it spawns among the hive (hence the pensive and non-committal blog post header above!) But it’s true. There is a new trading and analytics platform being built at this very moment. Having spent years analyzing the stock market, I have learned some important lessons related to the announcement and corresponding release of new technology that I thought I ought to share with the hive to help us manage the expectations, release and implementation of Apiary’s new software platform.

1. It is a software program, but it has no name… and we need to give it a name before we release it. This is your call to get your creative juices flowing! We want a name that invokes awesomeness, so in the spirit of crowd-sourced intelligence that is one of our core philosophies at the Apiary Fund, we ask you, please share your ideas with us at the form below:

https://apiaryfund.com/form/name-our-new-trading-platform

2. We have been working on the project for many months and we will continue to work on it with unyielding focus until it meets a set of pre-determined standards that our team has put in place. In the same way we do not force a trade before its time, we will not force a release of the software before it meets our standards. In other words, the standards dictate the release date – not a date on the calendar. If you have learned anything from Apiary related to when we place trades, you can understand this concept. We wait for the trade to come to us. Likewise, we will exercise patience and wait for the software to come to us – when it’s ready and when it has the best chance of hitting our performance goals.

Our hope would be to release the first stage of the software mid third quarter.

3. We will scale into the release of the software. It’s another trading analogy. In the same way we scale into a trade setup by applying small amounts of our overall position, we will scale into the software in following stages:

a. Stage 1. Analysis functionality
b. Stage 2. Paper trading functionality
c. Stage 3. Live account functionality

Depending on the feedback we receive from you and the overall experience of each stage in the staged rollout, the rollout may be fast or slow.

Our hope would be no more than a month or two between stages.

4. Expect a bug or two. Inevitably, when we release the software there will be some bugs. And despite all the time we put into testing it, I am as certain that we will release it with bugs as I am certain that I will take a loss on at least one of my trades on Thursday morning! Sad but true fact. For this reason, the success of the software will depend on your feedback. In trading some of the best lessons are learned on the fly… With the software we will also learn on the fly and make adjustments quickly!

5. Finally, we want to keep our superstar technology team motivated with positive chatter. The project is huge. The hours are overwhelming. The complexity is unimaginable. The requests are unrelenting. Many of us might cave to the pressure of such an enormous project, but not our team! They are incredible. As I have worked with them, I have experienced a group of people that are talented, motivated and engaged. Even with that, they say the last 20% of a project is the hardest, and we are in those final hours! So if you could join me in offering some words of encouragement and motivation, please share your thoughts in the comment field below:

https://apiaryfund.com/form/give-our-developers-encouraging-word

I cannot express how excited we are in anticipation of the new platform. It is an exciting and promising development for our little company. We have bucked the odds at every turn of our existence and to think that a little David of a company is able to whip a Goliath of a project gives us great hope in our future! You’re going to love what we’ve built and we can’t wait to show you… but only at the right time and in the right way! Stay tuned!

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Fourth Trade of The Week

Fourth trade of the week (Feb 2nd, 2014 – Feb 7th, 2014)

Cycle 5 setup on demo account.

GBPAUD demo trade

Price entry: 1.85832 (Feb 3rd, 2014 16.29pm dealing desk time)

S/L: 1.85462

Target: 1 Range at 1.86202

Placed order on real account

GBPAUD real trade

Price entry: 1.85785 (Feb 3rd, 2014 16.30pm dealing desk time)

S/L: 1.85462

Target: 1ATR at 1.85983 and 1 range 1.86155

Result:

 GBPAUD 1Range trade

Closed part at 1 ATR (Feb 3rd, 2014, 17.04pm) & 1 range (Feb 3rd, 2014 18.51pm dealing desk time): 11 pips & 37 pips

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Last Trade of The Week

Trade of the week (Jan 26th, 2014 – Jan 31st, 2014)

Cycle 5 setup on demo account.

USDCHF demo trade

 

Price entry: 0.89975 (Jan 30th, 2014 10.02am dealing desk time)

S/L: 0.89655

Target: 1 Range at 0.90295

 

 

Placed order on real account

USDCHF real trade

 

Price entry: 0.89968 (Jan 30th, 2014 10.04am dealing desk time)

S/L: 0.89655

Target: 1ATR at 0.90049 and 1 range 0.90288

 

 

Result:

USDCHF 1Range trade

 

Closed part at 1 ATR (Jan 30th, 2014, 12.40pm) & 1 range (Jan 30th, 2014 16.02pm dealing desk time): 8 pips & 32 pips

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Seventh Trade of The Week

Seventh trade of the week (Jan 26th, 2014 – Jan 31st, 2014)

Cycle 5 setup on demo account.

USDCAD demo trade

 

Price entry: 1.11387 (Jan 29th, 2014 11.22am dealing desk time)

S/L: 1.11707

Target: 1 Range at 1.11067

 

 

Placed trade on real account

USDCAD real trade

 

Price entry: 1.11427 (Jan 29th, 2014 11.23am dealing desk time)

S/L: 1.11707

Target: 1ATR at 1.11304 and 1 range 1.11107

 

 

Result:

USDCAD 1Range Trade

 

Closed part at 1 ATR (Jan 29th, 2014, 13.45pm) & 1 range (Jan 29th, 2014 13.49am dealing desk time): 12 pips & 32 pips

 

 

 

 

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Fourth Trade of The Week

Fourth trade of the week (Jan 26th, 2014 – Jan 31st, 2014)

Cycle 5 setup on demo account.

EURUSD demo trade

 

Price entry: 1.36740 (Jan 27th, 2014 10.43am dealing desk time)

S/L: 1.37060

Target: 1 Range at 1.36420

 

 

Placed trade on real account

EURUSD Real trade

 

Price entry: 1.36773 (Jan 27th, 2014 10.44am dealing desk time)

S/L: 1.37060

Target: 1ATR at 1.36687 and 1 range 1.36453

 

 

Result:

EURUSD trade result

 

 

 

Closed part at 1 ATR (Jan 27th, 2014, 12.04pm) & 1 range (Jan 28th, 2014 10.04am dealing desk time): 9 pips & 32 pips

 

 

 

 

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Fifth Trade of The Week

Fifth trade of the week (Jan 12th, 2014 – Jan 17th, 2014)

Cycle 5 setup on demo account.

gbpjpy demo trade

 

Price entry: 170.595 (Jan 17th, 2014 09.25am dealing desk time)

S/L: 170.255

Target: 1 Range at 170.935

 

 

Placed order on real account

gbpjpy real trade

 

Price entry: 170.546 (Jan 17th, 2014 09.26am dealing desk time)

S/L: 170.206

Target: 1ATR at 170.709 and 1 range 170.886

 

 

Result:

gbpjpy trade result

Closed part at 1 ATR (Jan 17th, 2014, 09.30am) & 1 range (09.30am dealing desk time): 10 pips & 32 pips

 

 

 

 

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Fifth Trade of The Week

Fifth trade of the week (Jan 5th, 2014 – Jan 10th, 2014)

Cycle 5 setup on demo account.

Trade demo1

Price entry: 1.36057 (Jan 8th, 2014 00.16am dealing desk time)

S/L: 1.36377

Target: 1 Range at 1.35737

 

 

Placed order on real account

EURUSD trade real

Price entry: 1.36069 (Jan 8th, 2014 00.18am dealing desk time)

S/L: 1.36377

Target: 1ATR at 1.35985 and 1 range 1.35749

 

 

Result:

EURUSD trade result

Closed part at 1 ATR (Jan 8th, 2014, 09:35am) & 1 range (13:15pm dealing desk time): 8 pips & 32 pips

 

 

 

 

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Third Trade of The Week

Third Trade of The Week (Jan 5th, 2014 – Jan 10th, 2014)

Cycle 5 setup on demo account.

USDCHF Demo1 Price entry: 0.90650 (Jan 7th, 2014 06.21am dealing desk time)

S/L: 0.90330

Target: 1 Range at 0.90970

 

 

Placed trade on real account

USDCHF Real1

Price entry: 0.90632 (Jan 7th, 2014 06.22am dealing desk time)

S/L: 0.90330

Target: 1ATR at 0.90717and 1 range 0.90952

 

 

Result:

USDCHF 1 Range1

Closed part at 1 ATR (Jan 7th, 2014, 09:27am) & 1 range (15:08pm dealing desk time): 9 pips & 32 pips

 

 

 

 

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Holiday Hibernation

The Hive will close for the Christmas holiday on Dec 24, 2013 –  Dec 25, 2013
Have a wonderful safe holiday.

christmas-blog

 

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Trade Setup of The Week (Dec 15th, 2013 – Dec 20th, 2013)

Cycle 5 setup on demo account.

GBPUSD demo1

 

Price entry: 1.62982 (Dec 17th, 2013 09.30am dealing desk time)

S/L: 1.63302

Target: 1 Range at 1.62662

 

 

Placed trade on real account

GBPUSD real1

Price entry: 1.63010 (Dec 17th, 2013 09.32am dealing desk time)

S/L: 1.63302

Target: 1ATR at 1.62878 and 1 range 1.62690

 

 

Result:

GBPUSD result1

Closed part at 1 ATR (Dec 17th, 2013, 11:36am) & 1 range (11:58am dealing desk time): 13 pips & 32 pips

 

 

 

 

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