Thanks for those responses. I was thinking that i want to change brokers, but then i was thinking about what would stop the next broker doing the same. My broker told me that they open a position on the inter-bank system for me. So the swap that ...

How can I carry trade without being at the whim of my broker?

Ok, closed my last position for a tiny loss. Now my account is at 1652.78 with a 15.5% drawdown. Now would be a nice time to win one.

SupaMonkey's Journal

Ok, I can't remember if i read this somewhere, or it is an observation or it is a bit of both. When the rsi goes overbought on a rally, the rally is likely to be sustained until the rsi drops out of the overbought zone. The rsi entering the ...

(binned per thread starter's request) The big... IF

In your last screenshot, did you go short while the rsi was overbought?

(binned per thread starter's request) The big... IF

No! But, that is ok because I will figure it out myself; that is the best way. - and then i will only tell everyone the answers if i get 1,000000 posts and 10 vouchers; otherwise, i will go in a mood and not post anymore

SupaMonkey's Journal

Well Java is probably going to die, but that is getting off of the point. I'm using c++ for work and i could probably already write the program in the mighty fortran, but again this is getting OT. In terms of optimising a system, it would be better ...

SupaMonkey's Journal

Oh, here is a graph showing the current performance of my system. It seems that it hasn't done anything strange yet and it is telling me to short on Monday's open, which is nice because the eur has just broken the previous low. image Anyone want ...

SupaMonkey's Journal

If i use your first suggestion then i will be deviating from my system (Jack Larkin's thread gives a lot of good advice in this area). I back tested my system with imaginary money and that is how i chose my current leverage. I could scale the ...

SupaMonkey's Journal

Well, you are not losing so you are halfway to winning. Just have patience.

(binned per thread starter's request) The big... IF

Ok, I got walloped again on this eur/usd trade. This time i was long and i had two large moves against me and today i closed (i knew i was going to close so i even got up at 6am to do it). Keeping confidence in the back tested system is starting to ...

SupaMonkey's Journal

Well Friday's move gave me a wallop. That 200 pip move was enough to cause both the long and slow term systems to align and tell me to go long today even though the price retraced yesterday. In the end i only lost 60 pips, but i learnt something. I ...

SupaMonkey's Journal

After a week of sitting on my hands, the longer term and shorter term systems have finally aligned and point short. Unfortunately, i didn't get in as soon as the market opened and i missed 30 pips, very professional eh! Short @ 1.2524, currently ...

SupaMonkey's Journal

Well done, nice win. Here is an interesting quote (it comes from poker, but it applies here): Don't try to get even, you are always even.

(binned per thread starter's request) The big... IF

Closed my position. Now the much quicker LinRegSq system is telling me to go long whereas the slower DPO system is still telling me to short, so i am standing aside. The last trade lost me 105gbp which represents a drawdown of just over 5%. My ...

SupaMonkey's Journal

Ok, both the DPO and the LinRegSq systems are telling me to short the eur/usd. I don't feel too badly about shorting this at the moment because of Monday's large shadow above the main body of the candle. I guess the hardest part of trading a system ...

SupaMonkey's Journal

Glad I covered my short yesterday

SupaMonkey's Journal

Lol. Yea ok, i wrote that after a glass of wine. My bad.

(binned per thread starter's request) The big... IF