Risk Management — As far as I have followed this strategy since last week, most of the time, the number of possible combinations vary between 10-15. If someone trades 0.1 lot per pair, that makes 1-1.5 standard lots and considering the current ...

Trading system using relative strength

To select the best individual currencies, something similar to t101's strategy can be integrated into this one. But in t101's thread, if you remember, he said the most secure trades were the ones when positions were opened with all 14 pairs. ...

Trading system using relative strength

I have the same data and considering below strengths as of Friday's close, I believe following currencies will be traded on Sunday night, 15 minutes after the market opens: SELL: EURUSD, AUDUSD, EURGBP, EURNZD, AUDNZD BUY : USDCHF, USDCAD, USDJPY, ...

Trading system using relative strength

If your capital is 350 and your profit is 239, that means there is something wrong with your risk management. Your trade size is probably too risky (too big) relative your initial capital. So I agree with Ronald that this system may be performing ...

Trading system using relative strength

Max DD and importance of SL with this strategy — Opened following positions at Alpari UK (demo) 15 minutes after 4hr bar change: Sell : GBPUSD, AUDUSD, NZDUSD, GBPCHF, AUDCHF, GBPJPY, AUDCAD, AUDJPY, NZDJPY Buy : EURGBP, EURAUD, EURNZD ...

Trading system using relative strength

This chart shows USD weakening, EUR strengthening, GBP weakening and AUD strengthening. Does this mean we'll go long EURUSD, EURGBP, AUDUSD, AUDGBP? I mean can someone confirm if we are going to take longs strengthening vs. weakenings for all pairs? ...

Trading system using relative strength

Fundamentals of others — Do you think fundamentals of EZ countries or England are better than US? If US is in recession, England is struggling with worse economic conditions. Just check out the recent data announcements and compare EU/GB and ...

EURUSD

Hi pips4life, please read the attachment and you'll find answers re. how to use parallel lines (called Warning Lines), in which case you need to slide parallel lines as well as Hagopian's Rule (in case you don't have the same info). Cheers,

Andrews Pitchfork (Median Line)

Harold, no need to apologise and thanks for sharing your strategy. I have started forward testing on Dec 21st, because I haven't seen this thread in November and started to read all posts in mid December and when I finished reading all the posts, I ...

the key to the mint

I just want to make clear that I wasn't either negative or positive on my posts. I said it was just 10 days of forward testing and its performance cannot be judged. I said it was a special time of the year. I said should someone take all the trades ...

the key to the mint

Indicators show something is developing and may indicate the future, not the past.

the key to the mint

I indicated that those 10 days may not be indicative for the future, therefore we cannot judge if this system is profitable or not (without discretion). So, we need longer forward test period and what I do is just announcing the forward test ...

the key to the mint

These numbers show forward test of your system without discretion (if you take all trades mechanically) between Dec 21st and Dec 31st, and it shows the net result if you include spreads. Since you said 30 pips profit target (except GBPJPY) I haven't ...

the key to the mint

Results-dec 21st - DEC31st — I have been following this thread since mid December and I have attached an Excel file showing all trades for 6 currencies Harold is following. Below is the results since Dec 21st excluding spreads: GBPUSD : +90 ...

the key to the mint

Thanks aboutusnow and harold for clarifications.

the key to the mint

Hi Harold, 60 pips loss was from two trades on EURCAD, each with 30 pips stop. Is there a reason why you didn't take those trades and GBPUSD?

the key to the mint

We had 2 consecutive losses on EURCAD at 10:00 GMT and 12:00 GMT short trades, both stopped at -30 pips. So if you are trading all 6 currencies, so far today's results are: GBPUSD : +30 GBPCHF : +30 CADJPY : +30 EURCAD : -60 Total : +30

the key to the mint

How did you manage to get +40 on eur/jpy? The trade direction should be SHORT and EURJPY is going north since 06:00 GMT Close and you shouldn't get any short signal.

the key to the mint

eurcad short @ 1.4319 now

the key to the mint

exited CADJPY Long @ 113.58 +30 pips So far +60 pips today

the key to the mint