Posts Tagged forex trading system
The DDFX system is back in action and I'm happy to say that's its been a good week again!
Starting with GBPUSD, a short in the early hours which yield 52 pips. There was a long period of weird non-trending price bars and I closed when it peeked aboved the yellow trailing stop line.
The second trade was also a short, I had my order to short at the break of the low of the first price bar which took a few hours to kick in. The market dwindled for a while before moving downwards and I closed o
September 3, 2011
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After last week I was cautious... trading systems in my experience don't work in all market conditions so when you get a poor trading week you know that the market dynamics could have changed. I'm more cautious when this happens and my way of testing the market is to scale down my trading and hence my choice to trade only the GBPUSD forex pair this week to see if we get a positive result.
Anyway, I'm glad to say that the week was positive, if only just! It gives me a bit more confidence to tr
August 29, 2011
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Following my previous post on Forex systems within Metatrader which repaint, I went on the hunt for systems which specifically mention that they do not repaint. If you want to understand why, then please look at my previous posts.
The biggest advice I can give you when you're using Metatrader systems is to ensure that it is a system that does not repaint. If it does, prepare to lose money no matter how good it looks.. repainting systems are a fraud.
Ok, so after scouring the web for someth
July 16, 2011
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