Posts Tagged trading system
Another very satisfactory week for the DDFX trading system. However, I am aware that I may not be always consistent on my entries and/or exits. I think some of this comes from gut feeling after watching the markets for many years.
Anyway, here are my thoughts and analysis as I traded the GBPUSD (cable) using the DDFX Forex system using the 1 hour charts.
My first trade was when the price action broke the low of the first red candle. I was aware that there was only one arrow even though t
August 11, 2011
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Hi All,
I can confirm that the DDFX trading system has not yet repainted which I am happy about.
Well, I traded EURJPY as it gave a long signal but overnight, there was a horrid dropped which took out my stop and almost immediately resume the upward trend. I took a 40 pip loss which isn't nice. The stop is at just below the signal bar which is where I entered. It's a bit unfortunate as the market is clearly moving upwards and sometimes freak movements like this do happen. I don't blame the D
July 19, 2011
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I mentioned that I would follow the DDFX trading system which works as an Expert Advisor in the Metatrader 4 trading platforms and provide a review on it as it is tested. On Friday there was a short entry with the arrows lining up and also 3 red trend bars (the last one is a sentiment bar and doesn't need to be taken).
Let's see how this pans out. I'll be taking the trades as I see them and keeping you updated.
July 17, 2011
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