Mr Smith
Thanks for your reply.
I didn't just ask about back testing. I asked you if this method of trading has a discernible edge with a proven, positive, expectancy and if you use asymmetric leverage (as you said only 1/4 risk on this trade).
You referenced my previous posts in this thread as "BS, whining and blablabla" but I assure you it is not my intention to go against the grain. Only to do the necessary research and development for my trading business.
This diligent way of approaching things has stood me in good stead so far in my life from a financial perspective.
I look forward to your real time journal.
regards
FXP
Thanks for your reply.
I didn't just ask about back testing. I asked you if this method of trading has a discernible edge with a proven, positive, expectancy and if you use asymmetric leverage (as you said only 1/4 risk on this trade).
You referenced my previous posts in this thread as "BS, whining and blablabla" but I assure you it is not my intention to go against the grain. Only to do the necessary research and development for my trading business.
This diligent way of approaching things has stood me in good stead so far in my life from a financial perspective.
I look forward to your real time journal.
regards
FXP
DislikedI haven't back tested, it only broke by 13 pips, so it's debatable whether it truly failed or not, I mainly only do this in these occasions where it's easily conceivable that we get some pull back from all this usa strength, nothing goes one direction forever without retraces, so it's more a discretion thing, something I'm personally no good at back testing, if one looks at weekly, there is clear arguement that it's just to bullish, closed above etc, so I wouldn't recommend anyone taking this trade. I think I'll start a journal to show how I use j16 material in my trading as to not clutter this thread with ideas like this. I'll post a link here soon, when I get it up and running for anyone interested.Ignored