Disliked{quote} Hi Lemming, Thanks for the EA, I am looking ahead of reading feedbacks on how it performs. I wanted a bit comment on what you read and about your thoughts about the book G suggested to read. First of all, you said you read the turtle traders. Well the program was definitely very successful and I guess I will read it too. It has to be an interesting read. On the other side, an experienced trader friend of mine told me our last trade shows how good we are. You can accept this or argue with it but you should check how the great turtle trader...Ignored
I've not read it completely... what i've read is trend following, covel's first book. Well i think such an approach requires years to show up on its real value given the number of operations taken.
I do agree with G, knowing what cbanks do is essential for trading as we consider it. The point in that book is that you should trade all TRENDING markets, but of course a selection is at least useful.
I'm testing a different approach, mostly because i can see charts for a brief period just in the morning and the evening. Requires big risks taken but i tested it on eurusd trying to remember what central banks have done in the past and gave me soemthing like 7% yearly compounded. So started with 10k in 2000 and got 25k after 15 years.
Please tell me if i didn't answer completely.
L