Forex Factory (
-   Trading Discussion (
-   -   I need a mechanical system like the turtles (

balloontree Jun 28, 2012 11:11pm | Post# 1

I need a mechanical system like the turtles
Is this still valid?

I would like to know a mechanical trading system that does daily bars.

balloontree Jun 28, 2012 11:32pm | Post# 2

Currently I am experimenting the fozzy method, google this website for it;
and James16

I am thinking what should I do............a mechanical system takes out the bias, and makes it easy to do the entry, stop loss.......perhaps profit taking too; a bit less stressful

J16 method - so much concepts need to be aware of; I still need lots of practise..........

jeanlouie Jun 29, 2012 1:23am | Post# 3

I also like mechanical systems, the Turtles approach is still valid, at it's core it is based on pyramiding trend following trades, it's biggest now solo traders still use it though tweaked to suit their individual approaches, and I'm pretty sure they trade dailies, no intraday business.

I'm like you, I would much prefer a mechanical system that takes out all bias rather than the discretion dependent chartists.

© Forex Factory