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- 12 Results (1 Thread , 11 Replies )
- CrazyAboutForex replied Nov 18, 2004
The markets have been gyrating a lot lately, and breakout type of strategies, atleast the ones I use, have been going through some drawdown. I expected this drawdown given that the earlier part of this year was a bonanza. So, from my observations, ...
- CrazyAboutForex replied Nov 2, 2004
if you plan to daytrade, which this system does, you should probably use a fraction of the daily range as stop and breakout threshold. For example, if the daily range is 100 pips, you can use a multiple of 0.33 (which is 3 used as a divisor) to ...
- CrazyAboutForex replied Oct 15, 2004
Thank you Mariovides and Mcky for the backtesting and system proposition. Can you check this system out on EURUSD and USDJPY pairs please? I have read, maybe in this forum, that the breakouts of cable is better as its range during the asian session ...
- CrazyAboutForex replied Oct 11, 2004
Thank you for this elegant system. Does it work for the EURUSD pair? Also, can any of the experts here backtest it and post the results.
- CrazyAboutForex replied Sep 3, 2004
With flexi contracts (as with Proedgefx, fxsol, gft etc.) or continuous contracts (as with Oanda), one gets the flexibility to chose the amount of risk better. If back test shows that the best performance is obtained when the stop is set at say 0.5 ...
- CrazyAboutForex replied Aug 28, 2004
First of all, thank you Merlin for the compliments. However, all the knowledge is theoretical... collected from my hours of reading books on trading. That is in addition to other courses and garbage I have glanced over. I have been trying my hand at ...
- CrazyAboutForex replied Aug 27, 2004
Dave, I think this system is very similar to the other system you referred to. Only the calculation of the support/resistance levels are different. The daily Hi/Lows, floor pivots etc., are all ways to calculate S&R levels. I chose to use Demark ...
- CrazyAboutForex replied Aug 27, 2004
Flash, Thank you for taking the time to run the tests. I am glad that you were able to better the system. I see that through our collaborative efforts, we have come across systems (simple GBP system for example) that are superior to commercially ...
- CrazyAboutForex replied Aug 26, 2004
Patrick, Thank you for the results. It appears to be what I was expecting. However, I think we will need to test it for a longer time period, to get some reliability as to whether the system can be traded. It is good to keep a system simple for ...
- CrazyAboutForex replied Aug 26, 2004
I think you are right. Sorry for the stupid typo.
- CrazyAboutForex replied Aug 25, 2004
Money Management — if you trade with Oanada (sp?), you can trade in fractional lots. That way, you can trade only the fraction for which your money management rules are satisfied. For example, you have $3000, and for a given signal you can ...
- Another simple breakout system
Hello Merlin and the other forex experts, I have been lurking in this forum for a while and like ...
- Posts by Member Search: 'CrazyAboutForex'