It takes guts to stand up and share lessons learned from the previous financial year and for that I applaud your recent posts.

Surely that trade was contrary to Smikester's point, as it was neither small nor in the direction of the wider trend?

Good to see some action on this thread again - keep it up guys

I was beginning to think he'd fallen out of the trading world when he stopped posting on url . Looks like Joel is back, with at least one post anyhow!

A little bit, seeing as I've never seen him advertise another system anywhere?

After having read the last 1,000 posts (ok, I might have skipped a few) it looks like no-one has actually supplied a definitive answer to what has happened to Jacko or the funds he has been given. Maybe he was in a car accident and has ended up in ...

You're absolutely right, I wasn't really factoring in the thought that it's really only one trade a week. Provided your backtest data covers several years with a profitable outcome then one bad year is no reason to tamper with the method. I ...

I admire your steadfastness and with a mechanical system such as this (when you have the back-test data to prove its long term profitability) it's the consistency that will eventually see you into profit. I think it's safe to say the market ...

Thanks for the quality reply. It's the above quote that I needed to hear and is the bit that's been holding me back I think. I've heard so many times that we should find a method/system/magic bean that provides 60% winners and a minimum 2:1 return. ...

Hey Razor, just read your first post - I'm pretty much on the same road as you although a little way behind. I'm probably about where you were in August last year - suffering a string of losses after some wins and wondering what went wrong lol but ...

Hey Magnus, that ball definitely needs a shine! What's the news driving Singaporean strength today? Edit: Just read Arfer's post But surely if they are trying to cool their economy they don't want a strengthening currency, which is what ...

Hey guys, Been away from the thread for a few weeks due to trading constraints but thought I'd drop in and say hi! What do you guys think of the EUR/USD? A potential range breakout trade do you think? The short is perhaps slightly stifled by a ...

lol you are confusing me further! If the stop is at the end of the IB then my statement that your additions are more likely to get stopped out still stands. Say you open a position at 2pm GMT at 100, stop at 90. Price rallies during the afternoon.. ...

Not sure I follow. You mean using the pre-existing stop but simply adding on the break of overnight IBs? Guess that could work.

I'm not sure that taking trades between 6pm GMT and 6am GMT is wise - on my charts price is often sideways for most of that period with lots of IBs, followed by OBs, short moves up and down, which would produce a ton of losses - far more losers than ...

Cheers HT, yes I believe that is what he's using. It sounds like a simple and sensible approach - will have to do yet more backtesting!

Ah, gotcha, cheers mate!

Please forgive my ignorance and perhaps stupid questions! You use the monthly open to give a directional bias But I'm not sure what you mean by "Buy/Sell" line? Is that the same thing? Also you use an MA as a trailing stop. Do you place an ...

Ah the pin-IB combination. Good call