Hasn't anyone here read "The New Market Wizards"? I don't have the book in front of me but several people there talk about moving the forex market with their orders. One of them even says that it shifts the market sentiment for days afterwards. ...

Would you guys be willing to post your trades (just numbers would work fine) for one of the two months? I need to figure out what I'm doing wrong. I followed the system to the letter as I understand it from the PDF, with no discretionary trades or ...

Feburary 2006 didn't fare so well, -176 pips. The system would still be up over 400 pips however. March ended up +9 pips for a total of 413 pips (including commissions) since January 2006. Off to bed.

Well I have to say so far the results have been phenomenal. I just finished manually backtesting Jan 2006 and the results are a net of 606 pips!!!!! I did however count the two lot trades as twice the pips, i.e. if you made 50 pips trading the two ...

Just as a heads up, there is a typo (at least I think) on page 4. It says "They will be SHORT trades". According to the chart, they should be long trades as short trades would not make sense. Maybe I'm misunderstanding the system though.

Is anyone still trading this method? How has it been doing? It seems like a really good method but this thread just died off, so I don't know this system is losing money or what.

Since Forex is decentralized, there is no actual close for any given pair. Each liquidity provider has their own price, but arbitrage assures they are never more then a few pips away.

Terranin, I don't know the legality of this, but I'm sure most people are going to tell you that one of the most important features you can add to your program would be a MT4 indicator/EA import function. Basically it would covert MT4 code into ...

I don't know of one per se, but if you can't find one send me a PM in a few days (on the road right now) and I'll program one. It shouldn't be too hard.

I don't know if this is satire, but if it's not, I would close out that order ASAP. You're risking your half your account on a speculative trade, with a stop loss of 37 pips. To put that in perspective I use a 40 pip stop loss even when doing quick ...

When you click on the "Moving Average" indicator it will bring up a dialog box. Under the "Parameters" tab there will be a drop down box called "MA Method". Click on this box and it will allow you to choose what type of MA you want. Simple would be ...

By "half my balance" do you mean you are risking half of your trading account on this, or you opened up only half your position?

That's one side of the argument, and the one that I've been generally adhering to. You however seem to make the assumption that there is a random number generator that determines the price of the Euro in relation to the USD based on the time between ...

I'd be willing to place a large bet that it is the modeling quality that's giving you the skewed results. I had an EA that I backtested on my IBFX Live account using 1M data (the EA trades on 30M timeframes). The backtester consistantly yielded ...

Isn't it already defined in the variable "Point" or am I mistaken?

I have kind of an off-topic question for you Fixed Income experts. If one wants to purchase t-bills and t-bonds solely as a means of preserving earnings, would you recommend reading some of the books out there on Fixed Income securities, ...

I personally tend to agree with your static position sizing thought more than your equity curve crossover method. If you EA is of the scalping variety, the win/loss ratio is probably pretty much fixed. Therefore increasing your position size during ...

If you send me your backtested EA results, along with the maximum desired drawdown and I'll optimize the position sizing for you. Shoot me a PM if you want.

Well I guess I really showed my young age and ignorance then. I had always seen it spelled with a K and thought that was just how it was spelled in the English language. My apologies to the original poster.