Guyz.. i've decided to start this thread as i need inputs from your comment on my trading system.
Till day, this system was able to generate consistent profit for me about 2% per month.
This sytem goes like this.. when the market bullish, set Long orders at all .00 and TP at 50pip. When it Bearish Set short orders at all .00 and TP 50pips. if it is ranging, order are set according to previous market movement. Eg. if it is in bearish n goes into ranging, u set short orders. If it is bullish follows by ranging, u set long orders for the ranging.
in year 2007, i'm able to achieve a return of minimum 30% return every month. but wheneve it reverse trend, everything is wipe out. so after much testing, i use a order of 0.1% NAV per order. when the market is reversing trends, close out all position and set new orders with Value 0.3%NAV. This will help to recover lost for time being. and after u reach a NAV of positive returns juz before market had changed trends, change orders to 0.1%nav again. Restart everything over again whenever market change trend.
I traded it with GBP/JPY. avg pips earn per mth is 3000-5000 thus far..
please gif comment on this system...
Till day, this system was able to generate consistent profit for me about 2% per month.
This sytem goes like this.. when the market bullish, set Long orders at all .00 and TP at 50pip. When it Bearish Set short orders at all .00 and TP 50pips. if it is ranging, order are set according to previous market movement. Eg. if it is in bearish n goes into ranging, u set short orders. If it is bullish follows by ranging, u set long orders for the ranging.
in year 2007, i'm able to achieve a return of minimum 30% return every month. but wheneve it reverse trend, everything is wipe out. so after much testing, i use a order of 0.1% NAV per order. when the market is reversing trends, close out all position and set new orders with Value 0.3%NAV. This will help to recover lost for time being. and after u reach a NAV of positive returns juz before market had changed trends, change orders to 0.1%nav again. Restart everything over again whenever market change trend.
I traded it with GBP/JPY. avg pips earn per mth is 3000-5000 thus far..
please gif comment on this system...