Proper Prior Planning Prevents Piss Poor Performance
GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 119 replies
GBP/CHF trading room 148 replies
GBP/USD Trade Room 24 replies
EUR/JPY Trading Room 876 replies
EUR/USD Trading Room 328 replies
DislikedEG is the perfect pair for a range system. I have been using a system I 've been working on for a year and a half. It has returned a little over 100% from Aug 2006 to Aug 2007. This pair may seem like paint drying, but boring trading can be very profitable. I can post the stats if anyone cares to see them.Ignored
DislikedFor those that aren't familiar with the EURGBP you should know that it's worth just over $20/pip so don't let the stability fool you!Ignored
DislikedHere are the stats, I am reluctant to post the method publicly, because it apparently exploits an inefficency that has not been widely noticed.
My post was not to share a method, but to discuss EG and the fact that a slow steady approach can be very profitable.
I think longer term and no scalping and no wierd MM like martingale or any other negative recursion methods of MM. Just old fashioned trading of a perceived edge.Ignored
DislikedFor those that aren't familiar with the EURGBP you should know that it's worth just over $20/pip so don't let the stability fool you!Ignored
DislikedIt really is not much of an issue for me, because I define percent risked as
Lots = Account Equity * Percent risk / Stoploss / Pip Value.
So regardless of the value of a pip the amount risked is always the correct percent of my equity.Ignored
DislikedWell, the secret is out now! What % risk do you use? I'm a 3% kind of guy.Ignored