Disliked{quote} Hi zeramlakireg, Could you expand further please on what your process is - impressive results so far on your end.Ignored
Please understand that this is only my test. There was no technical analysis done on entries or exits. Doing this, account will likely get into drawdown. Maybe this account just got lucky it started on good market movements.
There is a summary of currency strength in the bank position indicator. That is where I base my basket for the week. I am still developing my entries and exit. I cannot be certain that what I am doing is profitable since it's only been one week. But to give you a rough idea:
1. I look at the summary in the Bank position indi.
2. I look for the top 2 strongest and bottom 2 weakest. Possibly top 3 or bottom 3, depending on the strength. By strength, I mean the number beside the currency. Example:
Top 3 = GBP 3, USD 2, CHF 2
Btm 2 = JPY -2, NZD -2
3. I will then pair those currencies and group them into BUY and SELL groups. So, from the list:
BUY group:
GBPJPY, GBPNZD, USDJPY, CHFJPY
SELL group:
NZDUSD, NZDCHF
4. I simply open these positions. No technical analysis whatsoever.
5. Exit when the currency strengths have changed. Also no TA whatsoever.
Hope this helps.
Cheers
1