Dislikedabout my results or me not posting any more results...
It is now 4 weeks that I didn't take anymore trades on the FX. The reason is because of very bad market conditions. Now afterworths I think that this was (is) a good descission. It would've been very difficult to come out of that period making consistent profit.
When I take weekly charts and place an ATR (2) indicator then it is clear that we are in a historical bad period.
So my concentration goes now to the BUND and T Bond markets.
I'm also putting everything in place to pick up my "old" mecanical swing trading systems. One can still make profit on these kind of market conditions but as a swing trader. Take in a position and leave it for 1 or 2 weeks and get away with 100-200 pips profit. Were it is is nearly impossible to work as an intraday trader on these small market ranges of 40-50 pips.
regards...iGoRIgnored
Where can we learn about the "old" mechanical swing trading systems?Thanks for the update on your perspective of the FX.
Pdean