DislikedNo, I haven't had a chance to back test. I am not really good at it, and I have a hard time finding the time. If there are any computer savvy people out there that could do it with code it would be fantastic!Ignored
hoss, I quickly checked which days .... overall started the longest trends, and here is what I got:
Monday = was first
Tuesday = 2nd
Wed. = 4th
Thur. = 3rd
This does not verify the best profitability when entering on those days. This was done as a quick overview for GBP/USD, & for yr. 2006 only. It would take more time ..... and would depend on how you enter,
if you enter the market immediatly
40 pips apart,
or 100pips apart
That would take a lot of time to do it manually!
My opinion is Monday would be the better entrance overall, but tue. comes in at a close second. I think tkimble had it correct. IMO
I personally think ForexDude2 has a great idea
to put in 3 orders
1/3 take tp at 50
1/3 take tp at 100
1/3 you let then run till Friday.
You could even trade the same pair. Monday/or/Tuesday
Hey now .... what just happened to the Simplicity ... of the tkimble Method? Yes Keeping it simple .... is very important for the tkimble Method ..... IMO ....