EUR/USD +64 pips closed @ 1.3371
USD/CHF +68 pips closed @ 1.2218
GBP/USD closed at 1.9692 +13 pip
Total: +145 pips
USD/CHF +68 pips closed @ 1.2218
GBP/USD closed at 1.9692 +13 pip
Total: +145 pips
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Thanks Forexpert310!- #138
- Apr 9, 2007 3:42pm Apr 9, 2007 3:42pm
- Joined Mar 2007 | Status: we are stardust, we are golden | 1,364 Posts
Hi
I am a computer scientist/mathematician as well, and last month managed to set up a a scripted system with a friend that is backtested 2 years on all scenarios with 89% success. However, his SL was never below 50-60, and he vacationed on strong news. He has managed to double his money since, I have refused to put money in it. Reason: I know scripts too much to trust them, and 89% is not good enough for me (I use 1:100 leverage).
Now your system seems to be even better, and I like the fact that you are using "psychology" and statistics, which is the only way I trade. Also you seem to trade during big news. What really puzzles me is that you manage to trade daily. How can you talk about psychology/resistance breakouts when you are opening positions every single day? I would really love to see your basic method and the reasoning behind it, though i suspect most of the math/statistics went into determining good TP and SL values.
Anyway good luck and please do explain what you are doing. If you only post signals then we can't improve it, if there is room for improvement
I am a computer scientist/mathematician as well, and last month managed to set up a a scripted system with a friend that is backtested 2 years on all scenarios with 89% success. However, his SL was never below 50-60, and he vacationed on strong news. He has managed to double his money since, I have refused to put money in it. Reason: I know scripts too much to trust them, and 89% is not good enough for me (I use 1:100 leverage).
Now your system seems to be even better, and I like the fact that you are using "psychology" and statistics, which is the only way I trade. Also you seem to trade during big news. What really puzzles me is that you manage to trade daily. How can you talk about psychology/resistance breakouts when you are opening positions every single day? I would really love to see your basic method and the reasoning behind it, though i suspect most of the math/statistics went into determining good TP and SL values.
Anyway good luck and please do explain what you are doing. If you only post signals then we can't improve it, if there is room for improvement
Virtue finds and chooses the mean.
Aristotle, Ethica Nichomachea