I discovered forex five years ago. I have come to FF Plenty of times to find advice or some magical system that would make millions for me. Tried few of them and wasn't happy of results. And rest of them were too complicated for me to understand (maybe cuz I'm stupid). So, now I have developed my own simple system. Well actually 10 of them. My thinking is, if all of these 10 systems would have performed well last five years (backtesting), what are the chances that more than half of them would loose me money. This would be analogous to having invested into ten shares instead of few...Well you get my point. So, I'm opening this thread to keep track of performance of my systems. That's about it, so now i'll just wait for the next signal. I have one important rule: no trading on Fridays.
These systems are mechanical systems combined with statistical analysis and are currently tested on demo.
Example of statistical analysis:
If there is a price movement of zz pips at xx:xx, what are the chances of price moving yy pips more? (Based on five year data)
These systems are mechanical systems combined with statistical analysis and are currently tested on demo.
Example of statistical analysis:
If there is a price movement of zz pips at xx:xx, what are the chances of price moving yy pips more? (Based on five year data)