A Couple of Trading Sites To Check Out
November 27, 2007 by Trader Rich
I wanted to bring a couple of sites to your attention which you may not have visited before.
The first is Trader Interviews. This site has interviews with all types of traders dating back from March 2006 to present day. They are audio interviews, not video.
The second site is Hive Trader, a spin-off of FXEngines. You can backtest many different combinations of trade strategies here for free and also view all community created systems. The system with the all-time best performance is a system called "Buy All Time High" which seems to try to take advantage of the bullish GBP/USD. The entry signal looks for a price breakout about the high plus 3 pips for the last 100 periods on a 5-minute chart. The second criteria for entry is that the 21 period EMA is above the 55 period EMA. The system calls for a trade to be made anytime between 2:00 AM EST and 4:00 PM EST Monday through Friday. The system looks to exit when the 1-hour 180 period EMA crosses with price. Maximum drawdown on this system was 786 pips with the worst loss being 640 pips. The best gain was 1300 pips. The average positive trade profited 124 pips and the average negative trade lost 54 pips. You can visit the site to view all other tested systems.
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