Developing a systematic approach to trading

March 13, 2006 by Trader Rich 

After days and days of backtesting, I think I have found a simple system that works for me.  I backtested it over the last 5-6 months on the EUR/USD 60-minute charts.  Of course I understand that there are no guarantees that this system will work well in the future too.  But it does feel really good to have designed a system that I can use going forward.  My goal over the next month or so is to trade religiously using this system and being the gambler I am do so using my live trading account.  It actually feels really great to have a system that is going to generate long, short, cover, and sell signals right on my charts.  Here are my backtested results:

Forex Trading System 

 

 

 

 

Popularity: 3%

Comments

Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!