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I was looking at triggers for a trading strategy and asked AI to give me some ideas.. here's what it said
Here are several potential trading trigger ideas that could capitalize on momentum and market psychology:
Failed Double Top/Bottom Pattern
When a second peak/trough fails to r
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So I've been using the Dow Strike trading robot now for a couple of months and here are the results! 37 days of trading, 34 profitable and 3 losing.. made a total of $12,821.58 on a $100k account.. that's a 12.8% return in 2 months! It's particularly active from the US open and can open up 20-50 tr
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I have an associate, some guy I met online who I talk to about trading... he's an interesting character and one of the best traders that I've ever known. I'd like to say he's a friend as we do share a bit of information about each other besides our interest in trading but I've not met him in person
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Following my previous post on Forex systems within Metatrader which repaint, I went on the hunt for systems which specifically mention that they do not repaint. If you want to understand why, then please look at my previous posts.
The biggest advice I can give you when you're using Metatrader systems is to ensure that it is a system that does not repaint. If it does, prepare to lose money no matter how good it looks.. repainting systems are a fraud.
Ok, so after scouring the web for someth
July 16, 2011
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I can't believe it, my previous post where the indicator appeared for a short entry and then disappeared because the markets were going the other way has now indicated again for a short. Note, that there is no sign of the previous indicator... the market fell but now going up, if the indicator disappears again - it is purely fraudulent!
July 15, 2011
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I have been backtesting this system which looked really good using the Metatrader software. Basically, it told you when the market was trending up or down and if you place a trade when the trend changes and just follow it (from the backtesting), you would be in the money!
However, there are indicators in Metatrader which repaint. What this means is that you may be given a signal to enter a position but if the markets move the opposite way, the indicator suddenly disappears. What this means is
July 15, 2011
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