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Just a quick update on the latest positions from USD/CAD and CAD/CHF over the past few weeks. Think I should add more pairs to the mix?
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Ha! The latest round of positions show just what I mean about this strategy making up for its tiny losses and more, even catching a few wins on choppy conditions recently.
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It wasn’t a very busy week for the Inside Bar Momentum Strategy on USD/JPY and GBP/JPY, but did the valid signals end up with profits? Take a look!
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With the latest “success” of the revised Short-Term Bollinger Reversion Strategy on USD/CAD, I thought of looking at how the system fares on another typically range-bound pair.
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After the other week’s dismal performance, I’m hoping that the SMA Crossover Pullback system can make up for it with these new positions. Take a look!
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It wasn’t the best of weeks for Guppy, but USD/JPY made up for it as it scored three big wins. Were those enough to keep the system in the green, though?
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After a quick review of the back-tested trades on the basic version of the Short-Term Bollinger Reversion Strategy, I had an idea for a small tweak. Lo and behold, this improved results drastically!
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Ugh, it looks like I called it too early when I said that this forex strategy is off to a good start this year. More than the usual share of stops were hit lately!
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It was kind of a mixed bag once more for this mechanical trading system as it caught three wins and a few losses. How did the bottom line turn out?
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Because you asked for it, I ran a quick backtest of the Short-Term Bollinger Reversion strategy on USD/CAD from August to December last year. Here are the results.
Read MoreSelf-trust is the first secret of success.Ralph Waldo Emerson