PivotTrades

[ianp]

Hi everyone.

Thanks for all your ideas and contributions. At the moment I am lacking the conviction that this system is worth putting more effort into. My results for the last 2 months are near breakeven.



If you have better results, let me know.

I have only been trading properly for the last 2 weeks before then I was not following the rules properly.

The pairs I have chosen are different to yours as I didnt want to have to be USD heavy.

Last week the GBP turned on me I had 4 GBP pairs open so they knocked my account down.

I have now decided to try running a more balanced basket to limit my exposure to each currency.

NZDUSD
USDCAD
EURGBP
EURJPY
GBPJPY
AUDCAD

I will see how it goes.

The only other filter that MIGHT work could be to not trade when a pair is in a range and wait for a new direction to trade.

If you a EA you could run all pairs and also see if removing range trades would help or not.....

[sesshoumaru]

Hello, any news on this strategy? it looks very simple and mechanical, i like mechanical systems, does anyone still use and it get good results? any update?
Thanks!