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Forex, Trading, Currency

Trading in charts

Trading in charts

Posted by Trader On July - 23 - 2009













Systematic trading operates the following notions: Trend analysis, The 2/1 Rule, The 5 Percent rule
Proceeding with the A system started in our previous article, we go deeper with our technical analysis.

Trading in charts

Trading in charts

Since October the system showed 59% profitability and generated 54 deals. Let’s have a look at the chart reflecting these deals balanced curve. You see that we started with the loosing deals. If we lacked discipline, this change would affect our trade and we would have to stop trading. However, we were emotionless and strictly followed the system recommendations which allowed us to get positive results.

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