A great start to the week, as the Forex Model caught the down trend that occurred in the CHF, which was followed by choppy sideways action for the rest of the week. The Forex Trading software continues to show how consistently profitable this trading system is, week after week. This was a week which outlined [...]
Continue reading...Wednesday, September 24, 2008
With the implosion of Wall Street financial giants, there was plenty of volatility that resulted and the Forex Model trading software was ready to capitalize on this opportunity. Very few ‘breakout’ signals occurred recently, which is exactly what is expected because there hasn’t been any consolidation required to “arm” the system. However, the dots generated plenty [...]
Continue reading...Wednesday, September 17, 2008
What is backtesting and why do you need to backtest your Forex Trading Software? This video explores the important concept of backtesting your Forex trading system and how backtesting can be used to improve your trading results. In a nutshell, backtesting is essential because it: Provides statistical evidence that the trading rules you have chosen are profitable [...]
Continue reading...Friday, September 12, 2008
Another great week using our Forex trading software. This video goes over the whole week in the EURJPY, and let’s you see and hear how profitable the system is. The week saw a completion of a large move down with a retracement late in the week when price hit the 147.50 area. Total profit +340pips [...]
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Friday, September 26, 2008
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