Day Trading & Forex Forum

steel12358

Hi
I have a system on the Dow that I would like to put out they’re for some traders to scrutinize. It is based on mathematics to project future turn dates. It generally takes about 400-500 points net out of the Dow each month.

If you would be interested in me supplying the dates and times and you giving me your opinion please reply.


Regards Steel

counter_violent

Do you intend to post something for scrutiny on this thread or are we supposed to give you dates and times in the future and you tell us where price will likely be ?

cheers

cv

__________________
There is a gaping chasm that separates wafflers from doers

Time Series Modelling....It's The Future !

marty

-Very Interested Steel- go ahead!

thanks

trendie

it may be simpler if you showed your projections for next 30 days or so, NOW, so we can see if you're any good.
intersting idea, turn-dates, and ultimately, the interest will be in the concept behind it rather than as a signal-service.

good luck with it.

__________________
If the only tool you have is a hammer, you tend to see every problem as a nail - Abraham Maslow
There are 10 kinds of people in the world; those that understand binary, and those that dont. -Anon
Warning: May contain nuts.

steel12358

Hi

These are the rules for this system,

1 If the daily bar is negative before the trade time I will go long, If it is positive I will go short

There is only 1 exception to this rule, and that is when the open and the close of that bar are closer than 50 points, but I don’t see these too offend.

2 These turns work on average about 70% of the time taken over a year

3 These are 1,2 & 3 day trades

4 100 point stop

5 Money management is required as in all systems, but we will just be looking at the turns for the moment.

6 All dates & times will be in New York time.

I will post the coming dates and times in my next reply.

This is not trading advice it is for research only.

Regards Steel

francisfinley

in dont understand how this would have worked over the past week, can you illustrate on a graph. id never employ a 100 point stop.

steel12358

Hi Francis

I have attached a chart for you with the last 3 trades on it

Regards steel

Attached Thumbnails

 

steel12358

Hi

These are the dates and times for the next month, All in NEW YORK USA Time

31/01/09 3.46am

04/02/09 22.32pm

11/02/09 13.02pm

17/02/09 3.24am

25/02/09 16.09pm

01/03/09 17.00pm

Happy to answer questions that you may have.

This is not trading advice for education only

Regards Steel