Recent content by ggjr61

I had stopped trading this for several months but when 6.0 came out I decided to try it again. I am trading at 2% and yes - this week was a good week. My account with FXDD is up almost 5% because of the consecutive wins. It's a nice feeling after the beating and rollor coaster that this...

I thought about increasing lot sizes after wins and decreasing after losses. But since the average win streak is 1 while the average loss streak is 3, I don't think this would work. In 2010, the average streaks were both 2 and with the 1:2 ratio of Risk/Reward, the system was profitable. But...

Too bad the Early close does not work the same for my broker (FXDD)... In order to make the early close work, I needed to set the time to 1 hour before the end of trading. When I try to use the close at the end of session the trade does not get executed and I am stuck with a weekend trade. I...

Lukkana: I must agree with you. I have been running this on a live account for 4 months. In order for this system to make money, it needs to have more than one winning trade for every two losing trades. December is the only month this happened for me and just barely - with exactly 1 win...

Three losing trades this week.... I am back in negative territory. I m really having second thoughts about continuing with this system. I started with 4% risk and lost several hundred dollars. Then I changed the risk to 1% through December and the first half of Janurary. Then as soon as I...

I must agree. Attached is a copy of my results. I have been in negative territory until recently. I still like the system and I think the idea of a small risk to a large reward is something that all systems should use. So I continue to trade it. But my personal experience has not been as...

I whole heartly agree with both comments. I took Mike's advice and closed Friday's trade early with a small win instead of a significant loss. Regarding copy protection: The key is good as long as you can change it when you change brokers. It seems like I have been through too many brokers...

Hurray! Another Wednesday win. Too bad I was anxious and left my risk at 1%. Still it's nice to see the strategy pick up a few pips!

Attached is the data in an Excel workbook with my simple analysis. It would appear very different from my original analysis. When looking at 2010 Fridays are the best day to trade.. And the variation from month to month and quarter to quarter seem to say that there is no correlation to the...

Thanks for the analysis.. I too was trying to enter the data from the graphics on the web site and analyze it. I don't have the data back to June so I just ran the analysis from August. It clearly shows that Wednesday is the best day to trade this strategy. I may do a longer term analysis...

I am seeing that the EA seems to fail on Thursday's and Friday's. So far, I have not seen a win on any Thursday or Friday since I purchased the EA 6 weeks ago. There was one Friday when the official site showed a win because they used the early close option but unfortunately I did not have...

Welcome back Mike. I still have high hopes for you product. That said, it is testing my nerves. Unfortunately I purchased and began using your EA in the middle of the month and therefore at the beginning of the losing streak. I did not get to take advantage of the wins at the beginning of...

I tend to agree. If the indicators are worthwhile, then we should see better than 50% winning trades. Preferably better than 60%... It seems like the 50/50 win/loss rate with a 2:1 profit/loss ratio will barely break even and even lose when commissions, slippage, etc. are taken into...

Just posting this message so I can scribe to this thread in T2W (cannot seem to find a "scribe" link anywhere but in the reply section). I have been trading TMT live since Feb with really good results in Feb and Mar but poor performance in April and May... I publish my stats at...