View Single Post
Old 25-02-2005, 06:43   #66 (permalink)
sr2
level 3
 
sr2's Avatar
 
Join Date: Jun 2004
Posts: 164
Rep Power: 0
sr2 is an unknown quantity at this point
Re: Yet another newbie system!

I've just looked over the trades made and here is a summary:

USDJPY Winners:1 Losers:1 0%
GBPUSD NO TRADES
EURJPY Winners:0 Losers:1 -100%
EURUSD Winners:1 Losers:0 +100%
USDCHF NO TRADES
GBPJPY Winners:2 Losers:0 +100%
EURCHF Winners:0 Losers:2 -100%
USDCAD Winners:3 Losers:0 +100%
AUDCAD Winners:3 Losers:1 +75%
EURGBP Winners:2 Losers:0 +100%

It looks to me like so far the most profitable currencies have been:

EURUSD, GBPJPY, USDCAD, AUDCAD and EURGBP.

It is possible that I drop the other currencies when I live trade.

The system with all 10 currencies has a success rate of 50% for Jan and Feb so far (some feb trades still open.) With only the above currencies the success rate jumps to 90%. But despite this fact, this cannot be taken as conclusive proof that these currencies will always produce this kind of success rate. We need to watch and trade for a long time yet to get a feel. It could also be a seasonal thing i.e. in the summer (GMT) the trend could reverse.

I just thought this may be helpful to someone going forward.


SR2
sr2 is offline   Reply With Quote