[Soul-Trader2004]

well, if you are happy with 50% then i presume a good old coin toss is your strongest weapon - and it's very consistent. what a ridiculous statement for someone who says he's an experienced trader.

suggest you read the last currency trader where that article on indicator probability proved they were no better than a coin toss.

a seasoned vet? - well, i dont know how long that takes - ive been a trader for 5 years - which is 4 1/2 years more than most manage - three of them in forex and the last three of them profitable (the last two VERY profitable) - exactly what does it take to be a 'vet'?

You're right, different strokes for different folks, all i can do is as i say tell what stinks for me -) and a wiggly line based on a multiplier of what price did since the last full moon just doesnt cut it for me.

I don't trade GBPJPY so I can't comment - even the pairs that i do trade i cannot comment till my system says go this way or that way. One thing is for sure, my system gets it right 56% of the time and it doesnt matter what side of the bed the fed chairman gets out of nor wether the coffee bean harvest will be late this year in guatemala.

I did work out my sharpe ratio last year but can't remember the exact figure - i'll have to do it again. - as for drawdowns vs returns - last year my system returned over 600% ROI with a max drawdown of 48% - the 48% was an anomaly and was the biggest in 3 years - the norm was around 33% - not bad odds i dont think.

the most important thing about my way of trading is that I can repeat it, month in month out - wehter i feel crap, end up in hospital or some terrorist decides to take a swipe at someone - it makes no difference at all.

I don't know about you, but i'm in this game to make money - that's the only reason I do it and what I do makes money for me and others. More than most on here will ever see.