Short/Medium Term Trades - New Automated System

[gscull]

In this thread I will post trade signals from am automated system that I have devised and coded into a Java program. This thread is meant to test the accuracy of the system with an independent time dated source (i.e. no cheating). These are not recommendations for you to trade with. If you trade them with your own cash you do so at your own risk.

[gscull]

The system works on GBP/USD at the moment, but this will be extended in the near future. The frequency of signals is sparse, but accurate and with good risk reward ratios. I also trade indices on spread betting platforms so you may want to ignore the signals on the DOW.

All trades called and their outcomes since conception.

Gain amounts assume initial investment of £5000 each trade risk 3% of overall capital

11/08/06
DOW 30 Buy @ 11120 Exit @ 11045 Loss £150
12/08/06
DOW 30 Buy @ 11086 Exit @ 11538 Profit £1356
12/09/06
GBP/USD Buy @ 1.8666 Exit @ Trade ongoing current price 1.8861

Total Profit at 14/09/06 £1206
Current Balance £6206
Return to date (Since 11/08/06) 24.1%

[gscull]

I am starting a group at http://groups.mac.com/en/alerts if anyone is interested in joining please let me know.

[gscull]

GBP/USD Close trade @ 1.9031 for gain of 365 pips

Total profit at 21/09/06 £1998
Current balance £6998
Return to date (Since 11/08/06) 40%

[vladv]

Can you share your system here with us?For those who want to beta test it,for example.