Quote:
Originally Posted by demonfx
Are you guys serious? This pair has been sideways since april, take a look at your weekly chart. Even so, it is pushing a 12 year high so are you sure you want to stay long? An EA needs to work in all conditions without intervetion, I find it laughable when people do backtests only going long or only going short to show how good it is, come on. I would have gone long 12 months ago for sure, I don't need an expert to do that with hindsight on my side.
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I use the backtest to check the performance but all my tests are live .
You find the idea funny however it makes money
. For you the the chart is going in sideways
then you definitely are looking at the wrong chart or you need to change your broker , if you can't make money that's your porblem .... we see what we want to see, and each one has his own idea for trading , I create my own methods and I don't follow the crap on the internet, you said you could have gone long form 12 month ago , I wonder why you haven't done it, talk is easy.
Many times I have said you can turn a bad expert to a good by selecting buy/sell only from expert properties, and my post was about the same idea... in other words follow the trend if you can see it
... but I don't blame you if your looking at the wrong pair its
EURGBP the one where its trending up, where the price is about 0.8141 , you can see it by :
- go to file
- new chart
-then select EURGBP not GBPCHF because GBPCHF is going down
now if you still don't see the up trend then change your broker he must have switched the currency pair charts, or you can flip the monitor and down trend will be an up trend , that makes me wonder if the 90% who lose flip their monitors when they trade, would they win in forex ?... that's something for you to test
Now lets see what you describe as funny : more than 30% increase in about 10 days with less than 1% DD Flawless Victory.... do you still think its funny ? do you see the up trend now ? if not then do as I advised before flip your monitor
