Registered: Jun 2011
03-20-12 04:22 PM
well, that's what I was trying to say
Quote from bone:
You might consider if your trading frequency and data sampling timeframes are a limiting factor. In other words, are you pre-disposed or biased towards modeling and trading on a high or higher frequency basis ? If so, that could be a limiting factor and by default that might disqualify a number of markets that do not have the daily trading ranges and historical vol that the currencies do.
I am not making a judgement statement, just trying to think this through with you.
even though EUR/USD and GBP/USD have similar names they are about as different as Corn and NQ.
I'm sure there is somebody out there making a good living on the Great British Pound (or what I call the goddamn british pound) but it aint me.
In the breif time I have been trading forex all my winners would have been better if it wasn't for GBP, and all my losers wouldn't have been as bad if it wasn't for GBP.
When I trade the chop it trends, and when I trade the trend it chops. Not only am I wrong, I'm exactly wrong.
Forget EUR/USD, if you can come up with a system that works for GBP I will buy it. And it doesn't even have to make money. I'll buy it if it just breaks even.
Until then I'm not going to trade it anymore, until maybe the Queen dies or Winstom Churchill is resurrected from the grave.
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