Short update
Been busy lately with all sorts of stuff and forex has suffered.
I'm currently back testing my way through a method I thought of all by myself and if the results are worth the effort I'll post it when I'm done. Going through daily charts from 1989 to today, so it's gonna be a while.
After that I've got several other methods to back test.
I'm following a thread here called win ratio by the user trevpick. This thread contains a setup which is very interesting and is high up on my back test list.
Life in general is good and it's even getting nice and warm here in Sweden.
I'm planning to do a complete restart of my live trading when I finish with my back testing. I plan to divide my Oanda account into several sub accounts. This is because I intend to trade a few methods simultaneously and that's the best way to keep their performance separate.
I have now completely accepted that I'll trade only methods that are either based on daily bars or that are of a set and forget type.
I'm done with obsessing about forex all day long. I will deal with forex only in my own time and as efficiently as possible. I'm not going to spend my life staring at a screen, it's better quality of life to trade longer time frames. And quite likely, just as or more profitable.
After all, compounding steadily is what counts.
I also plan to look at NickB:s method again having been inspired by Phil838, a user who has become a tremendous asset to BP in a short time.
I did look at NickB in the beginning but for reasons that are lost in the fog of the past, I shelved it. Maybe a mistake, we'll see (my forex to do list is depressingly large and growing).
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