I've been working on a new filter for my strategy using stochastics that seems to be working well. Today I put it to use. My strategy signal was an initial short, but with the new filter I decided to go long.
Long at 1.5349
I decided to get out early due to news coming out at 10am. Able to get 5 pips. Filter actually worked great. Could have made a lot more, but I not only made 5 pips, but prevented an eventual stop on my main signal.
Today +5
MTD
+40
[Please don't trade off of the inputs I enter here (as they will be old news by the time i post it). At some point I will setup a desktop sharing program for those interested in following it live]
"Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results."