[dpaterso]

Good morning everyone!!!

Nick:

I'm glad you got your stuff sorted out. Did you find out what was different between your calculations and mine? I mean I know you got it 'sorted' but what was the problem just for interest sake?

I honestly believe that the reason we have so much more movement is because of the difference between the markets today and the markets back then i.e. volatility. Also: as much as I love 'the man' he ALSO makes the same mistake as most other i.e. the examples are always 'best case' scenario!!!

As far as forex pairs are concerned I really only trade the major pairs and their crosses i.e. GBP/USD just happened to be the spreadsheet that I sent you i.e. no particular reason for sending you that one. The only 'commdoll' that I MAY trade if I get a signal is AUD/USD and I stay away from the 'exotics' and pairs with HUGE spreads. It must be said though that I do have all the ???/ZAR pairs open on my quote screens so that I can see what our exchange rate is doing and now and then when I look at their charts it would appear that the SI System will also work on pairs like this (but do you REALLY want to trade a pair with a spread of 500 pips like GBP/ZAR although I must say that the 'payout' on pairs like these is great if you're on the right side of the trade).

Good and clever thinking about the sub-accounts. An idea for me and others that want to trade with multiple systems on the same instrument at the same time.

Boca:

Looks right to me to. Just one thing though (and I'm not ENTIRELY sure that I'm right about this but anyway): in my opinion you need to be careful with the CSI when comparing the CSI values. What I have found is that you cannot compare something like (again) GBP/ZAR and EUR/USD for example. The reason being is that GBP/ZAR WILL ALWAYS have higer CSI rating EVEN IF it has no directional movement and EUR/USD is moving up and down 'in leaps and bounds'. The reason (I think anyway) is AGAIN because of the difference in the quoted prices i.e. GBP/ZAR if quoted as 15.4708 and EUR/USD is quoted as 1.5658 so the ATR and ADXR value for GBP/ZAR will ALWAYS be greater than the ATR and ADXR value for EUR/USD. I think a 'PIPFACTOR' is also needed here in order to ensure that you're comparing 'like for like' and 'apples with apples'. THEORETICALLY because of the NATURE of the CSI calculation it should not make a difference i.e. maybe I'm wrong and something like GBP/ZAR IS always the 'best deal' to be trading because of the payout??? Maybe Gold IS ALWAYS the best metal (commodity???) to trade??? All I know is that at one stage I 'tracked' the CSI for ALL the pairs available to me for about a week some time ago and pairs like GBP/ZAR and EUR/SEK were ALWAYS the highest on the CSI scale which worried me. As I said: I'm not sure about what I'm saying myself and tend to no longer use the CSI. Feel free to comment about this and if I'm wrong then please do correct me so that I don't impart 'nonsense' here!!!

And by the way (not to spoil anybodys day) but I thought that you should know that I've gone from being UP over 20% to being UP only around 1% this morning (no point in only telling you about the good stuff)!!! I've not had any stop and reverse orders executed as yet either and I'm sticking to the system regardless but I just thought that you should know. Basically a whole weeks work with almost exactly $0 profit give or take a few $$$ (so far anyway)!!! I personally think that it's because everyone is now waiting for the jobs numbers this afternoon so nothing is really moving. At least I HOPE this is the reason. (Strangely enough as I was typing this message to you I see the profits starting to climb again)!!! All I'm saying is to not get discouraged when you're down i.e. one thing I can say about this system is that is very rarely just stops you out for nothing i.e. even although the prices of 99% of my open positions have retraced to their original opening prices they're still open (and it would appear that the positions are all still in the right direction) and this after there were HUGE spikes up and down yesterday. Put it this way: I'd rather break even and have made exactly $0 profit by the close tonight than having lost money!!!