By the way Nick,
I'm not sure what timeframe you're trading but if Gold closes above 908.26 then there is a nice Volatility System trade in the making on the 4 hour timeframe. I'm currently long Gold anyway so I MAY even add to the position i.e. add double the current amount of lots and follow one half of the trade through with the SI System until stopped out i.e. I won't stop and reverse but only stop and then stay in the balance of the trade with the Volatility System. I've also been waiting for an entry on GBP/JPY on the 1 hour timeframe but if I get one I'll only open a small 'test' position i.e. the pair is too dependant on what stocks are doing and stocks are extremely volatile right now i.e. up one day and down the next. Anyway I'll see. What's happened to your Volatility System trades? I know you were waiting for an entry on Gold. Did you get the entry?
Edit:
Nope. Gold JUST missed the VS SAR!!! Looks like it MAY close above by the close today which is unfortuanate i.e. gonna have to wait until Sunday. I decided to drop the idea of using the VS on the GBP/JPY 1 hour i.e. too many false signals by the looks of things.
Last edited by dpaterso; 04-04-2008 at 01:31 PM.
|