If you currently trade (or have traded) Phil’s Sunday Breakout Strategy, you will want to read the article titled [B]Weekly Trend Prediction: An Adaptive Breakout Technique Analysis[/B], beginning on page 24 of this month’s [I][B]Currency Trader[/B][/I] magazine. The strategy outlined in this article is similar, in concept, to Phil’s strategy, and comes with a great deal of back-testing.
I tried three times to attach the February issue of [I]Currency Trader[/I] magazine (in .pdf format) to this post. No luck. So, if you want to read this article, you’ll have to subscribe to the magazine (it’s free), and then download the current issue for yourself. Here’s how: click on Currency Trader Magazine: Welcome, then click on “Subscribe for free now”, and follow the prompts.
Other articles of interest in this issue are: [B]Proposed Leverage Crackdown Provokes Forex Dealers[/B], beginning on page 33; and [B]The Yuan in 2010[/B], beginning on page 22.
And, Barbara Rockefeller’s column is always a must-read.
Clint