The MACD Contrarian. A medium term position trading system for the EURUSD

Trading Systems Free Forex Trading Systems
251

Tony, on post no. 8 stating the system rules you write that if whilst in a trade, a signal is generated in the same direction it should be taken. this is why i considered the entry on the 24/09/09 a valid entry

252

apologies nutrader you are quite right. I will update the spreadsheet

253

This will be my last post on this thread. I find I have less time for bpips these days although do check in occasionally. Last nights win has been a long time in coming and puts us back in profit for the year after flirting a couple of times at less than 10 pips from target. The previous trade may have been a loss for some as it depends on your spread

I think the approach is clear. Not for everyone but profitable nevertheless


254

Thanks for all your posts. I have enjoyed your insights :smiley:

255

Thanks tony, The fact that you can come up with a method that turns a profit at all over the long run deserves merit,