I have decided to pull the STRobot Forex trading robot from sale along with the SignalTrader Trading system, as I am a one man operation I want to spend more time developing algorithms and refining the robot methodology.
One of the things I do hear a lot is “If it’s so good why don’t you just trade it yourself.”, I think there is a lot to be said for this and I have a great bunch of traders using the software and developing ideas with me.
If you are interested I may be persuaded to set up another trader but my focus is really on the software development.
When your software is better than you at working out the trades!
Well Update 3. GBPCAD 60 odd pips profit and GBPUSD small profit. SignalTrader Trading system 2, Me, 0.
Looks like Sterling is going up in the last 1/2 hour i have BUY orders, buy DIAMOND and a buy trend. Looks like any second we are going to reach for the stars. This is why we place “entry orders” only on our trades, they can change before they take!
Well I’ve been quietly buying the easy trade AUDJPY! 50 pip up move this morning already. Here’s the daily chart. Could we be back on the way up to 105.65? or higher? Taken small profit from EURUSD trade stepping aside for now until the madness is over.
EURUSD has closed above 200 SMA. This should empower bullish short term technical outlook.
9 minutes ago
EURUSD Stochastic (14) main line entered hourly overbought zone. Traders should NOT consider any short term long trades.
I was just forex wondering round the internet as I do from time to time and I came across an RSS feed with these two posts. As you can see, both of them are COMPLETELY opposing each other!
Use your own signals and find your own place in the markets and you’ll be ok. One of the mistakes I made early on was to read the chat on trading view, you would see two people giving completely opposite views of the markets they were trading on. In truth, I actually spent a day LOSING trades out of fear. Now, I ignore them, I agree with some of them and disagree with others but on the whole, the big traders do not participate in idle chit chat on trading platforms.