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11/02/2010 by admin.
Losing trade today for Dow Trader. The positive thing was that the result was up on the site almost straightaway - obviously better to have winning trades but nice to see the author acknowledging a loser quickly.
I talked the other day about the 5 min strategy using the same Dow Trader template, well i think it may be a bit too hectic to run alongside anything else because it produced 28 signals between 7am & 4pm. the Dow was ranging quite a bit which was causing the direction change signals so its not always like that but i dont think i could run that & Black Dog.
The author also sells an Oil Trading system which i dont have but results, again, look impressive. Interestingly, though, just out of curiousity i applied the Dow Trader template & signal indicator to the March Crude Future chart and back-tested it. Using a 50 pip profit target with 25 pip stop (plus some other entry rules & trade management) it made 440 pips in december, 75 in january and 365 so far in february. That was only trading from 7am - 1pm as well.
His Oil Trading system must have some different settings because he’s got 750, 493 & 220 pips recorded for the same period. Still its a nice little ‘free’ bonus if you dont want to buy the Oil System to be able to use something that potentially looks profitable. Over a longer time frame as well.
Dow Trader +15 pips
For more info on Dow Trader Click Here
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11/02/2010 by admin.
Classic BD set up on the eur/usd on the 11.45 candle which went through the 15 ema and then reversed. everything pointing in the right direction and it was an easy 20 pips - as you can see it went onto to make about 120 pips but more than happy with the 20.
Running total +992 pips
You can get more details here Black Dog Trading System
Posted in Black Dog Forex Trading | No Comments »
11/02/2010 by admin.
Looked a bit quiet this morning on my pair - the aud/usd had a 100+ pip move overnight and was way too far away for the 15 for any trades - so i looked elsewhere and found a set up on the nzd/usd. i bailed out when it went to +15 as it looked to have run out of steam.
Running total +972 pips
You can get more details here Black Dog Trading System
Posted in Black Dog Forex Trading | No Comments »