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Holygrail

I've been looking for the Holygrail in forex for the rest of my life. Recently I really found it.

"The real holygrail in forex is to understand there is no holygrail."

That's it. The one who are able to understand what's that mean will really find the holygrail.

- BlueDreamFx-


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Friday, December 4, 2009

Base USD and JPY


9:52 GMT+8

The current signal became like the above picture.
The JPY extremely weak while the USD became extrmely strong. Both USD and JPY dominte the market movement.
Base JPY pairs became strong BULLISH while base USD pairs became strong BEARISH. However, it wasn't a big deal because we already able to understand what was going on.

The only thing that I'm not satisfy about this EA is the EA wasn't able to identify "spike" on the market. So my hypothesis on filtering the market movement using multi-pairs considered inefficient . That's why it make mistake on the last 2 trades, EJ and GJ. Already cut loss. This is the price for this knowledge.

So I will hold this project for a little while and I will try to find the best solution on how to handle spike. Whether to handle it or to find any method which is not influenced by spike

p/s : straight - from M5 to D1. It may also a signal but it's happen very seldom. It will need much time to find out... because the EA cannot be backtested by strategy tester.

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