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  1. M

    FX system traders

    1500 for programming lessons! Wow thats quite steep. For the current system I used I just got a programmer to do it for me for 130 dollars lol. But I can understand that it may be possible that the programmer will steal the idea (not a problem for me as my programmer is a high school kid who...
  2. M

    FX system traders

    Yea I am actually trying to convert some ideas I have into TS as their backtesting capabilities are supposed to be good. Currently I use Metatrader which is a very good platform although they definitely need to work on their backtesting capabilities.
  3. M

    FX system traders

    Felt that all systems traders were trading the indices or the commodities. Any of you guys trading FX spot or futs? Whats you style? My style falls under mean reversion with trend following aspects. Basically the goal is to identify areas of overextension and reduction of price momentum to...
  4. M

    day dream !

    I have made money for almost 4 years trading (equities mostly but FX more so now). I know of a trader who has been profitable and the minimum he has made per years is 6 figures for 5 years running. I have seen people who run funds with hundreds of millions to manage who make money. You see...
  5. M

    Systematic FX Trading Journal

    Slow day. Lost a grand total of 12 cent in FX. Lost 16 dollars in equities. Nothing big to report.
  6. M

    YM Traders

    Nice to see you here mark. Good trading to you. Cheers.
  7. M

    System Development with acrary

    I have a question. Say you trade the following basket with the appropriate correlation factor. How can the correlation of the entire basket of currencies be judged? I am not sure how to go about doing this. Thanks.
  8. M

    System Development with acrary

    Acary>. Excellent stuff especially for a systematic trader like me. I especially like your method of doing correlation analysis of models as well as products to determine weighting of capital. Personally I do look at correlation among securities but I never used the correlations to weight the...
  9. M

    Cascade Investment LLC holdings ?

    Isn't that Bill Gates fund?
  10. M

    Systematic FX Trading Journal

    From next week I am switching over to trading solely the automated quantitative models. On a number of pairs that will offer some solid diversification. I will also enable low risk on them by having them risk around 0.6%-0.85% per trade. I will be very busy from now until around mid to late...
  11. M

    Systematic FX Trading Journal

    A small gain today as I got stopped out with a $310 dollar profit due to a sudden spike. From my entry price declined to nearly 100 pips which is a bummer that I missed most of the ride. Still not a bad gain for the week overall. MUSAW just moving along slowly. Nothing terribly important...
  12. M

    Systematic FX Trading Journal

    Missed a great short GBPUSD opportunity today due to school. Would have been a nice 100 pip move too. Both quant models showing downwards trend with no reversal. Support on the intermediate timeframe at the 1.7884-1.7890 region. Both daily and H4 shows a support at 1.7815. Therefore, entered the...
  13. M

    Option replication and exotics journal

    :D Talk about some serious risk return ratios. 2+ sharpe is good nuff but 5 haha. Keep it up bud.
  14. M

    Systematic FX Trading Journal

    Stopped out at 1.8115. -$300 loss. Will seek more opportunities later.
  15. M

    Option replication and exotics journal

    Looking nice man. Thats around a 7% return on your sub account right?
  16. M

    Systematic FX Trading Journal

    Current situation with GBPUSD. There is some resistance at 1.8026-1.8040. If this region can be broken a nice move to the next resistance should be expected which exists around the 1.8207-1.8220 region. These areas correspond the S&R levels on both H4 and D1 timeframes which further increase...
  17. M

    Systematic FX Trading Journal

    Sorry about the lack of updates folks. Been a little busy. Have been continuing the part systematic and part discretionary trading method with some pretty solid results. My initial risk on many of the positions have been very tiny compared to my payback which is always great. Basically I am...
  18. M

    Post Fed. Trade

    Projection path:
  19. M

    Post Fed. Trade

    This interest rate hiked was what I was waiting for. I am entering short oil and short gold at the open. I believe that the oil market is overpriced due to inventory levels. This time of the year also marks the ample time to short (late September region) after a 20 year seasonal run up from...
  20. M

    highest move in currency

    That was Soros is 92. The first currency trade Buffett made is short the dollar in the 2001-2002 region in the vicinity of 1-1.12. It is still open as of the last meeting of Berkshire Hathaway.
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