I have been quite slow in posting lately as I was trying to pick up a new skill of setting expert advisors using metatrader. Metatrader is a trading software that allow us to program and set up customized indicators for us to monitor the market. Metatrader also have a strong advantage as well, it allow you to program an expert advisors (EA) that we can trade in the Forex market.
I have just programme my first metatrader trend indicator, you can download it now!
I tried on a simple moving average trading system and I manage to achieve a 3.5% ROI in one single day trading EUR-USD pairs.
ROI is 3.5%
Profit / Loss ratio is 3.6
Percentage of Winning Trade is 55%
Let’s find out more…!!!
US annouced some unemployment number last Friday, Federal Reserve Chairman Ben Bernanke said yesterday that a fiscal package could help revitalize the ailing U.S. economy and it is annouced today that retail sales fell twice as much as expected during December. Sound like all bad news and US market indeed is retreating its earlier gain.
While I was taking a rest from the stock market, I was also spending a little time to understand more about the Forex market. I was also testing some strategy using the EMA (Exponential Moving Average). To my surprise, the MA indicators seems to be working pretty well during my test today.
In order to help all fellow traders sharpening our skill in the stock market. I have uploaded Foreign Exchange (Forex) End of Day (EOD) data for you. This is additional feature to the Gold Mastermind club for fellow inner circle traders.
You can now simply login to our Gold Mastermind Club to download the data straight away.
