Forex Demo Testing System.

How Long Should I Test This System Befor Going Live

  • 1 Month

    Votes: 11 52.4%
  • 3 Months

    Votes: 7 33.3%
  • 6 Months

    Votes: 1 4.8%
  • 1 year

    Votes: 2 9.5%

  • Total voters
    21
ok i close a few more trades, see statement below, im looking to scale out of this last trade: :smart:
 

Attachments

  • DetailedStatement.htm
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new t/p target on last trade at 1.4850, after that im calling it a week and see you guys next week. should be intresting next week.
 
ok all trades are closed, next week we will be looking to double our account with this system. here's the account statement and see you guys next week.
 

Attachments

  • DetailedStatement.htm
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all trades this week, see statement:
 

Attachments

  • DetailedStatement.htm
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have a good weekend, looking to shoot for 100% next week.
can't wait, i just need to test this system in a few diffrent market conditions then it will be ready to go live.
 
GBPUSD breaks above 1.4779 and reaches as high as 1.4846 level. Further rise is now in favor and the next target would be at 1.5300-1.5400 area. Key support is at 1.4110, only fall below this level will indicate that the rebound from 1.3503 has completed.

For long term analysis, GBPUSD has formed a cycle bottom at 1.3503 level on weekly chart. Further rise to 1.5300-1.5400 area to reach the next cycle top is possible.
 
GBPUSD Analysis.

GBPUSD broke above 1.4779 previous high resistance last week, suggesting that the medium term uptrend from 1.3654 (Mar 11 low) has resumed. Further rise could be seen to 1.5200 zone in a couple of days. Initial support is at 1.4750 and key support is now at 1.4647.
 
GBPUSD Analysis.

GBPUSD broke above 1.4779 previous high resistance last week, suggesting that the medium term uptrend from 1.3654 (Mar 11 low) has resumed. Further rise could be seen to 1.5200 zone in a couple of days. Initial support is at 1.4750 and key support is now at 1.4647.
100% on point, 1.4647 is the key
 
if things hold we will be looking to go short, lets see what kind of signal we get at 5pm est
 
went short, also have a pending sell limit order waiting in the wings.
 

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