B
Black Swan
a subdued end to the year. effectively, my recent losses were the profits from Sept.
So, Oct/Nov/half-Dec wiped out Septs profits.
backtesting where I stop trying to be clever and take the 70/30 Stochs as trend-change and just take the 50 as trend change would have been the same(ish) for good trades, and weirdly same(ish) for losses.
nett difference = marginal. but fewer trend-reversal signals on choppy days, ie, dont get hit for "3-losses and out" as often on a choppy session.
(but, i think I leave more on the table, as I wait longer if a reversal takes place. this last comment an eyeball observation, no data.)
EDIT: putting aside my emotions, was a good year. so will still be in the game for 2011.
Trendie, on the subject of stochs, their supposed simplistic vanilla *value* is to tell if a security is oversold or overbought...how on earth can that work in FX?