Mark Hellikson
Member
- Messages
- 85
- Likes
- 0
snaily said:JT's cable system has put me +121 pips this week
I'm long again using 4xtrend from 1.8014 on same instrument
What's the JT cable system?
snaily said:JT's cable system has put me +121 pips this week
I'm long again using 4xtrend from 1.8014 on same instrument
trendie said:Mark,
"cable" is just a affectionate term for the GBP/USD currency pair.
JTs system, many of which are free, ChowClown has kindly posted the link in his post number 216 on this thread - this is the JTs own Spot-On thread where he describes his rules.
Please read that thread - very informative.
snaily said:Mark,
JT's cable system is what je is advertising as the £ Trader for £299
Yes I did buy it. Week one plus 121 pips.Mark Hellikson said:So you bought it Snaily, and are having success with it?
snaily said:Yes I did buy it. Week one plus 121 pips.
Mark,Mark Hellikson said:Can a newbie put it to good use as well?
trendie said:In order to introduce some level of comparisons, it was decided to run, in parallel, JTs breakout system, and the TrendLineGBreak.
Both are relatively simple methods to use.
By comparing the results of 4xtrend against TLB and JTs breakout system, it was hoped to see if 4xtrend was worth pursuing.
JTs systems can be triggered during the day.
TLB at around 1am on Tuesday morning.
4xtrend has to be monitored 24hrs a day, as you dont know when a trade is likely to be triggered.
It has only been going on for a couple of weeks.
I am looking, retrospectively, at what the JT and TLB would produce.
I am expecting someone who actually uses 4xtrend to post their results.
I would think 3 months would be a good baseline.
Early days...
Pervaz said:I had a look at the above forumulas - and the values do not match up with FXCM
It could be there is some optimisation (especially with the 5 and 30 MA)
timcannell said:Can anyone with experience enlighten me as to the benefits / disadvantages of using a broker or a spread betting company to trade say a 15 minute forex chart ? Im leaning towards spread betting because of the tax, commission and improving tight spread situation.
The only thing which I am concerned about is a spread betting companies manipulation of the spread. Is this a valid concern and indeed is it reason enough to go with a broker instead ? Ultimately I am looking to automate a system. I would love to hear people's views
trendie said:JT breakout comparisons:
Sept 27: GBP/USD: 7-8am values; high= 1.8066; low= 1.8053.
Sept 27: EUR/USD: 7-10am values; high= 1.2275; low= 1.2246.
PS: the gbp/usd has already broken out of the range.