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Currency Futures

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  #837 (permalink)

London, UK
Trading Experience: Beginner
Platform: NinjaTrader, home-grown Java
Broker/Data: IB/IQFeed
Favorite Futures: EUR/USD
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Posts: 1,085 since Dec 2010
Thanks: 471 given, 782 received

jtrade View Post
Better than nothing, but so much left on the table...

Isn't that true for everyone everyday? There's a statistic I use for judging mechanical systems called "% of perfect profit" which is the amount you took off the table - where perfect profit is the sum of every bar's true range. Typically % perfect profit comes in around 0.01% for a decent mechanical trading system, of which I've only seen 1 or 2 in my life.

But to stay on topic: what's the next big Resistance level above where we are now at 1.3000?

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