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Tokyo, Japan
Experience: Intermediate
Platform: S5
Broker: Stage5
Trading: Commodities
Posts: 38 since Dec 2015
Thanks Given: 12
Thanks Received: 22
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Earlier today the pound was moving my way, lower, and my trade was in the green. Around noon UK time Andrea Leadsom decided the PM race was not for her and now I'm getting my head kicked in on the pound once again. The trend is still down and so I'm still in it.
In my work to re-examine how I define a trend I can see that a simple moving average cross has promise. I haven't purchased AmiBroker full version yet so haven't been able to do optimization testing. Initial testing I can see that energy, metals and softs work well but indices, currencies and rates perform horribly. I don't expect all sectors to perform well, that would mean I was curve fitting or only using correlated markets, so as long as over the long run I have a positive expectation then I will start implementing this new style for trading.
This is what happened with the new PM for the UK became clear. I can't imagine that this is good for the UK as it bring them closer to leaving the UK. When countries want to punish other countries they bar them trading and from immigration via UN sanction so a UK self imposed sanction doesn't seem like a positive step to me.
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