During the month of April, the fourth month of live performance, the system kept running on complete autopilot, with no code upgrades or parameter changes. This document consists of a summary section followed by 14 subsections, dedicated to the individual exchange rates tracked by the system. Those contain color-coded charts of the performance and details pertinent to the specific currency pairs. For comparison with the previous month, you may want to take a look at March review.
April performance review for Danica-9am algorithmic system
Source: forexautomaton.com
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GBPUSD rebounded from 1.5977
Being contained by 1.5962 support, GBPUSD rebounded from 1.5977, suggesting that a cycle bottom is being formed on 4-hour chart. Further rise...
Graphical analysis of trading system's simulated track record. Step Two algorithm, USD/CHF.
This USD/CHF back-testing analysis continues the series which began with EUR/USD. Simulated track records of six best Step Two algorithmic traders are studied graphically. For a more numbers-oriented approach to performance, see the article explaining the trading system optimization process which...
FX market in choppy consolidation
The USD is maintaining its gains from Friday night and it seems to have the momentum on its side at the moment. We may have to wait for Europe to come in before we see any major moves as Asia is doing it’s usual consolidation. The most likely big move would be if USD/JPY can break...
Usd/Yen soars on Payroll surprise
Usd/Yen is off to the races as the Payroll data far exceed even the most optimistic expectations. The only dampener will be the higher unemployment rate. Trading at 97.40 now, resistance is seen...
AUDUSD breaks below trend line
AUDUSD breaks below the trend line from 0.8632 to 0.8905, suggesting that a cycle top is being formed at 0.9221 level on 4-hour chart. Range...