[Thoth]

Forex Model and Stats - I hope someone finds these useful cause I worked hard on this. It is currently an end of day stat thing. I like the inside day narrow ranges when they happen. I think there are lots of good trades setups there and the mechanical system trades are good IMHO.

http://www.geocities.com/maxux34567/

click on the blue icon for stats.

I will try and keep these updated every day if there is intrest.

[Reaver]

Hey Thoth that is good research info. Is this something you plan on keeping updated?

Thanks. I am gonna give you a thumbs up on the vote.

[Thoth]

yea i have been working on that thing for years cause i wanted something clear and easy to read. thats the stats part of it, where the blue icon is clickable. all those stats just keep getting bigger and i keep adding stuff.

the system part of it "i think" is good for an end of day system - it catches all the moves just about. i just thought what the heck see if i get feedback to make improvments and maybe i can get better and make it better too.

there is so much junk out there. i figured my junk was as good or better maybe, let others decide. thoth

[notouch]

That's excellent Thoth, thanks. I trade a lot using daily charts (looking for a close above the high of the low or a close below the low of the high mainly) and I've also been reading Crabel to see how that may improve my win ratio. Your stats should come in useful.

[Thoth]

Crabel is my hero, but I can't trade using his stuff. I like it and I look at it all the time - that's why you will see so many Narrow Range stuff on my pages. But I am a momentum trader, I like momentum and understand that it seems. I also do lots of correlations between pairs.

Also note last night I added Forex Related news to my site - its at the bottom of the stat page.

Thoth

[notouch]

What timeframe do you trade momentum? I use a combination of daily and hourly but Crabel went for the 5 minute charts for his opening range breakout trades. I've never had much success with anything less than the hourly charts in forex.

[Thoth]

I also use hourly - and daily as a filter.

All the best,
Thoth