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(req) J@mie M@rsden Forex M0rning Strategy (Set Time)


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Here's a review of this system which is only 19.99 gbp....mmmmmm........

http://www.systemsfortraders.com/forex-trading-systems/50583-jamie-marsden-forex-morning-strategy-set-time.html

However it does give some reasonable results.

I'm intrigued to see what its all about...so if anyone has it can they post it please.

This is his website.

 

http://jm@[email protected]/apps/webstore/

Edited by hermanhess
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Thanks for share harry.

 

Just finished reading the ebook. Interesting twist on pre London session open trading. Should be easy enough to do a back check and see whether this has been profitable or not.

 

Also, unless I have skipped some sections on the ebook, not sure why he mentioned MACD and Stochastics in the Chart Configuration section, but never mention these indicators again in the rest of the ebook.

 

I can only assume we are to use them for divergence readings.

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I don't hold much store by back-testing but I looked at a few pair and at the three 'magic' candles.

Couldn't find a winner amoungst them,

 

Don't let that put you off!!

 

Essentially it is look at the 07:15, 07:30 and 07:45, in turn. When one changes you bet on it.

 

We need Kraven to look at this. He is very aware of the changes that might or might not happen at 07:00 when Frankfurt opens. Occurs to me that perhaps the 07:00 candle may be the indicator.

 

I will have a look at that.

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  • 1 month later...
  • 2 weeks later...
Visual "backtest" for the last couple of weeks shows really bad results.. or I did not understand the strategy properly :-)

 

The Author send me this results:

 

Month Earnings

July 2009 310

August 2009 155

September 2009 221

October 2009 65

November 2009 509

December 2009 384

January 2010 39

February 2010 127

March 2010 238

April 2010 48

May 2010 220

June 2010 213

July 2010 280

August 2010 122

September 2010 131

October 2010 179

November 2010 85

December 2010 120

 

 

that's I think is a little tricky, you have to check the candle carefully, has to calculate your risk, best you have a table pipvalue/SL, and if you decide you must quick pull the trigger.

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