Tuesday, October 18, 2011

FX strategy

Been doing some testing on some FX (forex) strategies lately, basically a confluence of strategy... Not bad, up >100pips on EURUSD short signal in <24hrs.

Not really into FX as I think forex is like 10x harder than stock, maybe because I am much more familiar with sg stocks. But since so much hooohaaa about forex, people (those advertisement in newspaper) claim they can make millions overnight, so I decide to take look and do some testing. Btw, I am NOT testing their strategy and has no intention to.
I think stock market is easier but forex market is bigger and more liquid, and can cater to big players who need huge liquidity.
Thanks Elliot for sharing FX info with me (must give credits where it's due) :)