Changing of the gaurd

It's been way too long since my last post. There have been some changes in the rankings of decent trading systems as well as some fall out. And we ahave a newbie to add to the rankings.

Firstly, the Neuro-Martingale Stoch set up on the EUR/USD mini account of $400. This set up was doing really well. Since March 6, 2009 almost 32% ROI. Along with another Neuro-Martingale Stoch set up on the EUR/USD standard account of $5100. Again this set up was doing realy well with 88% ROI since starting December 8, 2009.

Both of these set ups for the EUR/USD failed a week ago. This shouldn't be a surprise due to the nature of the Martingale beast. If the currency pair takes a hard swing in the opposite direction while the Martingale is activly taking trades (Indicator initiated) then there is the chance of bottoming out your account if the trend doesn't pause for correction. It's in the correction that the Martingale shines.

On a lighter side of the Neuro-Martingale Stoch, the USD/JPY set up is still pushing farward with a ROI of 5.5% since March 29, 2009 (5 weeks) and virtually no draw down on the account. I have since reset the Neuro-Martingale Stoch on the EUR/USD Mini account with a third of the original lot size.

VForce EA isn't doing so well. It was showing alot of promise for the first half of it's life on the demo account but at present it has given back all profits and then some. Of course with these developments the combo account (VForce and Neuro-Martingale Stoch) isn't doing so well and presently sits at a loss of over 50%.

On the up side I have begun testing on a little gem from the TSD Forex Forum called TSD EA. It simultaniously sets up trades on 11 currency pairs. Or you can edit the code for more or less pairs to your liking. This one just went live a few days ago and comes from a long line of testing and development, so I'm anticipating a long a prosperous life on the demo account.