The Omicron Forex Trading Manual by Seamus McKenna

Author:Seamus McKenna [McKenna, Seamus]
Language: eng
Format: mobi, epub
Publisher: Kindle
Published: 2012-09-15T04:00:00+00:00

During the course of the week starting on Monday August 6 2012 and ending on Friday August 10 2012 the Omicron Forex breakout algorithm made five trades. It could have made more but it is programmed to refrain from new trades when there are currently open positions under management. The example here deals with only one pair but in practice five pairs would be involved in trades simultaneously in order to get the benefits that accrue from diversification.

No day in that week was judged to be unsuitable for trading. In other words, no day was known in advance to be a day when there was a probability of bi-directional volatility of a type that would trigger the trades and their stops in rapid succession.

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