Overview

Mechanical trading sytem developed for DMA CFD trading

This Mechanical Trading system is mechanical by nature; meaning that all human emotion and judgment are eliminated.

The concept is to identify pattern recognition in short term trend momentum which uses statistical measures to generate long or short entry signals.

The driving mechanism is statistically engineered on basic grouping tools and indicators which include Bar Chart price analysis, Oscillators, and Support and Resistant levels, making this Trend - Stop - Reverse System dependent towards daily price action and chart analysis.

Full entry is only made if all conditions are met.

After months of testing and backtesting the system is finally up and running. The opening trade began on the 31st July 2008.

All trades are real and have CFD contracts to validate this.

Sunday, August 10, 2008

Week 1

4 trades were executed this week with 4 wins and a net profit of $1,957.

Trades were :

BXB - Long $8.24 - 2400v- Exit $8.63 - Profit $ 885

STO – Short $ 18.00 – 550v – Exit $17.09 – Profit $ 482

TOL – Long $ 6.41 – 1500v – Exit $ 6.60 – Profit $ 260

WOW – Long $ 25.90 – 400v – Exit $ 26.79 – Profit $ 331

2 open trades:

BLD -Long $ 5.90 - 1700v - Stop $5.61 - Target - $ 6 .19

NAB - Long $ 25.80 - 370v - Stop $ 24.45 - Target - $ 27.15
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