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.

Monday, September 22, 2008

LONG AMP, WBC

These 2 entrys are a reminder why rule (2) in the system is so important when looking for an entry position.

RULE (2): ENTRY POINT IS 2.5% FROM PREVIOUS CLOSE.
RULE (3) IF ENTRY ISN"T MADE THAT DAY THE TRADE CLOSES.

Long AMP 7.18 - 1400 vol - Stop 6.82 - Target 7.54

Long WBC 24.13 - 420 vol - Stop 22.94 - Target 25.32
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