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Simple EUR/USD Strategies

Discussion in 'Forex Trading Systems and Strategies' started by John Bozeman, Jan 5, 2011.

  1. John Bozeman

    John Bozeman Private

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    Note: These are all tested from 12/30/2002-Current in the 30-Minute Time Frame. I found these in less than 5 minutes, so don't turn into macho man if you have better strategies.

    All 30-Minute Intervals


    Monday

    Short- If the Monday 2:30PM CST bar closes higher than the previous close, and the 3:00PM CST bar closes higher than the 2:30PM bar, enter short at 3:30PM CST and exit at 8:00PM CST. If Monday's are up between 2 & 3 CST, they usually tumble from 4pm-7pm CST

    Long- If the Monday 8:00PM CST bar closes lower than the previous close, and the 8:30PM CST bar closes lower than the 8:00PM bar, enter long at 9:00PM CST and exit at 12:00AM CST


    Tuesday
    Long- If the Monday 9:00PM CST bar closes lower than it opened, and the 9:30PM CST bar closes lower than it opened, enter long at 10:00PM CST and exit at 11:00PM CST


    Success rate for these is in the 70's. I'm just starting to trade again since they have software programs that don't require coding to backtest strategies such as these
     

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