1/31/2011
1/30/2011
1/28/2011
EUR/USD
Setup follow up: Taking in consideration, the day, time and proximity to Target, (+ round number) closing the trade is recommended. Setup closed +146, 7 pips as Drawdown.
1/27/2011
dlvr.it & Facebook
dlvr.it is not re-posting on Facebook. I'm currently working to resolve the issue
EUR/USD
At Major Resistance, It has shown some rejection but it is testing it consecutively for the third time (smaller TF) which may be unfavorable for the setup.
1/26/2011
1/25/2011
1/24/2011
1/23/2011
1/20/2011
1/19/2011
GBP/USD
If we get a weekly pin bar, some bears may be stepping in, so far it was unable to close above Shoulder Line
1/18/2011
1/17/2011
New Features will be added
Hello,
In an effort to show impartial results, the performance will be calculated using only the beginning of the range as the entry point, not the midpoint as it was used before. A slight change in the results can be expected as the negative results will increase and the positive results will decrease by about 1/2 of the entry range size.
In addition to the usual data, the R multiples will be shown in order for anyone to be able to find the Expectancy
Also the system used in our setups will be measure by the Van Tharp SQN The formula to calculate the SQN is: SQN=root(n)*expectancy/stdev®
Where:
• root(n) – the square root of your number of trades
• expectancy – expectancy of your trading system in R multiples
• stdev® – standard deviation of your trade profit/loss R multiples
• 1R is your initial risk on a trade.
Here’s the interpretation of SQN scores (n=100).
SQN Score............ Quality of the System
1.6-1.9 ................ Poor but tradable
2.0-2.4 ................ Average
2.5-2.9 ................ Good
3.0-5.0 ................ Excellent
5.0-6.9 ................ Superb
7.0-..................... Holy Grail
Best Regards,
FCS Team
In an effort to show impartial results, the performance will be calculated using only the beginning of the range as the entry point, not the midpoint as it was used before. A slight change in the results can be expected as the negative results will increase and the positive results will decrease by about 1/2 of the entry range size.
In addition to the usual data, the R multiples will be shown in order for anyone to be able to find the Expectancy
Also the system used in our setups will be measure by the Van Tharp SQN The formula to calculate the SQN is: SQN=root(n)*expectancy/stdev®
Where:
• root(n) – the square root of your number of trades
• expectancy – expectancy of your trading system in R multiples
• stdev® – standard deviation of your trade profit/loss R multiples
• 1R is your initial risk on a trade.
Here’s the interpretation of SQN scores (n=100).
SQN Score............ Quality of the System
1.6-1.9 ................ Poor but tradable
2.0-2.4 ................ Average
2.5-2.9 ................ Good
3.0-5.0 ................ Excellent
5.0-6.9 ................ Superb
7.0-..................... Holy Grail
Best Regards,
FCS Team
1/16/2011
1/15/2011
Performance Report & Chart of the Week
All charts corresponding to January 3rd to 7th, the performance report for January 10th to 14th and the Chart of the Week are available for download.
Please visit our site
Please visit our site
1/14/2011
AUD/USD
I had the Tomato level as the line in the sand, it is currently being rejected and since the TL is already broken we might see a visit to green one. (See chart for details)
1/13/2011
1/12/2011
1/11/2011
1/10/2011
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