Simple Forex System Trading

For those who like to look at the big picture and trade currencies in a larger time frame, this is a very good read on PFX Global.  The articles talk about whether fundamental trading systems can be profitable, how to manage risks, how to back-test, and lots more information.

I halted the euro yen 30 / 30 system in April because this pair’s performance was not consistent.  After testing it out in demo and doing some statistical research on its historical performance record using this method, I am bring it back with some minor changes.  Primarily, the changes are the definition of the previous day high and low.  The details are documented on the set and forget trading system page.