MONTHLY WEBINAR: Building a mechanical strategy
740 views · Published 20 August 2010 · 7:35 · Indexed 30 September 2026
Channel: FXStreet · 2010 · Education
View full webinar: http://www.fxstreet.com/live/sessions/session.aspx?id=d8c5d03d-a06f-496e-8b22-6a7175eee4de Expert: Gonçalo Moreira, Expert Advisor at FXstreet.coms Summary: How is a trading strategy or system designed? We want to bring you to the next level in your education showing you a step-by-step system created from a very simple observation: most daily candles break the H and/or L of the previous candle. Does it sound too simplistic to build a strategy upon? Five years of backtested results will prove it's possible. In the previous webinars Gonçalo presented on Trading Plans, you learned how important it is to build a personal market theory, that we called the Inventory. This time, in this special MONTHLY WEBINAR, we will elaborate an hypothesis and capitalize on those original ideas, acknowledging an extremely important aspect most novice traders neglect: you can't just copy a trading system or method - if it doesn't emerge out of your belief system or if it doesn't fit into it, it will be very difficult to follow it.
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