Hi all and I hope you are all having a great weekend! Well I have not had a lot of time this weekend to do much back testing on the Stormy Weather trading system, but I thought I would pass on what I have so far, as well as give you the worlds first screen shot of the system.

First the results, in case you don't know, I am based in Australia, so I thought I would do a very quick test on what would have happened had I traded the very basic version of this system only in the asian session (usually a very quiet time in the markets). Below are the results on my 5 favourite currencies, I have not tested the others as yet (such as AUD/USD and NZD/USD that I trade at times:

Look promising? Indeed it does, although I premise those results with the fact that the week just gone saw some impressive moves up and down which won't always happen. In saying that though, the results above took just a tiny portion of the giant moves in the USD/JPY and EUR/JPY that was seen this week, so, with a more advance money management system employed, things actually could have been much better, especially consering this was only the Asian session trades.

Ok now for a screen shot, below is the 15M chart of the USD/CHF during the week:


The very basic method of trading this system is to go long on a close above the cloud (green arrow) and short on a close below the cloud (red arrow). This week, that basic principal worked well on most of the currencies, more details will follow as I finalise everything.

So there you go, very early days, but things are coming along, more details to come soon as I complete more backtesting. Have a great Sunday!

Happy trading!

This entry was posted on Sunday, December 18, 2005 at 12:35:00 AM. You can skip to the end and leave a response.