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Thread: BGX Forex Strategy

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    Default BGX Forex Strategy

    Hi,
    Is anyone know about BGX Trading System. I Have been using this for testing. And It seem It's a good strategy to trade GBPUSD, especially when I added Damiani Volatmeter to determine a trend. I have been writing my trade journal using this strategy at http://www.bgxtrading.blogspot.com you can download ebook and indicator about BGX strategy at this web blog

    I Hope It will usefull
    Thanks

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    Thanks for this dude.

    It looks like a decent method. However, if the markets are ranging for long periods, I'm not sure how it will hold up...
    Last edited by forexmoments; 12-20-2007 at 06:23 PM.

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    Director of FXOpen Aus FXOjafar's Avatar
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    Default

    Quote Originally Posted by forexmoments View Post
    Thanks for this dude.

    It looks like a decent method. However, if the markets are ranging for long periods, I'm not sure how it will hold up...
    Thats a good point. Apart from weirdness surrounding the pound, the market is essentially flat for the end of the year. Time to think about not overtrading
    Jafar Calley - Director
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    Couldn't agree more. Unless you're an exceedingly skilled discretionary trader, it would be highly advisable not to trade the next fortnight.

    The market gets back to it's usual volatility by latest mid-Jan.

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    Default

    I tested BGX for a period but it didn`t give so awsome results so i quited all strategyes that include MA crosses. With these you only get on the trade late and miss half or more of the pips... and when it really gives me the nerves is that when the market makes fast movements after high impact news

    I use now only MACD and RSI on 4h and 1h and Stoch + SAR on 15 mins for my entry + divergence trading

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