June 29, 2007
Euro Currency Neural Net Model
It looks like my Euro Currency Model is being vindicated for the long term trend. It wasn’t sensitive enough to pick up this 1-1/2 month intra-trend correction in the EURUSD pair. Luckily I hung in there during the downturn and I’m starting to show a little profit again.
I’m going to have to rethink my Forex trading plan one more time, this “no stop” theory really stinks and made me deal with a lot of pain. I used to get stopped out a lot so this time I’ll use a percent volatility type of stop.
[tags]NeuralNets, AI, Forex, Currency, Trend, Model, Euro, Dollar[/tags]
