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]
