Jimmy wrote: Sat Sep 07, 2024 6:45 pm Attached are results of trading the Beatlemania system on a real account as per instructions using the 1 hour timeframe.
Good question brother. I choose the top 6 historically volatile forex pairs and I don't trade majors as price movement in the majors is confusing.Tradehunter wrote: Sun Sep 08, 2024 12:42 am Hi Jimmy,
What is you method for finding the most volatile pairs?
I try to trade all 28 with a currency strength method and find it is not working very well.
(Specific website, timeframe or indicator?)
Thanks!
Oftentimes you'll find with the majors it's a downright chore to make even 20 pips before it reverses or mucks about, next thing, you're stopped out.
The minor pairs cost a bit more with spreads and swaps but when there's a signal, it's solid because the pairs actually move.
Speaking of volatile pairs, this year some of the major JPY pairs like USDJPY and GBPJPY have been unusually volatile due to the BoJ intervention schemes so I've only picked one of those pairs to use (GBPJPY).
PS: I don't check which pairs are volatile each and every day. I simply select the top 6 historically volatile forex pairs from the spreadsheet I make each year (using ATR and ADR for computation) and i'll publish the chart then trade those for the next 12 months.