Many of you might have been wondering on how i have not been updating this blog for the past couple of days. In fact, i have also not given signals nor written any articles, nor posted anything on forums for the past couple of days. The main reason for this has been the fact that i have been a bit busy with some personal work and hence decided to take a break from forex for this week.
Forex is a tough and taxing thing and it needs me to always be on top of it to write/give proper analysis. So, instead of me spending less time on it and thus giving wrong analysis, i thought i would rather take a full break and come back stronger than ever from next week and spend more time in analysis so that i can pass on the same to you guys. So, its time for a break this week.
But this week, i have been utilising it very well to spend time with family and also work on our automated forex system along with Richard. Working on this has been a fascinating experience so far. It amazing how much of hard and thorough work is involved in this and how much of coding we have had to do. We have had to import data, write macros, check the history, collect data history, format them into the way we want it, run it through the software, optimize it, change parameters, re-optimize it. HMMM...Thats a lot of work...Isnt it??!!
But well worth all the effort so far as can be seen in our results for GU. Now we are optimizing it for GBPCHF and EURJPY and we should have them ready in a couple of months time and then we will have a better system and even better results !! Quite amazing to think of the potential.
Already, we have been contacted by a couple of funds who have expressed interest and we are thinking of having our own fund along with being traders for these funds as well. We will have to see how things go. Thats all for now !!
Thursday, July 9, 2009
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