» 2005 » November

I add a new trading tool. I made it as simple as I can. This is a position sizing calculator which will help you to determine the best size of your position. The system adjusts the size with the pair you trade, your equity, the entry and exit prices and, of course, the maximum risk per trade.
After each analysis I add a button “Position sizing” which calculate the size for the trade I propose. See for example AUD/USD analysis (currently the button doesn’t work on others analysis; it should change when I’ll update the analysis)

Direct link to Position sizing tool

Your equity and your risk are saved in a cookie. The data are saved on your computer, nobody use this information.

Please report bug and suggestion

On my personal account I try to risk less than 0.25% of the equity on each trade.

The analysis are based on Mataf Trend Indicator (MTI). The MTI has a similar representation as Wilder’s Parabolic, but it’s not a SAR (stop and reverse) system. The range configurations are filtered by the MTI, the indicator only give signals in a trend.
I don’t know miraculous indicator, the MTI is not a cash machine but it often give very good trend.

My last trade based on MTI was a long on USDJPY. The configuration was great: daily, 4H and hourly MTI were in a bull configuration, the trend appears clear enough to be traded. The 1st of November I bought at 116.50 with a stop at -30 pips. After 4 days I sell with a 100 pips profits.

I hope this post will give a good explanation to people who send me email about Mataf Trend Indicator. I won’t give the code but I can answer to questions.

Tomorrow, I won’t post technical analysis. I go to a french trading expo.
I hope to meet John Bollinger and Mark Etzkorn (Active Trader Mag and Currency Trader Mag).
Have a nice break.

Currently i don’t find interesting trade opportunities. Except with USDJPY.
I have only one position on USDJPY. I bought the pair at 116.50, the stop is just above the entry point now and my target is 117.50.

I’m still waiting for a good trend to make a lot of money :) while waiting you could look at this or this…