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Introduction
January 2019 was my best performance in the Strategy Contest with a 1st position bringing my total earnings from the contest to $6,600. The strategy was ‘prophetically’ named Breakout_year_2019_Jan and it delivered the best result possible.
The strategy was based on 2 currency pairs, the EURUSD and the USDJPY on a 1 hour time frame. The pairs were chosen because of the relatively low bid-ask spread and high liquidity which results in low slippage. The hourly time frame was chosen…
January 2019 was my best performance in the Strategy Contest with a 1st position bringing my total earnings from the contest to $6,600. The strategy was ‘prophetically’ named Breakout_year_2019_Jan and it delivered the best result possible.
The strategy was based on 2 currency pairs, the EURUSD and the USDJPY on a 1 hour time frame. The pairs were chosen because of the relatively low bid-ask spread and high liquidity which results in low slippage. The hourly time frame was chosen…