ARTICLE SYNOPSIS ...Forex Focus by Patrick Nouvion Backtesting And Forex Does backtesting produce valid results for foreign exchange trading? Here's a study that answers this question. For many years, backtesting and simulations have been banished from my toolbox. I only use these tools as debuggers and I never look at the results. I have told people that backtesting is useless without actual historical tick data, and only a dreamer would believe all these simulation reports. I just got my hands on historical tick data from my broker, so I thought I would do some testing. I decided to check to see if I was wro...
ARTICLE SYNOPSIS ...Stocks & Commodities V. 25:4 (14-17): Forex Focus: Recycle Your Data by Patrick S. Nouvion Access to foreign exchange trading has opened up exciting trading options for the retail trader. You can now trade alongside corporations and institutions in a highly liquid market that is global, traded around the clock, and highly leveraged. Before jumping into this market, however, we must understand the factors that affect the forex market. With that in mind, STOCKS & COMMODITIES has introduced Forex Focus to better prepare the retail trader to participate in the currency market. My job has always ...