Our Forex day trading system might have a new home soon. Today is the second day that we have been testing the Strategy Runner day trading system with Currenex. The executions have been pretty fast so far, even though the Forex market hasn’t provided us with the quick trading opportunities we like.
Tommorrow’s PPI (Producer Price Index) numbers and Friday’s CPI (Consumer Price Index) and Consumer Sentiment reports will probably create ample market volatility to put our managed day trading system on Strategy Runner through some more vigorous testing. I’ll keep you posted on the outcome.
We continue to monitor the live performance of four additional traders. These individuals are running their Forex trading systems on MT4. Two use some automation and two are fully automated. Nigel is helping us look for other traders as well.
Today I started testing an MT4 day trading system with institutional (non fixed-spread) pricing which shows promise. By next week I should also be testing a Beta version of another MetaTrader system with Currenex pricing. Either one of these might also be viable alternatives for the Forex robot day trading system.