Mittwoch, 8. August 2012

Faith in a model: DAX, Bund, EUR/Dollar

Model update:
In the last 3 days it was hard to go along with the model. Only the oil-model delivered positive returns.
StopLoss levels were alternated - the model can do it only once  for a good reason . Bund Model is still "long" and DAX is "short" in the MokosH - world. But it is easy to follow the model at sunshine. All rules of this approach are backtested. MokosH is handling the "overfitting" in that way: same algorithm for all covered markets (forex, currencies, commodities, financial futures).

DAX: is overbought:
 The Bund Future is also due for a correction. But the overall trend seems to be changed - MokosH will use the next recovery  for reducing the tactical "Long Position" .

the underlying trend in the EUR/USDL seemed also being changed.

Life. when we face the day-by-day trouble - facing headwinds. We sometimes wish we would have a model like XYZ. Most of the time we rely on past experiences, recalling old pattern. But in times - as today in the EURO crisis we have no blueprints! So the question is: whom can we believe? God says in its word:
"... so I will be with you: I will never leave you nor forsake you..." And you know what? These words are true! Trust HIM in all your ways - He will not disappoint you

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