The Forex Market waits for no one...

The next natural step when done with Historical testing of data, is to do forward testing in a live environment... This forward testing of data is the ultimate in result as it is the defining character of your Trading Expert or strategy... It doesn't matter how good your historical results are until you've proven it in a live environment with forward testing.

This is a very important fact: Many managed funds out there shows only historical results gathered via backtesting. It doesn't mean sh!t. If you are looking at investing into a managed fund, make sure that the results they show or give you, is true results and not just backtested results.

So, the next step in my conquest would have been to live forward test my data on a Demo Forex account.... And I started doing it... Only problem was, my internet connection is seriously KAK so the figures I have in my eyes are not 100% correct and as such I'm not willing to post them.... Even so, until such time as my internet connection gets sorted out, my forward testing will be biased. I might just give small blocks of time where the connection has been stable.

That's another good point. In doing any kind of Foreign Exchange Trading, you will need a semi-decent connection. I'm not saying you need to get an 8MB line just for your forex, but you would need a connection that's stable and always on...

SO, where does that leave us now? My initial idea was to just move on to the next forex advisor and test that... But, a forex bulb sprang on in my mind and had my clogs churning as quick as they have ever gone... I've read a few books now where it's mentioned that timeframe might be more important than some of your indicators... And I can prove this... Will show you my early trade reports done on my own where me and a friend was trading at the exact same company, me trading 1H/4H and him trading 1M/5M... We were constantly on skype communicating and sharing ideas, and talking about the market and what was happening... On an average day, I wooped his butt simple because I had a broader view of the market than he did...

This got me thinking about forex advisors and automated forex traders in general... If we are going to do this research 100% completely and look at it from every angle, we should be using all available timeframes to do our testing in... What would it mean to you in your pocket if you ran a system in one timeframe and I ran the same system in a different timeframe, but we got different results....

You get where I'm going with this.... I'm back to backtesting my 87% in 2years system, the results below was derived from 1Hour timeframes... I'm going to bump it up to a 1Day timeframe as well as drop it down to a 1Minute timeframe... Check for the first report to be out within the next 24 hours or so... once I have the report, it will be posted here...

Any comments or ideas regarding this, contact me at managedforexblogger at gmail dot com