Oil Trading System & A Gold/FX Trading System

[colin78]

Hi,

Please could you review the oil trading system Oil Biz. There is also a gold trading system by the same person called SaneFX (previously Gold Trade Pro).

Thanks.

[Reviewteam]

Thanks for the suggestions, Request List, updated.

In the meantime if anyone has any experience of these systems, your input would be appreciated.


ReviewTeam - www.systemsfortraders.com

[marlintrdg]

Hi,

Please could you review the oil trading system Oil Biz. There is also a gold trading system by the same person called Gold Trade Pro.

Thanks.

IMO works as advertised, AND can be used in the US trading times I use very small lots sizes trading this system as these futures swing widely during the trade.

I use the Fx part EOD only, now testing their EA for the system. It gives very similar signals as ProFx & Sniper on Forex.

All three systems eBooks are good enough to explain the system and how to trade using it. Many will say its too simple but it does work.

Note: This looks very similar to the OLD HULL MA I used back in in the TradeStation Days, Google for it on MT4. Just a FYI as with almost all inductors on MT4 it re-draws.

When reading my posts and my experience using a system please take into account I've been doing this for many years.

[Reviewteam]

marlintrdg,

Thanks and once again your experience and detailed feedback is appreciated and taken on board.

It's a privilege to have you posting on our forum and we welcome your wisdom, as, we are sure, do many others.

Thanks again,


ReviewTeam - www.systemsfortraders.com

[colin78]

Thanks for the info marlintrdg, please update us on how the EA testing is going.

Thanks again.

[marlintrdg]

Thanks for the info marlintrdg, please update us on how the EA testing is going.

Thanks again.

Just an update, stick with the manual system, I'll look at this ea again in another 6 to 9 months and hopefully its been updated.

BTW:systemsfortraders this might be a nice system, (the manual systems), to add to review to see how you find it.

[Reviewteam]

Both are on our review list and we intend to start reviewing them early in 2010, although we have to admit Oil is a completely new instrument to us. One of us has prior experience (bad) with Gold but none of us have had exposure to Oil - we look forward to it !!!!


ReviewTeam - www.systemsfortraders.com

[marlintrdg]

Both are on our review list and we intend to start reviewing them early in 2010, although we have to admit Oil is a completely new instrument to us. One of us has prior experience (bad) with Gold but none of us have had exposure to Oil - we look forward to it !!!!


ReviewTeam - www.systemsfortraders.com

Both Gold & Oil you have to use very small bet/lot sizes as they swing wildly - I also used very wide stops but would not recommend that. Also one needs to check-in to his website a few times a day as he posts quite useful tips and observations IMO.

On the Fx side I only tried it as EOD.

Watch out for sideways markets.

[Estaban999]

By fx, do you mean the Sane FX system he sells. Only had a quick look but he seems to suggest `avoiding` FX altogether but if you must trade it, use his system.

Anyone using his Dow Trading EOD system?

[marlintrdg]

By fx, do you mean the Sane FX system he sells. Only had a quick look but he seems to suggest `avoiding` FX altogether but if you must trade it, use his system.

Anyone using his Dow Trading EOD system?

Just got and will demo it this month.