Last year was difficult and a little frustrating. The overall market was down, but the worst part was that it was very volatile in the second half, due to the European panic. For my system, this meant that quite a lot of buy signals were generated and then stopped out - in trader's lingo I was whipsawed.
2012 has started better but the ASX is really trailing the US. Perhaps we now have more correlation to the Shanghai Index than to the S&P500?
