Morning Anthm, my thoughts on your idea on 123.6/-23.6 break! I'm looking at my hands and watching the blood pour out of them from trying too many times to catch the falling knife. In some of your examples the move was quite well established and you were trying to join the party quite late. I'm not saying don't do it, but keep plenty of bandages handy, you'll need them.
This was covered to some degree with BV, check the link below and go to post 309 and read through a couple of pages, you'll get the drift. http://www.forexfactory.com/showthre...405552&page=21...Ignored
Ok point taken, so just to confirm, If in congestion we wait for a break of the -23.6 or 123.6 then we MUST wait for a bago signal either a ma cross with a cross of the rsi OR ma cross and ma re cross for possible continuation. These are the only two possibilitly for entry, Is this how you see it? I am happy as you know I love the rules set to follow, it just means we miss the occasional trade that does do like the one in my example. Which having read after your back testing should not be many.
Enjoy your week away and enjoy Sundays rugby.
EDIT Actually Strada I just having a close look at your Friday trades, I think I need more lessons in identifying congestion, I see that you donít solely rely on the bolli bands and further to that it seems you often ignore the fact that they have hit outer to outer then cross inner. Do you have any ideas for me here to hang my hat on???
When you're in the land of HOPE, you're done, get out of there, WALK AWAY