i had to pull back from the market and readjust my system, im still having some hick ups so i will continue testing until im ready to go forward.
I trade the high low breakout strategy you can look it up on the internet
Requirements for the Breakout Strategy
Identify the price range of the previous day (High – Low)
Look back 2 days to see if the range for the previous day deviates greatly from the range set 2 days ago. You want to avoid a situation where the ranges are completely erratic and a break of the range means little.
Buy or sell short once the current day’s range breakout exceeds the previous day’s range by 5%.
Use a simple moving average to stop yourself out of the trade, Logic here is you are buying or shorting the start of a new impulse trend, so you want to go along for the ride.
I trade the high low breakout strategy you can look it up on the internet
Requirements for the Breakout Strategy
Identify the price range of the previous day (High – Low)
Look back 2 days to see if the range for the previous day deviates greatly from the range set 2 days ago. You want to avoid a situation where the ranges are completely erratic and a break of the range means little.
Buy or sell short once the current day’s range breakout exceeds the previous day’s range by 5%.
Use a simple moving average to stop yourself out of the trade, Logic here is you are buying or shorting the start of a new impulse trend, so you want to go along for the ride.