DislikedHi isto,
I fully agree with your comment :
As I had mentioned earlier also , That my main focus is on learning the finer points of the system. ( Hopefully my queries will benefit other members also. )
I am fully aware that I am a newbie.... thats the reason I am trading only in demo account. So that I don't lose Real Money and still get the real life experience. I feel Trading in the live market gives better experience than looking at the charts after the pattern has completed. After Market has completed its move, It is easy to say what should have been the Correct startegy. Thats the reason I thought I will take your guidance to find out, if I am correct or wrong. { Your comments have always been precise & have helped me to clear my doubts }.
Since I found a valid DB in the maket, I thought I will try to trade this move completely (in my Demo Account ). So that I can Learn under your guidance as the market progresses.
Given below are the steps I took in response to the information provided by the market :
a) Go Long above the High of DB2 ( 1st Wise man)
b) Add position as per the 3AO signal (2nd Wise man)
c) Closed all the open Long positions & Went Short as per the Balance Line Signal
d) Closed Short Position & Went Long above the Fractal
e) Add one more contract on open of the last bar, as per Zone Signal
f) Add one more contract above the high of the previous bar as per AC Signal
g) Next Zone Signal contract to be added on open of Next bar
If you don't mind , pls evaluate all the steps taken and guide me where ever I was Wrong !
regards
tejIgnored