Just to confirm the five you use, when you state Predicated High and Predicated Low, are you talking about the Predicated High Difference and Predicated Low Difference?
Do you take into consideration Strength at all? Or found any reason not to use it?
I scanned back through GBP/USD and when all 6 (if you included Strength) were the same (positive or negative), the results look pretty good. Going to check out the pairs you listed below.
David
Do you take into consideration Strength at all? Or found any reason not to use it?
I scanned back through GBP/USD and when all 6 (if you included Strength) were the same (positive or negative), the results look pretty good. Going to check out the pairs you listed below.
David
Quoting williamkDislikedHowdy Stoney, I have been always confused on position trading and the sort. I place my trades when there are 4 out of 5 of the Predicted indicators either Positive or Negative. The 5 indicators are the Predicated High, Predicted Low, Predicted Short Term Trend, Predicted Med Term Trend & the Neural Index. When 4 out of 5 of these are again either + or -, I enter @ the market when I analyze all the crosses @ 6:30edt, so most of my entries are before the Asian session begins. The crosses that I trade this way are the GbpJpy(the best so far this year), EurJpy, EurCad, UsdChf & UsdJpy. I am also a believe diversification is the key. These crosses I mentioned trade 70% or better winners but of course not all the same time so I may have 4 trades on and 3 of them are winners.Some of these trades are open for 1 day or on average 3 days so I guess you could call this Position trading doesn't matter long as I'm making pips. I also trade these positions in 1/3s. I have targets @ 50pips, 100pips & 150pips. I'm now testing using 1/4s and letting the last 1/4 run. I'm not going to go on about how many pips I have captured but I will tell U it's plenty.
Happy pip hunting
BillIgnored