DislikedGnat,
Thanks for post. I will definitely try to trade the 2550 system on my demo account to get a feel for it. Another quick question if you don't mind. I know that you are suppose to trade this using the H4. How well does it work on the smaller time frames 1H, 30m etc. Or should i just stick to the 4H time frame?
GmoneyIgnored
This system works extremely well on the 4H and D1 chart. I have tried it on the 1H chart with not near as much success. In the thread Effi explains the use of a 4H chart and a 5M chart for entry only.
Before I found this thread I was a 5M and 15M trader. It took a little while to get comfortable on the larger TF as I tend to be a chart watcher when real money is on the line.
Once you get used to it, it is really nice to have free time to do other things and still make money.
Take the time to read the entire thread. It took me about 3 days to finish. Do not pay any attention to the COW DUNG that the NAY SAYERS sling.... it's only jealousy rearing it's ugly head.
It's been a money maker for me and many others.
Hope this answers your questions.
MG