hello scotty! how are you kind sir?
glad to hear from you...
it took a few minutes but i vhanded your theroy and sorry to say it is NOT 100% true...
YOU CAN IN FACT FIND A CANDLE THAT BREACHES 138 AND NEVER RETURNS TO HIT 161 although it was a bit difficult to find this example i must admit..... evetually on certain pairs and in most markets you theory does seem to have some validity at first glance... but i shudder to think of your account when you run into a strong straight trend and you get caught on the wrong end of it.... of course you would have a sl i presume but.... as far as 100% i say no way jose.....
on the chart below u would have a candle going psst 138 t1 and NEVER reaching t2 161... boy that would be painful if u had no SL and then if you start using sls well then it gets to be complicated ssystem with much drawdown.... many daily candles with your system on this pair on vhands would have about a 500 pip drawdowns
lookie here>>>>>>
glad to hear from you...
it took a few minutes but i vhanded your theroy and sorry to say it is NOT 100% true...
YOU CAN IN FACT FIND A CANDLE THAT BREACHES 138 AND NEVER RETURNS TO HIT 161 although it was a bit difficult to find this example i must admit..... evetually on certain pairs and in most markets you theory does seem to have some validity at first glance... but i shudder to think of your account when you run into a strong straight trend and you get caught on the wrong end of it.... of course you would have a sl i presume but.... as far as 100% i say no way jose.....
on the chart below u would have a candle going psst 138 t1 and NEVER reaching t2 161... boy that would be painful if u had no SL and then if you start using sls well then it gets to be complicated ssystem with much drawdown.... many daily candles with your system on this pair on vhands would have about a 500 pip drawdowns
lookie here>>>>>>