[quote=johnnykanoo;2124664]am I wrong but isn't divergence considered bearish? I could definatly be wrong.
Anyway My name is john and im new to this thread and I wanted to introduce myself and say thank you to all who contribute. Ive been getting my feet wet with this strat and I like it. Im a big fan of price action and ibs and obs are pretty reliable for break out trading. When the market is coiling up its looking for some where to go and when you add that to the powerful stratagy of trading in the direction of the trend its hard to lose.
Besides If your wrong you can do a jacko style recovery or fti style rescue if you are going in the right direction of the overall trend so to me it has good potential.[/quote]
johnnykanoo,
Make sure you know what you are doing before you try a Jacko or fti style rescue.
Why on earth would you want to mess with such a simple system, without at first trying it out.
Regards,
BabeFX.
Anyway My name is john and im new to this thread and I wanted to introduce myself and say thank you to all who contribute. Ive been getting my feet wet with this strat and I like it. Im a big fan of price action and ibs and obs are pretty reliable for break out trading. When the market is coiling up its looking for some where to go and when you add that to the powerful stratagy of trading in the direction of the trend its hard to lose.
Besides If your wrong you can do a jacko style recovery or fti style rescue if you are going in the right direction of the overall trend so to me it has good potential.[/quote]
johnnykanoo,
Make sure you know what you are doing before you try a Jacko or fti style rescue.
Why on earth would you want to mess with such a simple system, without at first trying it out.
Regards,
BabeFX.