Howdy Trinity,
Just for clarification I now trade the GbpJpy & the GbpUsd as in Post 1078 with 1 additional filter. Make sure the candle when the NI changes and the PSTD is below or above the PMTD depends SHort or Long that it has gone thru the Predicted Low for Shorts or Predicted High for Longs.
I now back tested the GBPCHF and I will use this method to trade it.
Backtesting has resulted in 70% winners and 63% of the total trades > greater than 100pips.
I have posted a marked up chart to illustrate.
Hope its clear.
Felllow Pip Hunter
Bill
Just for clarification I now trade the GbpJpy & the GbpUsd as in Post 1078 with 1 additional filter. Make sure the candle when the NI changes and the PSTD is below or above the PMTD depends SHort or Long that it has gone thru the Predicted Low for Shorts or Predicted High for Longs.
I now back tested the GBPCHF and I will use this method to trade it.
Backtesting has resulted in 70% winners and 63% of the total trades > greater than 100pips.
I have posted a marked up chart to illustrate.
Hope its clear.
Felllow Pip Hunter
Bill
Attached Image
"When there is no peril in the fight there is no glory in the triumph."