I am hoping you can clear something up for me. I understand the first 2 trades and those I agree with but the 3rd and 4th entries I do no see where those qualify on the 5M chart. Can you shed light on this as to why they qualify since the cloud is still above the coral on the 5M. Any help would be great.
Dan
Dan
DislikedAB, just trade it as it's laid out in the manual, it's not difficult. The only hard part is pulling the trigger and deciding when to take profits. I haven't read the whole thread and i'm trading the system profitably (on demo I should add). Try the 5 minute TF and you'll get less whipsawing. I pointed out all the valid trade on todays EU chart that I can see according to the strict rules. They were all profitable.
Assuming you started at around 9am BST, rectangle 1 would have got you around 18 - 20 pips. Rectangle 2, this time under the coral,...Ignored
Without vision, the people will perish.