DislikedThanks Benem.....I just browsed through your FF journal....looks like you are an avid J16 fan. ....good for you....I had think long and hard what BRN was....(figured it out)
what are your thoughts on placing pending orders for break outs.
that is the one thing I am "worried" about with trend line breaks and S&R breaks.
Anyways......see you on the forum in a week......I will be back....with a sun tan
PGPBIgnored
i didn't trade this system yet but as a resoult of a quick back testing i would wait to place a pending order once the candle has closed below ( or above in case of long)the Trend line.
But as everithing in trading we should test different entry mothod as different exits to see in the long run wich give us a better Win/loss ratio....or better to call it "R" factor.
Remember system represent only a 10% of your success( maybe you already know that)the rest is Money management and the strenght to adere to your trading plan and overcame the fear you feel (psicology).
Hope didn't bored all the other guys with my post,in case sorry.
Luca
Patience is essential