Looks like a good strategy. I have been using a similar stragety based on ZigZag (thus also waves) but rather on 1H charts.
It worked very well for me till about 24th of August. The week before we had the Chinese Yaun devalued, minor flash crash on 24th, etc.
The markets were very volatile since then and only recently gradually recovered.
So I started losing money in this time and looked for something better in volatile markets and came across this thread.
How did this ABCD on 1M strategy work especially end of August and beginning of September in the volatile markets?
It worked very well for me till about 24th of August. The week before we had the Chinese Yaun devalued, minor flash crash on 24th, etc.
The markets were very volatile since then and only recently gradually recovered.
So I started losing money in this time and looked for something better in volatile markets and came across this thread.
How did this ABCD on 1M strategy work especially end of August and beginning of September in the volatile markets?