i think it works on all timeframes, although i did not test it thoroughly, because the trading opportunities on higher timeframes are extremely rare, on 4h i only got about 1-2 valid signals a month. I use another technique on higher timeframes to generate much more opportunities, but for people with a busy schedule, it still might be worth to backtest the higher tfs, the principles work anywhere/time.
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- Joined Sep 2006 | Status: Member | 10,153 Posts
every Saint has a past. Every Sinner has a Future
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- Post #10,847
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- Joined Nov 2010 | Status: Member | 4,562 Posts
Feel the Fear and do it anyway!!!
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- Joined Jul 2010 | Status: Great hopes make great men | 2,029 Posts
Low Risk Low Stress High Reward High Probability Trades
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- Joined Nov 2010 | Status: Member | 4,562 Posts
Feel the Fear and do it anyway!!!
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- Joined Nov 2010 | Status: Member | 4,562 Posts
Feel the Fear and do it anyway!!!
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- Joined Oct 2009 | Status: Jack of All Trades | 794 Posts