Thanks Lou. I understand. My problem is I probably would have stayed in the short too long making it a larger loss and missed the long entry... :-(

ALF revisited - simple, effective daytrading

Why not short — Thanks. You did have an outstanding trade! However, my problem is that I probably would have taken the short. I guess the thing that the long had going for it was that it broke previous highs while the short didn't break ...

ALF revisited - simple, effective daytrading

Why not short — Why didn't you go short on the bar previous to your long entry? Red bar breaking down through the ALF line.

ALF revisited - simple, effective daytrading

MomSE - MomLE — Thanks Edgetrader, I've been "keepin it simple" and it's working great. Can't over complicate things in this business. on a side note: Edge, I've been trying to PM you but for some reason the system wont let me. I took what you ...

EUR/GBP Trendmagic System