Hey Schmurex, (great user name by the way)
Which time frames were you looking at for the observations below and had you allowed for the "muddy water to settle" before allowing the anchor breaches to become signals to enter? A vital key I believe to whole method.
HistoryFX.
Which time frames were you looking at for the observations below and had you allowed for the "muddy water to settle" before allowing the anchor breaches to become signals to enter? A vital key I believe to whole method.
HistoryFX.
DislikedHi History,
Thanks for your answer.
your rules regarding SL make more sense that all I have seen so far for this method.
Although I wouldn't mind taking two lots of 0.1 and taking profit(smaler TS) earlier with one of them. (I only trade 5 pairs)
So far my observation is that when a short and a long reach the opposite anchors the others might follow or they might not, it can last to become a consistent trend or not, so you can have many false starts. Hence take some profit early. Although I didn't implement this rule yet, I'm still testing.
But...Ignored