Good Morning Edge!
I have been following your thread for some weeks now; back tested and demo tested the initial C4 philosophy with much success. I have however, run across several times inwhich I have had my tail handed to me on a silver platter (just this morning in fact). On my chart I have the MA Color as my primer, LWMA as the detonator and smTrix as a safety. I enter trades only when all 3 confirm the trade and exit as soon as the detonator or safety change colors. Usually this works well however; I find that when the market has moved into a consolidation pattern or becomes really choppy I consistently get into a loosing situation. This morning for instance my first and second trades both were loosers, the next trade I held back not sure what the market was doing and would have been successful. Any advise?
I have been following your thread for some weeks now; back tested and demo tested the initial C4 philosophy with much success. I have however, run across several times inwhich I have had my tail handed to me on a silver platter (just this morning in fact). On my chart I have the MA Color as my primer, LWMA as the detonator and smTrix as a safety. I enter trades only when all 3 confirm the trade and exit as soon as the detonator or safety change colors. Usually this works well however; I find that when the market has moved into a consolidation pattern or becomes really choppy I consistently get into a loosing situation. This morning for instance my first and second trades both were loosers, the next trade I held back not sure what the market was doing and would have been successful. Any advise?