I took one trade at the break-out, now there is a pullback at the trendline
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DislikedI took one trade at the break-out, now there is a pullback at the trendline {image}Ignored
Disliked{quote} As long as the signal remains blue (short), you are ok. At beginning of trends, pullbacks to SMA-96 and even beyond are normal things, that's why you have to split your entry in 3 and enter at waves zero (like you and I did) and then wait waves one and two like explained in post #276 I missed the wave 1 because I wanted to see SRSI-168 (5m) to be at, or over, 95 but it didn't happen and the the price suddenly fall. {image}Ignored
Disliked{quote} Yes, that's what I did, I also entered wave one but a bit late.Ignored
DislikedHey BT- I've been following now for a little bit of time but I can see so much potential in your strategy. I was doing some testing and I noticed something. Along with your wave theory on the HV.. There is a clear 'S' pattern on each trend change. The main theory behind is is that before a proper trend reversal there are 4 touch points--- 2 MA touches on both sides of the MA as seen in the screenshots. It's inverses when going from uptrend to downtrend vs down to up and you enter the trade on the 4th touch. We are in the middle of one now so I will...Ignored
DislikedFollowing along even if not posting regularly. Small lots for testing. Good luck to all!Ignored
DislikedI closed all trades and this is my result so far in this week, I've been aggressive little bit also bought when at dips, but results are really good, thank you BT.{image}Ignored
DislikedBROKETRADER thank you for the simple tradeable system.for 5 min chart what are the parameters you useIgnored