Biggest part of the system is realizing you want favor to go in your direction after entry. If you don't see that; take that as a RED FLAG. Look to take small profits, small loss, or break even.
{quote} Sorry you feel that way. The system works well for me the little time I ben using it. I don't trade the system constantly since I mainly trade the TMS system. Not to get in an argument with you, but can you explain where the problem is with the system? The system allows you to stay in profit when following the candle color or size factor. It also allows you to get out of trades with proper judgement of price action or flat markets. There will always be losses, but these losses are not large at all compared to the wins in my experience. Thank...
Ignored
I dont feel this way. I just summarized dkrocks post.
Any questions feel free to ask if you have any speculation. I would love to help. Also if you have proof the system is flawed. Please post the proof. I would enjoy that information...literally. I been trading it with success. And I wouldn't want to continue if the proof is shown. I always do have an emergency stop loss set either way.....but please let's discuss it.
When it comes to exiting trades that don't go in your favor right away, look to the heiken ashi candle size to determine a small loss/profit/ break even. The exit rules are simple, but knowing when to stay in the trade matters also. A big candle in your direction of profit is always a plus. watch the candles......don't stray too long away from your computer with this system.
