I did not trade this but the Asian session gave three signals.
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Quoting smjonesDislikedNice little method... I see no reason to mess with adding any filters... It seems like it works quite well on it's own... The real key to making money after one has a positive expectancy system is to use valid money management... Just like many systems available here, this works very well.. Congrats.
ScottIgnored
Quoting JohnnyBDislikedhello,
you might get some interesting inputs to integrate with your strategy from this link:
[Link Removed - See Rule #2]
happy trading
JBIgnored
Quoting diallistDislikedHi Phillip, and welcome to the Factory!
Thanks for contributing your method. Pullbacks to ma's are great for reducing risk.
Despite suggestions to the contrary, no additional filters are needed here.
Thanks especially for taking the large amount of time needed to create and post your charts. I know what a chore that can be.
DialIgnored
Quoting JohnnyBDislikedwow, is this some secret club here? i just posted a useful link... anyway, who is interested do a google for the 9/30 method at dacharts.
and here is just an observation how you could improve your method. look at price action, after the MAcross trade the first retracement. Look for Trednlines, LH, LL.Ignored
Quoting JohnnyBDislikedwow, is this some secret club here? i just posted a useful link...Ignored
Quoting Phillip NelDislikedI don't trade with indicators and or filters. The main thing is to make sure rule No 1 (50SMA are trending strongly) is valid, then wait for the price to pullback into the zone, close your eyes and enter. Do some backtesting and you will see how often this occur. You will be amaze.Ignored