DislikedThis system is traded by the pros, who rarely answers questions,
it too easy and it works..Ignored
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DislikedHey all,
I know I'm late to the game here, but I like this thread. I've most recently been trading Bill Williams Chaos, which is a great trend following system that advocates pyramiding your positions, but I think it is often unecessarily complex. This looks much simpler and should probably produce similar results. I believe that adding into your winning positions is the way to go.
A question if anybody is still following this and trading it. Was it ever clearly decided what the best entry is for this? By that I mean, should the entry be made on the break of the (average price) line chart's peak/valley, or should it be on the fractal high/low of a candle/bar?
I'll probably go back and read the thread again, but I'm just looking for opinions on this.
Cheers,
RichardIgnored
DislikedCan me somebody tell what is the best Timeframe and currency pairs in usin this system? Do you use Fibo for exits? Do you use some indicators and TA or just trading whats you see on the line chart? Thank you, Greetings,Ignored
DislikedRac told me about the line chart 2-3 months ago and i started testing it. I am having very good results in trending conditions of last 3 months (on demo).
Well in these last 2 months i started to see many patterns jumping out at me. For example the "reversal pattern" and i thought i made a new discovery. lol
So now i have found this great thread (and some brilliant PDF's) i will try to post some charts/thoughts/idea's in future.
..Ignored
DislikedHave you entered long at the dark blue line or are you waiting for a 4 hour close?Ignored