DislikedHi TK,
Firstly let me say that your system is really great i have been following it from the time you posted it in Canadian dude's thread,
I have used it aswell with pretty good results about 50/50.
I coundn,t understand why my results weren't as good as yours, then this morning i noticed that the sma lines were very shrap in it's performance. I open the indicators dialog box to find that my dll box was not ticked so i ticked it and it changed the whole line.
Thinking that would be that i thought, about a half hour later i decided to check...Ignored
- #163
- Dec 16, 2008 7:19am Dec 16, 2008 7:19am
OK, answered a few things there and now time for a trade post.
First though I notice that deepsouth and alan have read this thread properly and others not. It has been stated a couple of times that it must be the very next candle that eats the previous one, furthermore I explain in detail the psychology behind this, and therefore why it matters, in post 1.
Now, here is why it is worth waiting for the perfect setups.
I did not take this trade because I was not even here and it is out of my times that I have decided to trade. It is however a perfect setup and a great example.
First though I notice that deepsouth and alan have read this thread properly and others not. It has been stated a couple of times that it must be the very next candle that eats the previous one, furthermore I explain in detail the psychology behind this, and therefore why it matters, in post 1.
Now, here is why it is worth waiting for the perfect setups.
I did not take this trade because I was not even here and it is out of my times that I have decided to trade. It is however a perfect setup and a great example.
- #180
- Dec 16, 2008 9:39am Dec 16, 2008 9:39am
So that I do not only post winners, here is 1 of each. However if you took both of these and exited according to my rules you woul still be a winner overall.
The win was 20 and the loss was 14 including your spreads and where it gave you entry if you clicked the button at the right time.