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GBPJPY
Good failure of the TDST resistance so short trade taken, just took a screenshot of the demo account on this one.
Cheers
Foggytrader
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USDCAD
Nice finish to a bad week with the first 7% winner of the demo account. I hope this illustrates why I am trying to make this MM approach work. As the risk is so small, 12 pips in this case we only need a 70 pip move to bank 7% on our account. Yesterday was a bad day, I blame my own daily analysis on that for over trading with no real reason and if we'd have caught all the EURJPY trades this week and all the other trades since I started the thread, I am fairly sure ([i]I have no exact figures,...Ignored
DislikedHi Foggy,
Question on the TD indicator. Once the indicator counts 9 candles does it fix or lock that count in or can it repaint depending on the close of the 10th candle. Alot of these indicators look wonderful in backtesting due to the fact they repaint but in real time they are of little value.Ignored
DislikedHi Foggy,
Based on my very limited experience with Demark I can't figure out why you entered this trade. The green 1-9 count support line wouldn't have formed until the close of candle 9 (at least that's when I think the support line is drawn) which is a bit higher that your entry point. It was a very good entry point I'm just not sure how you used the Demark method to enter at that point.Ignored