I've had a couple questions pop up about using this on other pairs. As I said, I've only gone in depth on GJ. The settings for that don't look transferable to other pairs though. I did take a quick look at an alternative setting for the GBPUSD. I set the TSF ribbon to 17-21 (instead of 19-23 as documented up to this point). Still using the 20 EMA, and letting TSF17 play the role of the TSF19 in the "rules" for the method. I looked at this only very quickly just now. Perhaps someone might want to look back through at least November. With the above settings and a take profit of 15 pips (plus spread), I see lots of winners through the day. I don't know about a good stoploss setting.... I might start at 37 or 38 pips, but I'd experiment. As I said, this might work throughout the day, not just from 1am as in my original method.
The day is long, but my time is short... so many things that could be evaluated -- so many possiblities. Anybody want to run with this?
Remember, Major US news tomorrow, so don't bet the house on anything.
The day is long, but my time is short... so many things that could be evaluated -- so many possiblities. Anybody want to run with this?
Remember, Major US news tomorrow, so don't bet the house on anything.