DislikedHi Foggy Trader,
thanks for posting - looks good, I will to try to backtest your system,
I have created several system based on demark indicators - and found that its extremely hard to find fully...Ignored
Thank you for your post and my apologies for taking so long to answer you. Similar to yourself I found trading the TDST bounces to be more profitable in 08' than 09' but we can attribute that to the large moves that were witnessed. I do still believe it is a good way of trading and have made a small profit since I began the thread however I have also felt that my sound daily analysis is going to waste waiting on a TDST failure/bounce. Therefore I plan to start a new thread in the coming days which will involve trading TD Setups and TDST failures according to my new rules which I have been analysing for some weeks now. The thread will be similar to this one, I will do my daily analysis and inform everyone what I am looking for on each pair and before a setup develops (where possible) I will post a picture and explainations during all stages of the trade. I believe trading TD Setups this way will present us with more opportunity and better reward while I will still take TDST bounces/failure if the direction suits.
I have no intentions to become involved in the markets during the Christmas period so there will be no analysis until the new year at which point it will appear on the new thread.
Cheers
Foggytrader