DislikedWhy is it a problem if you did take the short? Looks like a small loss, which is then more than offset by a 177 pip win.Ignored
Vincit qui se vincit.
1min scalping using mtf ALF by bbolss 685 replies
How difficult is it to find an effective daytrading method? 156 replies
ALF/TVI - Simple, effective daytrading 1,114 replies
BOWALF - Breakout with ALF Filter 142 replies
Alf Alert problem 2 replies
DislikedWhy is it a problem if you did take the short? Looks like a small loss, which is then more than offset by a 177 pip win.Ignored
DislikedThanks Lou for this simple system.
My question what is the initial SL you use for say 15m, 30m TF or you be in front of your screen and use your discretion?Ignored
DislikedThank you!
Just took a 22 pips trade, new order open at trendline break. What do you guy's think about the entries? I'm looking for 20 pips + spread for now. Not the bets time to trade, but it felt good.Ignored
Disliked.. from Dreamliner (a few posts back).
DO NOT trade when ALF is flat and PA looks like this. Wait for PA to "peel away" from ALF.Ignored
DislikedI see two miniscule losses. They will be dwarfed by correctly managing the trades that do,"follow through."Ignored
DislikedSo are you suggesting to take every trade? I'm not opposed to that, just wondering if that is what you are saying. If you take every trade, you are saying the trends will overcome the ranges, correct?Ignored
DislikedI rember looking at this problem when the orig. thread began. I think losses were about 1/3 size of winners, so 1W/3L, 25% is about b/e. I am quite sure merely Long above/Short below, with only a catastrophic SL had a positive outcome. IMHO, it is not the best way to trade using these tools. I wait for a break of 6 pd. Price Channel to confirm entry. Lou's method of waiting for PA to peel away from ALF before entering may be better, but I've traded with Price Channels for so long I am loathe to give them up.This method is very straightfoward, but...Ignored
DislikedSorry - downloaded the template and the 2 ex4s. Loaded the template but don't see the blue line??? Did I not read the post properly? What is the Blue Line - I assume MA but what period?Ignored
DislikedM15 trade...I have added my fetish...6 pd. Price Channel to help decide PA.Ignored
DislikedA propos this observation, in May, the method referred to in post #1092 in orig. thread had 31W/41L for about 43% win pctg. and scored nearly 2200 pips. We are probing for profitable excursions...nothing more.Ignored