Hi guys,
I've been trading Hoss' system for some time now. It really works, however there are some days when the sygnals are not correct or appear around 15-20 pips earlier, or are just fake ones. Today was such a day. I trade many different pairs. RSI (8) 80,20. BB and EMA 5. I wait the price to go penetrade BB, reach 80 or 20 level of RSI and be away from EMA5, then I execute the trade. But there are some movements, lets say upwards, where the price escalates continuously upwards and we have constant sell signals. I am getting caught there quite often.
Do you have any idea how to filtrate them ?
I've been trading Hoss' system for some time now. It really works, however there are some days when the sygnals are not correct or appear around 15-20 pips earlier, or are just fake ones. Today was such a day. I trade many different pairs. RSI (8) 80,20. BB and EMA 5. I wait the price to go penetrade BB, reach 80 or 20 level of RSI and be away from EMA5, then I execute the trade. But there are some movements, lets say upwards, where the price escalates continuously upwards and we have constant sell signals. I am getting caught there quite often.
Do you have any idea how to filtrate them ?