sidefx,
You are correct & that is what I use as a filter as well. Over the last weeks have been averaging 1-2 nice trades per day. The method will capture the big move of the day, but as the thread creator stated....."you must wait for the trade to come to you". I never chase a trade using this method, or any method. Being patience & waiting for the trade to develope will most of the time produce the pips.
BTW: I enjoy your clear & informative post on how you use this method.
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You are correct & that is what I use as a filter as well. Over the last weeks have been averaging 1-2 nice trades per day. The method will capture the big move of the day, but as the thread creator stated....."you must wait for the trade to come to you". I never chase a trade using this method, or any method. Being patience & waiting for the trade to develope will most of the time produce the pips.
BTW: I enjoy your clear & informative post on how you use this method.
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