The Veteran Floor Trader Method

hi and thanks for reviving this thread

isnt 5m charts a bit too fast ?
have you tested this with 1h tf ?

thanks in advance
bradu

5m TF seems ok for me.

Have not tried with 1H TF. Have you?

no, i havent.
i just discovered this system, BUT, i`ve used this as an entry signal for my trades for a very long time on 5m and latelly on 15m

no ma`s or anything else, just impulsive/corrective moves with s/r lines

i was amazed when i found this thread, didnt know it exists...

Hi there, Isaw this thread and I was interesting in it. I use about the same system. I mean the same philosophy : waiting for trend to develop and then enter in a pullback reducing the risk to the minimum and let profit run. Look at my thread if you want. It is called "a new system based on moving averages"....And this system is not as simple as it is described in the first page ! But the spirit is clear.

My Entry was a bit later

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My Entry was a bit later
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new Buy

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sl got hit

but 123-Reverse was triggered

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