DislikedHad 5 wins and 1 loss today for +10pips. Third winning day in a row. I'm still not quite sure why this works, maybe this system takes advantage of momentum pushing through support or resistance? Is that the edge?Ignored

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Disliked{quote} What time-frame are you trading? My USDJPY pending orders on 1H chart didn't trigger any trades yesterday. My last USDJPY trade was July 5th. When a new dot and zig-zag form you don't place a pending order on that dot. You place it on the preceding dot. Study post 230 carefully. When the market moves down to here, (see where the arrow is pointing) place a pending order here (particularly note where the arrow is pointing - it's the dot before this one). All wins last night again but have an open EURGBY trade. Hopefully it will go down to...Ignored
DislikedThis hopefully explains it correctly. Place pending buy orders at high dots and pending sell orders on low dots. Color doesn't matter. Ten pip take profit and forty pip stop loss. {image}Ignored
DislikedThanks for reviving this thread Lyall. I have made another observation. Breakout from the high or low of the bar on which dot has formed (after closure of the bar) also yields healthy pips. Bar should not be too big.This a mere visual observation so far but I will trading this Live soon.Ignored
DislikedI thought we are only discussing BOLOSO System here?? Am I missing a new system?Ignored