DislikedGreat thread Clive. I love your method, i initially found your post be searching the trading method of ABCD as that is simple to me and what i love. I kept reading on and later found out the system you've developed, awsome!!! I wanted to know, for someone who just wants to swing trade because of work commitments, would this system be ideal for 4H tf and 1H tf?Ignored
Yes you can trade the abcd moves on any timeframe or chart type you care to mention from range bars, renko charts right up to weekly and monthly charts because the abcd is the building block of all moves in any market.
Theres an initial move the AB leg which is the traders pushing the market one way as they make they're initial investment, then there is the BC move as they bank their profits from the AB move, the pullback, and then the CD results as they reinvest in the cheaper looking price causing a move back with the trend or the original AB leg. Its that simple...Invest , bank and reinvest again..
Apologies to all waiting for my promised post but I'm afraid I simply have n't had time this weekend to post my "current final system". I will soon and hopefully some videos too sometime showing me trading it live...
Just a matter of finding the time...
Feel the Fear and do it anyway!!!