Registered: Sep 2004
01-18-05 04:58 PM
Again, nice job with the trading system. I would like to see if you have one more piece of information.
If the breakout fails, what happens if you stop and reverse? Basically, instead of just one trade per day, you will have maximum of two trades, one long and one short. If the long is triggered first and then the market reverses and takes out the stop, you will just go net short with the stop where the previous long level was. It will be interesting to see that.
Also, how did the method fare on ES, NQ and ER2 contracts?
I am sorry if it was mentioned in your website and I missed it. In that case, please post the page address.