...and a very last word to trendpullback, it`s invented and meant as scalping technique, look to L. Raschke, the person more or less making public...
chart..
indicators are more relliable on daily/weekly, but by trying to develop a mechanical system on the S&P you end up with the same crap, and the only...
apply MACD on 10 years S&P, looks ugly, you was just lucky the single year...
Uups, not really an uptrend, again down, if long, stopped out again, if taking the 3. long, again ironically ~11138 you could have made 5 points...
Mmm, seems to be a 2 cycle pullback, the second signals seems to work, so depending on your opinion you are long again or stopped out soon from...
i always miss the charts...
unfortunately it is a 2 cycle pullback and retraced another leg down to 11123, 15 points down of your entry, if still looking for a continuation...
chart...
Come on, you are facing a lot of probs looking for a pullback, pullbacks are made in one ore in 2 cycles, sometimes even 3, so if you take your...
and this is just a crude system, it simply takes any break of the firsthour`s range to fade, regardless of the overall direction/trend or the...
Widerangebar is of course meant on daily...yesterdays daily bar has to be greater than the average daily range(5), this is a bad condition to play...
or the one contract version...
A widerangebar is defined beeing larger as 1.3 the average daily range of the last 5 days. The Entrypoint in this crude system is simply at limit...
I vergot to mention in the original rules for daily the last 20 bar high/low has to be 4 days away at least, so on 10 min I would suggest more ~...
Next one you need no indicators... turtlesoup + 1... in the chartexample in the elipsearea you see the YM making a new 20 bar high at 11296...
missed the pic...
if trying to fade a trend, wait for 3 cycles at least....
People are able to count up to 3 have an edge.... :-) Except in some very trendy environment, especially creepertrends, movements are more...
I have to add my 2 cents again...First I have to mention, this ET Forumstuff is not good for my tradingresults cause I lost discipline and have...
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