And you got all that just from a read through? I've read through flight training manuals. I concluded that I can't be a pilot and what's more nobody else could become a pilot either - or if they do already fly sooner or later they will crash. So there!
the difference is in your scenario as it refers to me is i am a PILOT with the utmost credentials and experience and i just read through the flight training manual and i can tell you for a fact Jack if you follow those instructions you will crash! thats the difference between you reading through and me reading through. i will post a "single" rule trading method for some market and give the trades in advance if jack wants to do the same. i will in fact make sure i dont even look at the market that is picked and the rule will be based on some other market or index. but it will be one rule only - math based. no trend lines, or any other charts needed, no work beyond 15 seconds of figuring. then we will see who knows what. mb
This discussion is like what is better karate or JKD ..... You have to be like water my friend shapeless.....
Hi RT, How about giving this a crack ? It looks easily testable, but hey what do I know ? Its basically the 30 min method you first tested, applied to 5 min bars and with a twist called APA which stands for "Additional Protective Action". quote from grob109 SCT trading advances the money velocity daily to include additional efficiencies. That is the objective of SCT trading. SCT trades within the trend channels, it trades during congestion and convergence of the CCC. HVS are also traded on an intra-bar basis. See HVS Trading Report. All of this allows an extraction of capital that is a multiple of the daily H/L range. The process repeats for every 5 minute bar. 1. IF 1 is tested continually from the beginning of the new bar. 2. If the conditions of FI 1 prevail go to IF 2. 3. If the conditions of IF 2 are met, reverse. 4. If the price moves against the reversal, go to APA. 5. Complete APA and wait for end of the 5 minute period and go to step 1.
Cool, I'll check it out when I get the time. I'm in the process of moving to San Diego, so I haven't had much time recently for trading. I'm still working on the tapes and channels; I'll post back when I'm done with that. RT