And the longer the period price whipsaws within a range the bigger the reward. But another key component is to limit greed, therefore target is 20.5, not 100.5
No way Jose. Remember amigo - no greed This system ought to generate a daily average of 0.5% ROI, not per margin requirement, but actual trading capital x 190 trading sessions=~95% annual return. (I have used £2000 capital for this & margin is x 45 the stake.)
You really had 4 whipsaws already?. What is the UK betting shop that lets you play so small? The high of the after hours range on 11/2 for your paper trading/betting exercise was 1041.50 approx, not 1038.75, fwiw.
Yes I am aware of that, I failed to state that I would be taking Hi/Lo from an initial AH range on a 30m chart, not all of it. I did say that 10.25 range was quite wide, so it would take more time to break out of.
OK. So, let's say that you take the range of the pre-Europe opening. I can also clearly see 4 whipsaws. What about the name of the UK betting shop? Here's some coffee to stay awake. Cheers:
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