Agreed. The ONLY problem with this is that if you trade a 24 hour market you will suffer from sleep deprivation. Sometimes you have to reverse at 2am ET, sometimes 8 am, sometimes at 1 pm, sometimes 4 pm and sometimes at 7 pm and midnight too.
price goes up down and sideways......wrong, price never goes sideways......still upand down even when considered sideways....
then while u r fishing work on a real system that will give u all of the good trades for the day........i don't like to be fishing when money is flowing in my direction and i am absent.........and it is just as easy on all signals, especially when the signals are all identical.......why would u not want them all during the day if u have time to go fishing u have time to take the gold market is throwing at you......same identical entry signal given on each one only.......not greedy hoping u r right system........the fishing thingie has been around for 5 years i know.......that is fear of market/losing/pain caused by losing speaking.......no offense intended.......please forgive if harsh..........porgie