Quote:
Originally Posted by Cryten
thank you for your system! Please advise if your +65 pips a week includes the weeks losses? As just 1 70 pip stop would more then wipe out a weeks profits  |
Sorry for the late reply, was enjoying the 4th with my family... Yes, let me be very clear: this method of trading will have both losing trades and occasional losing weeks. My +65 per week average is just that, a weekly average over a 27 month period. If you've been trading long you know that +65 is still pretty darn good and that is why I stay with it.
My best advise would be to load the Temp and indicator on a chart, then scroll back ( manually ) through some historical data. It can be streaky, but it's "streakiness" can be both positive and negative. If you learn to be picky with your entries ( i.e. the angle of the 60 SMA ) it's not uncommon to go for 6 to 8 trades without a loser... but please check the charts for yourself...
Hope that helps...
