Quote:
Originally Posted by hytten
I've been trading with this strategy back when OZFX was giving free signals..on a good month I made 40%.
After much research on my own, you will trade this strategy well by just applying trendline to support the signals. As you can see from my chart although everything was signaling for a short but notice that the trendline was not broken, so a short entry would not have been a high probability trade.. Hope it helps  |
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Hi Hytten
Thank you for the chart u displayed.
U made it clear--that the T/L was enough
But with ref to T/L theory, the T/L itself is an independant strategy
and very reliable for entry especially on higher TF--
For this I dont see any advantage in using sideline indicators such as AO or AC--
Maybe I need to do more practice on this strategy just to eliminate the confusion created by indicators and the TF
Anyhow--thanks again for your words--and your new charts are
always appreciated
Rgds