Looking like another no trade day. m.a. has been flat 6 candles in a row from 4.45am. Any thoughts?
Looking like another no trade day. m.a. has been flat 6 candles in a row from 4.45am. Any thoughts?
hmm...I think if we go by the book, its a sell?
I got the ma as falling slightly so I'm in!
True - It also demonstrates that they cannot follow a set of trading rules or it shows a lack of faith in a system. Either case, stop trading or at least stop trading a system you dont have faith in. Note, again, this is not just specific to Net Trap, have a look at the Rebellion thread, the Sniper thread, the LMT thread, many many suggestions of do this do that, blah blah blah, how many of these people from say, 6 months ago are still going strong, still reporting results, with their tweaked system, NONE (I stand to be corrected of course and I am sure I will be given isolated examples - It would for sure be a board I will be joining if I am proven wrong! I happened upon this one by chance and just had to say something - sorry!).
W
With the MA going down for 5 candles, then up for 4, technically looks like a no trade day for me.
Are you talking about strict NT entry?hmm...I think if we go by the book, its a sell?
Are you talking about strict NT entry?
On the IG chart I do not see it this way - or have I missed something?
for me, MA at 4 AM reads 4817 and at 6:30 AM reads 4815.
Its a SELL at 4820
This morning is a great example - Is a trade is it not a trade - This system is immeasurable !
This morning is a great example - Is a trade is it not a trade - This system is immeasurable !
I think someone (or some people even) said back-testing results showed 300 pips a year, Richard Hills real results showed x pips a year, etc. Whats the point of those posts ? On what rules were those results based ? What are you measuring against ?
Crazy !