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13 low 13 high MA 1 hr chart System
Started Jan 16, 2008|Trading Systems|351 repliesI am editing the Original Post to make room for the Improved Version of this system. I was ...
Cool, I would greatly appreciate it.
IMO, I would rather stay away from a candle (only) crossing the 100MA. The 13/13 channel is the main driver.
Cool, I'll have to check this out. Thanks![]()
Ok days![]()
, I use 1 hour chart ONLY. A quick look at Jan days looked good to me.
1-4,8,9,11.. ???? I do not understand. What are these numbers?
Good question. I never ran into that situation. But then I never looked into that situation, also maybe because I stick to one trade. Hey if one trade can bring me 100 pips for the day, I'm happy. On the Long, or Short, do not forget about the ...
Yes, exactly. If you notice on my picture, I took a different approach on long candles. Only the long candles when they close long.
Sorry, I meant the next candle. It is more of a conviction for its direction.
Not sure what explaination you are looking for. Just know that the 100MA is the momentum signal. Entry point is when the last candle closes beyond the 13MAs yellow lines. Exit: Take profit of 100 pips / Stop loss is 100 pips
Yes. As soon as the candle closes outside the 2 13MA lines.
I am editing the Original Post to make room for the Improved Version of this system. I was ...
I am using 5 hr method High: 210.40 Lo: 208.76
Thats your choice, but you might want to look back at Nov. 13, 2007 Similar pattern, with similar number of pips.
My Hi-Lo for today — 5 hr Strategy Hi - 211.93 Lo - 211.01