You would know what this is about: http://fxjules.blogspot.com/2008/11/ta-1111.html
The BB method is perfect for daytrading futures too! Thanks for sharing!
I used it to trade TF last night, and although it was trading in a pathetic 8-point range before 2am, I scraped over $100 testing the method. Was conservative and hesitant at first. In retrospect, TF was nothing like before (when it was called ER2). It crawled like a snail, and has lost its insanity. I'd rather it lose its mind and move like a maniac. But it's a market where no one's betting big and aggressive. And probably very little scared money is playing.
In any case, I ran a few times for nothing, and realized it was stupid. I lost 200 at first, but ended up 100 up by applying the BB method. And I stopped playing by 1o:30, but continued to watch the market til 2am, and the method worked reliably enough.
Will share more if I continue to use it. These days, I can't seem to settle on a specific way to trade.
I would like to think I'm being adaptive.
:-)
I used it to trade TF last night, and although it was trading in a pathetic 8-point range before 2am, I scraped over $100 testing the method. Was conservative and hesitant at first. In retrospect, TF was nothing like before (when it was called ER2). It crawled like a snail, and has lost its insanity. I'd rather it lose its mind and move like a maniac. But it's a market where no one's betting big and aggressive. And probably very little scared money is playing.
In any case, I ran a few times for nothing, and realized it was stupid. I lost 200 at first, but ended up 100 up by applying the BB method. And I stopped playing by 1o:30, but continued to watch the market til 2am, and the method worked reliably enough.
Will share more if I continue to use it. These days, I can't seem to settle on a specific way to trade.
I would like to think I'm being adaptive.
:-)
1 comment:
Glad it's working out for you. Sorry I haven't sent the PDF -- although, again, the PDF is a bit different than what I described in the email. I'l send it soon I promise! It will give you an idea of what the original method was. I won't say too much more, as I assume you are already where you need to be.
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