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TFC Commodity Trading Forum

Long Euro *PIC*

The beauty of the method lies in this chart. We teach #1 take the position / swing trade buy signal following a test at that 80-day level -- at the time it was a 60-day level -- see green box at approx 1.0550. We also allow for taking a day-trade sell-signal on the first test of that 12-day level -- at the time it was a 6-day level. Now we've improved it to where we know to NOT take any swing-trade sell signals at that current 12-day level -- because the risk does not merit the reward. And it's all being programmed now so that it will all be measurable in different markets on different time horizons. Statistical validation -- it either makes you or breaks you...