Monday 2 November 2009

Remember to check the History Signals Part 2


Once the Analysis was placed on this second history signal, you can see that the TS4 buy setup at the low, was “filled” but never stopped out. This was because of the double bottom on the two bars.

As such this was a valid +2.1R Profit (ignoring slippage and commission)

Thanks


Steve

Remember to check the History Signals





Hi Everybody,

This is a quick reminder that you need to check all the “History Signal”. These are the small triangles on the charts. You should not “assume” that all of these are just -1R loss, they are not. As outlined in the help video:



These are “filled” and not “failed” trades. Once you place the Analysis on them you can see how they would have unfolded.........

To show you what I mean, let’s look at the second triangle that appeared on the 3min Russell Index chart on Friday..........

Steve