Recent content by sqlphone

How do you decide when a "high" has been made? - Is it when the oscillator turns down after many bars of trending up? - If so, how many bars does it need to slope down to confirm the "high"?

LM, please can you clarify the direction of trade to take? Is the direction determined by the previous bar (ie. the maket-shows-its-hand bar that extends beyond the upper and lower MA bands): if this is an up-bar, open a long trade when the price retraces down into the MA band; if a down-bar...

Hi LM This looks like a great strategy for a newbie like me to get started on. I’ve carefully studied the first few pages and charts on this thread but unfortunately I haven’t grasped the basics. Please can you help? Below is my understanding of the rules, much appreciated if you can comment...