nice clean breakout today, just found I put 5x my usual bet on by accident. Happy days
Maybe a little bit of research lined up over the long weekend - aimed as ever at reducing entry into BB failure trades.
Might have a look at whether BB ranges that lie within or mostly within previous session's daily range are more likely to see emerging price emerging from the BBR moving to target. so, if daily range is 5900-5960 and next BBR lies within, at say 5935-5955, is that more likely to succeed than if the BBR was outside, say 5975-5995?
Don't worry jimmc, although this week weren't so good (welcome back), the system overall is healthy.
This week the current rules show performance is down at 1-4. But over the last 4 weeks, the score is 11-6, still good for a +5 difference, and I can live with that. Overall win rate from day 1 is 64%. Win rate in the first 21 weeks of 2011 so far is 43-30, making 59%. Enough for subsistence but it's not going to buy that new BMW. Hoping for improvement soon.