Sunday, September 24, 2017 9:07:17 PM
I did try the same theory on other ETF's but they were very inconsistent and I ended up reducing the risk reward down to 1:1.5 just to reach any type of regular target and was still not satisfied with the results.
I tried this on the 60 minute chart as I am also trying to find a trade able style while working full time. I would like to add that I consider a good trend line as one that is tested at least 3 times.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=134860266
One chart I would like to add is a possible Cup and Handle pattern if gold falls
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