Replies to post #116279 on Simple's Green Room

[Qui-Gon Kagi]

Agreed charger.......overbought/oversold signals which can have little effect on how many more pips remaining there are before the signal is proven out. Same for the larger time frames but there's so many more pips to contend with. That's why I'm considering the hedge account. Take profits on the first of two opposing positions on the same pair after racking up a couple/three hundred pips and then begin adding at the forthcoming reversal signals on the open losing position. The gains are locked in from the winning position in the one account and then it's just a matter of working out even or profit on the other postion in the other account for those larger time frame trades.


I'm not ready to assume the worst for boca's system thought since he's had it work 2 trades in his favor to one trade against him. Maybe the PAC or quad tunnel and or other things like your pinchers can be tied in for increasing odds on any given TDI trade on the 5 minute or maybe something totally different. I'm just sick of staring at the screen and not making a mint as the brokers do. That's where I'm at. Not ready to give up totally though just yet. And boca's got my interest peaked again for daily scalping.

[boca_bobby]

It's alot like a "pincher" play. Using the M5 charts does give you many more set ups then you would think. The problem is, you just gotta sit there and look for the "rules based" set ups. Today's early action just throws everything out the window. Some days are just like that.....