View Full Version : Another perfect trade
Steve Griffiths
12-07-2005, 02:11 PM
Hi Everybody,
Well, here we go again, another perfect MTPredictor trade, this time on the 3min AB (Russell Index).
The chart below says it all :)
Steve
msmithbtl
12-07-2005, 04:33 PM
Steve,
To be fair, it should probably be mentioned that there was another trade setup that triggered 1 bar earlier off the reversal bar at Min Wave C. That trade stopped out on the reversal bar at Typ Wave C. The reason I know is that I was in both trades. That said, I will gladly take a winner 2+x bigger than the loser.
M. Smith
a lot of good abc's that work .. but get stopped out almost to the tick before going down.
i am doing these by hand until i get tradestation at the first of the year... but it reminds me of anything in this market.. once something starts working, the market figures it out, and then it stops working.
if too many people do these types of ABC trades,
1 more failed patterns
2 the slippage will increase due to everyone exiting at the same spot (ER2)
3 they will stop working
or am i just nervous?
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