Thread: An Edge for an Edge (System Development)

Originally Posted by ;

What are your outcomes from these trades the last few decades?

I'm not here to talk about my results, but I'm trading for a living. I'll still be living financiarly next year? Maybe yes maybe not, maybe my next trade will ch an negative black swan and will loss everything, but ;m fairly sure even like I can start again and will succed.

let profit run

let profit run

two more interesting patterns that could develope fine black swans from time to time

two more interesting patterns that could develope fine black swans from time to time

I do not have a title for this particular one, but I think you will find it in every fantastic book
this is a strong setup because we utilize two of the best principles of financial markets: trend and momentum
we specify long term trend using ema200

for buy (inverse for market ):
price above ema200
if yesterday close price was greater than the available and also higher compared to the start of the day before buy today if price will break yesterday large
if price do not split the yesterday high ignore the setup
cease yesterday reduced
if position is profitable shut it when price break bellow ema200

I do not have a title for this particular one, but I think you will find it in every fantastic book
this is a strong setup because we utilize two of the best principles of financial markets: trend and momentum
we specify long term trend using ema200

for buy (inverse for market ):
price above ema200
if yesterday close price was greater than the available and also higher compared to the start of the day before buy today if price will break yesterday large
if price do not split the yesterday high ignore the setup
cease yesterday reduced
if position is profitable shut it when price break bellow ema200

Originally Posted by ;

quote How do you place your TP according to your system, I see there is not any parameter for TP.

Why shoul you put profit goal? Do not limit your profit, let it run.
You shut the place if price breaks the centre bb band (such as in that picture) or you shut it if price breaks under top band

Originally Posted by ;

quote How do you place your TP according to your system, I see there is not any parameter for TP.

Why shoul you put profit goal? Do not limit your profit, let it run.
You shut the place if price breaks the centre bb band (such as in that picture) or you shut it if price breaks under top band

reversal
other trick (using inside days, but with less trade setups)
use daily charts
for long (reverse for sell)
after at least 3 bearsih days (each bar should do a lower price compared to yesterday pub ) an inside day is shaped (if the inside day its bullish its high likelihood trade)
entry long if actual price is greater than the high of inside pub
stop reduced of insideday
take profit target needs to be at least 10x the size of inside pub