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Re: BeatlemaniaSA's XU-Hybrid Trading System

Boobligoom, Mon Jan 31, 2022 5:43 am

opita wrote: Sun Jan 30, 2022 9:15 am For those trading Currencies, this is my suggestion.
Thank you. Good suggestion Opita. I need to check it out).

I trade with the trend. And in places where you showed a buy near 61.8 fibs, I would rather sell (it is in this trade that there is strong support and I probably would not have entered the sell, but I would not have bought either).

But sometimes, as in your example, the price is not going to move further down (or up) the trend, but reverses and goes in the opposite direction. I think it makes sense in such cases, if we see a similar situation, close the trade with the trend and catch a small countertrend move. Provided that the price went below (above) 61.8, and then the movement turned against the trend and we received a signal to enter. I often miss these counter trend trades.
I need to test this. :think:
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