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What purposes do the other lines serve ... I mean the five lines which, in any case, I can set to just one. What's the implication of setting it to just one line instead of 5, 4, 3 or even 2 ?
i will give you a little history on this setup -as i dont believe anyone out there will have the link of trades for the last several years that has been used with this simple setup-
my best day testing with the sim was 24 million dollars
after that day was done - i recieved a letter from the broker telling me it does not work the way i traded -so the next day i reduced my activity x6 and did 4 million -he did not write again
the 24 million can be verifyed by several people =but i will pick Mr Don Miller -if he choses to confirm it -i tried to sell this simple system to Don for 175k when he was thinking about buying a seat for 175k on the cme board(find black box mention in Don blog archives) -the reason i chose Don was he had several places he was donating money to and felt this could really help him with his cause.
i tested this on a 100k sim account for options and currencies -in a very short time i was at 10 million and not long after playing like the boy plunger i was @ 10 billion
they say in life when something bad happens to you its not who you are -
but when something good happens to you it can be who you will become -
this system is fault free -find the ma combo that works for you -
short or long the last high or low is always the stop
and remember if you go back and review the cl trade in the beginning of this post -i called the long -short the reversal exit of the long then the reversal exit of the short -
never leave the trade when you wait for the set up -untill you can reverse at the next setup -only when the high or low is taken out will you be stopped out -
some quick setups today -hoping to show what i see over time
1-5 line break prior to news (shorted 12.50 with a tight stop )
2-exit was first touch of blue trend
3- went long at 1309 when it failed to come in and touch for the 3rd time -also nice spike candle -exit was 2 points at the strike of the red pivot line per my chart setup
The following user says Thank You to creekboy for this post:
