no, i havnt been keeping a track record per'se but i believe ive only had one trade where i lost money and ive done about 20 of these already
i trade this setup with real money - the reason i dont use sim is because i lose my edge when i use sim (no pucker factor on the sim so i do stupid things and dont adhere to rules)
as far as the potential profits for this setup well, i guess the sky is the limit - i trade 3 contracts, i take profits as soon as i get 3 ticks on the first 2 and bring my stop to entry on the other and try to trail it - every trade for me starts with a scalp
i wait for price to get above the third triple jma (i use the third jma for confirmation that i have atleast a small trend going in my favor - i also want the cci to cross its zero line (then i have both trend and momentum in my favor) - i regard the third jma as trend and the cci as momentem - so, trend and momo works for me
this has been working for me, so far - i realize this is probably too simple for many ppl but hey it works for me and its a simple scalp system - im sure it can be improved and are opened for suggestions by anyone
take care
The following user says Thank You to gio5959 for this post:
even tho in astrology we are t-square going into this afternoon - t-square is when two planets oppose each and are squared by a third planet (in this case mer and ura are opposed and both are squared by mon), which is imo bearish for the markets - this long still snagged a few
