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Is anyone familiar with the PipDaq system, which all about price action and no fancy indicators? PipDaq Setups: Price Action Trading
If you have any experience using it I would really appreciate an honest review.
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I am in no way affiliated with PipDaq. If I was, I'd give it a glowing review so people could buy it -- that's why I'm asking others if they have used it.
Please constructive comments only; either positive or negative on PipDaq's system.
zhorny I use one of these setups on a continuous basis. The second setup I am not so keen on and have not implemented yet, though I have seen other traders using similar techniques.
This apparently stems from the chicago trading pit heydays of the 70's/80's. It's not your typical EA or indicator type trading rubbish that many people try to sell you but price action trading. One setup is for trend continuation trades the other trend reversals. If that's what you're looking for then you could do a lot worse.
I trade emini's but not sure how other instruments compare so can't vouch for the effectiveness elsewhere. Hope that helps.
