Hi
After your 1st sell entry, 5th/6th candle is bullish and touching BB very well, why did you ignored that buy signal (that's loss trade actually)
It is possible that I made an error here, but I doubt it, I marked the trades as per my contract note timing.
I don't have June chart in the system I am using now. Have from Mid July. I will surely reply in the evening. I am just presuming the following to be the reason for my not taking the trade :
For sake of understanding let us mark the Bar with arrow as Bar 1 and thereafter in sequence.
Bar2 Did not touch BB bottom
Bar3 Touching BB but bearish
Bar4 Touching Bullish and closed inside the BB but high was not breached by 3 point filter
Bar5 Touching bearish
Bar6 Touching bullish but closed just on the BB, a point higher would entail a long trade above high.
Bar7 Perfect for Long trade, touching, even if it was not touching it would be a long trade for me , and was bullish and also closed inside the BBs ! However I think it did not trigger a long trade due to 3 point filter and filter would be a bit more if the trigger level is near a round figure like 3000 !
Hopefully this was the reason for a long not triggering earlier and if I find something else to be the reason after seeing the chart I shall be posting further on the subject.
Thanks for taking interest in the system. Its with active participation can a system be made sturdier and better and safer to trade. When I first posted in this thread I was thinking I was contributing something to the Forum however by the time others participated and gave their input I found that I was the beneficiary ! :thumb:
TJ rocks friends!