Chart, page-2310

  1. 4,753 Posts.
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    I completely forgot about that for the exit!
    I've been thinking lately about the turtle traders and how the system can still work but the duration of the signals needed to be increased due to market volatility in recent times. I think this is similar to a breakout using the short term ema, we set the main fib grid for an entry level and that more often than not is pretty close to the top of the ema prior to the correction, then the ema through the fib level is basically just a breakout using the ema.
    I'm yet to build a system on this theory but I think it has potential, slippage on price if it is a quick breakout may be the only thing that kills it...
 
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