ALSI Gap

[Rams]

but hey, if your system gives you 60% then thats good enuf

[3JN2]

Time to exit - 29245. Entry was 12.30 candle at 29130 (actual 29135. Could go higher but this is the system

[Rams]

i still in on engulfing system...took first target profit at 29260

[3JN2]

Just gone up to 29300. I often exit too early. If you don't have a system then you are just guessing

[Rams]

eh..270

[Rams]

i see your 7/21 and trend still up

[3JN2]

I exit when 7 through 21 on 5 min chart as happened at 2.50pm. Also exit when I see what looks like a top pattern to me. So was time to exit at 29245 even through then went to 29300. Now trading at 29150 so my exit was correct.

[SimonPB]

not about the profit or loss per trade .. it about sticking to the system ..

[Rams]

Agree, Simon and well done 3JN2....

[Russ]

Just make sure you have a system that makes money.It's no good telling the cashier at the supermarket that you have no money but you always stick to your system.

[Rams]

Agree, but it has nothing to do with the system....any system will make you money if you stick to it....even chart patterns. Any system with superior money managemnt will make you money

[#12]

Simon,what parameters do you use on the MACD for the engulfing system

[SimonPB]

default