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Rory,
Use of this trend pattern in conjunction with inside bars will
get the trade to breakeven or better, better than 70% of the
time on an historical basis.
Rory Lewellen wrote:
>
> Walt,
>
> Have you any numbers you could share which might give an indication
> of the measure of historical success using this easy to follow rule?
>
> Rory
> walt@xxxxxxxxx wrote:
> >
> > Peter,
> >
> > In the case of a downtrend, enter at the low of the inside bar
> > with an initial stop-loss at the high of the preceding bar.
> >
> > Like:
> >
> > stop
> > X
> > X X
> > X X
> > X X
> > X Entry
> >
> > Walt
> >
> > > Hi Walt,
> > >
> > > In your example, where would you enter and where would you place your stop?
> > >
> > > Regards,
> > >
> > > Peter Greco
> > >
> > >
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