Sunday, May 13, 2012

Trading Plan: Buy and Sell outside of prior days range

In the last 16 month the strategy to buy or sell on a red/green 10 min bar provided excellent results (1700 points for short trades and 1700 points for long trades): 


The profits from the short trades where obviously done in the august crash of 2011, but also lately (april/may 2012) not only the long strategy but the short strategy is making new equity highs:


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