Tuesday, April 14, 2009
91.3% Fight the Power
Base System: 42W 4L 46T = 91.3%
Sub System: 15W 2L 17T = 88.2%
Trading Accuracy: 71.43%
Net Profit: +$614.70
Net Points: +12.0
Had a decent amount of time today, with only a few issues because of leaving the screen. Battled it out with a lot of nice trades, small trades. Today was a mix of the system, S&R levels and market internals. Obviously when you have more than one of those, the odds increase. I am confirming now that the system illustrates the price action at S&R levels. This is why it works. There are false signals and back to back signals at times however and therein lies the challenge.
Chart of the day shows a fast moving short, which I missed.
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