The Price-Proxy Systems Monday
Posted on October 6th, 2009
Written by Richard
Posted in: N/A (old archives)
I thought I’d update you on the price-proxy systems. As I mentioned last time, I’m dropping System Three because it looks so much like System One most days.
System One had no losses across six trades, but got into the last move a bit late (click to enlarge):
I kinda wish that red section in the proxy from 10 to 11 wasn’t there. With just slightly different settings that whole section is pointing up. The half-full view is that it was flat except for the initial down bar. Of course, System One managed to pick that bar for entry!
System Two had two wins and one circled loss. It managed to get in the big up move at the end of the day pretty early (click to enlarge):
Comments
© 2010 Richard Todd. I am not a financial advisor, and nothing on the site should be considered investment advice or actionable recommendations. I'm just an individual, saying what I think, and sharing my experiences.