Monday, 13 February 2012

Fractal Breakouts: A Continuation!

On my previous post I told you about a fractal system setup. Well, I've been playing around with it again, and I found a couple of indicators that work well with this system:
Extreme Indicator

Using either one, or both, I can determine the prevailing direction of the market (personally I prefer the Extreme Indicator). With that I can filter out quite a few false signals.
I've done a couple demo account trades, and I've made a pretty good profit. In fact this has got to be the best profit making system I've stumbled across.
I wish I could explain some more, but I am still testing this trading system out.