Keith Parsons Member  Posts: 25 Joined: 3/12/2014 Location: Durban, South Africa  User Profile | Hi Mark, I have eleven (11) of your strategies covering right now the symbols EA/BMRN/NCLH & SLB. My settings are exactly as you advised. As Jim so often comments “stand back and reflect” which I have done this evening My reflection is: SYMBOLS – The one symbol that one should not be in is a long position on SLB which right now is down on my account by -6.79%. It has been in a down trend since the beginning of the year. From a chart perspective I am comfortable ( within reason) with BMRN (4 * trades) – EA (1* trade) and NCLH (6 * trades) The monthly simulated results for all eleven strategies are good. The strategy +S20-/Dyn5C has the biggest monthly loss of 1.15%. But for me on Rev 06 and HD (so far) actual results have not been good. My conclusion is that ideally there needs to be a confirming block in the strategies. Jeremy W in OTU 201 gives an excellent explanation on this particular block. He illustrates / explains just how the RSI-C & STOC- C & WLR-C can be used to confirm a long signal. For me it would give me comfort when Limit entries become reality to include a confirming block. I do remember one statement Jeremy once made “ that the confirming block is the most underestimated block in OT strategies.” In ending I sincerely appreciate all the work / advice that you have given on FTM. Just my thoughts as I end off the week. Have a good weekend all Keith I am sure Jim’s MTV work would also assist as a “confirmation” | |
