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the daily system

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  #1  
Old 25-03-2009, 13:21
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Default the daily system

I understand that 4h can be use with this system can anyone explain the rules.
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  #2  
Old 25-03-2009, 14:38
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It would be nice to know the rules
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  #3  
Old 20-04-2009, 22:05
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Default system

what system do U talking about
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  #4  
Old 20-04-2009, 22:52
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Hi,

Presumably you're talking about Ash's daily system.

The rules are just the same as the daily. Look for a bullish/bearish candle, along with a PSAR reversal, and the AC/AO & Stochs to confirm.

You may want to apply some filters, and of course forward test this on demo before using it live.

1) Look out for major S&R in the higher time frames including Fib points and trendlines.

2) Look for at the daily and weekly timeframes. Don't take the trade unless the trend is in your direction.

3) Thanks to kingpips and lrathi for these two. For reliable filters look for divergence on CCI 10 and/or daily/weekly stochs lining up with the 4h.
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