I don't tend to trade Bank Holidays as volumes are low and traders are generally off taking long weekends. These are times when the markets can do funny things. I didn't trade today but in hindsight, our system would have worked and bagged our 30 pips. For reference, here is the chart, the upper line is at 14493 and the lower at 14444. The market hits a high of 14550 which is almost 100 pips.
Today the markets moved exactly to cut out both my long and short trade with such efficiency, it makes you wonder if they were waiting for you! Anyway, the two trade areas were 14395 and 14351. The long came first and practically immediately reverse at 144400.. I did think that this is a whole number and these are usually areas of resistance or support. The market reversed enough to hit my stop which was also my entry for the short... it went 20 pips and then reversed and took out the long.
I still haven't updated the charts from last week so I'll need to do that still... however, I was excited about trading since the testing has shown the systems seems to be profitable over the long term. You can never be 100% sure of any trade so long as you win more than you lose. Anyway, I have decided that it looks more profitable to put in an order for either direction. I am not doing the OCO (One Cancels Other) trade anymore.. I will buy if the market goes above the upper line and sell if
