I've done a review of all my trades and also some manual chart backtesting and it seems as if the ABCD method of trading is very reliable esp when converged on a trendline
http://i16.tinypic.com/3ymxc47.gif
they also occur in counter trend moves (riskier). But it is easier to enter on the bigger ABCD.
IT is also similar to elliot wave theory....they might be the same
http://i16.tinypic.com/3ymxc47.gif
they also occur in counter trend moves (riskier). But it is easier to enter on the bigger ABCD.
IT is also similar to elliot wave theory....they might be the same