Quote from marketsurfer:
Thanks. yeah, the this system works very well in high volatility regimes--- i used it in conjunction with gannwheels back in the early 2000's on the Nasdaq futures and did very well--then switched to the DJIA, did well, then it stopped working.
THe system rule is to have stops at the same channel level, the 3 minute gap in between breaking and entering varies. then trail at your comfort level or system goals----
Will be entering LONG BAC and C at close if price stays above 13 and 48.
good luck, surf
Like Two hundred + NQ points?
But of course every now and then the TA crowd will hit you just never hear about it before it happens or while it happens.