Average Stop : 30-100 Pips per position
Average Limit : 30-100 Pips per position
Start Date: 9/24/2009 10:42:05 AM
Trade frequency: 40-60 per week
Time frame: H1
Trend or Reversal trader: Both
Swing / Intraday / Daytrader: Swing
System Description:
Utilized a custom developed version on Synergy Trading Method, which was developed originally by Dean Malone. It combines the market forces of Price Action, Trend, Momentum and Market Strength to produce higher probability trades.
The system identify and use two important trading components in real-time: Price Action and Sentiment. Price Action is market movement, such as the oscillation of Open, High, Low and Close prices. Synergy is designed to eliminate price distortions. It reveals periods of market strength and trend and periods of consolidation. Sentiment is the intuitive feeling or attitude of traders and investors in the market. For example, if the sentiment of the market is bullish, then traders and investors expect an upward move in the market. Often, sentiment is an indication of optimism or pessimism in the market based on recent news announcements or political events.
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