Jump to content



Photo

Douglas Trading System


  • Please log in to reply
No replies to this topic

#1 Douglas

Douglas

    Member

  • Traders-Talk User
  • 1,828 posts

Posted 10 May 2016 - 02:55 AM

Well, the Friday 6th of May risk window appears at this point to have been a low, but not a barn burner.  The next risk window is a real head scratcher.  The system has identified 10 risk cycle turns scattered across this week.  Since this Friday is the 13th and contains one of my favourite risk cycle turns, it's my best guess for a turn or acceleration event this week, but the number of risk cycle turns spread across the week mean something exciting could happen just about any day.

 

The trading system got a buy signal, but I have chosen to ignore it which I know is stupid in the long term.  Given all the risk cycle turns this week and the fact that I'm a big chicken, I just can't bring myself to buy in the face of all this short term risk.  I'm left hoping luck will win out over better judgement.

 

Regards,

Full Feathered Douglas