Reply to thread

[USER=82492]@Fury[/USER] I was referring to  the "Ducati Blue Bar Strategy"

[USER=2975]@ducati916[/USER] has given me a few ideas which developed into a new strategy the "Ducati Blue Bar Strategy". As usual "for me" it's all about jumping on trends & now with a few new ideas from the "Duc" I'm using those indicators to guide when its optimal to buy & sell. I have a simple trading method of riding trends. Everyone would have read the same post but I've taken the gems dropped by [USER=2975]@ducati916[/USER] & applied the knowledge he generously passed on to everyone.

Explanation

I've used [USER=13908]@peter2[/USER] idea of colour coding the trend with "Blue Bars" so it's simple to follow along by looking at the charts. The first "blue bar" is the signal bar (the white arrow) & we buy on the "next daily blue bar" at the open (the white square). The position is held till the first "red bar" & sell that position on the open on the next "red bar". It's a simple strategy I have to admit.

Making money is the name of the game

If you only traded one strategy the "Ducati Blue Bar Strategy" buying blue bars & selling the red bars you would be rolling in dough. This strategy is a money-making machine.

In saying this 

"A trading system is usually most effective when "implemented consistently". One problem frequently encountered by individual traders is the "difficulty" in following a system. Sticking to a system requires discipline & discipline is often difficult to maintain in the heat of live market action, where "emotions" can rule the day & a trader may be tempted to second-guess his or her system as [USER=78961]@Warr87[/USER] eluded to earlier".

This is the series of post - the timeline that gave rise to the "Ducati Blue Bar Strategy" 

https://www.aussiestockforums.com/posts/1065849/

https://www.aussiestockforums.com/posts/1065921/

https://www.aussiestockforums.com/posts/1066161/

https://www.aussiestockforums.com/posts/1066911/

https://www.aussiestockforums.com/posts/1066996/

https://www.aussiestockforums.com/posts/1067016/

https://www.aussiestockforums.com/posts/1067059/

https://www.aussiestockforums.com/posts/1067241/

https://www.aussiestockforums.com/posts/1067303/

All the information has been disclosed to make a profitable strategy

I've made over 70 posts about the "Ducati Blue Bar Strategy" & if you use the search feature you will find them all. I studied constantly for 3 years (14 hour days) before I placed my first trade. I've condensed what I've found important & condensed the information into one thread. Most won't read the entire thread "as it will take too long" - go figure. At least read my free ebook.

Skate.