Quote Originally Posted by Pascal View Post
Here is the data.
I believe that if in three days, we did not hit the stop loss and IWM is closing higher than yesterday's close, we will not do better than a "wash" on the trade. At least this is what the stats says.

In that case, we will refrain from trading new IWM Robots positions until the 20DMF issues a signal, because it means that past stats are not applicable and that the environment is on stealth QE3.

Pascal
Attachment 12467
Many thanks, Pascal, looking at the raw data is always best.

Out of curiosity, if you were to look back at the market reversal that triggered at the "near miss" and assuming that we are indeed in a stealth QE environment, would you be able to trace its start (ie when those who move the market got the clue that QE3 is inevitable, whether formally announced or not) back to that date?

Trader D