I am back to trading the Range Compression Trading System, with certain modifications. I am now trading it completely mechanical.
The main change from the way I traded the Range Compression Trading System in January is in the entry. Now, the entry has been made mechanical, and more liberal in order to get more entries. Also, the Initial Stop Loss may be wider sometimes. Everything is based on mechanical trading rules.
Today, was a totally uptrend day, at least for the relevant part. The first trade was a late long entry into the trend that got me profit. The second trade was a later long entry into the trend that made me a loss.
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