GT3RS wrote:
Thanks for this.
Is crossing the 20SMA a new thing? Or have I missed where you explained it earlier? Do you want a candle close on the other side of the 20SMA?
More questions!
1. Would you take a trade at a WP if price is in a suitable retracement and the above criteria are met?
2. Do you find it more reliable to take deals at MP and WP or FastTMA line?
Thanks again,
Rob
Rob,
SMA(20) has always been part of the template and I have said that its use is to help position the entry. I had told you earlier to wait for confirmation at MP before entry. I'm only stating how that confirmed bounce may then be entered. You don't have to use SMA(20) as it is an optional tool - I do - but once all other the conditions had already been in place at that HPTP, you can set the entry at a level that allows some space for confirmation that a bounce has occured. You may be sacrificing a few pips to be safe but its worth it. No rule has changed, only some entry level space allowed for confirmation - just for safety.
I do not find WP to be a trend-changing pivot, typically it just pauses a move briefly.
What is the difference between Reliability and Predictability? CTS isn't a prediction tool, only a fast trend-follower with an early entry and early exit mechanism. It's like a highlighter on a chart that says "this is a highly probable entry point; take a closer look and follow fast if the expected behaviour is confirmed".
Any trader approaching the forex market thinking about predictions ("I think price will go here so let me get in early") instead of probabilities ("price can go here or there; this expectation has a higher probability under this condition; if confirmed, here will be a good entry level") will be a net loser. Sorry, I can't be of any help with changing psychology.
Cheers
CC
I'am the kind of 'visual guy' who needs pictures to better understand things. But i think i will read all posts again and take some silent hour with no intervention from my kids to give it a second chance 
