As mentioned in a comment under my previous post, although I have a specific point of entry for each that I trade, we must remember that it doesn't mean price action will stop on a dime and reverse right then and there. Like anything else, in pattern trading we're still looking at potential reversal zones.
For this setup i'll be mapping out my potential reversal zone and as we work our way to the lower timeframes in my live trading room, we'll see if we can find an alternative reason to get involved.
Also on my radar $EURUSD $GBPUSD $USDJPY $USDCAD & $AUDCAD
Good luck today traders.
Chief Currency Analyst & Head Trading Coach
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1) Do I need to individually backtest each method (Gartley,Bat,Cypher,2618,DB/DT) on a pair or I can backtest considering all 5 and backtest it at one go ? Whatif,any methods superimpose on eachother while doing all at once ? Bcos, I can take one trade at a given time right ? What will be the ideal way to do backtest ?
2) My Trading timeframe is hourly, so how many trades are needed for backtesting to be considered as valid ? Around 200/300 Trades enough ?
Thanks in Advance !