{quote} The short entry at 3197 was very late. My system actually detected a short at 3235, much higher, at the London Open, but earlier my bias towards long was so strong that I ignored the system’s signal at second entry. The MisseD system worked well today, but on the M15 timeframe it was very late. Today was a lesson for me as well: I need to add a rule that once the London Open begins, any trades still open from before become invalid (if in opposite signal) and must be closed.
As for the earlier detection, it's always a balance of "take the risk" or wait for "confirmation" which is what the 3,197 level is.
And there are 2 ways to increase profits; find early entry and capture more pips, OR use a larger position size!
Depends on each traders' confidence in the method he is using; this is a purely mechanical trigger of the price action.
Sometimes it works, sometimes it doesn't, just like everything else.
It takes a lot for me to IGNORE you, but you can try.
