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any trader who used Adam Khoo's bounce strategy here?


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Hi;

 

Any trader here who implemented the strategies of Adam Khoo like Bounce, Impulse Pullback, Breakout System and Bollinger Mean Reversion? I am studying his method since a month ago after this was shared here. I am getting a low expectancy ratio as of now. Hence, I would like to learn from those who are successful in their implementation.

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I've found 2 of his strategies useful for BTC on higher timeframes >4h. I don't remember exactly what he calls them but one is continuation strategy when price is near major MA, Stochastics is above or bellow 30-70 and you have candle confirmation. The other one is divergence. I use MACD divergence and candle confirmation to enter the trade. After the candle confirmation i found it useful to wait for the pull back to enter the trade. In that way you can exit the trade earlier. The biggest lesson I've learned so far is to exit the trade on 1.5-2R. There were numerous trades I've lost because i stayed for too long in the trade instead of exiting with the profit.
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