Exactly the same parameters that I was first introduced to about 18 months ago in the GET free demo program; Wave 4 correction, PTI >35, Oscillator 90% decline, but not over 138% and of course, the breakout of the Wave 4 Trend Channels.
I have been successful on about 67% of these trades, about what Tom Joseph told me I would find. Key here is to keep your stops at the previously indicated Wave 4 bottom (or top) and USE THEM. I also filter my stocks; in other words, I don't take all Type #1 Buys, only those that appear in a "fundamentally correct" stock, such as an MPT model portfolio stock, or an IBD 90/90 stock, or some other fundamental filter.
Keep plugging away, it works.
Allan |
