Thanks for stopping by. Just to let you know, I stopped trading this method. It can work, but I haven’t found a way to make it work with my personality. Here is why I stopped: http://www.tradingheroes.com/death-of-the-accelerator-trade

If you want to try it out however, TradeStation should have a pivot point indicator. You can just set the period to weekly and it will do the same thing. TradeStation is really good, but if you want to try MetaTrader here is my indicator: http://www.tradingheroes.com/my-pivot-point-indicator

I just setup a free demo account with a broker like Alpari and use Metatrader that way.

Hope that helps!

Hugh

Do you use Booker’s Bollinger Band? Any experience?

Tom from Hungary

Oh yeah, totally, if there is anything that I learned from this, it is that the concept of stacking can be applied to other strategies. I also saw another strategy that stacks trades between the 23 and 38 Fibo retracements when price goes more than 250 pips in the GBPCHF or GBPJPY.

Thanks for visiting, hope you are trading well!

but it’s an interesting concept which I may find in other uses … much like Kathy’s 3SSD,2SSD bollinger trade which works on stats probability or rubberband trade (i.e when price are overextended, there is a tendency it will snap back to norm)

trend trading would be a nice way trade but market been choppy lately, hence it’s out of question for now

anyway, all the best to your trading success! cheers!

It can be taken any time, you can even put the orders in on Sunday. My spread is about 5.5, variable. The stoploss is subjective on this trade. What I found was that it was best to take the profit if the market started to hesitate in any way. I decided to stop trading for the following reasons: http://www.tradingheroes.com/death-of-the-accelerator-trade

Hope that helps!

Hugh

so if a potential setup was found on monday, do we start placing our entries after London open (i.e 0:00 gmt)? and a suitable stoploss level for this kind of setup?

may i know what’s the spread for GBPCHF you are getting from your broker?

Thanks Much!

Shoot me an email and I can help you out. hk [at) hughkimura [dot) com.