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Overbought-Oversold Intraday Tradins Strategy
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Author Overbought-Oversold Intraday Tradins Strategy
vinay28
Black Belt
Black Belt


Joined: 24 Dec 2010
Posts: 11748

Post: #151   PostPosted: Tue Jul 14, 2015 8:23 am    Post subject: Reply with quote

Amitsh27 wrote:
Thanks Reema

@vinay: seems the strategy soesnt work anymore...today sell came but neither SL nor tgt hit....finally exited at few points loss...any suggestions or tweak ?


amit, I have never studied this strategy but I wonder why you are sure it "no longer" works unless it world famous for decades.

All well established strategies start failing after many years if too many people start using it and resultant high volume distorts the price trend. Also, the SL is now obvious to stop hunters.
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