How flexible is the HVMM 2010? Can it handle a trendless market? My previous video looked at the GBPUSD 6 range bar chart trading the U.S./London overlap. You saw how simple and powerful this strategy is. This video is going to kick off showing you the four hour chart of the EURJPY (can you say sideways and crazy volitility?!?!) Even the most novice trader will agree that the price action is pure ugly. Can the HVMM 2010 deal with that? Also note that the chart is a 144 tick chart and the session is the London session (2-5 a.m. ET). Will that cause a change in the strategy?
The short answer is no. The longer answer is the HVMM is a solidly flexible strategy with the unique ability to get you through rough waters with no damage to your account (by keeping you out of the market) or a slight bump or two (that is the power of “early exits”). We will look at the last three days and while we had a loss or two….every session ended in the positive. The video is a little longer than I like (15 minutes) but will give you a better insight into the strategy than me just showing you trades.
Looking forward to your comments...