Conquer V2.1 & Spec update

by Jordan on January 25, 2010

We have minor adjustments to the Conquer V2 with the V2.1 update now live.

Conquer V2

  • The Sunday pre-market is now ignored completely and the 0:00 GMT on Monday now uses the high or low of Friday’s price bar for entries.
  • Up or down price bar for criteria is no longer needed.
  1. After the trend change an up or down price bar against the trend is no longer required for setup criteria.
  2. Also an up or down price bar is no longer required after being stopped out or after profits are locked in to at least +10 pips for setup criteria to be met.

You can view the rules for the Conquer V2.1 here.

Speculative

  • Money management changed to taking profits off of the 3rd level (4%) and then going back to 1% in order to take max profits more frequently.
  • Direction of the trade adjusted to stay with the new day’s current trend out of the gate.
  • The stop loss was reduced by 20 pips in order to give us a better risk to reward ration on the trade.

We will see much more frequent take profits rather than riding out the Spec for long periods of time looking for home runs. You can view the rules and also download the updated spreadsheet here.

Akbar and Esmarting also both sent over new spreadsheets for the 15 minute trading which can be found in the member area under the 15min or here at the bottom of the page.

blog comments powered by Disqus

Previous post:

Next post: