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• This day trading system trades both long and short trades and relies on one basic study to determine not only the direction of the next trade but the entry price as well.
• It also determines whether trades are long trades or short trades.
• All from one simple study that is so popular that the data from your charting company will almost surely be the same data no matter what charting company you use.
• This is very important because it is sometimes extremely difficult to find one trading study that all traders can rely on for honest reporting.
• Most of the time you will find it almost impossible to compare your results with others who may be trading the same system.