Survey testing procedure

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Survey

prerequisites

plan to collect data on hundreds of moves

identify trading time window(s)

one currency pair at a time

chart setup

visibly mark trading time windows

post-analysis

use data to develop trade rules for high-probability success

classify correlations with type of move

find statistical correlations

types of exit moves

loss of momentum clues

definitive exits

data entry

electronic form direct to database

determine if any modifications needed

start with hand-filled paper survey

types of entry moves

marathoner steady trending breakout

sprinter short-burst breakout

mechanical process

ignore traditional indicator interpretations

collect raw data only

unbiased

objective

no thinking

gather observations

record all data for all indicator readings

do not try to interpret indicators

focus on significant moves

looking for clues to indicate move start/end

one survey for move start, one for end

observe beginning and end of move