Hello men,

In response to some pms and e-mails I thought I would start a journal here innigeriaforextradingto let you guys know how I'm progressing in the development of my trading system - The Constrictor that I've been busy working with since the past three to four months now. (back testing and forward testing) I have a journal running in the J16 private forum where I did a lot of the first experimenting and testing.


What I use with this trading system would be a 21 EMA and a 50 EMA applied to the close. The area in between the 2 EMAs is what I refer to as the constriction zone (CZ).

I've developed 5 different entry methods 3 of that are trend following methods and another two are the more competitive counter trend procedures.

Before we proceed, I'd like to mention that this system is basically just an extension or some branch of the James16 procedures and some comprehension of the way we trade in the J16 thread would come in handy, though of course I will be explaining my entries in detail whenever I will be keeping in mind that the raw newbies around.

A very special thanks to my dear friend Mike w for all of his efforts and ideas to get me moving, along with the multitude of folks at the j16 thread that were right with me this time.

Pairs: Most of the common pairs - no exotics - nothing choppy. (Also some int. Stocks per week TFs)

Time Frames: 4H and over

Trigger bars: Outside bars (BUOBs BEOBs), interior bars, Pin bars, IPBs, Bullish/Bearish bars (long body, authoritative close)

(When there's anybody out there that requires an explanation on these activate bars are exactly, let me know and I will take up it - like I stated some basic understanding about J16 methods will make this entire thing go down really quick)

I figure I've covered pretty much all the very first things I needed to.

Articles coming up with the real matter.

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EDIT: I have also done a few introductory videos explaining the constrictor system. Here they're

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g.