I went through the 10 minute "XTL Breakout Trades with Advanced GET" on-line video lesson available in the Advanced GET Product Training portion of the web site and found that it is in conflict with the information contained in "Overview of XTL.pdf"(7/11/2003)file available in the File Sharing portion of the site.
Specifically -
The video lesson, is very clear in stating that for breakout trades all price bars must remain the same color as the breakout bar (red or blue) until the trade is initiated. No black bars are allowed. If a black bar occurs a new breakout signal (and appropriate buy/sell level and protective stop) must be established.
The pdf file, in the "How to use XTL" section, states "Buy (go long) when the market penetrates the BUY LEVEL provided the following holds true: a) XTL does not detect and display a bar with the opposite Trend color.....Neutral (Black) bars are okay and does not alter the strategy)....
So my question - Has Tom done further work on the practical aspects of his XTL study and revised the suggested approach? If so, I'd suggest revising the written material.
I'm a recent purchaser of Advanced GET EOD and have been overwhelmed by the material available. However, I plan to re-review the video tapes for XTL info this weekend and see what they say. However, if there has been a change I'd appreciate that info so that I can review the tapes with that in mind.
Specifically -
The video lesson, is very clear in stating that for breakout trades all price bars must remain the same color as the breakout bar (red or blue) until the trade is initiated. No black bars are allowed. If a black bar occurs a new breakout signal (and appropriate buy/sell level and protective stop) must be established.
The pdf file, in the "How to use XTL" section, states "Buy (go long) when the market penetrates the BUY LEVEL provided the following holds true: a) XTL does not detect and display a bar with the opposite Trend color.....Neutral (Black) bars are okay and does not alter the strategy)....
So my question - Has Tom done further work on the practical aspects of his XTL study and revised the suggested approach? If so, I'd suggest revising the written material.
I'm a recent purchaser of Advanced GET EOD and have been overwhelmed by the material available. However, I plan to re-review the video tapes for XTL info this weekend and see what they say. However, if there has been a change I'd appreciate that info so that I can review the tapes with that in mind.
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