Some Ideas About My Wedging Method

I trade wedge and from this simple method, produce lot of strategies.
For example:

1. In a volatile market, the first signal of breakout either way is entry. Enter the first arrow breakout.
2. In Sideway Market Enter the second arrow.
3. In quiet Market and choppy market, enter the third arrow.

Those three strategy also can be added with price entry.
-- On volatile market/directional market, enter at the breakout price, even the worse price is okay.
-- On sideway market, enter at the better price, 1 or 2 ticks from the breakout price.
-- On choppy market maybe 3 to 4 ticks is okay.

There's a lot more strategy can be applied.Like Profit Taking, Stop Loss, Scaling Up, and so on. There's a of lot modification in just one simple system.

A. In the quiet and cchoppy market, you may want enter at the third opportunity to reduce being chopped out. You may lose some opportunities but at least you don't chopped to death.
B. In Volatile market, you may want enter at the first sign of breakout. You don't want to miss the train for bigger profits.

One more thing, a system or setup should not be treated like a crystal ball. It's merely tools for trading so you can review it objectively, backtested it systematically. A good system/setup should be applicable to other people at the exact spot. The reason for this so we can review and backtest it without discretion and subjectivity. For example: If you draw a channel, mostly 10 people drew 10 different channel. A good system should be 10 people drew 10 similar or exact channel. That's how all Turtle Traders ( From the Turtle Trader Book ) is so successfull when they're active. They learnt exact same system, plan, so if one of them long soybean for example, guaranteed that none of their partner shorting soybean at the same time. They're either long or do nothing. That's what a good system should be created.