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Última vez visto el: Oct 11, 2024
Because they are not too far apart. Also it looks like a great setup: Strong bull trend+ 50% PB+ not too strong selling pressure+ wedge Bull flag(?...
Same entry. 60%-90% for 1x Risk. 40% for 2x Risk. Seems like they would be closer. maybe 50-60 for 1x 40-50 for 2x
Maybe... bar13 = triangle BO, so wait for follow thru. Bar14 = bad follow thru so don't trade, wait (?)
... And you never know if it's FF until hindsight, so how are they used in live trading
Also note 8/10 daily markup "sell the close" on bar1&2:
Yes both trades are opposite direction of a large gap, so maybe "80% trend reversals fail". Pictures with overnight session included:
49F has some usage of the 60min 20ema on the 5 min chart.
In the daily setups for 8/10 (the sell+loss example that I posted) Dr. Brooks shows sell the L on the first 2 bars (I was thinking sell the close). So...