Dislikedtoday I lost a lot from EURCHF, 4H i see price reject EMA50 and testing reentry low price . so I think it might go down very soon. however I see 1 CSM on top H4 I backtest some chart, CSM with EMA50 might retrace midbb or touch lowbb but can't do CSM sell. So I short expect midbb but not happen till now. price overshoot to reentry day/ surpass ema50. So If chart looks like as this, what can I do first? --- and for gold I should expect reentry week instead of EMA50 rejection? I'm afraid it would be like EURCHF from backtest somepairs drivethru to...Ignored
See how the price react on Ma10. I never change the zone.
Just wait for daily cs to close, next cs open will be my entry cs.
I will only cutloss when the 2nd cs close as another csm buy.
I only do this when im focusing on 1 pair only. And this all based on my experience and self study of the bbma strat. Was never in the original bbma note.
And this is also how i get higher/lower entry level.
fall seven times, stand up eight.