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It looks like price was in consolidation just prior to this SUB. Instead of price staying above the 10, it was on the line.
My best guess.
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DislikedhI Daimond,
could you explain the pic on your last post....
i don't understand how the first SUB you pointed/ first arrow/ is a SUB at all....it is not the first to break the 10sma
i understand that you pass the first SUB after a extended pull-back and wait for the second to form, i just don't get it why you read this candle/ first arrow/ as a SUB/
thank you!Ignored
DislikedThe set up bar occurred at 3:01 am ET, and followed a SUB that was the first one to return to the trend. As per rules, the first SUB returning to the trend is passed up in case price continues against the trend.Ignored
DislikedThis is illuminating, why have I never heard this mentioned before in the webinars or here in the thread? It does make sense to me, but somehow I must have missed it.Ignored
Dislikedwhen dust cleared and we were still short and then it trended and pulled victory was the next stopIgnored