DislikedTwo questions:
1. How rigid do you define bounce? In an downtrend what if price closes above the EMA72 and then resumes the downtrend, would you enter?Ignored
72EMA, 12EMA & Price One below the other & viceversa for Buy
Disliked2. You mentioned a max. SL of 35. In my backtests over the weekend I was stopped out with 35 most of the times, if I enter after the close of the candle that crosses the EMA12. Do you enter before the close?Ignored
On the Chart Only the first & second one is the valid entry, & the second one is a fail trade!