It took me out, but I am following this thread steps and I am taking 80% at 10 pips.
Last trade was the legit BOS entry.
I viewed this as a stop hunt into an OB after BOS.
I spent the whole weekend reading this amazing thread and the progression from diververge into perfect entries, it took me a while but I feel I understand a little bit. Thank you
Rainbow is at a turning point-- my $ is on short
Id say that Reversals almost never occur on Fridays so its highly probable that we will get another push up or move sideways for the last trading day, if you want to counter trade then do it on Wednesdays or the beginning of the week.
Rainbow is long
Rainbow gives, Rainbow takes Pick One
I would say this week will end long and if there is to be a reversal it will happen next week, IMO most trend changes/reversals occur during Wednesdays and Thur-Fri will follow the mid week direction.
Need to clear the last top to keep going up.
This is very useful to me, thank you for this indicator!
I see some polite people, but mostly functional illiterates that cant read beyond no sl. I said 1 post but will expand a little in this final post for the polite people. There is a very simple fact of trading 1 -- The market moves in waves it does ...
I saw some other "No sl" thread but i will write on my own. There will only be one post from me and ...
I agree with you with all you said and didn't say otherwise,still they do not use stop losses and they price average that is a visual fact, there is nothing wrong with that and of course the good traders will have an exit parameter and not let a bad ...