This is a bit slower of a move:
Initial Spike:
00-10 * 4
11-20 * 3
21-30 * 2
31-++ * 0
Initial Move:
00-10 * 1
11-20 * 2
21-30 * 2
31-++ * 4
1 Whipsaw with a candle of 28 pips
5 reversals with an average move of 45 ranging from 21 to 75 pips.
A nice strategy for me will be a straddle with a tight entry. Stop at 10 and limit of 15.
We will see how the revesal plays out and try to catch some of that also.
DC
Initial Spike:
00-10 * 4
11-20 * 3
21-30 * 2
31-++ * 0
Initial Move:
00-10 * 1
11-20 * 2
21-30 * 2
31-++ * 4
1 Whipsaw with a candle of 28 pips
5 reversals with an average move of 45 ranging from 21 to 75 pips.
A nice strategy for me will be a straddle with a tight entry. Stop at 10 and limit of 15.
We will see how the revesal plays out and try to catch some of that also.
DC
"There is MORE Happiness in giving than receiving"