Disliked{quote} May I suggest when you see such a downtrend from the early morning to try and take sell signals rather than buy signals, I know it is not possible to tell when the bottom is reached and the reversal begins, but when you get an H1 lower open after a long downtrend let the first one or two entries pass. you will find they often trigger your buy stop and then reverse to make a new low.{image}Ignored
Can I ask please why you think it's not possible to tell when a bottom or top is reached and a reversal begins? Are you referring to it through the use of this strategy? I ask because my knowledge tells me a very different thing.
For me what you said is here say. But I am curious how you arrived at that conclusion.
Peter
Real Trading is not gambling.