DislikedHi Sterling
I thought if reversal bar on long trade makes higher high and lower high then we can move up the stop loss to 5 pip below the low of reversal bar. I did not know that the reversal bar has to qualify as a setup bar as well.It is clear now.
I also wanted to ask you the rule where it says if you get stopped out of your reversal trade you do not put another reversal trade in the market,when does this rule applies ? Please could you explain with the example.
Thanks a lot Sterling, you are a great help.
BhupinderIgnored
-Sterling
Founder of Day Trading Forex Live