Dislikedno.. the reverse trade are short... there's no pending buy here.
please read post #485 and his explanation first.
So the reverse trade doesn't care any setup bar right? Only if we got stopped out we open another position.
So when we also got stopped out in the reverse trade, we reverse again?
Is that ok? I see every trade has a big stop loss...Ignored
In a case like this Sterling did mention somewhere about a 50% fib entry he uses, can't find the post....sorry.
The large SL is the drawdown, but in one of the posts Sterling states that this system is profitable, the big winners cancell the losers.