i got an e-mail a few days ago showing the slingshot now i have read most of the forum and i think you guys missed one of the moves.
when you have a set up bar for a long position you have a bar thats heading in a short direction with a minimum of 15 pip top to bottom. the entry bar as i understand it continues in a short direction untill its below the lowest low of the setup. and then turns around and gos in a long direction. i think thats were it got its name slingshot it pulls back FIRST then makes a move
when you have a set up bar for a long position you have a bar thats heading in a short direction with a minimum of 15 pip top to bottom. the entry bar as i understand it continues in a short direction untill its below the lowest low of the setup. and then turns around and gos in a long direction. i think thats were it got its name slingshot it pulls back FIRST then makes a move
the markets moving, time to get in!