Disliked{quote} What does designed to be covered mean, exactly? The trade for e.g. hit SL, how is that loss negated? thank youIgnored
Hi it means all trades are calculated to cover each otherīs loss by looking into S and R area and range zones.
For example you have one trade on sell on one pair and it hits SL.You do not enter again on sell hoping the trend will reverse but you will enter a buy following the price action and the S and R zones.
In a veery slow market it has itīs faults but on a normal day it works like a charm.
I hope this clarifies.
Better look at todayīs EUR USD trade.
If we hit our sell SL then we buy and we will cover our loss as the SL and buy orders are placed in a key point of the market.