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Re: My Entry vs My Stop vs My Exit
So... how do this M`s get formed ?... well believe it or not... I need noise for this¡¡... noise can be very handy for this setup... so I use a smaller time frame to get this noise and start to see this M formations... I attach the theoretical formation of this M on 22 T chart and example charts...
On the first example I pretend to refresh from the outerband to the mid band on the 110T chart, now you can notice its hard to see an M formation on the 110T chart because information its too compressed there... as I decompress information to a 22 T chart I can clearly see how this M gets formed and how it can help me to get a competitive entry in order to have a good RRR...
more examples attached... cheers Walter.
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