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Re: My Entry vs My Stop vs My Exit
Ant, I really dont use the 110T chart as I trade, I am only showing the trendbands that come from that scale, and the concept of refresh and reject... I actually just focus on the 22T chart for my trading... (the trend bands on 22T are the same from 110T ) M and W are all over the chart... I really dont look for M`s Its too tricky to do so... the "1rst intention" (I call it) its what gets the pattern started... and that is the "crossing" of the trigerlines (blue/red) near to a dynamic level...(outerband,midban d) so its not just looking to all the M`s that get formed, you can loose your mind trying to do so... now once you had that "1rst intention"... the pullback to the area off the triggers gives you an excellent entry oportunity... I like your feedback and I would like to get more feedback on this formation, always taking into consideration the RRR as the central topic... remember RRR = live or die... you cant survive on this bussiness if you loose the same that you win...
Last edited by walterw; 01-02-2007 at 02:19 PM.
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