[elovemer]

..once the swing turn is in.... there are not many ten moves against the direction of trend
... until it gets near the upper range of the swing

the 50% level of the last move is usually the level to watch for a return to the direction of the trend

[elovemer]

... when there is a slight trend but not too strong... which persists day to day.
... that's when it is important to take the reversal trades as a means to fund entries in the direction of trend.
... if the trend continues... .the trader can just repeat this process until it fails.

... if the trader has a 4 point gain on a reversal trade and then reverses to go with the trend, the trader using a 3 point stop can allow the bears 7 points from the last pivot high
.... usually 6.5 points is enough to allow the trend to return

[elovemer]

............
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[elovemer]

95.5
....05.5--04.5
...........
.............

[elovemer]

bounce on 50% twice
..........
..........

Originally Posted by elovemer »

95.5
....05.5--04.5
...........
.............

[elovemer]

01.5.....92.5--91.5
st 3 pnt

you can't get filled if the low tick is 9 points
.......................

which brings up another point.... you can split your entry...
some at 9 and more at 10 ....

[elovemer]

if trader is somehow magically filled at the low tick
.... management at 95.5

Originally Posted by elovemer »

01.5.....92.5--91.5
st 3 pnt

you can't get filled if the low tick is 9 points
.......................

which brings up another point.... you can split your entry...
some at 9 and more at 10 ....

[elovemer]

92.5....02.5

.. but have to be careful.... because may be better to hold on
.. rather than reverse....

... inside action ... going to outside action
.... can blow thru